Tuesday, September 21, 2010

On September 23, 2010, the US Mint will release the Presidential Dollar Coin and First Spouse Medal Set featuring James Buchanan.

The set will include one uncirculated 2010 James Buchanan Presidential Dollar and one Buchanan's Liberty Bronze Medal. The coin and medal are mounted on a plastic card illustrated with a portrait of James Buchanan on the front and issuance information on the back. The set is priced at $11.95 plus shipping and handling.

This particular set may see more collector interest than typical for the product type due to the inclusion of the Buchanan's Liberty medal. A reproduction of Christian Gobrecht's classic design for the Liberty Quarter Eagle is featured on the obverse.

The previously released Presidential $1 Coin and First Medal Set featuring Franklin and Jane Pierce debuted with sales of only 1,340 sets, although sales have since reached 5,139.

Buchanan's Liberty Gold Coin Sales

Sales figures for the James Buchanan's Liberty First Spouse Gold Coin have been closely watched by collectors. The coins had the strongest debut sales for the series since February 2008 and, due to a lower maximum mintage, have the reasonable likelihood for an eventual sell out.

The figures from the latest weekly period indicate sales of 607 proof coins and 562 uncirculated coins for a combined total of 1,169. Sales to date have now reached 8,568, representing 57.12% of the maximum mintage.

The Buchanan's Liberty Gold Coins now have a higher sales total than any of the other three currently available First Spouse Gold Coins, which have been available for sale for three to nine months longer.

In subsequent weeks, there may be a drop off in the pace of sales for the Buchanan's Liberty coins. Sales for US Mint products are typically the strongest in the opening weeks and the most recent week may reflect purchases accelerated to avoid the pricing increase. With 6,432 coins of the maximum mintage remaining available, a sell out may still be three to six months out.
Coin Update News: Full US Mint Sales Report

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