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.
latest ALL Four First Spouse Gold Coins Series 2 UNC & 2 PROOF Only 40,000 Max Mintage View similar active items Sell one like this $2,799.99 $35.00 Aug-10 09:46 elaine, you see what you want to see.
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.
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).
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:
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.
Agreed Centdime!!! Time to line up at the computer and phone's.... Get em boy's and gal's get while ya can. encil: RickieB
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?
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
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?)
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)