Home U.S. Coin Forum
Options

Eleanor Roosevelt 2014 First spouse Uncirculated Gold Sold out in 6 months. final sales # 1886, New

1356714

Comments

  • Options
    MsMorrisineMsMorrisine Posts: 32,230 ✭✭✭✭✭


    << <i>

    << <i>I was told earlier today that the final sales number of ER uncirculated gold is about 1880. Holy cow..... >>




    I hope that was a good source. I'll be sitting on my small hoard of 1 opened and 9 sealed, as if they are the Crown Jewels.



    For now. imagei feel good >>




    Check the Hoover, Coolidge, and Harding numbers.


    I think the Christmas sales did a lot of damage to sets and demand.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Options
    92vette92vette Posts: 528 ✭✭✭
    News flash? No one who owns an Eleanor is gonna be offering it to a dealer. Joke dealer bids are irrelevant where certain coins are concerned.
  • Options
    FullStrikeFullStrike Posts: 4,353 ✭✭✭
    100 ?

    This thread seems to be stuck. What up ?
  • Options
    pf70collectorpf70collector Posts: 6,504 ✭✭✭
    The series will end next year and will probably end in obscurity much like the state quarter program did when it ended. Out of sight. Out of mind. I do have a complete collection of the presidential and spouse medal sets and there are probably more collectors of these than the spouse gold.

    The liberty series and few of the spouses like Jackie, Eleanor R may hold on their own as one off collector coins. The 2015s and 2016s will probably be all low mintage coins. For a true rarity to appear it would have to be in the low 1ks which does not seem to be happening. I will keep my Eleanor R for now to see what happens, but once the series ends I believe there may be little interest in this coin too. Even the liberty raws have dropped in price recently. Some can be had a today's mint issue price for the other spouse gold.
  • Options
    FullStrikeFullStrike Posts: 4,353 ✭✭✭


    << <i>News flash? No one who owns an Eleanor is gonna be offering it to a dealer. Joke dealer bids are irrelevant where certain coins are concerned. >>



    Is it just my imagination or is the numisuniverse headed down faster than a German plane headed to a surprise landing in the Alps

    If this is the case then I'm going to be planning for some of those end of 2015 Hi-Relief Coins at 85% of melt value.
  • Options
    Preliminary sale number just out ER uncirculated at 1887, appears my source is good image
    To the free man, the country is the collection of individuals who compose it, not something over and above them. -M. Friedman
  • Options
    RaufusRaufus Posts: 6,784 ✭✭✭✭✭


    << <i>Preliminary sale number just out ER uncirculated at 1887, appears my source is good image >>



    1887. Wow.

    The Mint figures show 1909. This seems early for audited figures. Do you know how they come up with 1887 - not that that's much different than 1909 but just curious.

    As others have noted, some of the 15 and 16 issues could be even lower.

    Edited: According to Eric's book, p. 57, either number would make ER the 12th lowest mintage U.S. Mint State Type Coin in the last 200 years!!!
    Land of the Free because of the Brave!
  • Options
    92vette92vette Posts: 528 ✭✭✭
    I think we all get that dealers aren't interested in spouses right now. But they have been before and they will be again. Just as a heads up their interest in spouses will mark an imminent top in the market.
  • Options
    FullStrikeFullStrike Posts: 4,353 ✭✭✭
    Right now I think the bad taste of eating Gold Kennedys has ruined Dealers appetites for everything.

    image


    I got my Gold Eleanors and if necessary I'll chase another of the 2014's down. Looks like the low mintage will
    happen in one of the 2014 issues for sure.

  • Options
    kiyotekiyote Posts: 5,568 ✭✭✭✭✭
    At this point just a few hundred collectors in Europe and China could gobble up almost half the supply.
    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • Options
    RaufusRaufus Posts: 6,784 ✭✭✭✭✭


    << <i>Right now I think the bad taste of eating Gold Kennedys has ruined Dealers appetites for everything.

    image


    I got my Gold Eleanors and if necessary I'll chase another of the 2014's down. Looks like the low mintage will
    happen in one of the 2014 issues for sure. >>



    As MsM has noted, it would seem that 2015 and 2016 would have some contenders for the low mintage key as well:

    2015

    33 Elizabeth Truman 1945–1953
    34 Mamie Eisenhower 1953–1961
    35 Jacqueline Kennedy 1961–1963
    36 Claudia Taylor "Lady Bird" Johnson 1963–1969

    2016

    37 Patricia Ryan "Pat" Nixon 1969–1974
    38 Elizabeth Bloomer "Betty" Ford

    Chasing the key, esp. in MS70FS is an expensive game.

    I had hoped that I had it nailed down with my MS70FS Garfield. No such luck.

    I may have to settle for having the key raw unless it's clear which one it will be before the MS70FS prices skyrocket.

