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…]
Another week of slower sales passed for the First Spouse Gold Coins series, the latest United States Mint sales figures revealed. The combined new sales equaled 404, compared to 588 last week.
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…]
Demand dwindled for First Spouse Gold coins after the US Mint raised its prices, according to the latest Mint sales report.
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…]
First Spouse Gold Coins were in higher demand, according to the latest US Mint sales report. As a group, they grew by 1,238. The jump was a little surprising since prior totals had been 1,038 and 1,125.
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…]
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/.
Although First Spouse Gold Coin sales as a group have been naturally declining after an initial bump was brought about with the release of the 2010 Abigail Fillmore First Spouse Coins, new totals were only slightly smaller compared to last week’s report. The latest United States Mint weekly data reveals 1,038 were purchased versus 1,125.
The biggest difference can be attributed to the newest coins. 534 proof and 232 uncirculated Abigail Fillmore coins sold last week, as opposed to their previous pick up of 617 and 323. [click to continue…]
Sales remained strong for the new Abigail Fillmore First Spouse coins, the latest US Mint sales data revealed. 617 proofs and 323 uncirculated sold, making their totals 2,441 and 1,380 respectively.
Combined, Abigail Fillmore coins totaled 3,821, which was still higher than the 2nd-week numbers of the last four launches, including the Margaret Taylor coins with 3,138, the Sarah Polk coins at 3,284, the Julia Tyler coins with 2,874, and the Letitia Tyler coins at 3,605.
[click to continue…]
The first 2010 dated First Spouse Gold Coins debuted in the latest US Mint sales figures. Abigail Fillmore coins shined with three day sales hitting almost 3,000.
The US Mint sold 1,824 proofs and 1,057 uncirculated. Together, collectors took 2,881 of the new coins and made this the best launch in a long time. It was higher than the last four launches, which were 2,839 (MT), 2,605 (SP), 2,369 (JT), and 2,873 (LT). [click to continue…]
The United States Mint launched the Abigail Fillmore First Spouse Gold Coins today at noon Eastern Time.
The 1/2 ounce, 24-karat gold coins have a face value of $10 and come in proof and uncirculated versions. Each are struck at the United States Mint at West Point and bear the ‘W’ mint mark.
The coins are encapsulated for protection and ship in a presentation case with a Certificate of Authenticity signed by the United States Mint Director. No household order limits are in place, but the maximum mintage is 15,000 across all product options as opposed to the 40,000 maximum of earlier coins in the series. [click to continue…]
According to the most recent US Mint sales figures, demand declined for First Spouse Gold Coins. Total sales fell again, for the second straight week. Just 127 were added, compared to 193 and 507 in prior weeks.
As far as most popular goes, the Margaret Taylor coins took top honors. The proof version sold the most, picking up 39 and beating last week’s increase of 30. The uncirculated version came in second by gaining 19 – a huge improvement over the previous week’s addition of only 4. [click to continue…]