I have a few Overdate for the obverse only.....yet, the boring reverses fall quite short unless you see some of the really bad earlier and later obverses.
So, due to the consistently bad reverses on the series, even on the subset, I can't get excited.
I look at the platinum's or the Eagles or the UHR's or the new Liberty's or the buffaloes in any denomination and I just see no reason to throw my money at these.
The Gold Spouse coins, for me at least, are a nice contrarian play and have been now for many years. And, yes, I would have thought the demand may have picked up a bit at this point and perhaps this contrarian play may end in a total disaster for me especially if Gold spot crashes from here. But, sometimes things take a decade or two to "play out" as is clearly the case with these Gold Spouse coins (FS 70's especially) that are about to enter "Decade 2".
That said, I personally had the strongest monthly sales of Gold Spouse coins in December as I have had in years, but ended up spending 3x the amount that I sold on fresh new inventory for the future (with the majority of these new purchases NOT being US Mint product). Make no mistake about it, I am not following the "dealer play book" for making money in my pursuit of these spouse coins. Good chance I believe it will be "boom or bust" for me on these coins down the road! I did get my mother into some spouse coins though in 2016 (always a good barometer of how one feels about a coin - right?) - right around "melt" of course. And, I felt good about it; they will likely be easy for her to toss into the melting pot around gold spot down the road ! LOL.
As always, just my two cents.
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
I am also a fan of these as a contrarian play. Especially now with gold reasonably priced well below the average the past several years. I believe any genuine, slabbed, especially FS spouse coins with mintages below 2,500 should end up being a very good investment. Certainly better than treasury bonds which pay nearly the lowest interest in 30 years. Inflation is a real threat, and will continue. Gold will have its day again and these may even get interest from Chinese and other new millionaires looking for alternative investments that are rare.
@MilesWaits said:
I have a few Overdate for the obverse only.....yet, the boring reverses fall quite short unless you see some of the really bad earlier and later obverses.
So, due to the consistently bad reverses on the series, even on the subset, I can't get excited.
I think the Jackson's Liberty proof is the best looking of the lot, both obverse and reverse.
Those are uncircs. I expect the proofs to do much better, as they are what a huge majority of actual collectors prefer. Four individual proofs in PCGS PR70 recently sold for $4192, and only the Buchanan was a First Strike.
"Lady Bird" Johnson 2015 First Spouse Series One-Half Ounce Gold Proof Coin "Lady Bird" Johnson 2015 First Spouse Series One-Half Ounce Gold Proof Coin West Point (W) 9 Item(s) In Stock
To the free man, the country is the collection of individuals who compose it, not something over and above them. -M. Friedman
Seriously though, if you were coins to buy, in theory the sooner the rest of the other ones will sell out. At this rate, I don't think Eleanor will be unseated.
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
Jacqueline Kennedy 2015 First Spouse Series One-Half Ounce Gold Uncirculated Coin Jacqueline Kennedy 2015 First Spouse Series One-Half Ounce Gold Uncirculated Coin West Point (W) 94 Item(s) In Stock
Final Mintage around 6700
To the free man, the country is the collection of individuals who compose it, not something over and above them. -M. Friedman
The mint is issuing too much "stuff," and collectors are getting tired of it. The spouse coins are among the worst of the "stuff" because there was not reason to issue. them.
As for Lady Bird Johnson, she was a decent person, but her husband was one of the worst presidents ever. You won't hear that from the college professors who admire his expansion of the welfare state, but who conveniently forget the Viet Nam War which he expanded to point of ruining his presidency. If they are of my generation, they undoubtedly participated in the Viet Nam War protests, which I also attended,, but they have since developed amnesia when it comes to that piece of history. Many young men of my generation came home dead or scared mentally or physically because of Lyndon Johnson's policies.