    In the end, I'll have one of each Liberty in OGP bought directly from the Mint, an Eleanor, a Jackie and whichever turns out to be the key, and perhaps a semi-key or two, likely raw.

    In years to come, assuming that no other issues touch these super low mintages the key and semi keys may well be great to own. My kids will find out.
    Land of the Free because of the Brave!
  • Options
    latest ER Uncirculated sale number 1881.
    To the free man, the country is the collection of individuals who compose it, not something over and above them. -M. Friedman
  • Options
    Yes, 1881 is the latest sale number and I expect that the sale number of Jacqueline's gold coin to be above 18810 in just a few month. At least a 10:1 ratio. Make me rethink Fama's efficient market hypothesis.

    To the free man, the country is the collection of individuals who compose it, not something over and above them. -M. Friedman
  • Options
    What is the low mintage First spouse Proof right now? is it also Eleanor!
  • Options
    FullStrikeFullStrike Posts: 4,353 ✭✭✭


    << <i>Yes, 1881 is the latest sale number and I expect that the sale number of Jacqueline's gold coin to be above 18810 in just a few month. At least a 10:1 ratio. Make me rethink Fama's efficient market hypothesis. >>



    I expect the Jackie Coin to catch on fire like the Baseball $5 Gold was on fire. Looking for a sellout of the entire 30,000
    mintage.

  • Options
    OverdateOverdate Posts: 6,941 ✭✭✭✭✭


    << <i>Yes, 1881 is the latest sale number and I expect that the sale number of Jacqueline's gold coin to be above 18810 in just a few month. At least a 10:1 ratio. Make me rethink Fama's efficient market hypothesis. >>


    In an efficient market, the Eleanor first spouse would still be on sale and the sales total for both proof and uncirculated would be higher. A combination of factors, many not market-related, restricted supply and drove up the price in the aftermarket.

    My Adolph A. Weinman signature :)

  • Options
    kiyotekiyote Posts: 5,568 ✭✭✭✭✭


    << <i>What is the low mintage First spouse Proof right now? is it also Eleanor! >>



    Proof Eleanor by a longshot, too.
    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • Options
    TwoSides2aCoinTwoSides2aCoin Posts: 43,863 ✭✭✭✭✭
  • Options
    TwoSides2aCoinTwoSides2aCoin Posts: 43,863 ✭✭✭✭✭
  • Options
    MsMorrisineMsMorrisine Posts: 32,230 ✭✭✭✭✭
    Nixon and Ford
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Options
    I estimate that there are about 900-1000 2014 spouse gold coins left in Mint's inventory. So everyone with 700k can instantly corners the market. Yes, 700k, The scary fact is that many many software engineers in the Bay area or quants on WS are nowadays making 700k a year(with options and bonus).
    To the free man, the country is the collection of individuals who compose it, not something over and above them. -M. Friedman
  • Options
    MsMorrisineMsMorrisine Posts: 32,230 ✭✭✭✭✭
    2016 will also have Nancy Reagan

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Options
    OperationButterOperationButter Posts: 1,672 ✭✭✭


    << <i>Chasing the key, esp. in MS70FS is an expensive game.

    I had hoped that I had it nailed down with my MS70FS Garfield. No such luck.

    I may have to settle for having the key raw unless it's clear which one it will be before the MS70FS prices skyrocket.

    In the end, I'll have one of each Liberty in OGP bought directly from the Mint, an Eleanor, a Jackie and whichever turns out to be the key, and perhaps a semi-key or two, likely raw.

    In years to come, assuming that no other issues touch these super low mintages the key and semi keys may well be great to own. My kids will find out. >>



    Thanks for sharing your story on these. I find it fascinating hearing how everyone interprets the series and its outcome. One thing that I would like to add to your commentary is that many of these (similar to the plats) will or have already been melted during the runup in gold (or next run up). What might seem to be the key now based on mintage might end up being unseated by one of the other coins in the series that had 10x the mintage. Never know what the surviving pop will be once the dust settles, the series is closed and matured.
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
  • Options
    pf70collectorpf70collector Posts: 6,504 ✭✭✭

    Do we have confirmation from the mint the Eleanor's are indeed sold out? Maybe the mint is waiting for additional product packaging boxes to put the Eleanor's in
  • Options
    FullStrikeFullStrike Posts: 4,353 ✭✭✭
    Actually the gang down at the shipping facility in Tennessee are holding back 1000 for private sales.

