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The Magellanic Premium, also known as the Magellanic Gold Medal and Magellanic Prize is awarded for major contributions in the field of navigation (whether by sea, air, or in space), astronomy, or natural philosophy. The Premium was established in 1786 through a grant by Jean-Hyacinthe Magellan (Portuguese: João Jacinto de Magalhães).
Donald Regan, Secretary of the Treasury and chairman of the commission, later told reporters that a gold coin could be easier to sell than medallions, because the suggested coins "could be redeemable in dollars". [18] The Mint issued gold coins for the 1984 Summer Olympics in Los Angeles and for the centennial of the Statue of Liberty in 1986 ...
Under United States law, coins that do not meet the legal tender requirement cannot be marketed as "coins". Instead, they must be advertised as rounds. [3] Bullion coins are typically available in various weights, usually multiples or fractions of 1 troy ounce, but some bullion coins are produced in very limited quantities in kilograms or heavier.
On History Channel's hit show "Pawn Stars," a man came in to sell a 1907 Saint-Gaudens double eagle $20 gold coin. The coins are extremely rare, and some of them have sold for more than $1 million ...
Coin forum bloggers deemed the sales to be dismal, and that they foretold a poor future for numismatics in the United States. [26] A total of 296,311 Apollo 11 coins were sold in the first 24 hours, with the five-ounce silver dollar the leader both in number sold (51,271) and percentage of the mintage authorization sold (51.3 percent).
Gold coins for sale at the Dubai Gold Souk. A gold coin is a coin that is made mostly or entirely of gold.Most gold coins minted since 1800 are 90–92% gold (22‑karat), while most of today's gold bullion coins are pure gold, such as the Britannia, Canadian Maple Leaf, and American Buffalo.
The Gold Medal expresses the highest national appreciation for distinguished achievements and contributions by individuals or institutions. [2] The congressional practice of issuing gold medals to occasionally honor recipients began with members of the military during the American Revolution. The practice soon extended to individuals in all ...
As well as circulating coins, where they are generally restricted to high-denomination coins, bi-metallic coins are often used in commemorative issues, often made of precious metals. For example, the only bi-metallic coin issued by the United States is the $10 Library of Congress commemorative, made of a gold ring around a platinum center.
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