How the Frances Cleveland First Spouse Gold Coin (First Term) Value Differs From the Gold Market Fluctuations
- Posted in: Semi-Rare Coins
For those wanting to add a little diversity to their investments, or add security to their assets, purchasing a coin in the First Spouse Gold Coin series could be an exceptional opportunity. Let’s take a look at the Frances Cleveland First Spouse Gold Coin (First Term) to put the investing potential into perspective. The coin is unique in that it is one of two to show Frances Cleveland, as her husband served two inconsecutive terms in office, and therefore has two inconsecutive coins in the series. Each coin, as per the Presidential $1 Coin Act of 2005, is struck in $10 denomination on one-half ounce of 24-karat (.9999) Fine Gold.
Since the Frances Cleveland First Spouse (First Term) coin is made of Gold, the coin does have intrinsic value, but there is also the historic and artistic context to consider. Representing the only non consecutive Presidencies in U.S. History, the first of the Lady Cleveland coin is truly unique to the series. But just because a coin is rare (mintage of 5,612) doesn’t mean that it will perform as expected. Shown below are the charts showing the graded version of the coin.
The highest graded Uncirculated coin (MS70) shows a significant dip after October 2014 but also a rise later in the year. It is shown to have reached a plateau, and shows potential for future investment: once the series ends coins are expected to be in higher demand (series ends in 2016).
The highest graded Proof coin (PF70) is shown to have dipped in value since October 2014, much like the Uncirculated, but does not show an increase in value. There are slightly more Proof versions than Uncirculated minted, and this could be the reason for the coin not gaining value. Right now though, based on the NGC price, you could purchase the coin, and see a significant increase in the coming years, once the series has ended.
Spot price for gold is constantly fluctuating, and in recent months has shown a gradual decrease, but with uncertainty for the future global economy, as well as stateside, we could see boom in the future as gold is always seen as a safe haven asset, and increases in value with inflation.
Frances Cleveland is one of the most unique First Ladies to be honored in the First Spouse Gold Coin program issued by the U.S. Mint. Young, beautiful, and affluent, she used her time in the White House to spread her good charms and help her husband’s political ambitions. A gem to the American People, Lady Cleveland was a truly popular figure during the turn of the 20th century. To learn more about how you can add this fascinating bit of history to your collection call the experts at Global Monetary Reserve at 877-795-9585 today, or if you would like to take a look at our diverse inventory visit or E-commerce website by Clicking Here.