Lear Capital’s Kevin DeMeritt Announces Release Date for New Coin Series, Which Will Complement the Company’s Other Offerings

Precious metals provider Lear Capital plans to release an exciting new series of commemorative coins in October that have been created to honor the Mount Rushmore monument, according to the company’s founder and Chairman Kevin DeMeritt. 

The four coins each showcase one of the U.S. presidents who were chosen to be included in the Mount Rushmore National Memorial in South Dakota, which sculptor Gutzon Borglum created between 1927 and 1941 to represent the birth, growth, development, and preservation of the United States. 

A 1.5-ounce silver and 0.25-ounce gold version of each coin design — individually featuring George Washington, Thomas Jefferson, Theodore Roosevelt, and Abraham Lincoln — will be offered. 

Only 300,000 silver coins and 30,000 gold coins will be issued. The George Washington coin will be released first, starting in mid-October. 

Coveted and Exclusive Coins 

In addition to Lear Capital’s new Mount Rushmore coin series, the company — which has been providing precious metal assets to collectors and investors since 1997— offers numerous other items on its website. 

More than a half-dozen varieties of American gold coins, one of the most sought-after types of gold bullions, are available — including American Gold Eagle coins, which are offered in four sizes: 1 ounce, 0.5 ounce, 0.25 ounce and 0.1 ounce. 

A number of gold coins from other countries are also currently available for purchase — such as the French 20 franc coin, a 0.1867-ounce pure gold coin that features the profile of Marianne, whose likeness embodies the French Republic. The image reportedly first came into use during the French Revolution, representing values such as liberty and equality. 

Lear Capital also currently has a number of gold coins from other countries available, including the Canadian Gold Maple Leaf coin — the first gold bullion coin that was minted with a purity of 99.99%.  

Canadian Gold Maple Leaf coins have garnered interest from collectors due to their intricate design. In addition to the coin’s namesake leaf, it’s adorned with a profile image of Queen Elizabeth II; the dollar amount and year the coin was minted are inscribed below, and additional security features have been incorporated in recent years.  

In 2013, a micro-engraved textured maple leaf began appearing on the reverse side of the coin, drawn using laser technology. The coin’s year of issuance is visible when magnified. In 2015, radial lines were placed on both sides of the coin in the background. 

Coin enthusiasts will also find exclusive items on Lear Capital’s website that, much like the Mount Rushmore series, are only available from the Los Angeles-based company. 

The Gold Snowy Owl coin, for instance, was produced by the Royal Canadian Mint. The 0.25-ounce item honors the elusive bird and is 99.9% gold — a purity level that makes it eligible for inclusion in a self-directed individual retirement account.  

Self-directed IRAs, such as the Lear Advantage IRA, allow investors to combine physical precious metal assets, including coins and bars, with other types of investments. 

After setting up a self-directed IRA, investors can directly add funds to it or roll some into the account from several other types of retirement accounts, such as a 401(k), and then use that money to purchase precious metal items that possess a certain composition. Gold, for example, must have a fineness of at least 0.995. 

Including physical precious metal assets in an IRA can help diversify a portfolio and potentially provide a buffer against losses incurred from other types of investments. 

“Gold has an inverse relationship to stocks and other types of assets,” Kevin DeMeritt says. “In times of war or terrorism, usually you’re going to find the markets become extremely volatile. Nobody knows what’s going on from day to day. The volatility of gold is not going to be the same; it can help give you diversification and stability.” 

Silver Assets May Also Hold Appeal 

Silver coins are another component that collectors sometimes incorporate into their asset holdings. With the demand for silver for use in solar power and other applications on the rise, the metal, Kevin DeMeritt, says, may offer some distinct benefits. 

“Silver has become a highly in-demand asset — yet the available supply hasn’t vastly increased,” DeMeritt says. “Numerous investors view silver as a hedge against inflation because it has tended to increase in price during periods of high inflation. Silver is also needed for industrial and clean energy processes. The silver market is an incredible opportunity for a long-term investor.” 

Lear Capital offers a number of silver coins for purchase on its website — including Canadian Silver Maple Leaf coins. With a 0.9999 purity level, the coins, which were first minted in 1988, are the highest purity silver coins to be struck by a government mint. 

Investors can also purchase silver bars through the company, including 100- and 10-ounce varieties; Lear Capital also offers several exclusive silver coins, which are only available to Lear Capital customers. 

Its Silver Spirit Bear coin, for example, is a 1.5-ounce item that features a striking image of a bear; because the coin has a 99.9% silver content, it can be included in a precious metals-backed IRA. 

If the demand for precious metals like silver and gold continues to increase in the coming months — and years — investors, according to Kevin DeMeritt, could potentially benefit from both precious metal supply constraints and mounting investor interest. 

“If they have these limited mintages and an increase in demand [occurs], you not only get the price of silver moving up, the premium can move up, because there’s just not enough of [the coins] out there,” the Lear Capital founder says. “You could get this double-play opportunity.”

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