Will the First Spouse series ever go for much more than melt in the future?

Bithrate

From what I've seen, the secondary market hasn't really picked up for any of them.

What do you think?

commoncents05

I find it doubtful.

-Paul

lasvegasteddy

ms and pr 70's will survive

then the mint will accidently make some errors for error chaser's

they'll toss in some eye opening low mintage key to chase too

just not my boat at all as so many others...darn mint trying to snatch collectors $$$ away from us to buy real coins

TwoSides2aCoin

Thread Title: Will the First Spouse series ever go for much more than melt in the future?


The flippers sure hope so. The U.S. Mint does, too. Collectors are not concerned with their market value, per se. At least I am not. However, gouging (manipulation) prevents me from purchasing any at this time. I believe a lot of society caught on to the game and now fewer collectors will dabble in the game because of the "manipulation" that the mint and others have played with hype and well executed fanfare.
I suppose the spouse coin's price is going to end up the way gas prices are determined.
The mint has such "EGG" in the face now with platinum that the manipulation shows up like a marquis sign advertising
"NO GAS"



Overall, these might be okay for future collectors and market manipulators, but for us in the NOW,
it's a bunch of bullion. But, it's still a GOLD and it's still a U.S. Coin so it's safe to talk about here .

( don't ask me how I really feel )

ebaytrader

When an issue is minted with BU $5 Robinson numbers, it'll carry a premium. Until then, it's nice bullion.
Then again, if there's a good promotion with strong money the prices will rise quickly.

291fifth

Nothing but melt for the foreseeable future. No real collector interest evident.

They may become popular 10-20 years down the road, but will you still be alive to experience it?

ricko

The series was DOA ..... ugly, uninteresting and overpriced. The only thing going for it is the composition - gold. Cheers, RickO

Goldbully

Hope I'm alive when the 'Hillary' version comes out!!!!

Wonder if she'll be in a pants suit???

Steve27

First Spouse coins are the Classic Commemoratives of the future.

Goldbully

<< <i>First Spouse coins are the Classic Commemoratives of the future. >>




Don't think so, Steve!!!


edited to add: RickO is correct.....'DOA'

ProofCollection

There will be some rare issues because people are unwilling to pay the high prices right now.

GritsMan

It's hard to imagine many people coveting and collecting these as an entire series. Perhaps, they will be viewed as individual items more, with some issues having high demand and most, not. I have no doubt, however, that certain low-mintage issues will eventually command a premium, but I think the mintages will have to be even lower than Jackie or LOC to get that premium. I am VERY surprised at just how sluggish Jackson's liberty sales have been. I thought they'd at least surpass Louisa the first couple of weeks.

IrishMike

Even as eclectic a collector as I am I have absolutely no interest in over paying for a gold coin. Translated, I see little value added to them numismatically. In the long term any thing is possible.

Steve27

<< <i>

<< <i>First Spouse coins are the Classic Commemoratives of the future. >>




Don't think so, Steve!!!


edited to add: RickO is correct.....'DOA' >>




You should research Pan-Pac gold commemoratives (no one liked or wanted them when they were first issued).

ElKevvo

I hate to admit it as I was hoping to put together a set but no, I don't think so....the designs for the most part are boring and repetitive, and collecting the whole series itself is very expensive. I think the 4 non spouse coins might be the most collectible, IMO there will be few who collect the entire series and there will be enough to go around to satisfy the demand.

K

OPA

Only time will tell & my crystal ball hasn't been correct as far as this series is concerned. The Mint killed the flippers market for this coin after the Jefferson coin by.

a) limiting the number of purchases per household
b) unreasonable priced after the Jefferson

Limit for the Jackson is 10, but to late for this series for it to be revived ... it may not be DOA, but as long as the flippers are not interested, this series for the most part, will only be worth bullion. Rarereties will definitely occur for this series, but the question is, will they demand a premium?

JazzmanJAB

<< <i>Hope I'm alive when the 'Hillary' version comes out!!!!

Wonder if she'll be in a pants suit??? >>




Don't they have to be dead to get a coin ?

fishcooker

Coins in the series will definitely go for much more beyond melt. The question is - will one lose more on the pile of losers than is made on the winner?

AlixTCat

<< <i>

<< <i>Hope I'm alive when the 'Hillary' version comes out!!!!

Wonder if she'll be in a pants suit??? >>




Don't they have to be dead to get a coin ? >>



I thought that was only for stamps. Is it coins too?

Jonathan

doh

Ugh, of course not.

ONETHREE

I am still going to collect the liberty short set. Why? Because I like them (gasp), and they will always have a melt value.

The closing price of gold on 12/31/1970 was $ 37.60 per ounce.
The closing price of gold on 12/31/1999 $287.50
The closing price of gold on 01/14/2008 $ 904.80

ricko

To put it succinctly..... BLECCHHHHHHH Cheers, RickO

ONETHREE

<< <i>To put it succinctly..... BLECCHHHHHHH Cheers, RickO >>



Aww. Now you have gone and hurt my feelings.