I despise Lyndon Johnson, and I say that unapologetically with no desire to ever withdraw that statement. His presidency was in many ways an abomination. He ranks above Franklin Pierce and James Buchanan because of his efforts for civil rights, but below Millard Fillmore and Zachary Taylor because of his lack of decency and honesty. I'd compare him to Richard Nixon if you want to rank him with modern presidents.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
Several of the very low mintage 2014 Spouses are available on the secondary market for less than $1000. I consider them to be good values at those prices.
So I just looked at the reverses of Nixon and Ford for the first time and was appalled at how uninspired they were. Certainly these women deserved more than that!!!
@kiyote said:
Now there are 73 Jackie Uncs left?! Is that a lot of returns or did the mint strike more?
There are probably some returns among those pieces. I know I got a "returned piece" when I bought a MacArthur commemorative $5 gold Uncirculated at the last minute. It had marks and was not a great piece.
With things for the flippers, it's MS-70 or nothing.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
I'm shocked to see ( 31 ) Jacqueline Kennedy BU first spouse Coins remaining in Stock this morning. This seems to be taking awhile, judging from some of the posts above.
21 Jackie UNCs left as of this morning, unless the mint decides to strike another 99 of them like they did a few months ago. Truman and Reagan UNCs sales are now both past Eleanor Roosevelt's final count of 1,886.
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
@FullStrike said:
1886 is a strange number. Did they strike 1900 and trash 14? More likely they did an even 2000 and lost 114.
In 10 years maybe they'll give us an answer.
That's how many that were sold. The unsold coins were sent to the melting pot.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
@FullStrike said:
1886 is a strange number. Did they strike 1900 and trash 14? More likely they did an even 2000 and lost 114.
In 10 years maybe they'll give us an answer.
That's how many that were sold. The unsold coins were sent to the melting pot.
I recall that the Eleanor Roosevelt unc. was actually sold out at 1886, and the price went up shortly after they were no longer available from the Mint.
See page 1 of this thread. The sellout occurred in early 2015 and the Eleanors were dated 2014, so they couldn't strike any more.
@kiyote said:
21 Jackie UNCs left as of this morning, unless the mint decides to strike another 99 of them like they did a few months ago. Truman and Reagan UNCs sales are now both past Eleanor Roosevelt's final count of 1,886.
Did they really strike more 2015-dated Jackies recently? I understood that Mint policy prohibited striking coins with previous years' dates.
Several of the very low mintage 2014 Spouses are available on the secondary market for less than $1000. I consider them to be good values at those prices.
I suspect that some of the earlier, high mintage issues will eventually surface as key dates. With a series like this, never popular and as part of the Mint's overproduction of everything numismatic - there is no telling how many got melted and how the distribution of each year's production will affect a collector's ability to find the one he needs, especially 20 years from now.
Q: Are You Printing Money? Bernanke: Not Literally
Other than maybe platinum eagles, I can't think of another series that's probably hit the melting pot more than the spouses. The .9999 fineness and lack of collectible demand would make it easy.
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
@kiyote said:
21 Jackie UNCs left as of this morning, unless the mint decides to strike another 99 of them like they did a few months ago. Truman and Reagan UNCs sales are now both past Eleanor Roosevelt's final count of 1,886.
Did they really strike more 2015-dated Jackies recently? I understood that Mint policy prohibited striking coins with previous years' dates.
I'm really not sure what happened. In the middle of June they were down to about 12 coins left. Then suddenly there were over 75 available.
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
The amount of hope for this series compared to the collector base is astounding. I applaud those that hold on despite all evidence to the contrary. As an aside, I continue to buy these and the gold Kennedys at spot, only, or below.
The amount of hope for this series compared to the collector base is astounding. I applaud those that hold on despite all evidence to the contrary. As an aside, I continue to buy these and the gold Kennedys at spot, only, or below.
I love the low-mintage game. This series is wrought with potentially low mintage keys. But, who's going to ever buy them?
I remember the proliferation of commemorative halfs such as the Booker T. Washington, Washington Carver and others that were issued in low numbers and multiple mintmarks but never gained traction for price appreciation when I was a kid.
