From the category archives:
Uncirculated Margaret Taylor First Spouse Gold Coins gained 278, which was about 65 percent of the week’s total for the group. The second best seller was Abigail Fillmore’s proof. 67 were purchased. Letitia Tyler’s proof picked up one and was the least popular in this report.
Spouse coin prices should drop by $25 on Thursday, the 27th, because the London Fix for gold plunged last week and prices did not pick up enough this week. [click to continue…]
{ 0 comments }
The US Mint is going to increase prices of First Spouse Gold Coins by $25. The Mint’s pricing policy is based on the London Fix weekly average price of gold, which has been higher recently than the last several weeks. This week, London gold is averaging $1,176.75 an ounce, which is above the $1,150 an ounce threshold on the Mint’s price grid, thus triggering a price raise.
If the Mint keeps the time schedule it has used in the past when a price change is necessary, the Mint will adjust First Spouse coin prices before noon ET on Wednesday. A Proof First Spouse coin is now $729 and the Uncirculated is $716. Those prices will change to $754 and $741.
The rise on the London Fix can be seen in the table below with the daily AM and PM prices during the week. Monday, May 3rd was a London holiday. [click to continue…]
{ 0 comments }
First Spouse gold coin prices are likely to rise Wednesday, since market gold prices have steadily been rising. The US Mint’s pricing policy bases its gold collector coin prices on the London Fix average weekly price of gold, and the Fix price has teetered above the $1,150 per ounce threshold (See coin price grid).
If Wednesday morning’s Fix price is above $1,127.25 an ounce, then the US Mint will raise its gold coin prices by $25. A Proof First Spouse coin is now $729 and the Uncirculated is $716. The new prices would be $754 and $741 respectively.
The reason it only has to be at least $1,127.25 is because Monday morning’s price was so high, at $1,163.50. The daily AM and PM prices during the week were
| Day | AM | PM |
| Tuesday, the 13th | $1,149.25 | $1,148.25 |
| Monday, the 12th | $1,163.50 | $1,158.75 |
| Friday, the 9th | $1,156.00 | $1,152.50 |
| Thursday, the 8th | $1,146.50 | $1,148.00 |
In the past, when the US Mint had to adjust the price, they did it right before 12 PM ET. They also briefly froze ordering of the First Spouse coins right before the change was made on Wednesday.
The US Mint’s web address to purchase these coins is http://catalog.usmint.gov/.
{ 0 comments }
The First Spouse Gold Coin Price Guide has been updated to include the proof and uncirculated coins honoring First Lady Julia Tyler, which the United States Mint launched Thursday, August 6, 2009.
The price guide includes:
The guide also includes an adjustable gold spot price which drives the coin pricing grid. While a modern collectible gold coin’s intrinsic value should not be used to judge its numismatic worth, knowing the value of gold within a coin is nevertheless insightful.
{ 0 comments }
With the cost of gold on the slide recently, it is expected that the US Mint will be reducing its’ prices on the First Spouse Gold Coins. This is bad news for those investing in gold, but great news for coin collectors.
You may recall, the Mint has tied the pricing of the Spouse coins to the recent average of gold on the London Fix. The London Fix is a benchmark used by large institutions when trading the precious metal. [click to continue…]
{ 0 comments }
June starts with two major developments for First Spouse Gold Coins. First, each coin will increase in price this week by $25. Second, the launch of the Letitia Tyler First Spouse Coin has been postponed.
For the former, the US Mint will increase uncirculated First Spouse Gold Coins from to $616 to $641, and the proof versions from $629 to $654. The new price updates will likely take affect by Wednesday noon, as they follow the Mint’s pricing policy to readjust collector gold coin prices based on the weekly average of London gold prices. [click to continue…]
{ 0 comments }
First Spouse Gold Coin prices will be raised Wednesday or Thursday by $25 each, based on higher gold prices and the Mint’s pricing grid.
The Mint uses a weekly average of London Fix prices (the previous Thursday a.m. Fix through to the Wednesday a.m. Fix), and that gold average it currently above $900 an ounce. With that, an upward price adjustment is in the works.
In recent times when an update was needed, the Mint changed prices around noon on Wednesday. However, it has also made the move Thursday morning. [click to continue…]
{ 0 comments }
First Spouse Gold Coin prices are headed lower this week, according to the US Mint policy to adjust pricing for gold coins using the London Fix weekly average.
The "magic" threshold for current Mint pricing is based on a London gold average of between $900-$950 an ounce, which kicked in and was used for the last round of Mint gold coin price reductions. Since Thursday, gold steadily began its track below $900 an ounce — triggering likely cuts Wednesday.
Using the Mint First Spouse Gold Coins Price Grid and assuming gold doesn’t shoot ballistically high Wednesday AM, prices will fall by $25. Proof coins now at $629 will come down to $604. Uncirculated coins will adjust from $616 to $591. [click to continue…]
{ 0 comments }
As a quick site update message, Anna Harrison First Spouse Gold coins have been added to the First Spouse Coin Price Guide. The United States Mint will begin selling the coins on Thursday, March 5, at noon ET.
The prices have already been determined based on today’s gold coin price cuts. The proof version will be listed for $629 and the uncirculated version for $616. [click to continue…]
{ 0 comments }
First Spouse Gold Coin prices will move lower only a week after they were raised, based on the US Mint pricing policy.
Gold has retreated substantially during the last several days. The weekly average for London gold has dropped below $950 an ounce, which automatically triggers a $25 price reduction per First Spouse Coin.
Proof coins now at $654 will come down to $629, and uncirculated coins will adjust from $641 to $616. [click to continue…]
{ 0 comments }