Six out of the 10 available coins outperformed their prior numbers, but the Margaret Taylor uncirculated declined by -249 compared to last week’s gain of 278. So the combined total for all the coins ended down at -41. [click to continue…]
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Uncirculated Margaret Taylor First Spouse Gold Coins gained 278, which was about 65 percent of the week’s total for the group. The second best seller was Abigail Fillmore’s proof. 67 were purchased. Letitia Tyler’s proof picked up one and was the least popular in this report.
Spouse coin prices should drop by $25 on Thursday, the 27th, because the London Fix for gold plunged last week and prices did not pick up enough this week. [click to continue…]
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The biggest players were Abigail Fillmore and Margaret Taylor’s proofs, each adding 208 and 143 respectively. Abigail Fillmore’s uncirculated made third by picking up 119. In last place was the Letitia Tyler uncirculated at 39. [click to continue…]
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Even though the figures showed double digit movement, not all were gains. Two coins, Julia Tyler uncirculated and Letitia Tyler uncirculated both lost significant sales, -28 and -69 respectively. The two most popular purchases were Abigail Fillmore’s proof and uncirculated. Each added 55 and 47, but last week’s numbers were 135 and 72. [click to continue…]
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Buyers, no doubt, recognized the increasing gold value of the 24-karat half ounce coins when the London Fix gold price grew. Since the U.S. Mint waits until the middle of the week to calculate whether a numismatic price change is needed, there were several days of buying before the Mint re-aligned First Spouse coin prices with the market price of gold. [click to continue…]
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The US Mint is going to increase prices of First Spouse Gold Coins by $25. The Mint’s pricing policy is based on the London Fix weekly average price of gold, which has been higher recently than the last several weeks. This week, London gold is averaging $1,176.75 an ounce, which is above the $1,150 an ounce threshold on the Mint’s price grid, thus triggering a price raise.
If the Mint keeps the time schedule it has used in the past when a price change is necessary, the Mint will adjust First Spouse coin prices before noon ET on Wednesday. A Proof First Spouse coin is now $729 and the Uncirculated is $716. Those prices will change to $754 and $741.
The rise on the London Fix can be seen in the table below with the daily AM and PM prices during the week. Monday, May 3rd was a London holiday. [click to continue…]
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Not surprisingly, the newer Abigail Fillmore coins held on to the number one spot, adding 112 proofs and 64 uncirculated. Other top performers included uncirculated Margaret Taylor’s and Sarah Polk’s. They improved by 55 and 42 respectively. Usually more proofs take these top positions than uncirculated versions.
At least the US Mint will leave First Spouse coin prices as they are this week. While gold has been surging, with prices on Wednesday hitting their highest level since December, its dip last week was enough to keep the London gold fix weekly average below $1,150 an ounce. That kept the Mint from raising the first lady coin prices by $25.
The gold pieces will certainly appear more attractive this week with their lower costs and now higher intrinsic values. Maybe that will be enough to spur a few more collectors to place orders. [click to continue…]
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As a group, the 24-karat gold coins gained just 588, compared to their 1,238 jump last week. Prices increased on Wednesday, April 14. It may have been higher costs that caused the slump, or perhaps a distraction like the IRS tax deadline on April 15.
Even though sales drastically slowed, each offering still earned double digit increases, except Abigail Fillmore coins that recorded triple digits. The Fillmores jumped about the same: 172 for the proofs and 167 for the uncirculated. [click to continue…]
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Abigail Fillmore coins were again most popular. Collectors purchased 433 proof and 225 uncirculated. Although Fillmore’s growth is gently losing momentum. Their prior weekly gains were 534 and 232, and the week before that their numbers were 617 and 323.
Two more coins catapulted to triple digit numbers for the sales week. Margaret Taylor proofs jumped by 112, and Letitia Tyler proofs advanced by 104. Impressive, to say the least. The last time these two experienced similar increases was mid-February for Margaret Taylor and mid 2009 for Letitia Tyler. [click to continue…]
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First Spouse gold coin prices are likely to rise Wednesday, since market gold prices have steadily been rising. The US Mint’s pricing policy bases its gold collector coin prices on the London Fix average weekly price of gold, and the Fix price has teetered above the $1,150 per ounce threshold (See coin price grid).
If Wednesday morning’s Fix price is above $1,127.25 an ounce, then the US Mint will raise its gold coin prices by $25. A Proof First Spouse coin is now $729 and the Uncirculated is $716. The new prices would be $754 and $741 respectively.
The reason it only has to be at least $1,127.25 is because Monday morning’s price was so high, at $1,163.50. The daily AM and PM prices during the week were
| Day | AM | PM |
| Tuesday, the 13th | $1,149.25 | $1,148.25 |
| Monday, the 12th | $1,163.50 | $1,158.75 |
| Friday, the 9th | $1,156.00 | $1,152.50 |
| Thursday, the 8th | $1,146.50 | $1,148.00 |
In the past, when the US Mint had to adjust the price, they did it right before 12 PM ET. They also briefly froze ordering of the First Spouse coins right before the change was made on Wednesday.
The US Mint’s web address to purchase these coins is http://catalog.usmint.gov/.
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