On Tuesday, August 28, 2012, the U.S. Mint stopped selling the uncirculated Julia Grant First Spouse Gold Coin.
The online product page for it may still be found, but it prominently displays the words ‘Sold Out’ in red font.
As stated on Coin Collecting News before, sold out is a bit of a misread for recent First Spouse Gold Coins that are no longer offered since their sales have fallen far short of their published mintages. The U.S. Mint is producing these coins to meet collector demand, but that demand has plunged after the first year of the coins’ release in 2007.
Part of the reason for lower sales is their high cost. Each First Spouse Gold Coin is minted from one-half ounce of 99.99% fine, or 24-karat, gold. Throw on top of that the premium as a collectible and the coins are listed at prices of more than $900 apiece.
Latest Reported Sales
The gold coins are sold in proof and uncirculated qualities. The Julia Grant First Spouse Gold Coin was released on June 23, 2011. The proof version became unavailable on March 31, 2012. Its last reported sales were 3,969. While likely to change a bit, the U.S. Mint reported sales as of Monday, August 27, for the uncirculated Julia Grant First Spouse Gold Coin at 2,952.
These sales combine to 6,921. The U.S. Mint had originally announced plans to produce a combined 15,000 of the coins featuring Julia Grant.
Remaining and Upcoming Releases
Currently, there are only two coins in the series being sold by the U.S. Mint. They include the proof Lucretia Garfield and the proof Lucy Hayes. These were both released last year.
Because the U.S. Mint is running across problems producing two of this year’s issue, it has delayed all of them. Normally by this time of year three of the four first spouse coins would have launched. As of this writing, the U.S. Mint has not yet announced when the 2012 First Spouse Gold Coins will be released.