I studied those low mintages and surmised what I might have done if I was a potential buyer when they were issued, knowing that the mintages were low. Buying them when issued would have been a mistake for the money spent.
Here we have a much higher cost series that has some of the same characteristics. Low interest, low demand. Questionable theme. Is it worth taking a stab at the lowest mintages before they go off sale?
The saving grace for this series is that they are made in gold, but the purchase premium is high, typical of any Mint precious metals products.
More negatives than positives. Just the type of situation that gets me thinking.
Q: Are You Printing Money? Bernanke: Not Literally
On another board someone posted that there were 10 available. I checked and there were 0. So either the report wasn't true or the 10 went really fast.
I don't think 10 Coins would go in a few hours.
****** OMG - Jackie is beautiful on the Gold FS Coin. It will be my mission in life to buy every one I see at a price 10 - 20 % below spot. I just can't see where I could go wrong with a mission like that.
Comments
I have a few Overdate for the obverse only.....yet, the boring reverses fall quite short unless you see some of the really bad earlier and later obverses.
So, due to the consistently bad reverses on the series, even on the subset, I can't get excited.
I look at the platinum's or the Eagles or the UHR's or the new Liberty's or the buffaloes in any denomination and I just see no reason to throw my money at these.
The Gold Spouse coins, for me at least, are a nice contrarian play and have been now for many years. And, yes, I would have thought the demand may have picked up a bit at this point and perhaps this contrarian play may end in a total disaster for me especially if Gold spot crashes from here. But, sometimes things take a decade or two to "play out" as is clearly the case with these Gold Spouse coins (FS 70's especially) that are about to enter "Decade 2".
That said, I personally had the strongest monthly sales of Gold Spouse coins in December as I have had in years, but ended up spending 3x the amount that I sold on fresh new inventory for the future (with the majority of these new purchases NOT being US Mint product). Make no mistake about it, I am not following the "dealer play book" for making money in my pursuit of these spouse coins. Good chance I believe it will be "boom or bust" for me on these coins down the road! I did get my mother into some spouse coins though in 2016 (always a good barometer of how one feels about a coin - right?) - right around "melt" of course. And, I felt good about it; they will likely be easy for her to toss into the melting pot around gold spot down the road ! LOL.
As always, just my two cents.
Wondercoin
Wondercoin,
I am also a fan of these as a contrarian play. Especially now with gold reasonably priced well below the average the past several years. I believe any genuine, slabbed, especially FS spouse coins with mintages below 2,500 should end up being a very good investment. Certainly better than treasury bonds which pay nearly the lowest interest in 30 years. Inflation is a real threat, and will continue. Gold will have its day again and these may even get interest from Chinese and other new millionaires looking for alternative investments that are rare.
My US Mint Commemorative Medal Set
I think the Jackson's Liberty proof is the best looking of the lot, both obverse and reverse.
My Adolph A. Weinman signature
"Lady Bird" Johnson 2015 First Spouse Series One-Half Ounce Gold Proof Coin
"Lady Bird" Johnson 2015 First Spouse Series One-Half Ounce Gold Proof Coin West Point (W) 43 Item(s) In Stock
Best weekly sales number for spouse coins in the past couple of years
16SB Patricia Nixon Unc. (2016) 1,477 1,531 54 Mintage limit 10,000
16SC Betty Ford PF (2016) 2,179 2,201 22 Mintage limit 10,000
16SD Betty Ford Unc. (2016) 1,437 1,501 64 Mintage limit 10,000
16SE Nancy Reagan PF (2016) 3,230 3,262 32 Mintage limit 15,000
Liberty subset, once popular, now buyer's market? $3200/ four ms 70.
http://www.ebay.com/itm/First-Spouse-Series-Gold-Liberty-Van-Buren-Buchanan-Jackson-Jefferson-NGC-MS-70-/322322300400
https://www.coinworld.com/news/us-coins/2017/01/buy-the-first-spouse-gold-coins-while-you-still-can.all.html
Those are uncircs. I expect the proofs to do much better, as they are what a huge majority of actual collectors prefer. Four individual proofs in PCGS PR70 recently sold for $4192, and only the Buchanan was a First Strike.
