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…]
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