Here is one for your viewing pleasure Ricko:

BECOKA

Guess I am one of the few who actually like the series. I just can't afford it and gave up when the value of gold put this series out of reach.

If they actually complete this series I believe there will be enough ups and downs in the series to where there will be some that are difficult to obtain in the future and those will go for a premium.

wayneherndon

Yes, interest will decline to the point that sales are low four figures. Some of those pieces will then carry a premium (and be ripe for promotion). Forget about any with a combined mintage above 10,000.

WH

lasvegasteddy

i should add kennedy's jackie will do ok

Artist

Probably yes.

This whole series - from its obscure subject premise to its banal design parameters - is just a blatant effort to gouge and capitalize on collector & flipper loyalty. Being completely devoid of any real relevance or artistry, the only true worth these coins possess is that which stems from the metal they are made of, and as such I think they will be valued accordingly in time.

Bithrate

Yeah, I think it's an interesting series - I haven't bought any, but I'm interested in what keys will come out of it.

Swampboy

<< <i>There will be some rare issues because people are unwilling to pay the high prices right now. >>



I agree and I thank that's what Wayne points out as well.
Can smoeone post the mintages on each issue so far?

This design is tremendous and it's really an inexpensive way to enjoy the beauty
of proof gol.

lope208

i think all the proofs would look great in a Dansco album together.

That said, I'm not collecting at issue price. Perhaps I should hunt for good deals on these in the secondary market next time I'm looking for gold.

TwoSides2aCoin

The obverse is fantastic
Here was buried on the reverse "kills" it for me

illini420

<< <i>

<< <i>

<< <i>Hope I'm alive when the 'Hillary' version comes out!!!!

Wonder if she'll be in a pants suit??? >>




Don't they have to be dead to get a coin ? >>



I thought that was only for stamps. Is it coins too?

Jonathan >>



Under the law, there will be a First Spouse coin for each Presidential Dollar issued. For the presidential dollar to be issued, the president can't be living. So, as of today, Hillary would not get a coin, but Nancy Reagan will.

I think some of the coins already trade at a premium of melt. Trying buying a Jackson Liberty right now for melt... you can't!!! Might get one for less than the issue price, but you won't get it for melt just yet.

The Washington and Abigail Adams on the other hand, hardly sell at melt price based on my experience. Sold a few to the local B&M for melt -3%. Have a few more on the BST now for just over melt and they just aren't moving at all. The flippers flooded the market with those for sure.

OPA

<< <i>Trying buying a Jackson Liberty right now for melt... you can't!!! Might get one for less than the issue price, but you won't get it for melt just yet. >>



.. if luckly u can get them below melt.
Item #1 (below melt)
ditto ..
The above 2 items are now below melt, but at the time of sale, above melt.

2 coin set proof & unc..$834 .. just sold recently (9/21)
ebay link

illini420

<< <i>

<< <i>Trying buying a Jackson Liberty right now for melt... you can't!!! Might get one for less than the issue price, but you won't get it for melt just yet. >>



.. if luckly u can get them below melt.
Item #1 (below melt)
ditto ..
The above 2 items are now below melt, but at the time of sale, above melt.

2 coin set proof & unc..$834 .. just sold recently (9/21)
ebay link >>



Those are all Jefferson's Liberty, those frequently can be found just over melt since there are 20,000 of each out there which were originally purchased for around $425 each. I was suggesting that the newly released Jackson's Liberty can't be found for melt as there are likely few sellers at today's melt price given it's $600+ price tag.

Classof67

Not looking too good.

OPA

<< <i>

<< <i>

<< <i>Trying buying a Jackson Liberty right now for melt... you can't!!! Might get one for less than the issue price, but you won't get it for melt just yet. >>



.. if luckly u can get them below melt.
Item #1 (below melt)
ditto ..
The above 2 items are now below melt, but at the time of sale, above melt.

2 coin set proof & unc..$834 .. just sold recently (9/21)
ebay link >>



Those are all Jefferson's Liberty, those frequently can be found just over melt since there are 20,000 of each out there which were originally purchased for around $425 each. I was suggesting that the newly released Jackson's Liberty can't be found for melt as there are likely few sellers at today's melt price given it's $600+ price tag.

Me bad..your correct...the Jackson Liberty are in a different ballpark...
high price & few sales.

Artist

<< <i>
The obverse is fantastic >>





Or at least I would agree if the year were 1795.

Truly, I think Sally Hemmings should have been honored on this coin - she was good enough to bear at least one child & probably five more for Jefferson (as is the official position of the Thomas Jefferson Foundation) and yet in leu of any kind of homage to her, with this series we get a warmed-over Lady Liberty and a rendition of the man's Tomb Stone. Gosh that's awesome.

Placid

Probably, but not for a very long time.

Joflax

<< <i>Nothing but melt for the foreseeable future. No real collector interest evident.

They may become popular 10-20 years down the road, but will you still be alive to experience it? >>

In 20 years time the mint will still be trying to offload the Monroe's and Madisons....no interest here!