    Their kids need braces and educations after all. image
  • Options
    92vette92vette Posts: 528 ✭✭✭
    Someone else noted the inconsistency in the mint's weekly reporting. Lately the XLS spreadsheet numbers do not match up with the 'official' reports they put out every Tuesday. A couple weeks ago many of the '14 spouses experienced a sales surge--- according to the mint report--- that wasn't reported in the XLS spreadsheet. This surge also wasn't indicated in the "coins remaining" on their ordering page. It's likely, like Eleanor, there will be a downward numbers adjustment of the Hoover, Harding, Coolidge coins whenever they go off sale.
  • Options


    << <i>Do we have confirmation from the mint the Eleanor's are indeed sold out? Maybe the mint is waiting for additional product packaging boxes to put the Eleanor's in >>



    No, we do not. No First Spouse coins dated 2013 or 2014 are "sold out" according to the Mint's website.

    While ER coins currently hold the lowest mintage figures, this status is likely temporary given the numbers of the other 2014-dated coins.

    ... which makes this thread's whole conversation speculative, at best.
    Robert
  • Options
    MsMorrisineMsMorrisine Posts: 32,230 ✭✭✭✭✭


    << <i>Someone else noted the inconsistency in the mint's weekly reporting. Lately the XLS spreadsheet numbers do not match up with the 'official' reports they put out every Tuesday. A couple weeks ago many of the '14 spouses experienced a sales surge--- according to the mint report--- that wasn't reported in the XLS spreadsheet. This surge also wasn't indicated in the "coins remaining" on their ordering page. It's likely, like Eleanor, there will be a downward numbers adjustment of the Hoover, Harding, Coolidge coins whenever they go off sale. >>




    In the public world there are people that chase out the figures with all the returns and unsaleables

    In the past these numbers were lower than mint publicized numbers.

    I haven't compared the xls numbers to the numismatic press. I would not be surprised to see lower numbers mentioned "around" than on even the xls or numismatic media.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Options
    pf70collectorpf70collector Posts: 6,504 ✭✭✭
    Eleanor R gold spouse was taken off mint's the web site, so probably sold out.
  • Options
    92vette92vette Posts: 528 ✭✭✭
    Fewer than 100 Coolidge PR's remain
  • Options
    RaufusRaufus Posts: 6,784 ✭✭✭✭✭


    << <i>Eleanor R gold spouse was taken off mint's the web site, so probably sold out. >>



    Indeed. Looks like 1886 is the final sales number. Wonder whether the audit will be up or down. Either way, looks like the new key at least for a while.

    Interesting that it never was listed as "Sold Out" just taken down.

    The only Uncs currently lower than Eleanor are Harding, Coolidge and Hoover.

    There would seem me be a number of strong low mintage contenders coming up this year and next to unseat Eleanor. Being that I have a photo of my Grandmother with Eleanor I'll keep that one no matter what.
    Land of the Free because of the Brave!
  • Options


    << <i>Eleanor R gold spouse was taken off mint's the web site, so probably sold out. >>



    This is a very interesting development. Now we know that some US Mint coins could go from out-of-stock to soldout-and-completely-disappeared within a few hours/ WOW...
    To the free man, the country is the collection of individuals who compose it, not something over and above them. -M. Friedman
  • Options
    Edith Roosevelt Proof 4 left
    Harding proof about 40 left
    Grace Coolidge proof about 85 left

    It seems that all 2014 proof spouse will sell out in the next few weeks. If this is the case, the mint will produce more 2015 coins. Has the tide turned?
    To the free man, the country is the collection of individuals who compose it, not something over and above them. -M. Friedman
  • Options
    OverdateOverdate Posts: 6,941 ✭✭✭✭✭


    << <i>It seems that all 2014 proof spouse will sell out in the next few weeks. If this is the case, the mint will produce more 2015 coins. Has the tide turned? >>


    The Mint will likely produce more 2015 coins anyway, since the recent first ladies (especially Jackie Kennedy) are more recognized and popular than the previous ones.

    My Adolph A. Weinman signature :)

  • Options
    OperationButterOperationButter Posts: 1,672 ✭✭✭


    << <i>Edith Roosevelt Proof 4 left
    Harding proof about 40 left
    Grace Coolidge proof about 85 left

    It seems that all 2014 proof spouse will sell out in the next few weeks. If this is the case, the mint will produce more 2015 coins. Has the tide turned? >>



    Any update on how many is left?

    Roosevelt now sold out and not showing up on mints site.
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
  • Options
    I purchased a few Eleanor Roosevelts when they first went up for sale,
    got them graded at PCGS. But all came back MS69 image
    However I landed MS70`s on all three remaining 2014 Spouses.
    I Hope one of them unseat Eleanor. image
  • Options
    FullStrikeFullStrike Posts: 4,353 ✭✭✭


    << <i>

    << <i>Edith Roosevelt Proof 4 left
    Harding proof about 40 left
    Grace Coolidge proof about 85 left

    It seems that all 2014 proof spouse will sell out in the next few weeks. If this is the case, the mint will produce more 2015 coins. Has the tide turned? >>



    Any update on how many is left?

