27 July 2010 - 13:02First Spouse Gold Coin Prices Reduced
After remaining at the highest levels on record for more than two months, the prices for First Spouse Gold coins available at the United States Mint were reduced. The price reduction comes as the spot price of gold has experienced an extended slump, bringing the average below $1,200.
The US Mint is currently selling the coins featuring Sarah Polk, Margaret Taylor, Abigail Fillmore, and Jane Pierce. These coins originally went on sale at various times during the past year, with the most recent being the Jane Pierce First Spouse Gold Coin, on sale from June 3, 2010. This coin had debuted with prices of $779 for proof coins and $766 for uncirculated coins. Price for all coins were adjusted to $754 and $741 for each version, respectively.
Following the price decline, weekly sales of the coins jumped, showing that collectors of this series are responsive to price changes and perhaps time purchases to take advantage of anticipated pricing updates.
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When the US Mint released the