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:
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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:
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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:
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This week, two Proof versions of First Spouse Gold Coins were hot sellers in the series. Sarah Polk and Julia Tyler Proofs jumped by 339 and 218, respectively. Their uncirculated options didn’t do bad either. Polk’s climbed by 164 and Julia Tyler’s uncirculated picked up 139.
The figures show demand higher for five of ten First Lady coins when compared to the prior week. Performing marginally better were Van Buren’s Liberty and Letitia Tyler proofs. The former increased by 99 from 87 and the latter improved by 79 from 78.
As predicted on CoinNews, First Spouse Gold Coin prices increased today, since gold’s London Fix average rose over $1,000 an ounce for the past week. According to the Mint’s website, Proof and Uncirculated’s prices are $679 and $665.75, respectively.
The following tables compare the prior to most recent Mint sales data:
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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…]
It’s no surprise the newly offered Sarah Polk coins were again the best sellers of the First Spouse Gold Coin series. The proof and uncirculated options rose by 216 and 463, bringing the totals to 1,137 and 2,147 respectively.
Overall, however, First Spouse Coin sales mostly declined compared to the prior report, with only two of the ten U.S. Mint gold commemoratives showing improvements. The Letitia Tyler First Spouse uncirculated coin rose by 75 compared to the prior weekly gain of 65. Van Buren’s Liberty uncirculated climbed by 74 compared to last week’s 71.
As something to keep in mind, with gold’s recent rise above $1,000 an ounce, a new threshold in the Mint’s pricing policy has been touched. Should gold prices average above $1,000 between Thursday and next Wednesday, First Spouse Gold Coin prices will increase by $25. The last price increase happened on September 2nd, when gold moved above $950 an ounce.
The following tables compare the prior to most recent Mint sales data:
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Sarah Polk First Spouse Coin sales began Thursday afternoon, and in only a few days, it was the most popular spouse coin for the week. Sarah Polk’s proof version reached 1,684 and the uncirculated made it to 921.
The price of gold has been at its highest level since Feb. 20th, and that may have some effect on First Spouse Coin sales. All but one of the First Spouse coins performed better than last week. Julia Tyler’s proof steadily increased the most, this time by 230 compared to 217 last week. The only exception was Julia Tyler’s uncirculated version, which sold 105 units compared to 133 last week.
Van Buren’s Liberty First Spouse Coin is the final 2008 coin still being sold by the U.S. Mint. It’s hard to predict whether it will perform as well as the other 2008 coins before its sales are stopped. Right now the proofs are standing at 6,659 and the uncirculated at 3,723.
The following tables compare the prior to most recent Mint sales data:
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Sarah Polk First Spouse Gold Coins went on sale today at the United States Mint. The $10 denominated, 24-karat gold coins were priced $654 for the proof and $641 for the uncirculated.
Ironically, the US Mint raised gold coin prices just yesterday, as gold has been on the upswing during the last several days. And with that, it’s important to remember that Sarah Polk coins and the other collector gold coins can change in price from week to week depending on the performance of gold. (See US Mint pricing policy for an explanation.)
Sarah served as First Lady to James Polk, eleventh President of the United States. The US Mint provided the following [click to continue…]