Mint News Blog

News, Information, and Commentary on US Mint Products

Tuesday, July 7, 2009

John & Letitia Tyler Presidential $1 Coin and First Spouse Medal Set


The US Mint will offer the Presidential Dollar Coin and First Spouse Medal Set for John and Letitia Tyler starting on July 14, 2009 at 12:00 Noon ET.

Each set will contain one uncirculated 2009 John Tyler Presidential Dollar and one Letitia Tyler Bronze Medal. These will be mounted on a custom designed display card featuring images of the President and First Spouse. Issuance information is included on the back of the card. The sets will be priced at $8.95 with no household ordering limits.
The US Mint has already posted the product page, which can be found here.

John Tyler had a first and second wife while serving as President. A separate Coin and Medal Set will be released later this summer featuring the his second wife Julia Tyler.

The Presidential Dollar Coin and First Spouse Medal Sets have been an interesting product line to watch over the past few years. The sets were released amidst a conglomeration of other Presidential Dollar related products including the now canceled Historical Signature Sets and Individual Proof Coins, as well as the still offered annual Presidential Dollar Uncirculated Set and Proof Set.

The Coin and Medal Sets started showing up on more collector's radar screens after the set featuring Thomas Jefferson started consistently selling for over $200. Prices have settled since then, with the sets released in 2007 seeming to sell for around $50, and the sets released in 2008 selling for around double or more than the original offering price. Here are the current eBay auctions.

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3 Comments:

At July 8, 2009 at 6:12 PM , Anonymous Anonymous said...

Interesting product indeed. Price keeps going down for the 07 sets. I don't even know if I want to buy those or not.

 
At July 14, 2009 at 9:58 AM , Anonymous Anonymous said...

Don't write them off just yet. While production numbers for the 2008 sets remain a mystery, figures ARE being provided for the 2009 sets. The Harrison has not sold a huge number, and the Anna Harrison medal as an individual option has been sold out for several weeks. If history is any indication, The Harrison Presidential Coin & Spouse Medal Set is likely to be pulled off-sale shortly. Once that happens prices will jump, most likely pretty high in at least the short-term.

On the 2008 sets, I don't think as many of them were sold as some would have you believe. The Jackson and Van Buren Sets (particularly the Van Buren) were not actually sold for very long at all, spending most of their "availability" period at the Mint on backorder status that never panned out for most buyers. That caused a pretty large spike in secondary market value at that time. Prices have since cooled down quite a bit, but as the series progresses, more and more newcomers will need to go back and get the early releases for completion. Higher values for these sets will be back.

I will stick to my guns on this one, and stock up on the 2009's. It's a pretty low-cost item with not much of a downside to it.

 
At July 23, 2009 at 8:40 AM , Anonymous Anonymous said...

The Harrison Coin & Spouse Medal Set did sell out on July 22nd.

 

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