Commemorative Coin

Commemorative Coin how much is a 1989 W Congress Bicentennial Commemorative Gold Five Dollar coin worth? I collect coins so when my papa passed away inherited his whole coin collection and i found thi...


Commemorative Coin

Commemorative Coin
how much is a 1989 W Congress Bicentennial Commemorative Gold Five Dollar coin worth?

I collect coins so when my papa passed away inherited his whole coin collection and i found this coin. so i looked it up, but the book was for the year 2005,and i know its worth more now. THE COIN IS ALSO PROOF, IT'S NEVER BEEN TAKEN OUT OF THE CASE THAT IT CAME WITH WHEN HE BOUGHT IT!

The value depends more on the price of gold at the time you sell it. The coin has a little less than a 1/4 oz. of pure gold. Most of the modern gold commemoratives sell for there gold value except for a few that have real low mintage's. such as Smithsonian $5 mintage 9,068. Your coin had a mintage of 164,690 for the uncirculated version and 46,899 for the proof version. With gold going up and down daily your best bet is to call a couple of dealers and see what the offer is at that time. It would be best to keep it for gold is going up but keep an eye on the spot price.



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"U.S. COMMEMORATIVE COINS AS VIEWED BY THE EXPERTS"




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Make Someone’s Day with a Special Commemorative Coin

Coin collecting has been a popular pastime for many people throughout the centuries. Indeed, according to sources, individuals have been saving them since the very first one was minted in Lydia (now Turkey) in 600 BC. Most coins of collector interest include those that are in circulation for a limited time or ones that contain mint errors, such as a missing date.

While most coins reflect the political or economic situation of the country they are minted in and are used as currency, there are also a number of commemorative coins brought out each year. Such coins usually have a unique design and make reference to the event they were issued, for example the coronation of a new monarch.

Having once been dubbed the Hobby of Kings, due to the fact only the wealthy could afford to obtain them, coin collecting has increased in popularity over the years and is now available to anyone with an interest. It is believed however, that the first emperor of the Roman Empire back in 27 BC, Gaius Julius Caesar Augustus, was a fan of coins and often presented them to friends and courtiers on special occasions.

Coin collecting in the modern sense is said to have originated in the 14th Century – prominent collectors included Pope Boniface VIII and Louis XIV of France - and grew in popularity throughout the following decades. Nevertheless, it wasn’t until the 19th and 20th Centuries that such things as coin shows and trade associations were established.

Although collecting coins is a great hobby, they are also the perfect present for commemorating a special occasion. In fact, an elegant gift, collector coins are timeless and guaranteed to last a lifetime. And, whatever the event, whether it be a birthday, wedding or christening, it is possible to find a coin to fit the bill.

There are several options available to you, when thinking about the right coin for the occasion. For instance, if the recipient is a child, it can be a nice idea to present them with an established coin collection. Not only can this spark off an interest in coin collecting for the child in question, but with a carefully chosen set, it also has the potential to increase in value over time.

On the other hand, a single coin can also make an excellent gift, and one which has the potential to be added to over time. According to the experts, when searching for the right coin, it is a good idea to locate one that ties in with the person’s birth date. A quick search of the internet will provide you with more than enough ideas and information about coins, meaning you can easily find one to suit your needs!

About the Author

Adam Singleton writes for a digital marketing agency. This article has been commissioned by a client of said agency. This article is not designed to promote, but should be considered professional content.

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