Thursday, February 26, 2009

The next product scheduled to be released by the US Mint is the 2009-W Anna Harrison First Spouse Gold Coin. The coins will go on sale March 5, 2009 at 12:00 Noon ET.

This coin will mark the first release of the First Spouse Gold series for 2009. The obverse of the coin was designed by Donna Weaver and sculpted by Joseph Menna. The reverse of the coin which features Anna Harrison sharing her passion for education, was designed by Thomas Cleveland and sculpted by Charles L. Vickers. Each coin contains one-half ounce of 24 karat gold.



Offerings will include proof and uncirculated versions of the gold coin, as well as bronze medal duplicates. Prices for the gold coins will be determined based on the average price of gold for the week preceding the coin's release. If gold remains in the current range of $900 - $949.99 per ounce, the proof coins will be priced at $629.00 and the uncirculated coins will be priced at $616.00. The bronze medals will be priced at $3.50.



The maximum mintage for the gold coins has been set at 40,000 across both proof and uncirculated versions. An ordering limit of ten coins per option per household will be in effect for the first week of sales.

The First Spouse Gold series in general has experienced a decline in popularity. The first three coins in the series featuring Martha Washington, Abigail Adams, and Thomas Jefferson's Liberty each sold out on the first day of offering. Following the initial enthusiasm, subsequent coins did not sell out and fell into a pattern of diminishing sales figures.

The two most recent issues for Andrew Jackson's Liberty and Martin Van Buren's Liberty seem to have generated an uptick in interest. However, it does not seem likely that this will continue with the latest coin since Anna Harrison was less well known and the rising price of gold continues to push the coin out of reach for some collectors. In actuality, the Anna Harrison First Spouse Coin might be interesting to watch to see if it can set a new mintage low for the series.


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