4th spouse gold coin (dolley madison)

4th spouse gold

four more days to come. i am eager to the new prices.

 

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See the new prices above your post....

 

new prices

how to figure out the prices:

the mint based on $810.00 per ounce of gold. this might also applied to am eagle gold later on:

here are the formulas: $810.00 divided 2 = $405.00 (1/2 oz)
then 405.00 x 1.05 (5%) = $425.25 (mint bullion selling price to dealers)
then $425.25 x 1.2 (20%) = 510.30 (20 % mark up selling price to collectors)
so the price is $509.95.
for proof add $20.00 to it.

for american eagle gold series: $810.00 s 1.03 (3%) = $834.30 (mint bullion selling price to dealers)
then $834.30 x 1.075 (7.5%) = 896.87 (7.5% mark up selling price to collectors)
so the price for one ounce is $899.95.

$810.00 divided 2 = $405.00 (1/2 oz)
then $405.00 X 1.05 (5%) = $425.25
then $425.25 x 1.1 (10%) = $467.78
so the price for 1/2 oz is $469.95.

$810.00 divided 4 = $202.50
then $202.50 x 1.07 (7%) = $216.68
then $216.68 x 1.1 (10%) = $238.34.
so the price for 1/4 oz is $239.95

$810.00 divided 10 = $81.00
then $81.00 x 1.09 (9%) = $88.29
then $88.29 x 1.20 (20%) = 105.95
so the price for 1/10 oz. is $104.95

for $5.00 modern commem gold: .242 oz x 810.00 = $196.02
$196.02 x 1.07 (7%) = $209.74
$209.74 x 1.2 (20%) = 251.69
$251.69 + $35.00 (donation)= $286.69 or $289.95 for uncirculated.
for proof add $20.00 to it.

 

Elaine the mint has already raised the price

The United States Mint will accept orders for the Dolley Madison First Spouse Gold Coins at its secure Web site at http://www.usmint.gov or at the toll-free number 1-800-USA-MINT (872-6468). The proof coin will be offered at $529.95, and the uncirculated coin will be offered at $509.95. Bronze medals bearing the likeness of the coin also will be available for purchase for $3.50.
Note: To ensure that all members of the public have fair and equal access to United States Mint products, orders placed prior to the official on-sale date and time of noon (ET) November 19, 2007 shall not be deemed accepted by the United States Mint and will not be honored. For more information, please review the United States Mint's Frequently Asked Questions (FAQs), Answer ID #175.

 

The price does seem a little high. It may just turn me off the series, especially if gold keeps rising in value next year.

 

two more days

i think i will not buy any of the 4th spouse gold. too expensive and the gold price downed.

 

next year spouses gold

i think next year spouses gold coins should maintain or increase the proof version only.

sample one: 20,000 proof, 20,000 unc.
sample two: 40,000 proof, 20,000 unc. (the best one - u.s. mint)
sample three: 50,000-60,000 proof, 30,000 unc. (it will be a bad idea)
sample four: 20,000 proof, 10,000 unc. (the best one - collectors)

 

I don't think the future spouse coins will sell out....

 

What happens of gold drops back to the $500 level? I know the elevator goes up, but will it go down?

 

Madison FS now available. Website was pretty busy for a little while -- it's pretty clear now.

 

bad timing for 4th spouse

i rather bid at e-bay on those first, second and third spouses. it is cheaper. the same bullion coins. those were below $500.00.

 

Eay to order

I have bought all of the wives and will continue to buy the entire series of wives because I am a gold coin collector, not a dealer, speculator, or flipper scum.

But I have to believe the interest is dwindling due to a $100 price increase and no "buy 3, sell 2 to finance the third" opportunity. Gold just dropped below $775 making the Madison coin very expensive and closer to the massive markup of the gold commemoratives.

The Jefferson wife unc was in stock 5 weeks after issue regardless what the flippers on e-bay will say--due to massive cancellations of dealers/flipper scum. If you want to laugh check out the Buy it Now prices for Dolley...at least wait until they can't be bought from the Mint for the issue price!

 

4th spouse

4th spouse gold coin won't able to sell out quickly. possible take few weeks to finish the proof version. and the uncirculated seem few people like it. it might be really a dead series.

 

cancellation

did you cancel your 4th spouse gold order. be sure to cancel it right away. or else you may be regret. it will be traded below $500.00 soon.

 

I did buy a Dolley Madison 1999 silver dollar coin recently.

 

Is someone allowed to collect these coins because they want them or is everything always about flipping things for a quick profit?

 

I'm collecting all the proofs. I don't believe the mint will lower the price once they are shipped. If anything maybe they will drop the price prior to the initial shipment being sent out.

 

I have noticed the 90% of Jeff spouse coins on e-bay are a selling for about 100.00 more then a week ago

 

dont you know how to read the forum name is moneytalk. if you can still see cointalk then u are sick like me and we should both retire we will take some of our mod friends with us too they are also delusioned into collecting like poor De orc, GDJMSP and others

 

I'm sorry. I'll get help for my problem.