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Home >> Why Collect Barack Obama Commemorative Coins?

Author: Gold Why Webmaster
Date: January, 2009
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My Barack Obama Coin  
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The picture to the left portrays the obverse (front) of my 2009 Barack Obama commemorative coin. Let me start out this article with a note that I'm a Ron Paul supporter. You may wish to check out my article about Ron Paul and gold. Of course, however, I recognize a good opportunity when I see one and just had to pick up this handsome Barack Obama coin! I visited my local coin shop the other day and purchased this coin for $14.95. This coin is not silver, it's just a neat looking collectible coin with very low intrinsic bullion value.

Description of My Barack Obama Coin

The obverse of my coin has a color picture of president elect Barack Obama. The color picture is surrounded by a silver tone area that says "Barack Obama" and the slogan "Change has come to America." The reverse of my coin is silver tone and says the year (2009), Republic of Liberia, and has a suggested face value of five dollars. The coin came enclosed in a nice plastic capsule. My coin shop had a stack of about 15 of these coins and the salesperson mentioned their last shipment sold out very fast.

The Collectible value of My Barack Obama Coin

President Elect Barack Obama is a hot topic right now. He's in all the headlines. I have been seeing many TV ads for Brack Obama coin sets. We'll get to that shortly, but first want to underscore my reason for purchasing this coin because it's quite different from the rest of the articles on this site. If you have been following my articles for a while, you know I'm primarily a gold, silver, and copper bullion precious metals investor. I also dabble in gold mining company stocks. Overall, my strategy is a conservative one buying metals of intrinsic value. In my opinion, there is so much unlocked value in precious metals and you can win big taking a conservative approach. This coin is completely different. It has little intrinsic metal value, but is a hot collectible. In cases like these, the only value that exists is in its rarity, demand, and having a buyer interested in the specific collectible. In other words, I wouldn't bank on making a ton of money from this coin. However, anything is possible especially depending on how many exist. Buying gold bullion coins, such as Krugerrands, are a much better investment in my opinion, but it definitely does not hurt to buy a few more speculative collectible coins. Coin collecting is all about having fun and diversifying your portfolio so it totally makes sense to buy coins like this once in a while (but I definitely wouldn't buy out all available inventory of them at your coin shop).

Barack Obama Coins on TV

  Barack Obama Coin Reverse
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I have recently seen many Barack Obama coin sets for sale on TV. I have taken increased notice of them after buying my Barack Obama coin. I have not seen my coin on TV yet and personally like mine more than the ones I have seen on TV. My main concern with the TV sets is they are mass produced and have no intrinsic value and diminished collectible value since they are mass produced and readily available. My hope is that my coin is more of a niche and rare find, giving it some more value. However, some of the sets on TV look really neat and you should consider them if you like what you see.

Similar Collectible Coins

As mentioned, I come from a gold, silver, and copper bullion background. This Barack Obama coin is my first attempt at a coin with collectible value but no real intrinsic value. While I will mainly stick to my roots, collectible commemoratives like this one are a fun and exciting niche within coin collecting. I'm always excited to learn about new ways to collect coins and have seen other similar products at my coin shop over the years that I may start considering more seriously. Two examples that stand out are a Governor Arnold Schwarzenegger bill and also a Ron Paul coin. While the Ron Paul coins contain some intrinsic value because of their copper content, they are trading well above the copper value because of their rarity - similar to the case I am hoping for with my Obama coin. Overall, this is another fun way to enjoy the hobby and expand your horizons.

Buy Barack Obama Coins on eBay

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