- Posted in: Semi-Rare Coins
Market Prices affect the value of any commodity; we’re seeing this today with falling oil prices, and gas being at a lower cost than it has been in years. Taking a look at the case of the Dolley Madison First Spouse Gold Coin is a great way to see how market prices, affect cost and how that can then in turn affect performance.
Released on November 19, 2007, The Dolley Madison First Spouse Gold Coin was $100 dollars more than the three preceding coins it followed. This is due to the price of Gold being so much higher in the later part of the year, when the coin was released. The change was so quick, it only took two and a half months: Jefferson’s Liberty released on August 30, 2007 and was the same price as the two preceding coins released in the Summer. Because of the significantly increased price of Gold, The Dolley Madison First Spouse Gold Coin showed that difference in the price: $529.95 for the proof, and $509.95 for the uncirculated.
Perhaps the public sentiments at the time weren’t convinced of the value, or general consensus thought the value of Gold fluctuates too much to be certain of its lasting potential: in the end, The Dolley Madison First Spouse Gold Coin underperformed in terms of sales. The three previous coins all sold out quite quickly, and reached the 40,000 limited mintage figures. The Dolley Madison First Spouse Gold Coin sold 12,541 uncirculated and 18,355 proof coins.
In today’s market, the value of Gold continues to rise, having significantly increased since the release of The Dolley Madison First Spouse Gold Coin. Since the fourth in the First Spouse program, fewer coins are being minted, adding value to the already existing coins. While the first three have historic significance, and monetary value; the succeeding Gold Coins have value in their rarity. Since the release, the resale value of the coin is phenomenal, seeing an increase in value by 181.39% its orginal price, and it seems like it will only get better from here.
Now that you’ve gotten an idea as to the Dolley Madison First Spouse Gold Coin’s historic and monetary value, let the GMR team tell you how you can make this a part of your collection, and investment. Call one or our knowledgeable team members at (877) 795-9585, or Click Here to make a purchase on our Global Monetary Reserve online store.