Open a new file, 400 pixels wide by 150 high, 16 million colors,with a white background. Select as your foreground color RGB 252,180,46.Add some text. For this effect I think a nice flowing font looks best.The font used here is called Calligrapher, and the size is 80 point.
Now go to Image, Special Effects:Cutout. Set the shadow color toblack, the opacity to 255, the blur to 36, and the vertical and horizontaloffsets both to -6.
Next, we apply a the Hotwax coating twice. this adds depth to thelettering, but also makes the image very dark
To make the text come out with a metallic look, we have to lightenit up a bit. Go to the Color menu and choose Adjust: Saturation and Luminescence.Set the Luminescence to 100%. Repeat this process three times, for a totalof 300%
Now we tweak the color just a bit to get that gold look. We usethe Colorize filter from Greg's Factory Output, Vol II. Slide the bluecontrol down to 53. Set the background color to white, and save as a transparentGIF.