This is the final Queen’s Beasts coin in the Queen’s Beast collection since 2016 produced by Royal Mint. The Coin features ten beasts on the reverse which reuniting all ten beasts in one design.
Here is the story of Queen’s Beasts:
The Queen’s Beasts are the ten heraldic statues representing the bloodline of Queen Elizabether II and the British monarchy. On 2 June 1953, the whole world witnessed a specacular of a very important occasion. The Queen arrived at Westminster Abbey for the Queen’s coronation. These ten Queen’s Beast stood in front of the temporary western annexe as formidable royal guardians.
The American Eagle Gold Coin is an officeal gold bullion coins of United States starting from 1986. It was produced by United States Mint. The composition of the gold coins included 91.67% gold, 3% silver and 5.33% Copper. Therefore, the fineness of this gold coin is just 22K.
The obverse of the gold coin depicts the figure of Lady Liberty. And the reverse design features a male eagle carrying an olive branch flying above a female eagle and her baby.
Let me tell you something special about American Eagle Gold Coins.
For the Eagle minted in 1986-1991, they are dated with Roman Numerals. And starting from 1992, US mint changed to use Arabic numerals for dating Gold American Eagle Coins.
Here is the gold coin in 1990 with dated with Roman Numerals “MCMXC”.
And starting mid 2021, the reserve design of American Eagle Gold Coin changes again! It features a side profile of a Bald ealge.
The new design is stunning!
As the the new design is launching in mid of 2021, the collectors around the world will definitely collect the old designs of American Eagle Gold Coins especially the old design dated year 2021 and the those dated with Roman Numerals.
I have received a very interesting coin recenetly. It is a coin in a horseshoe shape.
Some people may see western people hang horseshoes over their doors of the buildings. Someone like me would like to ask the reason behind this little thing. Why horseshoes?
Let me share you a story about hanging horseshoes over the doors.
This story is about a hermit – St. Dunstan.
St. Dunstan was a very quite and humble hermit as well as skilled metalworker. He lived in a hut where near the church of St Mary.
One night, there was a Devil came to his hut as a woman. However, St. Dunstan vigilantly noticed that he was a Devil instead of a woman. He saw his cloven hooves beneath the dress he wore. Dunstan noticed that the Devil was limping on one of his cloven hooves. He pretended to offer a shoe to help the Devil. He then nailed a red hot horseshoe onto the Devil hoof.
The Devil screamed and begged St. Dunstan to take it off. Of course St. Dunstan was not going to do it easily.
He said, “You have to make a promise that you will always respect the symbol of the horseshoe and never enter a building that is protected by the sign of a horseshoe.”
Nowsdays, people are still telling about this story to Children in England. And hanging horseshoes over their doors have become one of their tradional. Also, people have different preference about hanging heel up or Down.
Some says that if you hang the horseshoe like a shape of a cup, it means horseshoe fills with good luck, holding it for everyone who lives in that house.
Some says that if you hang the horseshoe downward, it means good luck flows out from the horseshoe and onto all the visitors and family who come into that house.
Up or down? Which one do you prefer? Let me know your thought.
The change of design for American Eagle gold coin triggers me to study the history or development of the American gold coins. And there is a fascinated story about the Amercian gold coins development in 1933 – The most famous gold coin – The 1933 Double Eagle Gold Coin.
I believe that most people will remember that in 1930s, US was in the bank crisis. In 1933, in order to end the 1930s general bank crisis, US president Franklin D. Roosevelt issued an important executive order – Executive Order 6102.
This Executive order 6102 was about:
All persons are required to deliver all gold coins and all gold bullion products which owned by them to Federal Reserve Bank.
The 1933 Double Eagle: America’s last gold coin struck for circulation and the last gold coin that can be legally owned by an individual.
However, a number of 1933 Double Eagle Gold Coins were stolen or rescured before melting and those stolen coins found their way into the hands of collectors before later being recovered. Some of the 1933 Double Eagle Gold Coins were acquired by King Farouk of Egypt who was a professional collector of many things.
In 2002, one of the 1933 Double eagle was sold to an anonymous bidder at a Stacks Bowers action in New York for USD 6.6 million.
In 2021, the coins was sold for more than USD 18 million.
If one day, you discover this 1933 Double Eagle Gold Coin, remember its story behind this gold coin.
The famous author of RICH DAD POOR DAD as well as a famous investor indicated the importance of buying silver bullion. In his opinion, silver is the most undervalued, lowest risk, and best investment of all assets classes. He said that he would invest in silver U.S. Eagles today, not tomorrow. However, he would stop accumulating silver when silver spot get over USD 40 per troy ounce.
Robert Kiyosaki believe that globel pensions collapase will be one of the biggest threats that we will see the next 10 years. He does not think the governments and central banks will know a clear perspective to respond to this massive multi-trillion-USD global crisis.
He suggested that “If you have no gold or Silver, start accumulating today, and do not worry about price.” “I believe that when the panic hits, gold and silver will disappear from markets as prices climb.” He also pointed out.
Physical bullion products like gold and silver are very traditional investment tools and people use it for long long time. Let wait and see whether the wisdom and experience of older people will win the monetary games.
The Federal Reserve left interest rate and monetery policy unchanged. This indicates that the US is incomplete economic recovery until now.
Some economic experts believe that Federal Reserve will be wrong on inflation being temporary. From my point of view, it is quite difficult to predict inflation at this moment. Fears about the highly contagious Delta variant of Covid-19 leading to another round of economic slowdown. However, rising infection cases will cause more supply chain interruptions leading to more inflation.
Meanwhile, some leading companies expressed that they are passing rising costs along to consumers which point out that some inflation will stick around.
As there are industry raw material inflation and higher transportation costs, implementing additional prices increases become necessary.
Another concern is that it is stagflation instead of transitory inflation. That toxic combination of slowing growth and rising prices is a real risk and a dangerous signal of stagflation.
Theoretically, stagflation will trigger bullish markets for commodity and bullions. If there is rising inflation, investors will look at hard assets including bullion markets, like Gold, Silver, Platinum.
Do you believe that bullions prices are starting to rise again?
When stock markets plunged around the world, buying bullions will be one of the ways to preserve your wealth.
Do you know that the bullions like gold and silver have a significately increase in the past two year? Bullions investments have not been in the spotlight before the pandemic, However, they are rising enormously during the pandemic till now.
Bullions will surely become one of safe heavens during the volatility of the stock markets. Furthermore, some analysts believe that once pandemic is over, ecomony activities will rebounce in the speed that we cannot imagine. They believe there will be a strong demand on Silver, Platinum and Palladium.
No matter you believe or not, buying bullions is a good way to diversify our investment portfolios. Remember the rule that do not put all your eggs in one basket.
Do you share the same idea with me? Let me know your thought.