The dominate coin in the remaining First Spouse Gold Coin pool was the proof Mary Lincoln coin, for the first time in three weeks. It was also the only one to outperform its prior week’s sales.
More than half of the First Spouse coins sold were Mary Lincoln proof coins, which was 78 out of 152 in all. In the last round, the ratio was 53 out of 227. As for the other two coins, collectors picked up 47 of the Mary Lincoln uncirculated and 27 of the Abigail Fillmore proofs. [click to continue…]
Prices rose by $25 for First Spouse Gold Coins for the second time in April. Also springing up was demand for the oldest coin while activity for the remaining two coins eased just a bit in the latest round of US Mint sales figures.
On Wednesday, April 27, the United States Mint increased their numismatic gold coin prices due to their pricing policy that uses the London Fix weekly average price of gold as a gauge for market value. The US Mint increased First Spouse proof coins from $904 to $929 and uncirculated coins from $891 to $916.
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Since prices have been at an all time high, and only three coins remain available, it is no wonder sales for First Spouse Gold Coins fell from a cumulative total of 515 in the prior round down to 179. Prices increased on Wednesday, April 13 by $25 to $904 and $891 for the proof and uncirculated versions due to the rising price of gold on the market.
Of the three coins still being offered by the United States Mint, the uncirculated Lincoln First Spouse Gold Coins lead, climbing another 101. The Lincoln proofs added 58. Together their new sales totals came to 9,237. [click to continue…]
Although individual performances were mixed, First Spouse Gold Coin sales as a group rose for a second straight week. Also rising were First Spouse Gold Coin prices. The United States Mint increased the half ounce 24-karat coins’ prices to a new all time high.
The increase was necessary according to the Mint’s pricing policy, which is based on the London Fix average weekly price of gold and the direction the trend is headed. The precious metal’s average hit $1,462.58 between the AM price on Thursday, April 7 and Wednesday, April 13. Since the Wednesday PM price was also above $1,450.00, the Mint changed the First Spouse coin prices from $879 and $866 to $904 and $891 for the proof and uncirculated versions. [click to continue…]
There have been a few extreme peaks and valleys when it comes to First Spouse Gold Coin sales trends, and this round is no exception. The latest United States Mint sales data showed 117 cumulative sales for the coin series, compared to -350 and 968 in the prior two reports.
The winners in this round were the Mary Todd Lincoln Coins. They took over the top two spots for the first time in weeks. The proof Mary Todd Lincoln rose by 61 and the uncirculated Mary Todd Lincoln by 37. Their combined overall total came to 8,519 or 56.8% of their maximum allowed 20,000. [click to continue…]
Returns, cancellations, and/or accounting corrections negatively affected most of the First Spouse Gold Coin sales performance, the latest United States Mint sales data revealed. Their cumulative total tumbled by -350 compared to what seemed like a remarkable high of 968 in the prior report.
The biggest decrease happened to the uncirculated Buchanan’s Liberty option. In the previous round, it jumped by 493, but this time the uncirculated Buchanan’s Liberty total dropped by -418 from 5,579 down to 5,161. [click to continue…]
Five out of six available First Spouse Gold Coins outperformed their prior week’s gains, resulting in 968 coins sold versus 336. In addition, two more coins recently sold out.
Buchanan’s Liberty uncirculated option commanded the most of collectors’ attention. It led the majority of sales with 493. In the last round, the Liberty coin advanced 199. [click to continue…]
Most of the demand for First Spouse Gold Coins diminished during the latest round of the United States Mint sales figures. Six out of eight coins slowed, including the two sold out coins. Overall, 336 coins sold, compared to 368 previously.
The two with sold out statuses, the James Buchanan’s Liberty Proof Coin and the Jane Pierce Proof Coin, both tumbled by -9 each. Buchanan’s uncirculated, however, blazed forward by 199 and outperformed its prior increase of 84. Pierce uncirculated, however, crept up by 31 after rising 36 in the last round. [click to continue…]
The proof Jane Pierce First Spouse Coin sold out late last week, according to the United States Mint’s website. The uncirculated Jane Pierce gold coin, however, is still for sale.
This makes the second time the US Mint has recently removed a First Spouse coin’s availability before its mintage reached its published limit. The earlier one was James Buchanan’s Liberty Proof Coin which sold out in early February.
The US Mint launched the Jane Pierce coins on June 3, 2010, and set a limit of 15,000. As of Sunday, March 6, 2011, her proof hit 4,852 and her uncirculated was 3,274. Thus, their total equaled 8,126, or 54% of the maximum mintage that was first defined by the Mint. [click to continue…]
The United States Mint raised their prices for the one-half ounce First Spouse Gold Coins yesterday in response to the higher recent market price of the precious metal. At $879 per proof and $866 for each uncirculated, the new prices are the highest they have ever been in the full span of the series.
The increase was necessary according to the US Mint’s pricing policy. When the average London Fix gold price moves beyond certain $50 price points as illustrated in the First Spouse Gold Coin pricing grid, and the Wednesday PM price that is used as a market trend indicator agrees with the direction the average has moved, then the Mint changes the gold coins’ prices by $25. [click to continue…]