A little more than a month after the release of the last coin in the series, the Julia Tyler First Spouse Gold Coins will be released by the US Mint. The coins will go on sale August 6, 2009 at 12:00 Noon ET.
This will be the eleventh release of the First Spouse Gold Coin series. Notably, this will be the second coin released for the Presidency of John Tyler. During his presidential term, he had both a first and second wife. His second wife, Julia Tyler served as First Lady for eight months during the years 1844 to 1845.
The obverse design of the coin features a portrait of Julia Tyler designed by Joel Iskowitz and sculpted by Don Everhart. The reverse design of the coin features Julia and John Tyler dancing at a White House event. The reverse was also designed by Joel Iskowitz and sculpted by Don Everhart. Each coin is struck with a comoposition of 24 karat gold and contains one-half ounce of gold.
The coins will be priced under the US Mint’s pricing policy for gold and platinum numismatic items. This policy uses the average London Fix price of gold for a one week period to determine the prices of the coins. If the average price of gold remains within the current $900 – $949.99 range, then the uncirculated version of the coin will be priced at $616.00 and the proof coin will be priced at $629.00.
A household ordering limit of ten coins per option per household will initially be in place. The same ordering limit has been used for each release of the series this year. The limit is still in place for the Letitia Tyler coin, but has been lifted from the Anna Harrison coin. The total authorized mintage for the Julia Tyler First Spouse Gold Coin is 40,000 units across both options.
On the same date, the US Mint will also release a bronze medal featuring the same design as the gold coins with the removal of some inscriptions. The 1 5/16-inch bronze medals will be priced at $3.50 each.