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First Spouse Bottom Found?
June 15, 2010



I have written from time to time about the declining mintage figures of each successive issue of First Spouse gold coins.

The excitement of three consecutive rapid sellouts that started the program was replaced by a sense of boredom.

Without that motivation of being able to buy a new issue for a quick sale at a higher price on eBay, many buyers simply vanished, reducing the core demand to tried and true collectors.

How tried those true collectors are could be seen in combined sales totals dropping from 40,000 to hardly more than 6,000.

But look. Abigail Fillmore might just mark the turning point. Sales of 2,228 uncirculateds and 4,211 proofs total a combined 6,439. This is higher than the 6,084 for the prior Margaret Taylor issue.

Sure the difference is not large, but sales have started to rise all the same.

With Mary Todd Lincoln coming up as the final First Spouse coin of the 2010, that will help reinforce any growing uptrend.

Certainly, if this series has found its bottom, then better times lie ahead.



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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, Bank Note Reporter 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.

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