The United States Mint announced that the 2011 Julia Grant First Spouse Gold Coin and similar Julia Grant bronze medal will launch on Thursday at noon Eastern Time, June 23, 2011.
The 24-karat, half-ounce 2011 First Spouse Gold Coins come in proof and uncirculated versions. As of this writing, the U.S. Mint has not released their images. The Mint did release the four 2011 gold coin designs back in early February.
Their prices have also not been set yet, due to the Mint’s numismatic gold pricing policy which is based on the London Fix’s weekly average of gold. Each Wednesday, the U.S. Mint recalculates the average. If the average remains between $1,500.00 and $1,549.99, then the coins will cost $929 for the proof and $916 for the uncirculated.
Although Grant’s gold coins will have a maximum mintage of 15,000, it seems more likely that the Mint will produce approximately 8,000 across both options, based on the selling patterns in the series in the last few years.
The bronze medals, which are nearly double the size of the gold coins and carry the same designs, will be priced at $7.95 each.
The obverse of the coins and the bronze medal feature a right-facing profile portrait with the likeness of Julia Grant. Inscriptions include JULIA GRANT, IN GOD WE TRUST, LIBERTY, 2011, 18th and 1869-1877. The design was created by Donna Weaver and sculpted by Michael Gaudioso.
On the reverse is a scene that is emblematic of the courtship between the young Julia Dent and future Civil War general and president, Ulysses S. Grant. In it, they are horseback riding at her family’s plantation, White Haven. Inscriptions include UNITED STATES OF AMERICA, E PLURIBUS UNUM, $10, ½ OZ. and .9999 FINE GOLD. The reverse was designed by Richard Masters and sculpted by Charles L. Vickers.
Julia Grant’s coin is the second 2011 dated First Spouse Coin and the nineteenth in the series that began in 2007. Her spouse’s coin, the 2011 Ulysses S. Grant Presidential $1 Coin, has been available since May 19, 2011.
For reference, the Mint press release about the Julia Grant First Spouse Gold Coins and Bronze Medal follows.
United States Mint to Release Julia Grant First Spouse Gold Coin and Bronze Medal June 23
The United States Mint announced today that it will begin accepting orders for the Julia Grant First Spouse Gold Coin and Bronze Medal on June 23, 2011, at noon Eastern Time (ET).
The obverse (heads side) of the 24-karat gold coin was designed by United States Mint Artistic Infusion Program (AIP) Master Designer Donna Weaver and sculpted by United States Mint Sculptor-Engraver Michael Gaudioso. The design features the likeness of Grant and the inscriptions JULIA GRANT, IN GOD WE TRUST, LIBERTY, 2011, 18th and 1869-1877.
The reverse (tails side) of the coin was designed by U.S. Mint AIP Master Designer Richard Masters and sculpted by U.S. Mint Sculptor-Engraver Charles L. Vickers. The design captures the courtship of a young Julia Dent and future Civil War general and president, Ulysses S. Grant, horseback riding at her family’s plantation, White Haven. Inscriptions are UNITED STATES OF AMERICA, E PLURIBUS UNUM, $10, 1/2 OZ. and.9999 FINE GOLD.
Maximum mintage is set at 15,000 coins across both proof and uncirculated quality product options. Customer demand will determine the ratio of proof coins to uncirculated coins produced within the total maximum issuance of 15,000 coins. There is no household order limit for the coin.
Pricing for the gold coins will be based on the United States Mint’s pricing structure for precious metals. The 1-5/16″ bronze medals, which bear a likeness of the gold coin, will be available for $7.95 each.
Orders will be accepted at http://www.usmint.gov/catalog or at 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may order by calling 1-888-321-MINT (6468). A shipping and handling fee of $4.95 will be added to all domestic orders.
Note: To ensure that all members of the public have fair and equal access to United States Mint products, orders placed prior to the official on-sale date and time of June 23, 2011, noon ET shall not be deemed accepted by the United States Mint and will not be honored. For more information, please review the United States Mint’s Frequently Asked Questions, Answer ID #175.
About the U.S. Mint
The United States Mint, created by Congress in 1792, is the Nation’s sole manufacturer of legal tender coinage and is responsible for producing circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces proof, uncirculated and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.
For information about the First Spouse Gold Coin Program, please visit http://www.usmint.gov/mint_programs/firstSpouse/.