The US Mint began taking orders today for the Margaret Taylor First Spouse Gold Coins. Available in either proof or uncirculated condition, the coins are struck from 1/2 ounce of 24-karat gold to a face value of $10.
Both strikes come encapsulated for protection and ship in a presentation case. An order limit of 10 per household per product option has been implemented by the Mint with an initial release price of $754 for the proof and $741 for the uncirculated.
Gold itself has been hanging above $1,200 an ounce on the markets for the last few days making it a definite possibility that the Mint will raise the price of these precious metal coins next week according to their pricing matrix. If the average London Fix for gold stays above that $1,200 mark, the First Spouse coins will increase in price to $779 and $766 for the proof and uncirculated, respectively. (For more information, see First Spouse Price Grid.)
Margaret Taylor Information
Margaret Taylor was married to Zachary Taylor for almost 40 years before he was elected as President of the United States.
Before meeting her future husband, Margaret led a life of leisure provided by the wealth of her family. Despite knowing the hardships she may have to endure, she married a young Zachary Taylor who had chosen the Army as his career. [click to continue…]
The US Mint released the latest Presidential Dollar and First Spouse Set featuring James K. Polk on a uncirculated $1 and Sarah Polk on a bronze medal.
The Mint issued the set on Thursday, Sept. 17, 2009, for $8.95. It includes the $1 and medal within a plastic card that bears the pairs portrait with information on the back.
The set is the fourth for 2009 and the twelfth in a very popular collector series that honors both former Presidents and First Ladies. [click to continue…]
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.
Sales of the $10 denominated Julia Tyler First Spouse Gold Coins began at noon Eastern Time on Thursday, August 6. As the eleventh coin in the First Lady series, they are actually the second pair of Tyler coins and follow the set honoring President Tyler’s first wife Letitia, who died during the former president’s second year in office.
Prices for the gold coins are based on the US Mint’s precious metals pricing structure and can change based on average gold prices. The initial price for the proof option is $629 while the uncirculated is set at $616.
The obverse, or "heads", side of the Julia Tyler Coin features a portrait of Julia designed by United States Mint Artistic Infusion Program Master Designer Joel Iskowitz and sculpted by United States Mint Sculptor-Engraver Don Everhart. The inscriptions IN GOD WE TRUST, LIBERTY and 1844-1845 (the years in which Julia served as First Lady) are present on the obverse as well. [click to continue…]
John and Letitia Tyler Presidential $1 Coin and First Spouse Medal Sets will launch Tuesday, July 14, the US Mint has announced.
The set is to be released at noon ET for the price of $8.95, and includes an uncirculated dollar featuring John Tyler and a bronze medal bearing a likeness to the Letitia Tyler First Spouse Gold Coin. The set is the second for 2009 and the tenth in a very popular collector series that honors both former Presidents and First Ladies.
The obverse or heads side of the $1 coin, designed and sculpted by Phebe Hemphill, bears an image of John Tyler with the inscriptions "John Tyler", "In God We Trust", "10th President" and "1841-1845." [click to continue…]
2009 Letitia Tyler First Spouse Gold Coins in proof and uncirculated condition were launched Thursday by the United States Mint for the price of $629 and $616, respectively.
The $10 denominated, 24-karat gold coins are the tenth commemoratives released in a series to honor American First Ladies.
The obverse, or "heads," side of each coin features a portrait of Letitia Tyler designed and sculpted by Phebe Hemphill. The reverse, or "tails" side, was designed by Susan Gamble and sculpted by Norm Nemeth. [click to continue…]
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…]
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…]
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…]
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…]
