First Spouse 2012

Comments

• MsMorrisine Posts: 35,932 ✭✭✭✭✭

  January 17, 2013 11:36AM

  there are a few die hard collectors of the series on here.
  
  one year after the next the sales numbers (mintages) seem to go down.
  
  

  Current maintainer of Stone's Master List of Favorite Websites // My BST transactions

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• dpoole Posts: 5,940 ✭✭✭✭✭

  January 17, 2013 12:11PM

  I've been buying them, essentially as long-term bullion holds, with the off-chance that there may be a diamond in the rough mintage- and market-wise in the far future.
  
  In the near and medium term, though, the consensus seems to be that they by and large are unattractive, over-priced and unpopular. The appealing and possibly redemming practice of using contemporary coin designs in lieu of First Spouse surface subject matter for the single or widowed presidents ( Jefferson, Jackson, Van Buren, Buchanan) fell apart with the PC decision to put a suffragette (Alice Paul) on the Chester A. Arthur issue.
  
  Obviously at some point in the future, social and other circumstances may ignate a particular interest in this series, at which point the low mintages (as well as the gold content) may emerge as sudden and dramatric points of strength and appreciation.
  
  At this point, though, the consensus likely is that this money would be better spent elsewhere in the world of numismania.
  
  But recall: contrarians sometimes win.

  
  Here's a warning parable for coin collectors...
  
  
  
  

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• JedPlanchet Posts: 908 ✭✭✭

  January 17, 2013 10:00PM

  You could also argue that the Presidential Dollar series is also misconceived. Especially since they stopped really circulating them.

  Whatever you are, be a good one. ---- Abraham Lincoln

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• Senex Posts: 483 ✭

  January 17, 2013 10:24PM

  
  
  << <i>What are people's opinions of the 2012 first spouse coins? The mintages appear to be very low - I don't know if any of them will end up being a key date? There has been little in the way of discussion on this series. Is there a potential for profit from these years? >>
  
  
  I personally have a few of these. The recent issues have very low mintages it's true but interest in the series is almost nonexistent.
  They are severely overpriced by the Mint.

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• s4ny Posts: 1,573 ✭✭✭

  January 18, 2013 12:39AM

  As investments, with their bullion content and low mintages, they are probably worth a shot.

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• Overdate Posts: 7,159 ✭✭✭✭✭

  January 18, 2013 1:02AM

  We'll have a better idea of the scarcity of the 2012s when one of the designs sells out. My guess is that mintages of the proofs will be similar to the 2011 mintages, between 3600 and 4000, which seems to be in line with demand. The uncirculated versions may see higher numbers, my guess is around 2500 to 3000, since the Lucy and Lucretia both sold out at about 2250 each and are enjoying a nice premium in the aftermarket.
  
  The multi-year run of mostly obscure presidents and their even more obscure wives is coming to an end. If the price of gold doesn't go totally ballistic, the 2013 and later issues featuring better-known 20th century presidents' wives may enjoy a boost in mintage and popularity, and may spark additional interest in and demand for the earlier coins in the series.

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