Mint News Blog

News, Information, and Commentary on US Mint Products

Wednesday, August 27, 2008

Andrew Jackson's Liberty First Spouse Gold Coin

The First Spouse Gold Coin for Andrew Jackson's presidency will go on sale at the US Mint tomorrow August 28, 2008 at 12:00 Noon ET. At the same time a Bronze Medal replica version will also go on sale.

Since Jackson did not have a spouse while serving as President, the obverse design features a reproduction of the Capped Bust, Lettered Edge Half Dollar. This coin was minted from 1807 to 1836 and designed by US Mint Engraver John Reich. The reverse of the coin features an image of "Old Hickory" on horseback.

Each gold coin contains one-half ounce of 24 karat gold. The Mint has set a maximum mintage of 40,000 combined for proof and uncirculated coins. There is an initial ordering limit of ten coins per product option per household.

The proof version of the Andrew Jackson's Liberty Gold Coin is offered for $619.95 and the uncirculated version is offered for $599.95. The bronze medals is available for $3.50.

The pricing is in-line with the two prior releases in the First Spouse Coin Series, although the Dolley Madison coins remain on sale for the lower prices of $529.95 and $509.95.

Since the release of the Dolley Madison coin, each subsequent issue has sold less than the one before it. Will history repeat itself once again? Or can the combination of one of the greater better known Presidents with a classic design break the streak?



At August 31, 2008 at 8:10 PM , Anonymous Anonymous said...

When will the mint be anouncing the 2008 First Spouse 4-coin medal set? Or will there just be the individual coins this year? Or are they finally acknowledging the incredibly excessive marketing of products the last few years?

At September 1, 2008 at 8:55 AM , Anonymous Anonymous said...

I don’t know. Maybe I am wrong but I still hope it is worth to keep buying these coins. One day this will be a very valuable collection! Paul.

At September 2, 2008 at 11:52 AM , Blogger Michael said...

Re: 4 Medal Sets

Last year the Mint offered the First Spouse 4 Medal Set in the Holiday catalog released around October. Likely same timing next year.

Re: "one day this may be a very valuable collection"

I agree that this is a good possibility, especially if some of the individual issues end up with extremely low mintages.


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