From the category archives:
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…]
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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…]
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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…]
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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…]
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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…]
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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…]
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In accordance with the United States Mint’s relatively new pricing policy, all Mint gold collector coin prices will increase Thursday, Feb. 26.
First Spouse Gold Coins prices will jump $25, with proof versions rising from the current $629 to $654 and uncirculated coins changing from $616 to $641.
Since Jan. 12, the US Mint primarily bases gold and platinum collector coin prices on the London Fix average between the previous Thursday a.m. Fix through to the Wednesday a.m. Fix. (The London gold-fixing is a benchmark for gold traded directly between big institutions.)
Here were those daily prices: [click to continue…]
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