NumisMaster Logo
Home
Register
Sign In
Free Newsletter

Collector Info
In Print
Site Map

Keep an Eye on Those Low Mintages
July 30, 2009



Nothing seems more hopeless than a new coin series in which the average hobbyist has lost interest.

The First Spouse half-ounce gold coin program is just such a program.

Perhaps that means now is the time to bottom fish. The future of First Spouse coins on the secondary market will be heavily dependent on where gold goes over the next few decades, but even in the shadow of precious metals, mintages will sooner or later have an impact.

The 20,000 mintages for both proof and uncirculated Martha Washington, Abigail Adams and Thomas Jefferson pieces will probably forever be common - just so much bullion in an attractive numismatic package.

However, the sales of First Spouse coins that we are currently going through are the wives of Presidents that Americans have long forgotten. This is what yields opportunity.

The Julia Tyler coin goes on sale Aug. 6. She is the second wife of John Tyler, who served in office 1841-1845. Before this program I didn't know he had two wives.

See? The educational mission is being performed.

But back to my point. So far only 1,517 uncirculated first wife Letitia Tyler coins have been sold.

That's darn few.

If numbers continue to fall in this neighborhood for the First Spouse coins of the Presidents just before Lincoln, when the inevitable revival of interest occurs for the 16th President, there might be a pleasant pop in interest for these low-mintage pieces, too.



Add to: del.icio.us   digg
With this blog: Email to friend   Print



Something to add? Notice an error? Comment on this blog.
  


About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

Search this Blog
Email Updates
Email me a message when a new post is added!
RSS Feed
More Links
Numismatic News
 



About Us | Contact Us | Privacy | Your data is secure
©2014 F+W Publications, Inc., Iola, Wisconsin. All rights reserved.