2007 First Spouse Coins a Sellout. Prices Jump on eBay. News at 11.

Published: June 22, 2007, 1:36 am

Tags: coins

Who would have thought? Gold coins with Martha Washington & Abigail Adams that cost $400+ each sell out within 2 hours at the US Mint. 40,000 coins per first lady, and apparently that wasn’t enough. Unbelievable! Here is a search for individual first spouse gold coins on eBay. It filters out the people who are selling all four coins at once (or tries to). Some of those sets have been selling for $4000! Right now the price seems to be climbing, but is between $650 - $800 per coin. Amazing. I have to remind myself that the coins don’t ship for another two weeks (July 5th according to the US Mint). I caught this article from Dave Harper today on Numesmatic News. While I think it is interesting that it has become well known that eBay is influencing the popularity and monetization of coins in the US, I disagree with his conclusion completely. Dave argues basically the following: The US Mint is producing “instantly popular” coins by limiting

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