Tomorrow June 3, 2010 at 12:00 Noon ET, the 2010 Jane Pierce First Spouse Gold Coin and Bronze Medal will go on sale at the United States Mint. This will mark the second release of the year for the 24 karat gold coin series, and the fifteenth release since the series began in 2007.
The Jane Pierce First Spouse Coin features a portrait of the First Lady on the obverse, as designed by Donna Weaver and sculpted by Don Everhart. The reverse depicts her sitting and listening to debates in the visitor’s gallery of the Old Senate Chamber in the U.S. Capitol Building. This image was also designed by Donna Weaver, but sculpted by Charles L. Vickers.
The gold coins are struck at the West Point Mint and carry the “W” mint mark. Each coin contains one half ounce of 24 karat gold and is available in either proof or uncirculated format.
Based on recent gold prices, the proof version will be priced at $779 per coin and the uncirculated version will be priced at $766 per coin. These will represent the highest initial offering prices for an issue of the series. The prior release featuring Abigail Fillmore had coins initially priced at $729 and $716. The Margaret Taylor coins had previously carried the highest initial pricing at $754 and $741.
There is a mintage limit of 15,000 coins set across both proof and uncirculated versions of the Jane Pierce First Spouse Gold Coins. There will be no household ordering limits imposed. This year the US Mint lowered the maximum mintages after maintaining the level at 40,000 coins for the first two years of the series.
To coincide with the new release, sales of the Letitia Tyler and Julia Tyler coins are expected to end tomorrow. These coins will be notable in that they will once again set a new mintage low for the First Spouse Gold Coin series.
As of the latest US Mint sales report, the Letitia Tyler First Spouse Coin has sold 3,152 uncirculated and 5,163 proof coins for an overall total of 8,315. The Julia Tyler First Spouse Coin has sold 2,861 uncirculated and 4,830 proof coins for an overall total of 7,691. In comparison to other gold coins issued by the United States Mint during the past few decades, these levels are undeniably minuscule.
Coin Update News: Complete US Mint Sales Report