Franklin Pierce was the fourteenth President of the United States. The Presidential $1 Coin honoring him shows his portrait on the obverse (as designed by Susan Gamble and engraved by Charles Vickers). The reverse of the coin shows an image of the Statue of Liberty designed by Don Everhart. The Statue of Liberty is actually found on the reverse of all of the Presidential $1 coins. Continue reading →
The United States Mint announced today that the 2010 Abigail Fillmore First Spouse Gold Coins will be released for sale on Thursday, March 18th, 2010 at Noon (Eastern Time). These coins are the first in the series to be released this year and are struck from one half ounce of 99.99% pure gold.
Collectors and investors have shown a nice demand for this series of coins. As almost pure gold, collectors view them as a part of their investment portfolios with the knowledge that their content and purity are backed by the US government. Collectors see the coins as nice numismatic additions that offer an extremely low mintage and the bragging rights of owning a gold coin.
Proof and uncirculated versions of the coin will be available upon launch. Past spouse coin sales show a strong preference among buyers for the proof quality but both typically see numbers well into the multiple thousands. Continue reading →
In what is sure to be a good day for collectors, five new products are being released by the US Mint tomorrow (December 3, 2009).
As previously posted, the Margaret Taylor First Spouse coins are two issues that will become available. These coins are struck from one half ounce of 24-karat (.9999 fine) gold to either a proof or uncirculated condition. These will be the last First Spouse coins to be released this year and are expected to initially sell for $754 for the proof and $741 for the uncirculated, based on the Mint's pricing matrix.
The US Mint has announced plans to begin selling the 1/2 ounce 24-karat gold Margaret Taylor First Spouse Gold Coins on December 3, 2009 at Noon (Eastern). It will be available in both proof and uncirculated versions.
A maximum mintage of only 40,000 has been put in place for the Taylor coins across both product options with the exact proof to uncirculated ratio being determined by demand. Also, the first week the Mint will enforce a 10 coins per product option per household order limit on the coins. It will re-evaluate the order limit after that time and adjust it if needed.
According to their website, time is running out for collector's to purchase several products from the US Mint. Some of these are individual coins while others are rolls or bags of coins and even some medals.
Probably the highest profile coin to be soon removed from availability is the Louis Braille Bicentennial Silver Dollars in both proof and uncirculated versions. These coins were initially released for purchase in March of 2009 and have a mintage limit of 400,000 across all product options.
The 24-karat 2009 Proof Buffalos have proved to be extremely popular since their release on October 29. US Mint sales figures show 19,468 one ounce proofs sold in the first few days, which is quite amazing when you compare it to the fact that only 19,591 were sold in all of last year for the 2008 versions.
Of course, last year the Mint offered fractional sizes of the Proof Buffalos as well as a four coin collector set. They were discontinued after a review of product offerings by the Mint. Still, with a price tag of $1,360, those who purchased fractional Buffalos last year did not necessarily upgrade to the one ounce size this year.
The Sarah Polk First Spouse Gold Proof and Uncirculated Coins will be officially released from the US Mint starting at Noon (Eastern) on Thursday September 3, 2009. These coins continue the series meant to celebrate the former first ladies of the United States.
Unfortunately, this comes a day after the Mint raised prices on gold coins based on their precious metals pricing structure. The London Fix on gold went above $950 which triggered the price change. Previous to this, the price has remained the same on the available gold coins since June 17th.
The Proof First Spouse coins will sell for $654 while the uncirculated version will be $641. These prices will remain the same, at least until next week when the Mint will re-evaluate based on the price of gold then.
Up to 40,000 of these Polk coins will be produced, with that number being split between the proof and uncirculated editions. The exact ratio will be dependant upon customer demand.
Sarah was only first lady for 4 years, as her husband only served one term. This did not stop them from making an impact on America, however.
For more information the coins and Sarah, click on the image above.