Trump 2020 Freedom coins are a new collector's item that is now offered in both silver and gold. The coin was issued by Noble Gold Investments to celebrate the U.S. President's accomplishments during his first term in office. It is being offered as a collector's piece and for only a limited time.
The Trump 2020 Freedom coins were issued to celebrate the last year of the first term of the American President. Against huge odds, Donald Trump won the Republic nomination and overcame establishment politics, a biased media, and his arch-rival Hillary Clinton and the Democrats to take his place as 45th President of the United States. Coin dealer and IRA precious metals company Noble Gold brings this coin to supporters of the President to celebrate his tax reform and other economic achievements, including lowest unemployment in decades and highest stock market on record.
Trump 2020 coins are struck in one ounce of silver. The coin is being sold as a collector's item in limited production quantities to add to its value. It is billed as a fantastic gift for supporters of President Trump. Prospective buyers should be aware that it does not have any face value denomination (as it is not produced by the U.S. Mint).
In short— it is not a scam. The company marketing and selling the Trump 2020 Freedom Coins is the respected bullion and coin dealer Noble Gold. The firm is a full-service company that is based in Pasadena, California and specializes in precious metals dealing and gold IRA's. Noble Gold's founders are industry veterans CEO Charles Thorngren and President Collin Plume. Both men are still actively involved in the day to day operations of the company as primary principals.
Thorngren and Plume founded Noble Gold because they were concerned with the ills they saw plaguing the gold dealer industry. In their interactions with customers at other companies, they had heard numerous complaints about the lack of transparency among precious metals dealing firms.
It became obvious to the pair that most of these companies were more interested in making money than in helping their customers to gain value with their investments in precious metals. Because of these problems with the industry, Thorngren and Plume established a gold dealer company with a mission to return to the roots of educating prospective clients in the best ways to protect their investment and retirement portfolios. This remains their mission today.
Noble Gold CEO Charles Thorngren brings over two decades in financial and precious metals investments experience to the table. Customer satisfaction has been his primary concern from the beginning. He started out in stocks and bonds in 1995 and moved on to include investment banking. It was only a few years before he offered clients a range of alternative assets including real estate and the precious metals. After five years, Charles concentrated his endeavors on the asset class of gold and precious metals. This range of experiences gave him a solid background in advising customers on wealth building, investing, and retirement planning.
President Collin Plum focuses his efforts on helping clients to effectively manage their assets and develop a sound plan for increasing longer-term wealth. He has a varied background in property insurance, commercial real estate, and precious metals investing. His experience in finance and economics helps him to offer well-rounded advice to customers.
The Trump Coin 2020 coin is struck in high relief on both front and back. We look at the specifics of its design and other physical characteristics next.
Coin aficionados utilize the word “obverse” to refer to the front of a coin. Trump 2020 Freedom Coins feature a bust of the President in the center with the words 45th President of the United States encircling the top 2/3 of the coin and his name Donald J. Trump on the bottom. The silver coin is pictured below:
These same coin enthusiasts use the world “reverse” to reference the back of a coin. The Trump 2020 coin's reverse features an eagle holding a shield with the list of economic achievements of President Trump's first term. These are detailed as follows:
The top half of the back of the coin states “Delivering as Promised.” The bottom left declares the coin's silver content of “One Try Ounce” while the bottom right states the coin's silver purity of “.999 Fine Silver.”
Trump 2020 Coin specifications for the one ounce silver size are as follows:
There is also a new one ounce gold version of the Trump 2020 Freedom Coin pictured to the right. The obverse and reverse designs on the gold coin are the same as on the silver one. Its specifications are as listed below:
Trump 2020 Coins are collector's coins. This explains why the coins trade for substantially higher prices than the daily spot price of silver and spot price of gold on the markets. The silver coins are available for $39.95 while the gold coin version is $2,100.
The market value of these coins is of key importance to a silver or gold coin investor. It is crucial for determining the coins' true values in investment or retirement portfolios. The price of the silver bullion will rise and fall throughout the trading week. As these are collectible coins, their total value will not change much with silver prices (and gold prices) rising and falling. You can simply and quickly check the spot prices of both silver and gold by clicking this link to our home page.
In order to open a Precious Metals IRA account, you will have to start with a purchase of at least $5,000 in silver, gold, or other precious metals. Once you have done this, you can add additional precious metals in increments of at least $1,000.
For coins to be included in an IRA account, they have to pass two different tests with the Internal Revenue Service. The IRS' standards center on a minimum level of silver (and gold) purity and a low collector element and premium. They require a silver purity of .999 fineness and a gold purity of 24 karats (.995 fineness). The Trump 2020 Coins do meet these purity standards. Yet they do not pass the IRS' collector factor test as they are sold with high premiums over spot silver and gold prices.
Because the Trump 2020 Freedom coins are considered to be too collectible by the IRS, they can not be inventoried in precious metals IRA accounts. Despite the fact that the government will not allow them to be held in IRA's, you may buy them for other types of investment and retirement accounts.
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The Trump Freedom coin is an interesting way to invest in precious metals while celebrating the achievements of President Donald Trump. It should not be confused with a bullion coin though. As a collectible coin, it has considerable markup over the spot prices of silver and gold. This means that it can not be included in precious metals IRAs.