3 March 2008 - 8:43Sales of Uncirculated Dolley Madison First Spouse Gold Suspended by Mint
The U.S. Mint has recently suspended sales of the uncirculated version of the Dolley Madison First Spouse Gold Coins. The suspension follows another recent increase in the price of gold. Oddly, the proof version of the coin still remains available for sale, however, I think a suspension of this version may soon follow.
The U.S. Mint’s website is currently carrying the following message on the product page:
Due to the increasing market value of gold, the Dolley Madison Gold Uncirculated Coins are temporarily unavailable while pricing for this option can be adjusted; therefore, no orders can be taken at this time.
It does not appear that this is a sell out, as sales have not reached the maximum level set by the Mint of 40,000. As of February 28, 2008, the Mint had sold 10,019 of the Uncirculated Coins and 15,040 of the Proof Coins according to this report from Numismatic News.
I think it is likely that the prices for the Dolley Madison coins will be adjusted to the levels of the recently released Elizabeth Monroe coins and then go back on sale. For other Mint products suspended in the past, the suspension and repricing process has taken at least two weeks.
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