The US Mint has just released the new pricing for the upcoming Elizabeth Monroe First Spouse Gold Coins. These coins will first be available from the Mint on February 28, 2008.

The price for the proof version of the coin will be $619.95. The price for the uncirculated version of the coin will be $599.95.

This represents a significant increase over prior coins in the series. The most recent Dolley Madison coin was offered at $529.95 and $509.95 for proof and uncirculated coins, respectively. The previous Martha Washington, Abigail Adams, and Thomas Jefferson’s Liberty coins were offered at $429.95 and $410.95 for proof and uncirculated coins, respectively.

The main culprit for the increasing price is the cost of gold. Each coin contains one-half ounce of gold and since the series inception, the price of gold has substantially risen.

Many are predicting that these higher prices will be a drag on the series. This may be true in the short term, but since the series will run for about 10 years, who knows what will happen in the interim.

Find coins for sale at the First Spouse Gold Store.

There have been several updates to FirstSpouseGold.us.

The release schedule has been updated with all of the latest information. 2008 coins will honor Elizabeth Monroe, Louisa Adams, Andrew Jackson’s Liberty, and Martin Van Buren’s Liberty.

The Elizabeth Monroe coin will be released on February 28, 2008.

The image gallery has also been updated with pictures and descriptions for all of this year’s new releases. Two of the coins feature reproductions of circulating coins from the early 1800’s.

Last but not least, this blog has been added to provide more frequent updates on the program, including release information, sales figures, and more!

Find coins for sale at the First Spouse Gold Store.