International Gold 50 Dollar Coin
The International Gold 50 Dollar Coin is a legal tender gold coin issued by the International Monetary Fund (IMF). It was first minted in 1967 as part of the International Monetary System, which was established to stabilize the global monetary system after the Bretton Woods Agreement.
Design and Specifications
The International Gold 50 Dollar Coin is made of 99.5% pure gold and has a diameter of 28.25 millimeters. It features a simple and elegant design, with the obverse displaying the IMF’s logo, which consists of a globe inscribed with the organization’s initials. The reverse depicts the organization’s name and the denomination of the coin. The coin’s edge is reeded.
Weight and Fineness
The International Gold 50 Dollar Coin weighs 31.103 grams and has a fineness of 995‰ (99.5% pure gold).
Legal Tender Status
The International Gold 50 Dollar Coin is legal tender in member countries of the IMF. However, it is primarily used as a reserve asset by central banks and other financial institutions.
Production and Circulation
The International Gold 50 Dollar Coin is minted by the Royal Mint in the United Kingdom. The coin is produced in limited quantities and is not widely circulated. It is primarily held by central banks and other official institutions.
Value and Collectibility
The value of the International Gold 50 Dollar Coin fluctuates with the price of gold. In addition to its intrinsic value as a gold asset, the coin also has numismatic value due to its limited mintage and historical significance.
Conclusion
The International Gold 50 Dollar Coin is a unique and valuable gold coin with historical and numismatic significance. It serves as a reserve asset for central banks and is also prized by collectors and investors.
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