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Commemorative Coins: Add Precious Metals to Your B

July 14th, 2011 Coins

A great addition to any commemorative coin collection is the American Eagle Bullion series. Launched in 1986, this commemorative coin series includes silver, platinum, and gold coins. For new collectors, a bullion coin is valued by its weight in a specific precious metal. These coins offer several denominations: for the gold and platinum coins: one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce. The Silver Bullion Coin is available only in the one ounce size.

Each coin depicts a different version of Our Lady Liberty. The commemorative silver coins, the only silver coins allowed in an Individual Retirement Account, features a Liberty design based on Adolph A. Weinman's 1916 "Walking Liberty" half dollar, considered by many to be one of the most beautiful American coins ever minted.

The Gold Bullion 22 karat coin highlights Augustus Saint-Gaudens' famous $20 gold piece, minted in 1907 until 1933. The gold coins contain some alloy, which creates coins that are harder and better able to resist scratching and marring, which, as a coin collector, you know can reduce resale value.

And finally, the Platinum Bullion coin, which has the highest face value, at $100, ever to appear on a U.S. coin, “is the only platinum bullion coin whose weight, content and .9995 purity are guaranteed by the United States Government.” (U.S. Mint website)