10 June 2008 - 8:45Louisa Adams First Spouse Gold Sales Figures

Louisa Adams CoinThe Louisa Adams First Spouse Gold Coins went on sale May 29, 2008.  Sales have gotten off to a very slow start.

According to Mint Stats compiled as of June 3, 2008, there have been reported sales of 1,403 of the uncirculated version of the coin and 2,523 of the proof version.  This makes for a total of 3,946 across both ordering options or less than 10% of the total maximum authorized mintage of 40,000 coins.

This is a stark contrast to the first three releases of the First Spouse Gold series, which sold out completely on the first day of sales.

Reasons for the slow down are the same as always: the tendency for the popularity of a series to decline as it moves on, the relatively high premiums set for the coins above the gold value, the one coin per household ordering limit, and the underperformance of earlier coins in the series on the secondary market.

1 Comment | Tags: Louisa Adams, mintage

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  1. Army Infantry Coins, Rhodium, Louisa Adams Sales Figures | Coin Update says;
    11 Jun 2008 - 7:34

    [...] first week’s sales figures for the Louisa Adams First Spouse Gold Coins came in low as expected.  It’s another stark contrast to the opening day sell outs for the [...]

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