which first spouse coin?

I want to add more gold to my stock pile! I was thinking about first spouse coin? My thinking here is that first its gold,second it may be worth more because of limited mintage??? So short story long which spouse (if any ) should i get????

 

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As you may have guessed from some of the other threads, I'm not exactly "pleased" with the way the Mint is running the First Spouse coin program.

As it stands now, I'm not sure if any of the published mintage figures can be trusted to be "final" mintage numbers. The Mint is "Authorized" to continue minting/selling each of the designs until the Max mintage is reached...or until the end of the entire program (sometime in 2016).

So, if you're going to ignore "mintage", the only other reason to buy a FS coin (over other types of bullion coins) is for the design and grade. Personally, I would buy one of the "Liberty" designs graded PF70 (PCGS or NGC) off eBay (the Proofs look way better than the Uncs...imo).

The Jackson coin would be the best if you can find one for under $1000...that's a pretty popular design. If you don't have that much money to spend, you might consider the Jefferson or Van Buren coins. A few months ago, I bought an NGC PF70 Jefferson Liberty for $608.

Be careful buying raw FS coins off eBay. There are some really nice fakes out there. All someone has to do is have their coin graded and replace it with a fake...and sell it with the original packaging and Certificate of Authenticity.

Or...you can wait for the Buchanan Liberty to come out. My "guess" is that gold prices will be lower by then. If you go that route, the key will be to get your order in just as soon as the coins go on sale. That way you increase your chances of getting a very nice coin. Good Luck!!

 

People seem to love or hate these coins. If you are looking for bargains for bullion you might find some with slabbed MS69s of the older ones especially Washington and Adams. Last fall you could even get 70s of these for less than spot. On the other hand, some of the later coins are hard to find and come with a stiff premium. Expect to pay $900 - $1000 and even higher for Jackson, Van Buren and a couple of others.

 

If you get the James Buchanan first spouse (he wan't married), you get liberty in the same design as seen on large cents. If looks nice, and stands out from the other first spouse coins. I suggest this as a way to go.

 

I agree with yakpoo that the ones to buy are the Liberty spouses. I especially like the Jefferson Liberty in proof. It is a classic design that shines in gold. Save your money, forget slabbed and buy raw (with OGP) and just weight it to be sure that it is not a fake. If you can get one close to melt then you did very well. IMO, for this series limited mintage is not going to matter as much as aesthetics down the road. Gold is gold, and these are essentially high-priced bullion pieces. Even though mintages are very low for the lesser known spouses ( I won't say less attractive), I just do not see the demand ever increasing for them. TC

 

I would say demand for Jackson in particular is very high. If it appears on any retail site for less than a $900 bucks, remember this is a 1/2 oz coin, it immediately sells out. Van Buren, Elizabeth Monroe, and Julia Tyler are in a similar situation though not quite as high.

 

Oh ty all! I thoughts these were 1ozers? I should maybe just go w/AGE,more bang for the buck!

 

I can't wait for Buchanan! I'll get an extra NGC 69 with Bing cashback on eBay that I can crack and put into the '07 proof 4 coin holder! Prolly @ less than Mint price.

 

Yeah anyone collecting the liberty series will want Buchanan and I expect the Lincoln coin will do well too.

 

Anybody familiar with the pricing of these coins. What would be a good price for a L Adams MS 70 $10

 

The spouse that will really increase interest is Jackie Kennedy, but gold may be $2000-3000/ounce by then. TC

 

The Eleanor Roosevelt should do well, also. :thumb:

 

I gave up on the spouse series and I don't think there will ever be much interest in most of them, even with the relatively low mintages. Sure, some folks may want the Jackie Kennedy coin when it comes, but very very few of them will then feel the need for a Mrs. Fillmore coin or a Mrs. Polk coin after their purchase!!

The Liberty coins, on the other hand, are cool and I those are the only Spouse coins I haven't sold off to date. I really like the Andrew Jackson coin the best so far, has a great obverse and the reverse is cool too. The Jefferson reverse is horrible I think, surely they could have done better than all of that text and his gravesite.

If you decide to not go with the spouse coins at all and want a one ounce coin, maybe you should look at the 2009 Ultra High Relief $20. One ounce of .9999 gold and it's amazing!

 

I'm starting to sour on the FS series, also...for the reasons you give. I have NGC PF70 UCAM up to Margaret Taylor. I'm seriously considering selling off all the others and just completing the proof set.

 

I agree that the liberty coins that use former coin designs on the obverse are the best ... i like the Jackson and the Van Buren. The Jefferson has a relatively high mintage, but looks nice.

 

Oh yes. I fully expect that when these coins get to the 20th century presidents there is going to be a huge interest pick in the entire series. Those who have the earlier coins will do well. E. Roosevelt, J. Kennedy, B. Ford, Lady Bird Johnson, P. Nixon were all famous in their own right and there are a lot of people who admire them. And if Bill keeps eating at burger king, there might even be a Hillary coin by the time the series ends. That one would sell out in a day.

The trick to these coins is to get them off of people who think they are ugly and/or don't have much of a future, or believe the mint is going to pull a fast one with dumping old coins and I think you will do well on it. I've scored some pretty good deals on some slabbed versions of these coins by looking for disinterested sellers.

 

if you consider that just the gold value of the coin is around $560 ... and if you pay around $700 ... then you only have about $140 at risk.

And if gold can go above $1400 ... then you have no risk at all ... you can always sell it for bullion for what you paid.

I think that based on that ... getting a US legal tender coin that has a mintage of less than 10,000 for only $140 (over melt) ... it's clear this is an interesting investment.

How many other coins with a mintage of 10,000 can you buy for $140 over the bullion value?

The Jackie Robinson commemorative coin has a mintage of 5,000 and sells for many thousands of dollars.

 

1997 Jackie Robinson $5 uncirculated gold commemorative coin
mintage 5,000 (Unc) ... higher mintage in proof
contains 1/10th oz gold ... bullion value $120 ...
bid on the Unc is $3,500

compare that to the mintage of some of the unc first spouse's
Some mintages less than 4,5000
contains 1/2 oz gold ... bullion value is $560
bid on the unc is $700

Clearly the first spouses have a lot more potential upside

 

I don't follow this series, but you probably want to buy the one with a combination of the following characteristics:

- low mintage
- low price
- low popularity

Whatever is disliked now will be the most expensive at some point in the future.

 

C'mon guys!

I need an anwser fairly quickly. What is a good /reasonable price for the L. Adams coin?