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Bedrock of the Community
United States
20753 Posts
 Posted 08/25/2007  10:52 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

A similar question comes up Aug. 30 when the Jefferson First Spouse coin is offered for sale.
Any opinions on that one? Great profit potential? Or not?

My opinion is the First Spouse coins will start out OK but will fail horribly after a while. Just as already the Presidential coins are only being used by collectors and banks are being stuck with them. The First Spouce ones will not be a good collectable, educational item, investment, etc. I learned my lesson with the Bicentennial Quarters. Myself and a friend save those. I had hundreds of dollars worth and he had thousands of dollars worth. After 30 years I asked at coin shows what anyone would give for them. Some said $0.24 each as a joke meaning they didn't want them at all. All of ours ended up in banks and we lost all that interest over the years. So I suggest you stick with what is traditional such as Proof or Uncirc sets.



Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 08/25/2007  1:04 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
I tend to think that the non-spouse(Liberty representations) First Spouse gold coins will be quite popular since those designs are familiar to any coin collector but that the actual spouses will not do much more than their gold value.
Pillar of the Community
longnine009's Avatar
United States
1247 Posts
 Posted 08/25/2007  6:54 pm  Show Profile   Bookmark this reply Add longnine009 to your friends list Get a Link to this Reply
"Rare coins are not common and common coins are not rare."
John Kamin-(I think).

Besides, these women were married to politicians. Putting them on coins would just be another example of the gubmint using my taxes to reward bad choices.

And it would only encourage the mint. They way this stuff is going we'll be seeing Wilson's first "moter-car" on a coin and then Nancy's favorite astrologer.
Edited by longnine009
08/25/2007 7:07 pm
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