First Spouse coins available to order

The limit one per household per option. There are two options so that 2 coins, one per option, RIGHT?

 

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Yes, one coin per option. 2 coins total if you want one of each.

 

Reality bites!

Why doesn't the U.S. mint sell their commemoratives lik the Australian mint does? Well the was a lot of noise some years back made by dealers and speculators about how the mint was making too many of each issue and the collectors didn't want and wouldn't buy under these conditions...Uh-huh! (a lot of eighties issues were promoted to the moon and then quickly fell below issue prices: i.e. statue of liberty.) Well anybody loading up on these issues got burned. Collectors mostly began waiting till prices went down, and dealers and speculators couldn't make a killing! Also realize that not enough collectors objected to this line of thinking,and so went along by default! Now this is political; the squeaky wheel gets the grease;as also those that grease the wheels of Congress get the favors. And an addendum to all of this, is that the good old mint forgets that everything they make has a very high profit margin to it. Their view is because the specialty coins cost more to make, their books look better if they sell them all! So if you want a truly collector market on these coins, write your congressman and the mint and tell them so!

 

spouse gold crushed

now two gold coins traded below cost. $324.00 and $400.00. as expected and based on my 35 years of experienced. spouse gold really came down. as many others coin sold out from the mint did came down.

 

The ones sitting out on the Bay now look to be doing just fine. The one about to close in 25 minutes is in the mid 500's (260150904079) - Peter has some closing in 7+ hours that are well above that.

 

I'll play - due to the limit I think it will take a little longer - 6 hours. Phones are going to be slammed, I hope they have prepared...

 

Please post item numbers?

 

i didnt now that figments of imagination had item numbers

 

i for 4 hours one for 6 anyone else?

 

I have a couple of sets (all 4 coins) to sell. It seems to me that "complete" sets are selling for a premium over the individuals. I think we're seeing a temporary decrease in the selling price because of over supply and perhaps some urgency on the part of sellers to get their investment back. Once this settles out, I think the prices will increase again.

 

well el tm e know if you find any under issue price

 

hopefully if people lose money they wont hoard and the next coins will be more easily available to genuine collectors

 

The next issue will be interesting because there are two competing effects. The drop in price of the first two issues will hopefully temper enthusiasm for quick profiteering. On the other hand, the Jefferson non-spouse coin is absolutely gorgeous and I think people will want it for its own sake.

I'm glad the mint limited sales of the 3rd coin. I'm sure the dealers will still cheat by using their employees, but this will slow them down a lot.

 

I think the prices for these coins need to be looked at whether they are the UNC or the Proof version as it may be the UNC does fall close to bullion but the Proof keeps a decent premium long-term as the series matures.

Normally in the past the mint released these coins by demand and since the proof sell more the mintages were higher for the proof. But now we see an even split between the two and so I think the proof are the ones that will probably keep a premium. This next coin is also being drastically limited in the distribution so my guess is it will sell for more than that first two coins and due to the unique design will be more valuable, possibly the key coin of the four Liberty coin subset. I can't imagine them selling less than 20,000 of any of the Liberty coins in UNC or proof so if you only buy one spouse coin get this one to hold.

Next year there will be two Liberty coins released:

2008
5 Elizabeth Monroe 1817-1825
6 Louisa Adams 1825-1829
7 Andrew Jackson's Liberty 1829-1837
8 Martin Van Buren's Liberty 1837-1841

So by the end of next year we will have a set of three of the four coins. The fourth will come out in 2010 and then it will be completed.

 

I wanna play. I think it will sell out as fast as the first two spouses did. If the post I have seen are correct , the average order for the first two spouse coins were 3 per order. Now lets just say it took 2 hours to sell out the abbie and martha coins with this mintage of 80k coins. This would mean the mint took between 25,000 and 30,000 orders in less than two hours. If they take the same number of orders in the same period for the Jefferson liberty as they did did with the abby and martha, then this 40k mintange coin will be gone just as fast if not faster. Do not think we need to really look at the household order limits. How fast they will be able to take the orders will be the key to the speed of the sell out. Also the mint was caught off guard by the interest in these coins (as was the orderees). Think all will be a bit better prepared this go round.

Based on my above ramblins I will predict.

(1) If they last more than 2 hours ,I will be surprised.

(2) If they last more than 3 hours, I will be shocked

(3) if they last more than 4 hours, I be wrong.

from what I have seen on Ebay some good money was made on the first two. Even though they have cooled somewhat, people are still selling these thing for some nice premiuns. Good luck to all. Still have not made my mind up on what I am going to do. Morgans, walkers and mercurys have been calling to me lately.

 

They posted the Jefferson medal on the mint site under upcoming products, only $3.50 for those that don't want gold.

 

Alot of you have said that the dealers are still going to snatch these up by having their employees order for them. But if I worked at a coin shop I would know that these are good coins to own, why wouldn't the employees hang on to these themselves?

I know the Mint uses the billing address on the credit card used to make the purchase as the primary means of enforcing the limit on orders. But do they track IP's, or shipping address, or anything of that sort?

Saw the bronze one today and these are going to be beautiful coins.

 

The mint should use diferent types of Lady Liberty Heads to keep it more interesting.

I do think IMO that the Jeff Liberty will cause the first two coins to take a dive

 

who has any info on the one after Jefferson?

 

november 15 or 30th depending on when the mint wakes up for the dolly madison spouse