Jefferson First Spouse lets speculate

Since these coins are not even issued the potential value is as yet undetermined. It may be better
to revisit this issue in a year.

 

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What seems weird to me about this thread is that it's kind of about making money. Money is good. Who buys these coins on the secondary market? Collectors.

Are they the ones on these forums which are mostly collectors? No.

So what are we then?

Just a silly thought. Have a good evening all.

 

"Volatile and thinly capitalized"

That is a good description of the coin market,taken from pcgs's price guide site. If you're investing or speculating in modern coins, you're somewhere between drilling oil wells and investing in penny stocks.​

Yes, as a collector I'm getting worn down and tired of the marketing schemes.I really wish Congress and the mint would quit the "limited " numbers game; make the coins and let them sell on their own merits.The basic idea is great:histoical people and events commemorated on U.S. coinage!​

Well now, let's see. Won't there be about one and one half miilion spouse coins when this over? Providing the Secretary deems it appropriate to keep the numbers at twenty thou of each offering.A lot of people could have one!​

It's been mentioned the cost of putting together sets--far reach for a lot of collectors! So now to the point:these coins will end up standing on their own individual merit,at least in the long run.​

I think that many of these coins will be as intended (bullion) . So now what do you think of the eye-appealing Jefferson coin? (the one that everyone will want over the majority of the others!) Big daddy/momma/ key-could very well be! Plus it probably already has a substantial collector base due to the mint limits.(yes this is a good thing for long term appreciation.)​

Aside to tater: a proven rarity is always a better investment. But as a collector, if you would want one of the spousal golds,Ya gotta love this one!!​

Gold was over $800 per oz. back in the early eighties;would that exterpolate to $1200 today?(youve always got 1/2 oz. of gold !)​

 

The price of gold and silver are funny. I think the world is pretty unstable so the price is high, under Clinton gold was under $400.

 

shipping date moved again

shipping date for spouse gold was moved again to aug.31,2007. that is non-sense.

 

Not mine:

2007 FIRST SPOUSE GLD UNC (TJ) 1 $410.95 $410.95 1 unit backordered. Expected to ship on 09/24/2007.
2007 FIRST SPOUSE GLD PRF (TJ) 1 $429.95 $429.95 1 unit backordered. Expected to ship on 09/24/2007.

 

This is when I got back into coins. I bought 2 St Augs $20 pieces and a Liberty $20 piece MS 62-63 for $325- $350. Can wait for those days to roll back around and they will.

 

finally

i cancelled by spouse order today. no plan to buy any in the future. i don't collect gold.

 

Prices going DOWN on ebay. Prices over the weekend reached $800 for the proof and now at $550. I think we are going to see these prices until early December where they might start going up. Market is currently flooded.What do you think?

 

As far as the Jefferson goes, I would not speculate until people have them in their hands. All those pre-sale coins are suspect auctions at best which will naturally drive the price down on those. As far as the others, I'm not surprised to see the price drop (if they have as I have not checked) now that the Liberty Spouse is entering the market.

Elaine - You just made one customer a very happy camper!

 

current prices

first spouse hit a low of $440.00 while 3rd spouse got $527.00. a lousy premium.

 

I have both on back order, but I don't think it' a good investment, there isn't 20000 gold spouse collectors, a lot from the first 2 of series were bought by speculators who want to flip for profit. Jefferson spouse have nice design, I doubt most of the spouse coins will be worth more than $450 in 5 years. Maybe Bush spouse will be good investment cause nobody will want to buy it and it might have 1000 mintage.

 

no big jump

as i said before. when coins are distributed equally among collectors. and there were no speculators and investors around. the coin will not go up. it is just like stock market. where institutional and insiders pushes the share price up and down. for private individual investors. the price simply can not moved.

my recommedation is cancelled your order. if you have one, sell it. this series is just like modern commems. it is dead.

 

You do NOT collect coins at all. "if you have one, sell it. this series is just like modern commems. it is dead" We collect because we like it, history, aesthetics etc.. not because a given coin didn't jump 150% in price after 6 days in the market we are going to cancel it or sell it. The jefferson liberty coin is a beautiful design. Few modern coins will have the same eye appeal.

 

you are wrong first spouse went qll the way down to 380 i saw one sale

 

Elaine I have been watching your posts for a few weeks now and you are the speaker of doom and gloom.

 

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