Only 4,461 of the uncirculated version had sold by Sunday, which means the combined total for both of the proof and uncirculated Buchanan’s Liberty First Spouse Gold Coins was 11,778, or 78% of the maximum 15,000 mintage the US Mint had first announced. [click to continue…]
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It had been a few weeks since the Mary Lincoln First Spouse Coins had the highest weekly sales, since all of the attention had been going to Buchanan’s Liberty coins recently. In this round, her proofs climbed by 89. Buchanan’s proof version tied for second place with Lincoln’s uncirculated. Each had 43 in sales. The only coin that did not pick up much was Abigail Fillmore’s uncirculated, which only added 7. [click to continue…]
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Each First Spouse coin has lowered in price by $25. Proof versions went from $854.00 to $829.00, and the uncirculated ones changed from $841.00 to $816.00. The new price updates took affect late this morning, on Wednesday, January 26, 2011. The US Mint’s pricing policy requires price readjusting of collector gold coins based on the weekly average of the London Fix gold prices. [click to continue…]
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Buchanan’s Proof Liberty leaped by 103. It was the only one in triple digits. The next closest was Mary Lincoln’s uncirculated version with a gain of 43. The third top seller was Jane Pierce’s Proof, which moved by 40. [click to continue…]
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Collectors gobbled up another 997 of the Abraham and Mary Lincoln Presidential $1 and First Spouse Medal Sets in this round and pushed their new total to 8,444. The set has only been on sale for a little more than two weeks. [click to continue…]
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The other available Presidential $1 and First Spouse Medal Sets also climbed higher. Buchanan’s set added 210, Pierce’s set rose by 133, and Fillmore’s set advanced 118. Fillmore’s total crossed the 9,000 marker and sits at 9,063. [click to continue…]
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The inaugural Lincoln Presidential $1 and First Spouse Medal Set sales easily beat the other three Presidential $1 Coin & First Spouse Medal Sets’ debut in 2010, as the table below illustrates. [click to continue…]
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The Mary Todd Lincoln coins were released on Thursday, December 2. Their four-day debuting sales (reported lasted week) came in at 5,505. [click to continue…]
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Inaugural figures for Mary Todd Lincoln First Spouse Gold Coins faired well against prior 2010 coin launches. Buchanan’s Liberty coins started a little better, but Lincoln’s coins exceeded both Pierce and Fillmore’s. The following table shows this year’s debuting coin sales.
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Prices for 24 karat First Spouse Gold Coins could increase on Wednesday, since gold’s market price climbed above $1,400.00 an ounce several times in the last few days.
The United States Mint’s pricing policy bases its collector gold coin prices on the average weekly London Fix price of the yellow metal and the direction it is trending.
Below is a chart of the past few days of the London Fix’s Gold AM and PM prices. Note the jump in today’s prices.
| Day | AM FIX | PM FIX |
| Thursday, the 2nd | $1,390.00 | $1,389.00 |
| Friday, the 3rd | $1,391.75 | $1,403.50 |
| Monday, the 6th | $1,411.50 | $1,415.25 |
| Tuesday, the 7th | $1,426.00 | $1,420.00 |
| Wednesday, the 8th | ? | ? |
The average illustrated in the chart is $1,405.87 without Wednesday’s prices. Those will prove critical in the Mint’s calculations. The AM price is a factor in determining the average. They will compare the average to the Mint’s First Spouse Gold Coin pricing grid. Next, they use the Wednesday PM price as a directional indicator, which is most important for this round.
Given how high daily prices have been since Friday PM, the weekly average should easily be above $1,400.00 an ounce. If Wednesday’s PM fixing is set at or below $1,399.99 an ounce, then prices will remain unchanged. Any higher and they will go up. Although the latest available PM price on Tuesday had gold at $1420, it worth noting prices could tumble in after-hour trading. A big drop overnight, although unexpected, could maintain current US Mint prices.
The one-half ounce Proof First Spouse Gold Coins are now priced at $854 and the Uncirculated First Spouse Gold Coins are $841. If a price change is warranted, the new levels will be $879 and $866 respectively, making the coins the most expensive they have ever been since their introduction in 2007.
Price adjustments are typically made before 12 PM Eastern Time on Wednesdays, although that time has varied to as late as Thursday morning.
In addition to First Spouse Gold Coins, there are five more available US Mint offerings that would be affected. These are listed in the table below.
| Item | Increase | Current Price | New Price |
| American Buffalo 24-karat Gold Proof | $50 | $1,660.00 | $1,710.00 |
| 1 oz American Eagle Gold Proof (Sold Out) | $50 | $1,635.00 | N/A |
| 1/2 oz American Eagle Gold Proof | $25 | $831.00 | $856.00 |
| 1/4 oz American Eagle Gold Proof | $12.50 | $428.00 | $440.50 |
| 1/10 oz American Eagle Gold Proof | $5.00 | $185.50 | $190.50 |
| American Eagle Gold Proof 4 coin Set | $92.50 | $3,030.50 | $3,123.00 |
N/A means Not Applicable. The 1 oz 2010 Gold Eagle Proof sold out.
For those who are interested in purchasing these coins, the US Mint’s web address is http://catalog.usmint.gov/ and toll free at 1-800-USA-MINT (872-6468). .
The last time the Mint changed their prices was Wednesday, November 10, 2010.
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