Demand for First Spouse Gold Coins is up again, as the series enjoyed another week of rising sales, according to the latest weekly US Mint sales figures.
The Sarah Polk Uncirculated coins outpaced the rest of the group, including Polk’s Proof version for the first time. Collectors purchased 139 more of the coins. The Van Buren Liberty Proof was the second most popular, rising 131 during the week.
Since the new Margaret Taylor First Spouse Gold Coins launch tomorrow, today is the last full day for the Van Buren’s Liberty coins. The Van Buren’s have not reached the same final sales level as the Jackson’s Liberty coins, but they did pass the Louisa Adams coins. The Louisa Adams remain the lowest sold of all the First Spouse Gold coins that are no longer sold by the Mint.
The following tables compare the prior to most recent US Mint sales data: [click to continue…]
It’s seems likely that the demand for gold has helped US First Spouse Gold Coin sales rise. Overall sales have been experiencing a steady upward trend for the last three weeks, despite their increases on Nov. 12th to the highest level since the series started in 2007.
The Julia Tyler Proof coins gained the most by adding 87 this week, according to the latest US Mint sales figures. Last week, none were sold. The second and third biggest sellers were the Sarah Polk Proofs, adding 71 to their sales figure, and the Van Buren Liberty Proofs, adding 70.
The Van Buren’s Liberty coins will only be available another nine days, since the deadline to complete an order is December 3rd. December 3rd is also the launch date of the next coins in the series, the Margaret Taylor First Spouse Gold Coins.
The following tables compare the prior to most recent US Mint sales data: [click to continue…]
Last week’s price increase of $25 on Nov. 12 actually seemed to boost US First Spouse Gold Coin sales, because the commemorative series recovered from the prior report’s “slow down”. The latest US Mint sales figures show sales for seven of the ten available gold coins improved.
More likely, the quick rise in gold prices provided opportunities for collectors to look again at the series. Also, since it was a U.S. federal holiday last Wednesday, the Mint did not raise gold coin prices (in response to higher gold) until Thursday. That gave collectors a full day’s notice to buy them with the understanding that they would go up $25 the next day.
The Van Buren’s Liberty coins saw the biggest sales gain. Last week’s report showed increases of only 63 and 36 for the proof and uncirculated, but this week they jumped by 80 and 64. As a reminder, the Van Buren coin sales end on December 3rd.
The launch for the new Margaret Taylor First Spouse Gold Coins is only 15 days away and will be just in time for delivery by Christmas. According to the US Mint’s website, orders placed by December 7th for any in-stock items will be delivered by December 25th via standard delivery, and orders placed by December 11th can still make it by December 25th via express delivery.
The following tables compare the prior to most recent US Mint sales data: [click to continue…]
The weekly London Fix gold average jumped, reaching the next rung on the US Mint’s pricing slide rule. As a result, expect the US Mint to increase First Spouse Gold Coin prices by $25 sometime before noon on Thursday. According to Mint policy, the prices will be $729 for the proofs and $716 for each uncirculated. Those will be never-before-seen, all-time highs.
These prices are a far cry from where they started at the beginning of the series. In 2007, the Martha Washington First Spouse Coins were only $429.95 and $410.95. Those sold out within hours, all 40,000 of them. Sizable profits could be realized in selling them for their gold values alone. When the 2008 Van Buren’s Liberty coins launched, they were priced at $549.95 and $524.94.
In this week’s US Mint sales data, only one of the ten available First Spouse coins experienced higher sales than the last report. The Van Buren’s Liberty Proof rose by 63 compared to last week’s 36. It was the second most popular coin in this report. Sarah Polk Proofs earned top honors at 76.
The Mint posted a countdown on their web site to show that there are only 22 days left to purchase the 2008 Van Buren’s Liberty coins. As it stands, the Van Buren Proofs are at 7,234 and the uncirculated at 4,165. They are not far behind the lowest minted 2008 Louisa Adams coins with their 7,454 proofs and 4,223 uncirculated. The deadline for the Van Buren coins signify the release of the next coin in the series. The Margaret Taylor First Spouse Gold Coins will launch December 3rd.
The following tables compare the prior to most recent Mint sales data: [click to continue…]
First Spouse Gold Coins recovered from last week’s low. The United States Mint sold almost twice as many this time. Plus, there was not any negative numbers reported due to customer returns, cancellations, etc.
