First Spouse coins available to order

Discussion in 'US Coins Forum' started by CentDime, Jun 19, 2007.

  1. elaine 1970

    elaine 1970 material girl

    latest

    $495.27, $510.00, $510.00 were the latest low on ebay. and there were 10 pc @ 450.00, 3 pc @ $0.01 no taker. of course there was a four coins sold for $0.99.

    now at a low of $495.00. it break last time low of $495.27.
     
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  3. dreamer94

    dreamer94 Coin Collector

  4. GDJMSP

    GDJMSP Numismatist Moderator


    Everybody sees what they want to see. It's human nature.

    If you really want to know what any given coin is selling for look at the Completed Auctions, not the active auctions or BIN offers. And even then you take ALL of them, throw out the highest and the lowest, and average the rest. Then you will have an approximate value.
     
  5. dreamer94

    dreamer94 Coin Collector

    That's my point. The "new low" and highest sales don't provide a true indication of the value or demand. What I think is going on is sellers desperate to get their investment back before their credit card bills come due. At this point, I wouldn't be surprised if some of the sales are to dealers who will be offering the coins for much higher prices in the coming months.

    There also seems to be a real shortage of complete sets in original packaging. I found only one listed as of this morning. Perhaps that reflects the absurdity of grading coins that are all 69's and 70's (as well as the foolishness of "first strikes" designation for an entire issue that was sold in a single day).
     
  6. Danr

    Danr Numismatist

    By that standard they are still pretty high.
     
  7. coinnut

    coinnut Senior Member

    its just a gimmick from the mint,riding on the popularity of the state quarters.
     
  8. shortstack

    shortstack Senior Member

    Mint Press release today confirms the Aug 30 release date. :hail: There will be a limit of ONE coin per option per household for the first week! :thumb:

    Should have done that with the first two :headbang:
     
  9. CentDime

    CentDime Coin Hoarder

    Here is the release:

    "WASHINGTON - The United States Mint announced today the opening of sales for Thomas Jefferson's Liberty First Spouse Gold Coin on August 30 at 12:00 noon (ET). Orders for both the ½-ounce proof and uncirculated versions of the 24-karat gold coin will be limited to one per option, per household for the first week of sales. The United States Mint will reevaluate this limit after the first week, and either extend, adjust, or remove it. Mintage of Thomas Jefferson's Liberty First Spouse Gold Coins is limited to 20,000 for each product option. "

    So it is a max of two coins per household [one uncirculated, one proof], I think this coin is going to skyrocket. This limitation will make the coins much more scattered in the marketplace so it will effectively make it harder to obtain. Just my take on it.
     
  10. RickieB

    RickieB Expert Plunger Sniper

    Agreed Centdime!!!

    Time to line up at the computer and phone's....

    Get em boy's and gal's get while ya can. :pencil:

    RickieB
     
  11. decru

    decru Member

    Question, wouldn't the fact that more collectors are going to get there hands on these and less dealers actually make them less scare and less valuable?
     
  12. decru

    decru Member

    Also, thats 20,000 proof and 20,000 unc right?
     
  13. USS656

    USS656 Here to Learn Supporter

    I would think just the opposite.?. Because they will be hoarded by collectors there will be fewer available in the market. Dealers will want them to be able to offer to their customers so wouldn't that drive prices up? I don't pretend to understand what drives prices so don't take anything I say with anything more than a grain of salt. This is one coin I might line up to buy. Worse case is I own a ounce of gold with lady liberty on it :)
     
  14. spock1k

    spock1k King of Hearts

    half ounce u mean.
     
  15. USS656

    USS656 Here to Learn Supporter

    One of each equals one ounce.
     
  16. CentDime

    CentDime Coin Hoarder

    Here is the next coin: Get those credit cards ready.
     

    Attached Files:

  17. dreamer94

    dreamer94 Coin Collector

    That's great news!

    That should eliminate a lot of the speculation. Only people who actually want the coints for themselves will have a motivation to buy.

    (What's your source?)
     
  18. bama guy

    bama guy Coin Hoarder

    The mint had the following release


    August 13, 2007





    Thomas Jefferson's Liberty First Spouse Gold Coin Available August 30

    Orders limited to one coin per option per household for the first week

    WASHINGTON - The United States Mint announced today the opening of sales for Thomas Jefferson's Liberty First Spouse Gold Coin on August 30 at 12:00 noon (ET). Orders for both the ½-ounce proof and uncirculated versions of the 24-karat gold coin will be limited to one per option, per household for the first week of sales. The United States Mint will reevaluate this limit after the first week, and either extend, adjust, or remove it. Mintage of Thomas Jefferson's Liberty First Spouse Gold Coins is limited to 20,000 for each product option.
    "This beautiful coin captures a classic image of Liberty from Jefferson's time, connecting us to the history of our coinage and our Nation's most precious value," said United States Mint Director Ed Moy.

    The Presidential $1 Coin Act of 2005 contains a provision for the continuity of the First Spouse Coin Program in the event that a President served without a First Spouse. This provision applies to Thomas Jefferson, who had been widowed for 19 years when he became President. The obverse of Thomas Jefferson's Liberty First Spouse Gold Coin features a design emblematic of Liberty as it appeared on a United States coin issued during his time in office.

    The image selected for the coin's obverse appeared on the Draped Bust Half-Cent coin from 1800 to 1808. The design was originally executed by United States Mint Chief Engraver Robert Scot and re-sculpted by United States Mint Medallic Sculptor Phebe Hemphill. Inscriptions on the obverse include Jefferson's years of service, the year "2007," "In God We Trust" and "Liberty."

    Thomas Jefferson's Liberty First Spouse Gold Coin is the third coin released in the multi-year program. Designed by United States Mint Sculptor-Engraver Charles Vickers, the coin's reverse (tails side) depicts Thomas Jefferson's monument, located on the grounds of his Monticello estate. Inscribed on the coin is Jefferson's epitaph, which he wrote near the end of his life: "Here was buried Thomas Jefferson, author of the declaration of American independence, of the statute of Virginia for religious freedom and father of the University of Virginia. Born April 2, 1743, O.S. Died July 4, 1826." Additional inscriptions on the reverse include "United States of America," "E Pluribus Unum," "$10," "1/2 oz." and ".9999 Fine Gold."

    To place an order for Thomas Jefferson's Liberty First Spouse Gold Coins, visit the United States Mint's secure web site at www.usmint.gov or call 1-800-USA-MINT (872-6468). The proof version will be priced at $429.95 and the uncirculated version will be priced at $410.95. Bronze medals bearing the likeness of the coins, priced at $3.50, may also be ordered.

    To ensure that all members of the public have fair and equal access to United States Mint products, any order placed prior to the official on-sale date and time of August 30, 12:00 noon (ET) 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.



    Contact: Press inquiries: Michael White (202) 354-7222
    Customer Service information: (800) USA MINT (872-6468)
     
  19. Danr

    Danr Numismatist

    ok that is Jefferson,what about the other one, the Dolley Madison?
     
  20. Danr

    Danr Numismatist

    how do you get that RSS to work?
     
  21. Tater

    Tater Coin Collector

    The limit to one per household per option is a good thing.
     
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