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 Replies: 13 / Views: 1,015 |
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Valued Member
United States
85 Posts |
First Spouse Series One-Half Ounce Gold Uncirculated Coin - Elizabeth Monroe is to be released from the mint on Feb 28. In theory, should I be able to go to my bank and get it? If so, what would it cost?
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Valued Member
United States
392 Posts |
no you have to order it from the mint and the price changes all the time because of the price of gold
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Pillar of the Community
United States
1934 Posts |
Sheesh, I thought I was gonna say,
Boston
North End
Italian
connected
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Bedrock of the Community
United States
20753 Posts |
I'd think carefully about purchasing those. So far they are even less popular than the baby sized Presidential dollar coins. So in the future you may well be stuck with a sort of problem attempting to sell. |
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Member
United States
3242 Posts |
folks at the fun show were sell the 2007-W Prez Wives coins as scrape to Silvertown&other buyer
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Valued Member
United States
392 Posts |
I thought I heard somewhere that the first spouse coins sold out within the first few hours of being sold
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Valued Member
 United States
85 Posts |
I read that in the mag, too, kceb10. And to sell them as scrap? Don't they contain 1/2 oz of gold? I'm certainly glad this forum exists!!
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Pillar of the Community
United States
2269 Posts |
The first 3 Spouse coins did sell out. They contain 1/2 ounce of 24k gold in each.
Like many others, I thought these would increase in value, fortunately they did increase in value and sell for slightly over the spot price of gold. They are great as a collectible, but don't purchase these for profit.
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Rest in Peace
United States
3730 Posts |
I only bought one -- Jefferson. I felt it would really go up in value due to the obverse.
I'm probably wrong. Wouldn't be the first time.
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Valued Member
United States
85 Posts |
Like I keep reading in these forums, it's better to be in this for the enjoyment than for the money. So if you like it - buy it.
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Bedrock of the Community
United States
14454 Posts |
I also only bought one and it was also the Jefferson because of its Obverse design and although I hardly ever buy a coin with the intent to sell I also thought this would be the best coin out of the whole series because of the bust design everyone loves so much. That being said I still only bought one because of my fascination of the Bust coinage that have alluded me in my 7070 album
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Pillar of the Community
United States
628 Posts |
I like them AND think they are a better investment than most "modern" gold coins. Only time will tell.
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Bedrock of the Community
United States
17884 Posts |
The first three sold out in hours but fter their lackluster perfomance on the aftermarket, I belive the Madison coin is still available over a month later.
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Pillar of the Community
United States
6326 Posts |
Hey.....what if the spot price of gold climbs from $800 an ounce to $1,783.00 in 17 years ? And NEVER goes down again much ! Always a roller coaster ride with that stuff, but once it reaches $1,000.00 an ounce........it MAY never be cheaper than that EVER again ! Heh Heh..... just thought I'd throw a golf club into the spokes of the bike ! And 17 years from now the same thing with silver.....not the coins or what "face" is on it......but just spot price ? What if the world will NEVER see cheap gold/silver again. Will China, being the "future" biggest superpower the world has ever seen, affect things which we can't even fathom or foresee ? The "cost" of everything goes up with enough time ! What was the gas price when your parents were kids ? The price of bread ? A pack of smokes ? How much was a new car ? How about the price of an airplane ? How much were a box of pencils in 1961 ? How about the price of tennis shoes in 1954 ? How much were a sack of potatoes in 1954 ? WHAT WILL AN OUNCE OF GOLD COST IN THE YEAR 2086 ? I'll just bet you that it WON'T be what todays "spot" price is ! It won't "only" be higher.......IT'LL BE DRAMATICALLY HIGHER !  Edited by eaglefoot
02/18/2008 2:32 pm
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Replies: 13 / Views: 1,015 |
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Posted 02/16/2008 08:35 am
