Sometimes we spend on things we are passionate about with no regard for their enduring value: things like chocolates, or roses.
At other times we spend because we must because it’s prudent and responsible: necessaries like life insurance or vitamins. But sometimes we can buy something that satisfies both our passion and our desire to be sensible.
In a recent news release, U.S. Money Reserve — a respected distributor of U.S. Government issues of gold, silver, and platinum — announced a U.S. Exclusive Perth Mint 65TH Anniversary Coronation Set celebrating the 1953 coronation of Queen Elizabeth II.
That the recent marriage of Meghan Markle and Prince Harry has captured the attention of the world, is a measure of just how invested we Americans are in the history of our closest ally.
The set, consisting of a 2-oz. gold proof coin, a 1/4-oz. gold proof coin, and a 1-oz. silver-proof is a fun way to do something prudent. Read more: US Money Reserve | Crunchbase and US Money Reserve Reports How to Protect Wealth From Increasing Global Risks in Exclusive eBook | PRNewswire
This coin set is something your friends will enjoy and enthuse over, but it may also act as a hedge against the erosion our currency — not an inconsequential concern as we leave recessionary times and face the increasing likelihood of value-eroding inflation during the current economic expansion.
So many noteworthy (and beneficial) things happened in 1953, the year Queen Elizabeth II was crowned:
- Joseph Stalin died, only to be replaced by Nikita Kruschev — the latter most remembered here for misjudging the spine of JFK, but most remembered in Russia for the ‘Secret Speech,’ the first time anyone officially denounced Stalin.
- Dwight D. Eisenhower — perhaps the least controversial and most widely-admired president of recent decades — assumed the presidency of the U.S.
- Armed conflict on the Korean Peninsula came to an end.
- Dean Martin released the delightful hit song, Memories are Made of This
James BondCasino Royale
- And Ian Fleming published the first of a series of novels about some fellow named, James Bond, a book by the name of Casino Royale.
So consider buying something today that will provide lasting joy of ownership, and maybe even a bit of a nest egg as well. Not into English history? Perhaps a coin honoring the sacrifices made at Pearl Harbor is what you seek.
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