Margaret Taylor Gold Coin Release
The U.S. Mint has released the 2009 First Spouse Series One-Half Ounce Gold Proof Coin.
This is the fifth coin released in 2009 in the First Spouse Gold Coin Series and features Margaret Taylor, who was the wife of President Zachary Taylor. This coin is a one-half ounce 24-karat gold coin struck in proof condition, giving it a frosted foreground and a mirror-like background. The obverse features a portrait of Margaret Taylor and the reverse depicts her helping an injured soldier during the Seminole War. This coin is encapsulated and packaged in a custom-designed, highly polished, dome-chested, lacquered hardwood presentation case accompanied by a Certificate of Authenticity signed by the Director of the United States Mint.
The First Lady Margaret Taylor was born September 21, 1788. Her father was Major Walter Smith who was born August 12th, 1747. From Calvert County, Maryland; he was a tobacco planter and a Major in the Continental Army during the American Revolution. He died in 1804. Her mother was Ann Hance Mackall and she was born May 12th, 1755 also from Calvert County, Maryland. She died May 20, 1789 in Calvert County, Maryland.
Margaret Taylor was married to the 12th President of the United States, Zachary Taylor. They had 5 daughters and 1 son.
Zachary Taylor once commented that Margaret "Peggy" Mackall Smith Taylor "was as much of a soldier as I was." For 30 years, she followed her husband during his military career to remote hardship outposts that stretched from Louisiana to northern Wisconsin, creating homes for her family in tents, cabins and forts.
The First Spouse Gold Coin Program
The First Spouse Gold Coins Program
The United States is honoring our Nation's first spouses by issuing one-half ounce $10 gold coins featuring their images in the order that they served as first spouse. Each one-half ounce coin is a 24-karat pure gold coin minted in proof and uncirculated condition.
The United States Mint issues First Spouse Gold Coins on the same schedule as the Presidential $1 Coins issued honoring the Presidents. The latest First Spouse Gold Coins Released in 2009 where of Anna Harrison, Letitia Tyler, Julia Tyler, Sarah Polk and Margaret Taylor.
Click to see the US Mint First Spouse Gold Coin Release Schedule:
The First Spouse Gold Coin Program started in 2007 where every year four new dollars have been released by the US Mint. The First Spouse Coins may not always be released at the same time as their respective presidential dollars, each first spouse coin is released in the same year. If a president had more than one spouse while in office, like President John Tyler, each spouse's coin will be released, resulting in five or more commemoratives that year. Any President that did not have a spouse while in office will have a depiction of Liberty placed on a $10 gold coin.
US Mint Reduces Gold Coin Prices
On January 26, 2010, the United States Mint lowered the prices for certain numismatic products, following a decline in the price of precious metals. Prices for numismatic products are based on the product cost plus a reasonable profit.
The Mint's pricing policy for gold and platinum numismatic products allows prices to be adjusted as frequently as once per week, in response to changes in the price of gold.
Current numismatic gold products include the American Buffalo Gold Proof Coin and five different First Spouse Gold Coins. The 2009 First Spouse Gold Coins feature Anna Harrison, Letitia Tyler, Julia Tyler, Sarah Polk, and Margaret Taylor. Each coin contains one half ounce of 24 karat gold and is available in uncirculated or proof version.
To read the original article from Coin Update News and to see the Gold Numismatic Product Prices. Click Here Prices Reduced for US Mint Gold Coins
Buy Gold Coins vs Gold Bullions
Should you be buying gold as an investment today? I wouldn't because the price of gold has been extremely volatile lately and if you get in at the top, it's like getting in at the top of the real estate, stock and any other market, any gains may be lost. If you're going to go into the gold market, the rules are the same as any other investment, it's best to go in a little at a time. Invest the same amount of money every month and any ups and downs will be smoothed and you won't be concerned by the violent swings.
There are other reasons to buy gold besides making a killing in the market. Even conservative investors should have some gold in their portfolio no matter what the market is doing. Not necessarily as an investment, but as insurance. In worst case scenarios, gold will always be worth something, in the best case, gold will be worth more than cash that's in the banks and stocks.
What kind of gold do you buy?
Isn't gold, gold? There are gold coins, gold bullion, antique gold coins, gold stocks, gold mines, futures and commodities markets
, stocks and funds that invest in gold mining and equipment that's used to mine gold and precious metals.There are American gold coins and several countries produce gold coins of some sort and in several different denominations, sizes and quality.