My Adolph A. Weinman signature
US mint latest effort to promote the 2015 leftover spouse gold coins.... when will they be removed?
Valentine's Day
This Valentine’s Day, give a gift that celebrates the love stories of our presidents and their first ladies.
https://catalog.usmint.gov/interests/valentines-day/
The longer they keep selling those others, the better it is for Eleanor Roosevelt Mint State coins? Wondercoin
"Lady Bird" Johnson 2015 First Spouse Series One-Half Ounce Gold Proof Coin "Lady Bird" Johnson 2015 First Spouse Series One-Half Ounce Gold Proof Coin West Point (W) 9 Item(s) In Stock
Only 9 left! These will be gone by August.
Seriously though, if you were coins to buy, in theory the sooner the rest of the other ones will sell out. At this rate, I don't think Eleanor will be unseated.
Blessings to anyone who believes in these coins, it may be a long wait. Only the lowest mintage are worth the risk IMHO at issue price.
How can you tell how many is in stock?
Jacqueline Kennedy 2015 First Spouse Series One-Half Ounce Gold Uncirculated Coin Jacqueline Kennedy 2015 First Spouse Series One-Half Ounce Gold Uncirculated Coin West Point (W) 94 Item(s) In Stock
Final Mintage around 6700
"Lady Bird" Johnson 2015 First Spouse Series One-Half Ounce Gold Proof Coin West Point (W) 8 Item(s) In Stock
Lady Bird proof is gone.. one less option for buyers. The sell outs should accelerate soon.
The mint is issuing too much "stuff," and collectors are getting tired of it. The spouse coins are among the worst of the "stuff" because there was not reason to issue. them.
As for Lady Bird Johnson, she was a decent person, but her husband was one of the worst presidents ever. You won't hear that from the college professors who admire his expansion of the welfare state, but who conveniently forget the Viet Nam War which he expanded to point of ruining his presidency. If they are of my generation, they undoubtedly participated in the Viet Nam War protests, which I also attended,, but they have since developed amnesia when it comes to that piece of history. Many young men of my generation came home dead or scared mentally or physically because of Lyndon Johnson's policies.
I despise Lyndon Johnson, and I say that unapologetically with no desire to ever withdraw that statement. His presidency was in many ways an abomination. He ranks above Franklin Pierce and James Buchanan because of his efforts for civil rights, but below Millard Fillmore and Zachary Taylor because of his lack of decency and honesty. I'd compare him to Richard Nixon if you want to rank him with modern presidents.
There's 70 unc Jackie Kennedys left-- it looks like that'll be the next one to go dark.
If you are under 40 you should buy several and just plan on putting them away for retirement.
bob:)
18 Jackie Uncs left.. don't everyone stampede to the door!
Several of the very low mintage 2014 Spouses are available on the secondary market for less than $1000. I consider them to be good values at those prices.
My Adolph A. Weinman signature
So I just looked at the reverses of Nixon and Ford for the first time and was appalled at how uninspired they were. Certainly these women deserved more than that!!!
Now there are 73 Jackie Uncs left?! Is that a lot of returns or did the mint strike more?
There are probably some returns among those pieces. I know I got a "returned piece" when I bought a MacArthur commemorative $5 gold Uncirculated at the last minute. It had marks and was not a great piece.
With things for the flippers, it's MS-70 or nothing.
TTT
I'm shocked to see ( 31 ) Jacqueline Kennedy BU first spouse Coins remaining in Stock this morning. This seems to be taking awhile, judging from some of the posts above.
21 Jackie UNCs left as of this morning, unless the mint decides to strike another 99 of them like they did a few months ago. Truman and Reagan UNCs sales are now both past Eleanor Roosevelt's final count of 1,886.
