First Spouse Gold Coin Series - Louisa Adams

On May 29 at Noon Eastern Time, the U. S. Mint will release the sixth gold one half ounce coin in the First Spouse Gold Coin Series which will commemorate Louisa Adams, wife of our sixth president, John Quincy Adams. She owns the distinction of being the only first lady to have been born outside the United States, her place of birth being London.

The Louisa Adams gold coin will be issued in Proof as well as Uncirculated condition. There is a limit of 40,000 coins to be issued and the number of Proof and Uncirculated will be determined by the flow of orders. The issue prices are $619.95 for the Proof coin and $599.95 for the uncirculated version. During the first week, there will be a one coin per household limit. This will be reevaluated at the end of the week.

The First Spouse Gold Coins have a $10 face value and are minted in 24 karat gold.

Technorati Tags: Gold Coins $20 Gold CoinsGold Bullion CoinsGold Investing First Spouse Gold Coin SeriesLouisa adamsU.S. Mint>First Spouse

New Double Eagle to Debut in 2009

On Friday, the U.S. Mint announced that it has received authorization from Secretary of the Treasury Henry Paulson to issue a one-ounce ultra-high relief 24-karat gold coin in 2009 based on the 1907 Double Eagle designed by Augustus St. Gaudens. Mintage of the new St. Gaudens style Double Eagle will be unlimited for one year.

There are only provisions for a 2009 dated coin, though sales may continue in 2010 should the coin still be in stock. The coin will be 27 millimeters thick, more than 50% thicker than other U.S. 24 karat gold coins, to allow for the ultra-high relief strike.

Thought the design will be based on the St. Gaudens design of 1907, there will be some differences to the original. On the obverse, there will be 50 stars, instead of the 46 in 1907. The coin will also contain the Roman numerals "MMIX" (2009) and the reverse will have "In God We Trust" since it is required by current law.

Technorati Tags: Gold Coins $20 Gold CoinsGold Bullion CoinsGold Investing St GaudensDouble EagleU.S. Mint