January 18, 2010
Even though the gold market has reached an all time high, some people may not be able to part with their old gold. This could be due to the deep emotional significance that the item may represent. When an item has a sentimental value, no price can be placed upon that. Think about it, would you be able to sell your gold wedding ring? Chances are probably not as that ring means more to you then any amount of money, right?
Last week we talked about a woman who got her gold wedding band back after she had accidentally given it to a homeless man with some coins she was handing him. We said that while we know that now is a good time to sell gold to a gold buyer, in this case that was one gold item that one would not want to part with because the value of gold changes when the item has great emotional significance.
Martin Luther King, Jr. was posthumously awarded the Congressional Gold Medal in 2004, along with his wife Coretta Scott King. Coretta Scott King, who died on 2006 we alive to accept this great honor and see the homage paid to her late husband. The Kings are not the only couple to be honored with a Congressional Gold Medal-Ronald and Nancy Regan were honored with a Congressional Gold Medal in 2002.
The Congressional Gold Medal ranks with the Presidential Medal of Freedom as the highest honor a person can receive from the United States and one does not have to be a U.S. citizen to receive The Congressional Gold Medal is an honor given to a person or persons who acted admirable in the interests of country.
Rather than being a standardized award, the Congressional Gold Medal differs for each recipient or set of recipients. So this means that no two Congressional Gold Medals are alike. Instead, these medals usually bear the likeness(es) of the recipients(s). The medal itself is not made to be worn around ones neck or to adorn clothing; instead it is made to be displayed the way one would display a trophy. However, replicas, often made of bronze, are made and there are fewer restrictions concerning how these bronze versions of the Congressional Gold Medal are displayed.