Sarah Polk Proof sales increased by 113, coming in at the top spot for best seller. The second highest increase went to the Julia Tyler Proofs with their 57 gain. Rounding out the top three was the Sarah Polk Uncirculated coin with 51.
The release of the next coin in the series, the Margaret Taylor First Spouse Coin, is about four weeks away. In the past, the Mint stopped selling the oldest coin when it launched the newest. If sales for the 2008 Van Buren Liberty coins don’t pick up, then Van Buren will rank behind the 2008 Jackson Liberty in scarcity.
The following tables compare the prior to most recent Mint sales data: [click to continue…]
Sales retreated again for the beautiful 24-karat First Spouse Gold Coins. In fact, the total unit increase for the seven day period was less than half of what it was in the prior report.
Sarah Polk Proofs still led the First Spouse series by adding 79, but both Anna Harrison Proofs and Letitia Tyler Proofs lost 22 and 5 sales respectively. Harrison’s total sales slid down to 5,773 and Letitia’s dropped to 4,297.
Perhaps sales will improve when the coin prices drop. If prices remain high, the First Spouse series might not pick up again until the next new coin is released in December.
The following tables compare the prior to most recent Mint sales data: [click to continue…]
US Mint First Spouse Gold Coin sales retreated mid-month after two price increases in October. In fact, in terms of total coins sold, sales hit their all-time lowest since these ten coins have been available.
Sarah Polk Proofs sold the most with an increase of 114, and Julia Tyler Proofs were next, gaining 74. Anna Harrison Uncirculated saw the least change, with only 9 being sold in the seven day period.
The excitement level has certainly dwindled since the initial launch of the First Spouse coins in 2007. The first three in the series hit their mintage maximums of 40,000 within hours of their release, but each subsequent coin has had a higher price and fewer sales. With prices of these coins now at their all-time highest, sales have reached their all-time lowest. Collectors of the series can only hope the current low mintages will make their collections more valuable when demand picks up — and that is almost assured to happen when the more famous First Spouses are offered in the coming years.
The following tables compare the prior to most recent Mint sales data: [click to continue…]
Perhaps collectors saw a window of opportunity last week and jumped on it, since sales for US Mint First Spouse Gold Coins more than doubled their prior week’s numbers.
Prices were lower for the coins from September 30 through October 7, and then they went up by $25 on October 8. Another price boost occurred today, so the Proofs are now $704.00 and the Uncirculated are $691.00.
Sarah Polk Proofs led the pack with an increase of 412 to break into the 3,000 club. Polk’s uncirculated version was right behind, gaining 306 to reach 1,759.
The following tables compare the prior to most recent Mint sales data:
[click to continue…]
Sales fell down for all but one of the ten available US Mint First Spouse Gold Coins, according to the latest Mint sales data.
While last week’s report showed half of the coins with triple digit increases, this week only showed one – the Sarah Polk Proof coin. It jumped by 149. The two coins that saw the most dramatic decline in new sales were the Julia Tyler Uncirculated and the Van Buren Liberty Uncirculated. Julia Tyler only increased by 45 compared to the prior 144, and Van Buren just gained 25 compared to the prior 128.
Although the Van Buren Liberty coin sales were sluggish, they still reached new milestones. The Van Buren Liberty Proof coin broke 7,000 and the uncirculated version reached 4,000. It’s still too early to tell if the Van Buren’s will be able catch up with any of the other 2008 released First Spouse Coins.
The following tables compare the prior to most recent Mint sales data:
[click to continue…]
US Mint First Spouse Gold Coin sales retreated ever so slightly compared to the last reading reported on September 23. Gold coin prices went up Wednesday, the 23rd, which might have effected sales, especially since the spot price of gold started to decline the next day.
Letitia Tyler Proof coins were the top weekly sellers in the series for the first time since Sarah Polk coins launched, increasing by 165. Second place sales went to Julia Tyler Proofs, and third was proof Sarah Polk, climbing 161 and 159, respectively.
Today, the US Mint lowered gold coin prices since gold had averaged below $1,000 an ounce during the prior seven days. Prices are subject to change according to the Mint’s pricing policy that is based on the London Fix weekly average price of gold. (Ironically, gold headed back above the $1,000 barrier again Wednesday, and First Spouse coin prices could again increase should the trend continue through to next Wednesday.) The Proof First Spouse Coins are back down to $654 and the Uncirculated are at $641. (See coin price grid.)
The following tables compare the prior to most recent Mint sales data:
[click to continue…]