New lower max mintage for Spouses

http://mintnewsblog.blogspot.com/2010/03/abigail-fillmore-first-spouse-gold.html

The USMint are lowering max mintage for Spouses from 40,000 to 15,000 across all options (no household limit). Any thoughts on this?
Will this cause future sell outs?
Will this cause a sellout on the Lincoln Spouse?
any thoughts?

 

Log in or Sign up to hide this ad.

I think it will bring interest from the speculators, but that they will lose on them big time because nobody collects these coins, beyond as bullion. Beyond bullion, I don't think that there will ever be any interest in them with the exception of a certain few specific coins.

 

Another poor marketing idea to boost sagging sales in a failing modern series...

 

will have zero impact

 

Some people seem to be acquiring them for the recent low mintages. I think this move in significantly lowering the mintage cap reduces the fear that some have had about the Mint flooding the market with unsold coins from the vault at a later date. So, I think it may keep the current purchasers on board but will probably not have a great impact on adding too many new collectors. I cannot imagine the demand for this series ever increasing other than for the Liberty series and few select spouses (such as Jackie Kennedy). TC

 

IMHO this new max is going to be a problem when it comes to Jackie Kennedy, but I don't see people getting lathered up over Lady Bird Johnson or Bess Truman.

 

Is that a die clash on my Eleanor Roosevelt... Nah, that's justa' her face!

just kidding...

 

I don't know for certain, but haven't all the sales been below 15K anyway? I don't think this will have much impact.

 

my point was that when the Kennedy coin comes out there will be a much larger demand for it. The Mint in their infinite wisdom has now created a problem where none existed. let me explain:

Typically mintages on these coins have been under 15,000 total coins. If that's true then the new limit really has no effect. The problem is that when a bigger demand coin comes (e.g.-Eleanor Roosevelt) the Mint will be unable to meet demand for those coins.

They have created a problem where one previously didn't exist.

That said, it would be better to be able to mint 40,000 coins if demand existed.

 

I think the Mike has analyzed it correctly. Dropping the maximum from 40K to 15 K really has no effect since 15K is about all they have benn able to sell lately anyway, but it may cause a problem for those few issues that have the potential for selling a higher number such as Mary Todd Lincoln or Jacquiline Kennedy.

 

wasn't the limits 20,000 & 20,000 for a max of 40k. is the 15,000 limit the same 7,500 for each or just like the commens total of 15k. If its 15k total the Lincoln Unc will sell only about 5,000. That would be one of the key spouse coins.

 

Boring, snoring, nobody collects these at all. It's only bullion and tired bulllion at that.

 

Wrong! Now go back to you pennies...

 

Ah....gotcha. Yes, you are correct there.

I have purchased these coins all along, and I like them. If I am unable to complete my set by purchasing from the mint, I will be very upset.

 

I wonder if others find most these coins plain ugly? My primary motivation for collecting coins, currency, medals is beauty and craftmanship. As a group these almost two dimensional coins are some of the least desirable I've seen. (I did miss out on a couple of the early coins that I liked)

 

Your right Ill go back to Mr. Lincoln, he's the best!

 

15000 total across all options not 7500 7500

 

that was the only one that I bought. I love the design! I got mine from the Mint, so I got them for as little as I could. I don't normally buy gold and this coin was my first. That's how much I liked the design!

 

I think that too many of the designs have been the work of illustrators and not sculptors, and the designs all seem to follow the same sort of perspective, a sort of full face view with some attention paid to hairstyle and dress, but there is nothing there (except for the deja vu designs) that seem to be the product of inspiration, and those designs inspiration are probably not the sort of thing that our government today wants to encourage.

I would love to see the products of some sculptors who have studied the lives of the first ladies and have fallen in love with them, the ones I have seen are workmanlike and fairly good representations, but they lack any sort of passion or flair. The Dolly Madison silver commemorative is an example of what the first spouse series could have been.