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Dockwalliper
The new Presidential dollar coin bill includes Production of an accompanying first lady $10 1/2 oz. .999 fine gold bullion coin.
I was just wondering how these would be recieved.
Tiffibunny
To expensive for me. So nope.
UncleBobo
I don't do gold.

It would have to be something to really peak my interest to get me to make an investiment like that and the first ladies just isn't the thing to do it.
bustchaser
No, first of all they are gold--by FAR the ugliest metal ever used for a coin. However, even if they were minted in an attractive metal it is simply a money making scheme for the mint. I won't be spending a dime on them. Of course, I think the entire package--presidents, first ladies, new reverses for cents, even more Sacies which won't circulate any better than the ones already laying around taking up space, etc--is simply a dumb idea.
tabbs
Are aliens allowed to vote here? If not, substract 1 from the number of votes for "Nah, it's a dumb idea." smile.gif

Christian
joanjet
Dumb idea. Can't afford it. But I am sure some will collect them.
ageka
QUOTE(tabbs @ Dec 15 2005, 08:41 PM)
Are aliens allowed to vote here? If not, substract 1 from the number of votes for "Nah, it's a dumb idea." smile.gif

Christian
[right][snapback]136709[/snapback][/right]



If I understand it right there are three sorts of aliens
Legal aliens living in the US
Illegal aliens living in the US
and we non US citizens

My money voted no
Art
Jackie -- she'll be a must have.
jlueke
QUOTE(ageka @ Dec 15 2005, 01:58 PM)
If I understand it right there are three sorts of aliens
Legal aliens living in the US
Illegal aliens living in the US
and we non US citizens

My money voted no
[right][snapback]136713[/snapback][/right]


Your forgot THOSE aliens. You know, the ones that run everything...
bunnyshock.gif
jlueke
Spending some money on silver bullion I can understand, maybe even the 1/10 oz gold. But the 1/2 ouncers are going to be pretty pricey. For $300 I can get some nice coins with infinitely more interesting history than the picture of Franklin Pierce's wife.

Quick trivia: Who was the only bachelor president?
gxseries
NOOOOOOOOO. Leave the platinum and gold eagles alone! Those are REALLY pretty! Any more nonsense coins and you will get an outrage from us (maybe?)

smile.gif

(speaking of which, I shouldn't be talking such nonsense either, I am looking at a field where there are too many varities of precious metal coins, forget gold itself sad.gif )
Coinjoe2006
I dont have any gold yet. I dont want to be my first piece to be of some first lady. Unless it was a specific one that did a lot for the country, like Ellonore.
Brett
One of the dumbest ideas ever thought up!!!!
Kat
QUOTE(Art @ Dec 15 2005, 02:22 PM)
Jackie -- she'll be a must have.
[right][snapback]136717[/snapback][/right]


Jackie and Eleanor but tell me again what the rest of them did? wink.gif
Coinjoe2006
I think its a complete waste of gold, if you ask me. What do you think the mint will do when they see that its a complete flop in the middle of the series?
Brett
I don't think it will make it to the middle of the series. I would be surprised if it made it for 2 complete years. I know they want it to me a big money maker, but I don't think there are enough general public or collectors to warrant keeping the program going.
Stujoe
I wanted to vote for both 1 and 2. grin.gif
AuldFartte
QUOTE(Brett @ Dec 15 2005, 04:04 PM)
I don't think it will make it to the middle of the series. I would be surprised if it made it for 2 complete years. I know they want it to me a big money maker, but I don't think there are enough general public or collectors to warrant keeping the program going.
[right][snapback]136842[/snapback][/right]


I agree wholeheartedly bthumbsup.gif
bobbycoin
...Only if they sold them for face biggrin.gif

-Bobby
Dan769
Not a chance
bobbycoin
QUOTE(Dan769 @ Dec 15 2005, 06:51 PM)
Not a chance
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theres my answer then wink.gif

-Bobby
Scottishmoney
Yeah I would buy one if Cindy Crawford or Mariya Sharapova were the First Lady.
Dockwalliper
QUOTE(jlueke @ Dec 15 2005, 02:51 PM)

Quick trivia:  Who was the only bachelor president?
[right][snapback]136732[/snapback][/right]


Chester A. Arther and you know who gets to be on his "First Lady" coin?.....

