Earlier today, November 26, 2013 at 12:00 Noon ET, the United States Mint began sales of the Presidential $1 Coin & First Spouse Medal Set for the Presidency of Theodore Roosevelt.
Each set contains one 2013 Theodore Roosevelt Presidential Dollar and one Edith Roosevelt Bronze Medal. The coin and medal are mounted in a plastic card containing images of the President and First Lady on the front and issuance information on the back.
The sets are offered without a stated product limit or household ordering limit. The price is $9.95 per set.
As one of the better known Presidents and with ties to numismatics, this release may prove to be more popular than previous releases. The only Presidential $1 Coin & First Spouse Medal set to achieve a sell out in the past three years has been the set for Abraham & Mary Todd Lincoln which had sales of nearly double the prior release.
I plan to order one of the Theodore Roosevelt sets for my collection, but I will wait until the end of the week in case the “Black Friday Savings” (mentioned in the previous post) turns out to be free shipping.
Gold and Platinum Numismatic Product Price Decrease Possible
Based on the available data, it is possible that prices for the United States Mint’s numismatic gold and platinum coins may be decreased tomorrow. As most readers know, these products are priced under a flexible system which allows prices to be adjusted as frequently as weekly based on changes in the average market prices of the metals.
The average price of gold for the weekly period will likely fall into the $1,200 to $1,249.99 range. This is one tier lower than the range used to establish current prices. In the most likely scenario, as long as the Wednesday PM London Fix price is below $1,250, then prices for numismatic gold products would be decreased by the proportional equivalent of $50 per ounce of gold content.
Impacted products would include the 2013 Proof Gold Eagles, 2013 Proof Gold Buffalo, 2012 & 2013 First Spouse Gold Coins, and 2013 gold commemorative coins.
The average price of platinum for the weekly period will likely fall into the $1,350 to $1,399.99 range. This is one tier lower than the range used to establish current prices. In the most likely scenario, as long as the Wednesday PM London Fix price is below $1,400, then the price for numismatic platinum products would be reduced by $50 per ounce of platinum content.
Impacted products would include the 2012 & 2013 Proof Platinum Eagles.