Former United States President Donald Trump was sworn in as the president of the United States in 2017. He then spent the next four years in the White House, running his administration widely described as isolationist, populist, nationalist, and protectionist. If his policy positions reflect your political beliefs, the best way to show your support of the former United States president is to own a collectible Trump coin.
These things are readily available in silver and gold. The Freedom Coin is a one-of-a-kind collector’s item and piece of memorabilia commemorating Donald Trump’s presidency. Conservatives, collectors, and Donald Trump supporters planning to invest in these things have tons of reasons to buy these genuine silver or gold coinages. Listed below are the three biggest reasons why these coins made of precious metals are must-haves for Donald Trump supporters, non-supporters, collectors, and regular investors alike.
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What are the 2020 Donald Trump commemorative coins (CCs)?
Technically speaking, this thing is an unofficial CC that is celebrating the former United States president’s candidacy for re-election. It was originally issued by a precious metals Investment Retirement Account provider, Noble Gold Investments.
The 2020 edition is a limited design made of silver or gold. These coinages are stuck in one of pure gold or silver. For interested parties who want to buy a branded coinage, remember that it is a collector’s item and therefore is ineligible for inclusion in both self-directed single 401K and Individual Retirement Account.
Is it a legal tender?
Interested investors should take note that these coinages are strictly commemorative coins and collector’s items. It is not a legal United States tender. Since it is not sanctioned or issued by the United States Treasury or Mint, it doesn’t hold any face value like regularly minted coinages.
Nonetheless, the Noble Gold edition of the 2020 Donald Trump coinages does hold value. Like all CCs, it is commonly sold and bought in the collector’s market. But people can’t use it to purchase services or goods the same way people would with physical money. It is considered a financial investment and not legal tender.
Reason number one: It is considered a limited edition asset
Unlike other collector’s items like the American Gold Buffalo or the Austrian Philharmonic coin, the Donald Trump CCs are limited editions and will not be reminted or reissued. Because of this, it is a scarce and rare asset and will become a lot harder to find in the near future. It is no surprise why a lot of investors are checking out Trump coins as a long-term diversifier for their investment portfolios.
Click https://www.nerdwallet.com/article/investing/diversification to know more about how to diversify investment portfolios.
There is no coinage quite like this one. On the front is a portrait of the former United States president with his name inscribed on the bottom and the phrase “45th President of the United States” at the coin’s top corner. The obverse side features text in the crest held by an American eagle acknowledging Trump’s:
- Lowest jobless claims in 50 years
- Low unemployment rate
- A high rating in the Dow Jones Index
- Tax reform achievements
At the bottom reads “One Troy Ounce – .999 Fine Silver,” with the phrase “Delivering as Promised” written at the top. It is a common catchphrase in the president’s administration. Currently, there is no similar coin on the market with features or makers that match this coinage.
Reason number two: It is a safe way to diversify a portfolio
These types of coinages are not correlated to the bond and stock market. If stock markets experience contractions, there is a good chance that it will not affect the wealth held in the collector’s coins. Rare coins with precious metals are assets that have a place in people’s strategies to diversify their portfolios.
The silver and gold Trump coins are 99.9% pure coins that measure thirty-eight millimeters in diameter as well as weighing one Troy ounce. It is a good addition to a person’s investment portfolio to minimize risk and safeguard against volatility in conventional financial markets.
Reason number three: It celebrates the economic growth and expansion of the country
If the person supports a diversified and strong domestic United States economy, the 2020 Donald Trump coin is the perfect item they can have in their possession. During Donald Trump’s time in office, his economic action plan included historic achievements like:
- Bought back at least one million construction and manufacturing jobs
- Public optimism in startup to small businesses reached a thirty-five-year high, Standard and Poor’s 500 and Dow Jones Industrial Average reached record-highs
- At least one billion dollars were invested in the United States Department of Agriculture’s Reconnect debenture program
- Championed at least three trillion dollars in tax relief through the Jobs and Tax Cuts Act
Even if the individual is not a supporter of the former president’s policy positions, his administration’s re-election coinage is a good gift idea for a loved one or friend who is a supporter. Better yet, it can also be a funny joke gift for people they might know who is not a big fan of the former president’s economic agenda.
How much do these things worth?
The silver- and gold-plated editions start at $40 a pop at full retail price. But they usually go on sale for a good discount. Collectors should check in periodically to see if it is being sold as part of seasonal promotions. People who are planning to invest in this coin usually ask the experts where they can purchase it. The answer is to ask experts or brokers for help. From there, they will be sent to the official vendors’ sites for authentic coinages.
Enthusiasts and avid fans of former president Donald Trump can show their support by buying these coinages
Whether the person is a supporter of Trump’s presidency or not, they can’t deny the man’s influence on the fabric of this country during his years in the White House. His years in the office were marked by dramatic changes and turbulence, for better or worse. When people invest in these coins, they preserve the memory of Donald Trump’s historic presidency.
No matter how near the person is to retirement portfolio diversification using a collector’s coinages is always an excellent idea. People are never too young or old to manage risks, and limited-edition coins made of precious metals are an excellent way to limit their exposure to volatility in equity markets.