in the case
5 of President Chester Alan Arthur, by
6 a design incorporating the name and
7 likeness of Alice Paul, a leading strat-
8 egist in the suffrage movement, who
9 was instrumental in gaining women
10 the right to vote upon the adoption of
11 the 19th amendment and thus the
12 ability to participate in the election of
13 future Presidents, and who was born
14 on January 11, 1885, during the term
15 of President Arthur; and
16 ``(ii) the reverse of such bullion coin
17 shall be of a design representative of
18 themes of such President, except that in
19 the case of the bullion coin referred to in
20 clause (i)(II) the reverse of such coin shall
21 be representative of the suffrage move-
22 ment.
jlueke
They might have better luck selling this if they added a First Mistresses series as well.
fjrosetti
Wonder what happen if, after a few are issued, someone starts a poll for best/worst designs. Who ends up at the bottom of the heap? And the top? This could turn into a beauty contest!!
izzy452
save your money .
Conder101
< Quick trivia: Who was the only bachelor president?

Chester A. Arthur

BZZZZ Sorry wrong answer. Chester A Arthur was not a bachelor, he was a widower.

James Buchanan was our only bachelor president.

Here is a picture of Mrs Arthur, she died the year before her husband took office.
user posted image
Becky
I'll stick to the Darkside gold. I just love the beautiful designs grin.gif
jlueke
Here's the Wiki page on the bachelor president. Of course they have to speculate on his sexual orientation rolleyes.gif

Now here's a tough one: Who was the only bachelor vice president?
Google is cheating tongue.gif
Dockwalliper
The Buchanan first lady coin might be the only one worth owning.

Theres gonna be 2 Mrs. Wilson coins too.
mmarotta
I voted Nah, Its a dumb idea. Some of them do deserve commemoratiion.

Dolley Madison is perhaps underappreciated for the social grace that she brought to the White House. Not that Martha Washtingon lacked any, but that Dolley Madison made the executive Mansion worthy of its duties. "Dolley's social graces made her famous. Her political acumen, prized by her husband, is less renowned, though her gracious tact smoothed many a quarrel. Hostile statesmen, difficult envoys from Spain or Tunisia, warrior chiefs from the west, flustered youngsters--she always welcomed everyone. "

Jacqueline Lee Bouvier Kennedy also qualifies for the same reasons. Her ability to speak French and Spanish, and her interest in the arts, were important to the White House and the nation. According to the biography of John Kennedy by Theordore Sorenson, JFK regarded her as an advisor, equal to his others. Those old enough to remember the Kennedy Administration, might know a parody recording called The First Family. On one track you hear quiet social noises from a large crowd and a vocie announces "Senior Pablo Casals...." and about five or six more from the headlines, Leonard Bernstein, Nobel Prize winners, Pablo Picasso, and so on. The voice of President Kennedy played by Vaughn Meader says quietly, "Jackie, why do we always entertain your friends?"

Then there is the Evil First Lady, Darth Eleanor Roosevelt. If you accept the conceptual framework of our constitutional republic, and if you accept the premise that America "had to defend itself in World War II" and if you think that the government "had to so something the Depression" then you have to admit that Eleanor Roosevelt was the single most politically powerful First Lady. For 15 years, we had not a President, but two Co-Presidents. Hate her for her politics if you must (and I do), but you have to give her her due.

Of the two Mrs. Wilsons, Edith Boling Galt is the one remembered by history. "Secret President," "first woman to run the government" -- so legend has labeled a First Lady whose role gained unusual significance when her husband suffered prolonged and disabling illness. ... She selected matters for her husband's attention and let everything else go to the heads of departments or remain in abeyance. Her "stewardship," she called this.

(All biographies from http://www.whitehouse.gov/history/firstladies/)

If the topic interests you, go to the White House website for First Ladies and read about them. You may have nonimations of your own.

However, what I voted "Nah." to was that collectively, they are just Mrs. President. So, too, are many of the men merely Mr. President. Perhaps I wrong Zachary Taylor, Millard Filmore or William Henry Harrison, but not all the men deserve coins, either. It is a famous quip that when she heard that Calvin Coolidge had died, Dorothy Parker asked, "How could they tell?"

Now, I am willing to reconsider. JOHN ADAMS has been called the "underappreciated genius." For example, did you know that it was John Adams who defended the British soldiers who committed the Boston Massacre. It hurt his career, but he was determined that they get a fair trial. That took courage. Much of his life was like that, apparently, but he was overshadowed by two other titans: Washington and Jefferson.

