What is the Barack Obama Golden Coin?

Answer 1

Barack Obama has a golden coin made for him to congragelate him for making history by being U.S.As' first African American President. The Coin is made from real gold. The coin was not made from tax payers money. ______________________________________________________________________ Currently, there are two solid gold Obama coins and one "polished gold effect" Obama coin. ''The solid gold coin is available in either 1 oz. (32mm in diameter, cost $1,425.00) or 3 oz. (50mm in diameter, cost $4,425.00). A limited number of the solid gold coins will be produced. The "polished gold effect" coin is an unlimited run, and costs $39.00 without a box. With the box, the cost is $57.00. There is also a sterling silver Obama coin, which measures 60mm in diameter and costs $470.00. None of these coins appear to be legal tender. The coins were made by Winston Elizabeth & Windsor, a UK firm, and can be seen on their USA website at http://obamagoldcoins.com/ or the UK website at http://www.wewlondon.com/bocoins.html - I was confused with the website's information, as in some places it states the solid gold coins are 22 carat and in other places it states 24 carat. The website states only 2009 of the 1 oz gold coins and only 100 of the 3 oz gold coins will be minted. Only a limited edition of 500 sterling silver Obama coins will be produced. The obamagoldcoins.com website includes the phrase "Makers of the Original Obama Presidential coin minted months before November 4th 2008". This statement suggests that none of the coins currently for sale on that site are "the Original Obama Presidential coin".

The About.com website (http://coins.about.com/od/coinbuyingadvice/a/obama_coins.htm) has an article warning about colorized coins. In that article, it is suggested that the original silver Obama coins (300 limited edition) made by Winston Elizabeth & Windsor are the only "official" Obama coins, and the only ones with any investment value. It appears that 300 limited edition silver coin is "the Original Obama Presidential coin". Some blogs, like the Coin Blog at http://coinblog.org/gold-silver-obama-coins-on-sale-wew-responds-to-controversy/ suggest a conroversy concerning that coin.