Discover the Alaska Mint Medallion - An Innovative Investment

  • The Alaska Mint Medal is a physical token that represents ownership of a share of precious metals.
  • It is possible to purchase AMMs directly on the Alaska Mint website or through select brokers.
  • The Alaska Mint Medal (AMM) is redeemable for physical gold, silver, and platinum bullion.

The Alaska Mint Medal is an innovative investment that allows investors access to an entirely new asset class. The Alaska Mint Medal is a physical token that represents ownership of a share of precious metals.
The Alaska Mint Medal (AMM) is redeemable for physical gold, silver, and platinum bullion.
Investors can purchase AMMs directly on the Alaska Mint website or through select brokers.



Free Gold IRA kit

alaska mint medallion

What Is the Alaska Mint Medallion?

The Alaska Mint Medallion is a 1.5-ounce silver medallion created by the state of Alaska. The medallion is minted in .999 silver and comes in five designs. Each medallion is stamped with a serial number and is sealed in a tamper-proof capsule.
Retail outlets sell the medallions, and the profits are used to fund education in Alaska.

Understanding the Alaska Mint Medallion

The Alaska Mint Medallion (AMM) is the physical version of the popular cryptocurrency, AMMCoin. The AMMCoin, or AMM, is a security token issued by MGT Capital Investments, Inc. (MGT), a publicly traded company. The AMMCoin is backed by the profitability of MGT's subsidiary, the Alaska Mint. For 50 years, the Alaska Mint has minted gold, silver, platinum, and palladium bullion products.
The AMMCoin was launched in 2016 and launched on the Ethereum blockchain. In 2019, MGT decided to decentralize and tokenize the AMMCoin, creating AMMCoin (AMM). MGT decided to tokenize the AMMCoin because cryptocurrencies were trending and because the company wanted to take advantage of the advantages that blockchain technology brings.
The AMMCoin is backed by the Alaska Mint's precious metals business. This is how the AMMCoin differentiates itself from other cryptocurrency projects. The AMMCoin is in demand because it can be traded on cryptocurrency exchanges, and it has a real-world value. The AMMCoin is traded on exchanges like Bittrex.com.

See also  The Cost of a Bookkeeping Launch



Free Gold IRA kit

How Does the Alaska Mint Medallion Work?

The Alaska Mint Medallion is a type of investment product offered by Alaska Gold and Silver Inc. (AGS), a company that produces precious metal medallions for investors. The medallions are minted as legal tender and backed by the Alaskan state government. Each medallion has a nominal value associated with it, which is kept constant. The medallions and the underlying metal value are traded on exchanges as commodities, and the medallions can be used to pay for goods and services anywhere in the U.S.
AGS claims that the government of Alaska has "world class" fiscal reserves and that it is "among the most fiscally responsible states in the country."

The Alaska Mint Medallion's Price History

The medallion began trading in 2013 at the $1,000 face value. The coin's price quickly rose to $1,250 in April 2013, then fell to a low of $730 in July 2013. In the following months, the coin recovered to $1,000, then surged to $1,600 in November 2013. In April 2015, the coin fell to $600, but has since recovered to $1,600



Gold IRA: Should You Open One To Save For Retirement?

The Bottom Line

This innovative investment is a tangible asset that comes with some unique benefits, namely its triple bottom line: social, environmental, and financial. While its triple bottom line makes it a socially responsible investment, it also offers investors a 7% return. The Alaska Mint Medallion is sold in $5 increments, with a minimum purchase of 30 coins.