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Coin Prices

First Spouse Gold, Eagle and Buffalo Coin Prices Up in Air

by admin on October 19, 2010

in Coin Prices

First Spouse Gold Coin and other United States Mint numismatic gold coin prices are teetering on a new record high, since market gold average prices have climbed above $1,350.00 an ounce several times in the last few days. The US Mint’s pricing policy bases its gold collector coin prices on the London Fix average weekly price of gold as well as a directional component — the Wednesday PM gold Fix price.

Since the London Fix weekly gold average has jumped above the current $1,300.00 to $1,349.99 per ounce range — presently sitting at $1,366.56 an ounce, the Wednesday PM price is set to be the indicator of whether prices are headed up or down. [click to continue…]

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James Buchanan’s Liberty Gold Coins on Top

by admin on October 7, 2010

in Coin Prices,Mint Sales Figures

First Spouse Coin Sales Figures logoAlthough the overall number of First Spouse Gold Coins sold during the past week improved compared to the prior report, only half had better sales. 868 was the total versus 846, according to the United States Mint sales report.

Without a doubt collectors still found James Buchanan’s Liberty Gold most desirable of the available coins in the series. They wanted 249 proofs and 194 uncirculated. This surge for the Liberty uncirculated was a rebound after 67 sold in the last report. Buchanan’s total reached 9,498 or 63.32% of its 15,000 mintage limit. [click to continue…]

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US Mint First Spouse Gold Coin Prices Increasing Oct. 6

by admin on October 5, 2010

in Coin Prices

The one-half ounce 24-karat First Spouse Gold Coin prices are about to rise to their highest level ever on Wednesday, October 6, 2010. The increase will be $25 and will make the Proof version $829 and the Uncirculated $816. In the past, when the United States Mint changed the price of their numismatic gold products, they usually did it before 12:00 PM Eastern Time.

The change is due to the ever increasing cost of the precious metal. The market price of gold has steadily remained above $1,300.00 an ounce since last Thursday, September 30. Below is a chart of the past few days of the London Fix’s AM and PM prices. [click to continue…]

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Buchanan’s Liberty Gold Coins at 57 Percent Maximum Mintage

by admin on September 24, 2010

in Coin Prices,Mint Sales Figures

First Spouse Coin Sales Figures logoMost of the First Spouse Gold Coins shined brighter in the latest United States Mint sales report, by outperforming their prior weekly increase. Overall, 1,593 coins sold, compared to 1,479 previously.

Sales likely spiked right before the Mint raised their numismatic gold coin prices on Wednesday, September 15. Next week’s story may show much softer sales, since collectors tend to shy away while prices are at the highest for the series. Right now they are $804 for the proofs and $791 for the uncirculated. However, gold prices have been setting new records nearly every day, and that could increase demand even though the first lady coins are struck for collectors. [click to continue…]

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James Buchanan’s Liberty Gold Coins Hot

by admin on September 17, 2010

in Coin Prices,Mint Sales Figures

First Spouse Coin Sales Figures logoSales remained robust for the new 2010 James Buchanan’s Liberty First Spouse Gold Coins, the latest United States Mint sales data revealed. 780 proofs and 492 uncirculated sold, making the combined total grow closer to the maximum mintage.

Mintage limits were reduced for the 2010 coins from 20,000 for each product option to 15,000 across both, and Buchanan’s Liberty coins came close to reaching the halfway mark. In just ten days since the release, the total sold hit 7,399, which accounts for 49.3 percent of the maximum allowed. [click to continue…]

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First Spouse Coin Prices Rising

by admin on September 15, 2010

in Coin Prices

First Spouse gold coin prices are likely to rise Wednesday, September 15, because the market price of gold rose above $1,250.00 on Tuesday and last Thursday. In fact, Tuesday’s PM price hit $1,265.50.

The US Mint’s pricing policy bases its gold collector coin prices on the London Fix average weekly price of gold. The London Fix prices between Thursday AM to Wednesday AM are used to calculate the average for the week, and then the Wednesday PM price determines whether a Mint price change is necessary.

The current range in use is $1,200.00 to $1,249.99. (See coin price grid). Since August 18, the average weekly gold price remained in that range. This week, however, looks to be outside that range, thanks to Tuesday’s high PM price.

Day AM PM
Tuesday, the 14th $1,253.25 $1,265.50
Monday, the 13th $1,248.75 $1,246.50
Friday, the 10th $1,248.75 $1,246.50
Thursday, the 9th $1,253.50 $1,255.00

 

If Wednesday morning’s Fix price is above $1,240 an ounce, then the new weekly average will be higher than the current range. When that happens, Wednesday’s PM price becomes very important. If it is higher than $1,249.99 then the Mint will raise the price of its First Spouse Coins by $25.

First Spouse coin prices are now $779 for the proof and $766 for the uncirculated, the highest prices since the series started. The new prices would be $804 and $791 respectively.

In the past, when the US Mint adjusted the price, they usually did it right before 12 PM ET on Wednesday, but they have done it as late as Thursday morning.

The US Mint’s web address to purchase these coins is http://catalog.usmint.gov/.

First Spouse coins are one-half ounce 24-karat gold coins with the face value of $10.

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Margaret Taylor First Spouse Gold Coin Surges, Price Cuts Expected

by admin on May 26, 2010

in Coin Prices,Mint Sales Figures

First Spouse Coin Sales Figures logoFirst Spouse Gold Coin sales suffered last week while their prices were at all time highs. The combined total sold was about half that of the prior report –427 compared to 841, according to the latest United State Mint sales figures. Only one coin out of the ten available performed better.

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…]

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First Spouse Coin Prices Changing

by admin on May 4, 2010

in Coin Prices

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…]

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First Spouse Coin Prices Likely to Rise

by admin on April 13, 2010

in Coin Prices

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/.

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First Spouse Gold Coin Price Guide Update

by admin on August 9, 2009

in Coin Prices,Mint Sales Figures,US Mint,Website Update

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 latest US Mint sales figures for each First Spouse Coin
  • The latest US Mint prices for all First Spouse Coins
  • The intrinsic value of the gold within each coin
  • The difference between a Mint’s coin price and its intrinsic value (in $ and %)
  • Links to US Mint product pages for each coin
  • Link to the First Spouse Coin page offering information on the coin and a brief biography of the First Lady
  • For coins no longer offered by the US Mint, links to current eBay auctions

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.

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