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<p>[QUOTE="Kasia, post: 1833401, member: 31533"]I think this series was not well planned from the start, and that later management decisions, along with rising gold prices did doom it. First it wants to feature 'first spouses' (which if the president was married will be all women, as no president has been female) so it featured a PC type term in there that is pretty much a sterile term to a lot of Americans. Secondly, the wives (or consorts, whatever) of presidents for the most part have never been prime fodder for collecting. For the most part, people really aren't interested in them. The only thing that at the start of this seemed prime was to have someone collect a somewhat small series over time that had the distinction of being valuable because it was a limited release and in Gold, and that the reverses might be interesting as they were different and were supposed to relate to that spouse, preferably during the president's term in office. But the mint has issues anyways with deciding on a reverse that will be interesting enough to have someone want to look at the coin and this presented problems later on when the design of some couldn't be finalized enough to release the coins in the right timeframe or cause production problems. Then, they did not account for a possible run-up in price of the gold to the levels it saw. Enough collectors might have purchased from the mint to have the program go strong enough for the mint but for the rise in gold price and production delays meant a number of the first interested collectors no longer could see continuing them. Lastly, without a strong collector base (which this series didn't have really to begin with) when gold soared, a number of the first coins supposedly were sent to the melting pot, with the assessment that there was no real premium over gold price for the coins. Lastly, with it tied to the release of presidential dollars (which are not really accepted in use, and which I think don't have a strong collector base) and which are now bogged down in releases, it means that the FS series will inevitably be bogged down or stopped. Who wants to collect a series like this? I don't. I think this could have been a nice little series for some, but I am not in that group. The concurrent releases or closely related in time releases of coins with different reverses (quarters, nickles, cents, Sacajawea dollars) is mind-boggling. The only lure in on this one would be one who wanted to see nice portraitures of ladies on coins (probably more than I would think) <u>and</u> who wanted to buy gold coins/could afford a gold coin series, as well as afford price changes up and to hold on to the coins they got at the lower prices when/if gold went up (hope for numismatic value).[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 1833401, member: 31533"]I think this series was not well planned from the start, and that later management decisions, along with rising gold prices did doom it. First it wants to feature 'first spouses' (which if the president was married will be all women, as no president has been female) so it featured a PC type term in there that is pretty much a sterile term to a lot of Americans. Secondly, the wives (or consorts, whatever) of presidents for the most part have never been prime fodder for collecting. For the most part, people really aren't interested in them. The only thing that at the start of this seemed prime was to have someone collect a somewhat small series over time that had the distinction of being valuable because it was a limited release and in Gold, and that the reverses might be interesting as they were different and were supposed to relate to that spouse, preferably during the president's term in office. But the mint has issues anyways with deciding on a reverse that will be interesting enough to have someone want to look at the coin and this presented problems later on when the design of some couldn't be finalized enough to release the coins in the right timeframe or cause production problems. Then, they did not account for a possible run-up in price of the gold to the levels it saw. Enough collectors might have purchased from the mint to have the program go strong enough for the mint but for the rise in gold price and production delays meant a number of the first interested collectors no longer could see continuing them. Lastly, without a strong collector base (which this series didn't have really to begin with) when gold soared, a number of the first coins supposedly were sent to the melting pot, with the assessment that there was no real premium over gold price for the coins. Lastly, with it tied to the release of presidential dollars (which are not really accepted in use, and which I think don't have a strong collector base) and which are now bogged down in releases, it means that the FS series will inevitably be bogged down or stopped. Who wants to collect a series like this? I don't. I think this could have been a nice little series for some, but I am not in that group. The concurrent releases or closely related in time releases of coins with different reverses (quarters, nickles, cents, Sacajawea dollars) is mind-boggling. The only lure in on this one would be one who wanted to see nice portraitures of ladies on coins (probably more than I would think) [U]and[/U] who wanted to buy gold coins/could afford a gold coin series, as well as afford price changes up and to hold on to the coins they got at the lower prices when/if gold went up (hope for numismatic value).[/QUOTE]
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