Beautiful First Spouse Coins

Frank Gasparro's proposed 1977 Lady Liberty always is my favorite fantasy piece!
Steve

 

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Here's an interesting tidbit that everyone else might know, but I certainly didn't. The First Spouse coins can only be minted during the year inscribed on the coin. I thought they could be minted to meet customer demand throughout the year they were on sale...not the case!

For instance, the Mary Todd Lincoln coin has an announced maximum mintage of 20,000 across all product lines. The Mint creates as many coins as they predict will be sold. That number can be significantly less than the maximum mintage.

Coins that are released early in the year are less likely to encounter inventory problems since more can be made before the end of the year. However, late year coins like the Mary Todd Lincoln, are released in December and there's less than a month to make new coins should the initial estimate be off.

That was the case with the 2010 Buchanan Proofs. The Mint now reports that they only minted 13,000 total Buchanan First Spouse coins. Since the Proofs sold out at 7,317...that means there were only 5,683 Unc coins minted. There have been 4,461 Unc coins sold to date leaving a mere 1,222 Unc coins left to be sold. These numbers are approximate since they don't take into account any coins that might have been demaged and destroyed.

If you planned on buying any Buchanan Unc's you better get while you can! ...the clock's a tick'n. There's no guarantee they minted the Max Lincoln coins, either! You can read all about it here.

 

Thanks for the post! Good to know!

 

Price on a slabbed Buchanan coin jumped $200 this week. If it is like the others I expect prices to go higher quickly.

These coins do remarkably well in appreciation terms.

 

bump-ity, bump, bump, bump!

Every once in a Blue Moon I'll make a post of substance. I think I did in post #22 above. I bumped it up in case anyone missed it. :thumb:

Important point...the Mint didn't mint the announced Max mintage...which is why the Buchanan Proof sold out five (5) months early! The same thing could happen to other coins (non-FS coins), also.

 

It's too bad the Liberty sub-set is gone... would have loved to add an Indian Cent Liberty for the Arthur coin to my set... would definitely improve the photo a bit!!!

 

Beautiful set!! ...you may want to get some more 2007 capsules and the VERY LIMITED edition 2007 four (4) coin Proof/Unc boxes to make a presentation like this...

 

Indeed. Those 4 coins graded at PF 70, not uncommon for these coins, is selling for close to $5,000. This isn't a bad return at all considering these are 1/2 ounce gold coins. Even more remarkable for a modern coin.

 

nice sets!

 

Damn, that stuff looks pretty.

I've been watching the Buchanan proofs on eBay. They've been selling for around $200 over the mint price.

Then, I saw this auction:

http://cgi.ebay.com/ws/eBayISAPI.dl...KqohHTk%3D&viewitem=&sspagename=STRK:MEWAX:IT

It shouldn't surprise me, I guess, eBay being what it is. But, it really did disappoint me that bidders wouldn't realize you could still get that from the mint.

 

I guess it's true...there's one born every minute!

I wouldn't be surprised to see the Buchanan Uncs sell out early, also. There aren't too many of them left to be sold.

I'm also concerned about the Lincoln coins. The Mint may have minted fewer than the announced 20,000...and no more can be made! If that's the case, the Lincoln's could (potentially) be a fast sellout.

Overall, I think prices for most FS coins will stay fairly low until some time after the series ends. There are a lot of FS collectors that have to sell off portions of their FS collection to purchase the rest. In other words, sell off their Uncs to complete their Proof set (or vice versa). Once all the little ladies have found permanent homes, prices will begin to skyrocket!!! ...(imho).

 

why does the jefferson coin look smaller than the others?

 

An optical illusion; the capsule is smaller.