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<p>[QUOTE="jaceravone, post: 615690, member: 9474"]Just nice to see the price of gold tank here in the past few days. For us First Spouse collectors, this is welcomed news. As most collectors know, the price of precious metal coins purchased through the mint could have their price changed on a weekly basis depending on the London Fix Average. In the last few weeks, we saw the price of gold rise thus increasing the purchase price of the First Spouse coins, which were coincendently pushed back to a July 1st release date. Early last week, the London Fix Average was near $960, thus pushing any precious metal coins to the next pricing level. As I write this, the London Fix Average is $932. Assuming that the price of gold stays where it is, the mint will have to lower their sales prices this coming Thursday to reflect their new sales tiers. As far as I am aware, the mint has done a great job sticking to their new pricing tiers and adjusting the price only when the price of gold crosses their set marks.[/QUOTE]</p><p><br /></p>
[QUOTE="jaceravone, post: 615690, member: 9474"]Just nice to see the price of gold tank here in the past few days. For us First Spouse collectors, this is welcomed news. As most collectors know, the price of precious metal coins purchased through the mint could have their price changed on a weekly basis depending on the London Fix Average. In the last few weeks, we saw the price of gold rise thus increasing the purchase price of the First Spouse coins, which were coincendently pushed back to a July 1st release date. Early last week, the London Fix Average was near $960, thus pushing any precious metal coins to the next pricing level. As I write this, the London Fix Average is $932. Assuming that the price of gold stays where it is, the mint will have to lower their sales prices this coming Thursday to reflect their new sales tiers. As far as I am aware, the mint has done a great job sticking to their new pricing tiers and adjusting the price only when the price of gold crosses their set marks.[/QUOTE]
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