    Roosevelt now sold out and not showing up on minyt?ts site. >>





    3 , 44, 92

    Just checked those numbers. It seems there were returns. Probably someone wanting to get them at the lower price.
  • Options
    OperationButterOperationButter Posts: 1,672 ✭✭✭


    << <i>
    Any update on how many is left?

    Roosevelt now sold out and not showing up on minyt?ts site.



    3 , 44, 92

    Just checked those numbers. It seems there were returns. Probably someone wanting to get them at the lower price. >>



    Thanks!
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
  • Options
    Eleanor Roosevelt Gold coins are now really hot on bay. Several raw went for 1200-1300. A NGC MS 70 was just sold for 2200 (according to mint blog, I haven't found the lisitng yet)?
    To the free man, the country is the collection of individuals who compose it, not something over and above them. -M. Friedman
  • Options
    RaufusRaufus Posts: 6,784 ✭✭✭✭✭


    << <i>Eleanor Roosevelt Gold coins are now really hot on bay. Several raw went for 1200-1300. A NGC MS 70 was just sold for 2200 (according to mint blog, I haven't found the lisitng yet)? >>



    So glad that I sent three back image
    Land of the Free because of the Brave!
  • Options
    FullStrikeFullStrike Posts: 4,353 ✭✭✭
    3 - Edith Roosevelt Proofs

    43 - Florence Harding Proofs

    90 - Grace Coolidge Proofs




    These are rather slow crock pot type items




    Updated 9:05 PM 4-18-15



    2 - Edith

    42 - Florence

    91 - Grace
  • Options
    Edith Roosevelt Proof is just sold out. Harding and Coolidge proofs will soon follow suit. The tide has turned.
    To the free man, the country is the collection of individuals who compose it, not something over and above them. -M. Friedman
  • Options
    FullStrikeFullStrike Posts: 4,353 ✭✭✭


    << <i>Edith Roosevelt Proof is just sold out. Harding and Coolidge proofs will soon follow suit. The tide has turned. >>





    Sure enough the Edith Proofs are POOF


    Edith Roosevelt. - 0

    Florence Harding - 40

    Grace Coolidge. - 89
  • Options
    IrishMikeyIrishMikey Posts: 1,561 ✭✭✭
    If the collectors of First Spouse $10 gold really want to increase interest, all of you need to band together and boycott
    one of the upcoming issues. If the final number drops below 1,000 you will have a legitimate scarcity on your hands,
    if it drops below 500 you have a rarity. None of you will own one, of course, but interest would skyrocket for the entire
    series!

    Or not.... image
  • Options
    kiyotekiyote Posts: 5,568 ✭✭✭✭✭


    << <i>If the collectors of First Spouse $10 gold really want to increase interest, all of you need to band together and boycott
    one of the upcoming issues. If the final number drops below 1,000 you will have a legitimate scarcity on your hands,
    if it drops below 500 you have a rarity. None of you will own one, of course, but interest would skyrocket for the entire
    series!

    Or not.... image >>



    Time is on our side. image We just have to wait for 75% of these to get melted as frusterated owners dump them in local B&M coin stores and pawn shops.
    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • Options
    FullStrikeFullStrike Posts: 4,353 ✭✭✭
    Numismatics in general is going the way of the Pogues Collection. image


    The First Spouse series is even less loved than the Gold Kennedy. Forget it. Nothing can be done for the Spouses.
    Put them in a nursing home and let time perform its own cure.

    image
  • Options
    Florence Harding - 37

    Grace Coolidge. - 84


    More than 1900 Bess Truman gold coins were sold within one week. Yes, the tide has turned.







    << <i>

    << <i>Edith Roosevelt Proof is just sold out. Harding and Coolidge proofs will soon follow suit. The tide has turned. >>





    Sure enough the Edith Proofs are POOF


    Edith Roosevelt. - 0

    Florence Harding - 40

    Grace Coolidge. - 89 >>

    To the free man, the country is the collection of individuals who compose it, not something over and above them. -M. Friedman
  • Options
    FullStrikeFullStrike Posts: 4,353 ✭✭✭
    34 - Florence Harding Proofs left

    83 - Grace Coolidge Proofs left


    Somebody call 911 - Spouses are on Fire !


    *** 4-23-15. 7:50 PM ***

    31 - Florence Harding


    81 - Grace Coolidge
  • Options
    OperationButterOperationButter Posts: 1,672 ✭✭✭


    << <i>More than 1900 Bess Truman gold coins were sold within one week. Yes, the tide has turned. >>



    This is very interesting. Im working on some sales analysis on the FS series and look forward to seeing how this first week of sales compares to any first week for the other FS already offered.
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
  • Options
    FullStrikeFullStrike Posts: 4,353 ✭✭✭
    How will these Coins ever sell out? They're up they're down they're like a Yo-Yo.


    Florence - 33


    Grace. - 82

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file