Today, June 25, 2015 at 12:00 Noon ET, the United States Mint will begin accepting orders for the 2015 Jacqueline Kennedy First Spouse Gold Coin. In anticipation of higher demand for the issue, the Mint has established a maximimum mintage that is triple the figure established for this year’s other releases from the series.
The obverse of the coin features a portrait of the First Lady designed by Susan Gamble and engraved by Phebe Hemphill. The inscriptions include “Jacqueline Kennedy”, the motto “In God We Trust”, “Liberty”, the date and mint mark “2015 W”, the order of the Presidency “35th”, and the dates served “1961-1963”.
The reverse of the coin was designed by Benjamin Sowards and engraved by Jim Licaretz. The design features an image of the saucer magnolia that Mrs. Kennedy chose to be planted in the White House garden and near the eternal flame at her husband’s grave at Arlington National Cemetery. The petals stretch across the globe, with its tips connecting the points of some of her most notable diplomatic visits. The inscriptions include “United States of America”, the motto “E Pluribus Unum”, the denomination “$10”, and the precious metal weight and purity “1/2 oz. .9999 Fine Gold”.
Within the design selection phase, both the Commission of Fine Arts (CFA) and Citizens Coinage Advisory Committee (CCAC) had recommended the selected obverse design. The CCAC had recommended the selected reverse design, while the CFA had offered support for a theme of the arts and another alternative featuring an image of the First Lady with her son John on the White House lawn. Coverage of the design discussion meetings as well as images of other design candidates can be found here and here.
The Jacqueline Kennedy First Spouse Gold Coins are offered individually in proof and uncirculated versions, both struck at the West Point Mint. The coins are initially priced at $790 for the proof version and $770 for the uncirculated version. These prices are based on an average price of gold within the $1,150 to $1,199.99 range. The price of the coins may be adjusted weekly based on changes in the market price of gold.
A maximum mintage of 30,000 has been established for this release across proof and uncirculated versions. Customer demand will be used to determine the ratio of proof coins to uncirculated coins produced. As mentioned, this is triple the 10,000 maximum mintage level established for the other 2015-dated releases of the series.
The US Mint had announced the higher mintage for the Jacqueline Kennedy coin back in October 2014, citing the possible impact of the release of the 2014 50th Anniversary Kennedy Half Dollar Gold Proof Coin, which still remains available for sale. The Mint suggested that customers seeking to make special Kennedy gold sets using both of these coins might drive a sharp increase in demand.