Monday, September 12, 2016
Gold bullion coin collectors can now snap up a highly anticipated coin from the US Mint.
The 2016-W Standing Liberty Centennial quarter ounce gold coin has been produced 100 years after the first Standing Liberty quarter.
It is the second of three limited edition collectible coins being produced this year to mark the 1916 renaissance in US coin production.
The first, released in April, was the Gold Mercury dime. Just 125,000 of the coins were made and were limited to sales of 10 coins per household. It sold out in less than an hour.
There are fewer Standing Liberty quarters being produced, with a run of just 100,000 making them even more collectible. Buyers are limited to one per household and around half of the run was sold on the first day the coin was available.
The original 1916 Standing Liberty quarter was made from 90 per cent silver and 10 per cent copper but the new edition is .9999 fine 24 carat gold. It weighs in at a quarter of a troy ounce, symbolising the type of coin it is.
The final coin in the commemorative trio, the 2016-W Walking Liberty Half-Dollar Gold Coin will go on sale before the end of the year.
Collecting coins that are only produced in limited edition numbers is a great way to add extra value to your gold investment. The comparative rarity of the coins adds to the worth of the gold they contain and makes them much more desirable for collectors, especially over the longer term.
If you are buying rare or collectible gold bullion coins, always make sure you’re doing so from a reputable dealer so you know you are buying the genuine article. The Gold Bullion Co has been established for more than 20 years and the prices you pay for coins reflects the up to the minute gold price.