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<p>[QUOTE=&quot;jay4202472000, post: 1831037, member: 42573&quot;]The reason the First Spouses coin series failed is because an expensive series of coins coincided with the most recessive economic period our great country has seen since the 1920&#039;s.&nbsp; When the first coins were released for purchase, they cost $410.95 (UNC) and $429.95 (PROOF), and the price of gold was at $656.30 per ounce.&nbsp; This was in 2007.&nbsp; The economy was still fairly strong and the first 3 spouses sold out the day of release.&nbsp; By 2009, the economy was in shambles, and gold had risen to over $900 per ounce.&nbsp; As the price of gold increased, so did the price of each coin.&nbsp; To make matters worse, they released 5 spouses instead of 4 this year.&nbsp; Therefore, if you wanted all five spouses in UNC and Proof, you would have spent over $6500 on 10 coins.&nbsp; How many people had that kind of spare money to spend on coins in 2009?&nbsp; These coins were just too expensive at a time of economic crisis.</p><p><br /></p><p>A lesson that collectors can learn from the failure of these coins is that no matter how &quot;hot&quot; a coin series seems to be, they can cool off very quickly.&nbsp; The first three spouses minted (Martha Washington,Abigail Adams, &amp; Thomas Jefferson&#039;s Liberty) we&#039;re set at a maximum mintage of 40,000 pieces.&nbsp; They sold out on the first day of release.&nbsp; From then on there was a rapid decline in collector interest.&nbsp; By the time Lucy Hayes came around in 2011, the mintage for the UNC pieces was a puny 2263 coins.&nbsp; That&#039;s like going from Death Valley to an Ice Age.[/QUOTE]</p><p><br /></p>

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