Jefferson First Spouse Gold Coin

They're not selling as well as the Washington and Adam spouse coins. Some of the completed auctions show so went for under $499(unc). With the proofs, it looks like it's going for $600+, but a good number have sold for $600 and under (BINs).

Here's one auction for the pair that did a bit better ...

http://cgi.ebay.com/ws/eBayISAPI.dl...WA:IT&ih=018

Hypothetical,

Say there are about 20,000 people who are interested in collecting these coins. When the first group went on sale they were offering both first spouses at the same time. This meant a much larger one tme outlay at the time of ordering. This may have lead some of the colectors to delay or only order one with the intention of ordering the other a little later because a very fast sell out was not expected. But many speculators ordered multiple pieces resulting in a 2 hr sell out. Now the shut out collectors have to compete against each other for the coins as they appear on the secondary market. This competition results in higher prices.

Now when the Jefferson first spouse goes on sale they only have to buy one coin, and with the reduced order limits speculators are much more limited on the number of coins they can control, so many more of the people who actually want to collect the coin are able to acquire it from the mint. This results in roughly the same numbers of cons appearing on the secondary market (because although ach speculator could cntrol fewer coins more speculators jumped in spurred on by the fast sell out of the first two coin.) This means ther are many fewer COLLECTORS chasing the coins on ebay now (Because many more got them from the mint. Plus quite a few of the people who chased after the MW and AA coins did so, not because the wanted to collect them, but because they sold out in two hours and they are speculating that they would therefor be desirable and increase in value in the future.) and they are not getting the prices people were expecting.

Something else that I find interesting is that everyone thinks the Jefferson first spouse ill be much more valuable than other firs spouse coins. Why? Yes it will probably have some extra demand because more people are going to build non-first spouse sets than first spouse sets. But how many MW are there? about 20K proof and 20K unc. How many AA? About 20K proof and 20K Unc. How many Jeffersn? About 20K Proof and 20K unc. How many DM will there be? Probably 20K prof and 20K unc. The Jefferson piece will be no less availabe than the others, and more than likely later in the first spouse series as interest declines I would not be surprised if we eventually start seeing mintages for some of the that make the Jefferson mintage look huge. Possibly even by the time we get to the last on the non-first spouse coins.

i missed out on these :(, but I would think since dealers and such could only order 1 instead of 5, I think more collectors got their hands on them, which means the premium may be high now, but I don't think it will hold on like some think. I just can't believe I missed out, I had planned on it for months, but I never wrote down the date :( Already forgetting stuff and only 26 :(

Good point. It never occurred to me that the president had to be dead before showing up on the coin. Interesting that they are leaving a place holder for Jimmy Carter.

I wonder what will happen if he is still alive in the year 2016? Jump from Ford to Reagan?

I wish the mint would consider the Presidential dollar as a continuing collection, and add new Presidents as they become eligible through the years.