Jackson & Van Buren Presidential $1 Coin & Medal Sets Sold Out
As of yesterday, the Presidential $1 Coin & First Spouse Medal Sets for Andrew Jackson and Martin Van Buren are sold out.
Each set contains one uncirculated Presidential Dollar and the corresponding First Spouse Bronze Medal. These are both placed on a custom plastic card featuring a portrait of the President. The sets were priced at $7.95 each.
Almost immediately after the coins were officially sold out, secondary market prices for the coins as seen on eBay lept incredibly higher. Completed auctions include Martin Van Buren Sets sold for $77.50 and $85.00. Current auctions show one listing with a high bid of over $100.
Here are the current eBay listings.
As I have mentioned before, the huge premiums paid for the Coin & Medal Set are essentially paid for the packaging option. All of the 2008 First Spouse Bronze Medals are still available for sale individually on the US Mint's website, priced at only $3.50 each. The 2008 Four Medal Set also remains available for $12.95.
Even though the sets moved into sold out status only yesterday, they may have effectively been unavailable for much longer. Under a prior post, a reader reported ordering the Martin Van Buren Presidential Coin & Medal Set in December 2008. After receiving three separate back order notices, the reader finally received an email stating that the coins were sold out.
About a week ago, I had also ordered one each of the Martin Van Buren and Jackson Sets, just to see if there was something that made the sets different than the individual medals or coins. Unfortunately, my order was also canceled after the sell out.
Labels: Pres Dollar and Medal Sets