1886 is a strange number. Did they strike 1900 and trash 14? More likely they did an even 2000 and lost 114.
In 10 years maybe they'll give us an answer.
That's how many that were sold. The unsold coins were sent to the melting pot.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I recall that the Eleanor Roosevelt unc. was actually sold out at 1886, and the price went up shortly after they were no longer available from the Mint.
See page 1 of this thread. The sellout occurred in early 2015 and the Eleanors were dated 2014, so they couldn't strike any more.
My Adolph A. Weinman signature
Did they really strike more 2015-dated Jackies recently? I understood that Mint policy prohibited striking coins with previous years' dates.
My Adolph A. Weinman signature
I understood that Mint policy prohibited striking coins with previous years' dates.
That's been my understanding as well.
I knew it would happen.
Several of the very low mintage 2014 Spouses are available on the secondary market for less than $1000. I consider them to be good values at those prices.
I suspect that some of the earlier, high mintage issues will eventually surface as key dates. With a series like this, never popular and as part of the Mint's overproduction of everything numismatic - there is no telling how many got melted and how the distribution of each year's production will affect a collector's ability to find the one he needs, especially 20 years from now.
I knew it would happen.
Other than maybe platinum eagles, I can't think of another series that's probably hit the melting pot more than the spouses. The .9999 fineness and lack of collectible demand would make it easy.
I'm really not sure what happened. In the middle of June they were down to about 12 coins left. Then suddenly there were over 75 available.
10 Unc Jackies left as of today..
Anyone investing in this series be sure to go to church every Sunday.
Should we bring our Spouse?
My Adolph A. Weinman signature
3 Jackie UNCs left.. they could be gone by tomorrow.
Indicates the size of the actual market
No Way Out: Stimulus and Money Printing Are the Only Path Left
The amount of hope for this series compared to the collector base is astounding. I applaud those that hold on despite all evidence to the contrary. As an aside, I continue to buy these and the gold Kennedys at spot, only, or below.
The large dealers can see the inventory beyond 100 coins so those left must not be lowest mintage.
Sometimes it seems obvious that the mint distributors are given a wide range of return options that mere mortals cannot even imagine.
I knew it would happen.
1 Jackie left! Who wants it?
Lately the Mint ALWAYS puts more product onto the shelves after an apparent "sell-out ". Good luck to anyone looking for that elusive "last one sold".
The amount of hope for this series compared to the collector base is astounding. I applaud those that hold on despite all evidence to the contrary. As an aside, I continue to buy these and the gold Kennedys at spot, only, or below.
I love the low-mintage game. This series is wrought with potentially low mintage keys. But, who's going to ever buy them?
I remember the proliferation of commemorative halfs such as the Booker T. Washington, Washington Carver and others that were issued in low numbers and multiple mintmarks but never gained traction for price appreciation when I was a kid.
I studied those low mintages and surmised what I might have done if I was a potential buyer when they were issued, knowing that the mintages were low. Buying them when issued would have been a mistake for the money spent.
Here we have a much higher cost series that has some of the same characteristics. Low interest, low demand. Questionable theme. Is it worth taking a stab at the lowest mintages before they go off sale?
The saving grace for this series is that they are made in gold, but the purchase premium is high, typical of any Mint precious metals products.
More negatives than positives. Just the type of situation that gets me thinking.
I knew it would happen.
Well, this morning Jacqueline is gone. Gone forever? Maybe, maybe not . Look on Ebay and surely you will find one or more in Proof or BU.
Sure enough.
500 ? Is this really #500 ?
On another board someone posted that there were 10 available. I checked and there were 0. So either the report wasn't true or the 10 went really fast.
I don't think 10 Coins would go in a few hours.
****** OMG - Jackie is beautiful on the Gold FS Coin. It will be my mission in life to buy every one I see at a price 10 - 20 % below spot. I just can't see where I could go wrong with a mission like that.