28 March 2008 - 10:41First Spouse Bronze Medals and Website Updates

First Spouse Bronze MedalDo you enjoy the designs used on the First Spouse Gold Coin Series, but can’t afford the high price tag?  The US Mint provides an inexpensive alternative with the First Spouse Bronze Medals.

In coordination with the release of the Uncirculated and Proof Gold Coins for each spouse, Bronze Medals have been produced, which carry an identical design.  The medals carry an affordable price tag of only $3.50 each.  Medals for each of the first six spouses are still available directly form the US Mint at the following page.

These medals are also eligible for grading and encapsulation at third party grading services such as PCGS and NGC.  High grades are selling for premiums on eBay.

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27 March 2008 - 12:172007 Dolley Madison First Spouse Gold Coins Back on Sale

Dolley Madison First Spouse GoldFollowing a dizzying sell off in precious metals prices, Dolley Madison First Spouse Gold Coins are now back on sale at the US Mint.

The uncirculated version of the coin had been suspended on March 3, 2008 and the proof version had been suspended on March 18, 2008.  Sales had been suspended due to the rising value of gold, which had soared above $1,000 per ounce.  With gold now back around $950 per ounce sales have resumed at the same initial offering price levels of $509.95 and $529.95 for uncirculated and proof versions, respectively.

The most recent Mint Statistics show sales of 10,400 of the uncirculated coins and 16,268 of the proof coins.

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18 March 2008 - 8:10Sales of Proof Dolley Madison First Spouse Gold Suspended by Mint

Dolley Madison Proof CoinAs of this morning, sales of the proof version of the Dolley Madison First Spouse Gold Coin have been suspended at the US Mint. This follows the previous suspension of the uncirculated version of the coin on March 3, 2008.

The US Mint’s product page currently shows the following message:

Due to the increasing market value of gold, the Dolley Madison Gold Proof Coins are temporarily unavailable while pricing for this option can be adjusted; therefore, no orders can be taken at this time.

This suspension follows more than two weeks of the odd, mismatched pricing between the Dolley Madison and Elizabeth Monroe coins. When the Elizabeth Monroe coins were released on February 28, 2008, they were priced at $619.95 and $599.95 for proof and uncirculated versions of the coin. The previous issue in the series honoring Dolley Madison remained on sale for $529.95 and $509.95. This led to the curious case of two coins from the same series with the same one-half ounce gold content having two vastly different prices at the same time.

When sales of the Dolley Madison coins resume, they will likely be repriced in line with the Elizabeth Monroe coin prices. That is, unless the price of gold experiences another significant run.

Dolley Madison Coins For Sale

No Comments | Tags: Dolley Madison, Elizabeth Monroe, Pricing, Suspension