Comments on: The 2007 First Spouse 24K Gold Coin Program (Companion to the Presidential $1 Dollar Coin Program) http://blog.adamnash.com/2006/12/29/the-2007-first-spouse-24k-gold-coin-program-companion-to-the-presidential-1-dollar-coin-program/ The personal blog of Adam Nash Sat, 11 Feb 2012 23:08:18 +0000 hourly 1 http://wordpress.com/ By: Jerry Durkan http://blog.adamnash.com/2006/12/29/the-2007-first-spouse-24k-gold-coin-program-companion-to-the-presidential-1-dollar-coin-program/#comment-24700 Sat, 05 Apr 2008 02:43:28 +0000 http://psychohistory.wordpress.com/2006/12/29/the-2007-first-spouse-24k-gold-coin-program-companion-to-the-presidential-1-dollar-coin-program/#comment-24700 Any updates on the presidential coins and the First Spouse coins? I have started collecting the silver proof sets and the covers. How are the First Spouse coins “stacking” up?
Thanks.

]]> By: Psychohistory Coming Soon: The Presidential $1 Dollar Coin Program « http://blog.adamnash.com/2006/12/29/the-2007-first-spouse-24k-gold-coin-program-companion-to-the-presidential-1-dollar-coin-program/#comment-6880 Fri, 18 May 2007 15:38:06 +0000 http://psychohistory.wordpress.com/2006/12/29/the-2007-first-spouse-24k-gold-coin-program-companion-to-the-presidential-1-dollar-coin-program/#comment-6880 [...] The 2007 First Spouse 24K Gold Coin Program [...]

]]> By: Adam Nash http://blog.adamnash.com/2006/12/29/the-2007-first-spouse-24k-gold-coin-program-companion-to-the-presidential-1-dollar-coin-program/#comment-3148 Sat, 24 Feb 2007 06:27:37 +0000 http://psychohistory.wordpress.com/2006/12/29/the-2007-first-spouse-24k-gold-coin-program-companion-to-the-presidential-1-dollar-coin-program/#comment-3148 Thank you for catching that spelling error. Until now, I actually thought Dolley Madison was famous because of the bakery… :)

I was just discussing again today with my wife whether or not it is going to be worth it to collect this series. I guess I’ll find out soon enough when Martha Washington kicks it off soon.

- Adam

]]> By: bassclar http://blog.adamnash.com/2006/12/29/the-2007-first-spouse-24k-gold-coin-program-companion-to-the-presidential-1-dollar-coin-program/#comment-3147 Sat, 24 Feb 2007 05:21:39 +0000 http://psychohistory.wordpress.com/2006/12/29/the-2007-first-spouse-24k-gold-coin-program-companion-to-the-presidential-1-dollar-coin-program/#comment-3147 I don’t know much more about first ladies than you do, but I find it odd that you keep picking Dolley Madison as your prototype unpopular coin. Of the first ladies through 1900, isn’t she the most famous? She had that episode of saving stuff from the white house when it burned in the war of 1812…

Certainly among the coins for first ladies up to 1900, Dolley Madison is the only one I personally might want to own. Then again, I live less than two miles from Dolley Madison Boulevard.

In any case, note the spelling. Dolley is the lady. Dolly is the bakery. I hadn’t realized there was a difference until I noticed you have spelled it both ways here.

]]> By: Adam Nash http://blog.adamnash.com/2006/12/29/the-2007-first-spouse-24k-gold-coin-program-companion-to-the-presidential-1-dollar-coin-program/#comment-3098 Sun, 18 Feb 2007 03:18:40 +0000 http://psychohistory.wordpress.com/2006/12/29/the-2007-first-spouse-24k-gold-coin-program-companion-to-the-presidential-1-dollar-coin-program/#comment-3098 Hi Allen,

I’m afraid the only details I’ve been able to find about the program are from the US Mint, and from the legislation itself that approved the program.

There are a few good questions still worth answering:
1) Will they only mint these First Spouse coins in Proof form, or will there be an uncirculated version as well? Last year, the new uncirculated silver, gold & platinum eagles were worth more than the proof due to shockingly low mintage.

2) Will there be a precious metal version of the presidential dollars? Right now, the answer looks like no, if for no other reason than the fact that the current 2005 legislation does not authorize one, and I believe Congress would have to approve that kind of program.

3) Will anyone really try to collect this set? At the price of gold, this will be a very expensive set to collect to fruition at current gold prices, north of $20,000 for sure. That may mean low mintage, but low mintage does not always equal value. There has to be demand for the coins.

The big question I have now is whether or not people will treat the First Spouse coins as a series of coins, or as a series of commemoratives. As you may know, very few commemorative gold/silver coins ever accumulate value. They just don’t see to draw long term demand. Coin series do draw demand eventually.

The other question is, how to best collect the First Spouse coin – individual proof, or in sets with the paired presidential dollar?

I have seen no mintage limits specified for the First Spouse coins. I bet you they will mint as many as they can, in the short time they are in production. They set a mintage limit on the proof gold buffalo, but it was so high (300,000), it was effectively limitless.

Thanks for posting.
Adam

]]> By: Allen Smith http://blog.adamnash.com/2006/12/29/the-2007-first-spouse-24k-gold-coin-program-companion-to-the-presidential-1-dollar-coin-program/#comment-3097 Sun, 18 Feb 2007 02:46:22 +0000 http://psychohistory.wordpress.com/2006/12/29/the-2007-first-spouse-24k-gold-coin-program-companion-to-the-presidential-1-dollar-coin-program/#comment-3097 Adam, concerning the 1/2 ounce spouse coins in 9999 gold. As you know the key to collecting these coins will be the number minted. I have looked everywhere I can to try and learn the answer to that question and cannot find it anywhere. That leads me to believe there might be the possibility that a Presidential 1 ounce 9999 gold coin with the same number of coins minted would be the shot heard round the world. As a collector that would be the only plausable way to release these coins. Surely the mint would not release a set, President & spouse coin set, one in a non value metallic metal and the other in 9999 gold. This would requore about $6,000 a year at current gold prices. Would like your comments. Do you know how many of the 9999 spouse coins are scheduled for release?

]]>