So, my longwinded proposition is that SOME deserve a commemorative coin, but I am philosophically opposed to collectively honoring "everyone" for the achievements of a few. Honor the achievers.
mmarotta
(nothing. doubleclick error.)
Dockwalliper
These will be 1/2 oz 99.99 fine gold. With gold around $500 what do you figure the mints price will be?

$300?....$400?
Brett
I think they have them currently priced for $250. But with gold prices ever changing, i'm sure it won't stay at that price. And even at that price, most collectors couldn't afford to buy the whole series.
Blackhawk
Barbara Bush is already on the US dollar banknote. laugh.gif
henare
QUOTE(Kat @ Dec 15 2005, 02:50 PM)
Jackie and Eleanor but tell me again what the rest of them did?  wink.gif
[right][snapback]136818[/snapback][/right]

mrs clinton polarized the nation like many past presidents never could hope to.
henare
these "coins" are basically a monetized version of the gas station tokens that were common in the 1960's and earlier ...
Sir Sisu
QUOTE(Dockwalliper @ Dec 18 2005, 04:12 AM)
These will be 1/2 oz 99.99 fine gold. With gold around $500 what do you figure the mints price will be?

$300?....$400?
[right][snapback]137561[/snapback][/right]



I think the absurdity of commemorating the First Ladies in addition to the rise of gold prices may ultimately conspire to make this series bomb.
Conder101
QUOTE(Brett @ Dec 17 2005, 08:33 PM)
I think they have them currently priced for $250. But with gold prices ever changing, i'm sure it won't stay at that price.

With gold over $500, they won't be selling 1/2 oz of gold for $250. And remember this isn't like the UGE bullion coins, these will be considered "commemoratives" to be sold to collectors for a profit. I would think $350 for the Uncs and $450 for Proofs. So you want the whole set you are talking around $35,000 for the set assuming the price of gold stays about where it is for eleven years. ($3,200 per year just for these coins, forget about all the rest of the coins the mint will be selling each year.)
jlueke
QUOTE(Conder101 @ Dec 18 2005, 12:02 PM)
With gold over $500, they won't be selling 1/2 oz of gold for $250.  And remember this isn't like the UGE bullion coins, these will be considered "commemoratives" to be sold to collectors for a profit.  I would think $350 for the Uncs and $450 for Proofs.  So you want the whole set you are talking around $35,000 for the set assuming the price of gold stays about where it is for eleven years.  ($3,200 per year just for these coins, forget about all the rest of the coins the mint will be selling each year.)
[right][snapback]137810[/snapback][/right]

The mint is back to the bad old days of the classic commems that caused the whole program to die out. Now that the two per year limit isn't enough they've decided to invade the "bullion" area.
09S-V.D.B
I would much rather buy a series comemerating the First Dogs. bthumbsup.gif
mmarotta
QUOTE
I dont have any gold yet. I dont want to be my first piece to be of some first lady.


Saving yourself for marriage?

You could find a frisky little coin that is not looking for a relationship, perhaps a $5 gold half eagle, such as this lassie:

http://coins.heritagegalleries.com/common/...394&Lot_No=5145
... just for instance. There are many fish in the sea...

Something you could own and sell for a small profit and buy another. I did that many times.

This is my "significant other." We have been together for over five years. She cost about 60% over bullion, a cheap date and fun to be with.
Dockwalliper
QUOTE(09S-V.D.B @ Dec 18 2005, 08:01 PM)
I would much rather buy a series comemerating the First Dogs.  bthumbsup.gif
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In some cases thats exactly what you will get. ok.gif
jlueke
QUOTE(Dockwalliper @ Dec 19 2005, 04:50 PM)
In some cases thats exactly what you will get. ok.gif
[right][snapback]138201[/snapback][/right]

Ouch! brazz.gif
Dockwalliper
I found this in the House record......

Rep. Maloney NY......
" I am also proud of the bill's provision for also honoring each first spouse. The bill provides for these to be issued both as gold bullion collectors items and also in a bronze version, making them more accessible to school children and the public."

From the bill......

``(8) BRONZE MEDALS.--The Secretary may strike and sell
bronze medals that bear the likeness of the bullion coins author-
ized under this subsection, at a price, size, and weight, and
with such inscriptions, as the Secretary determines to be appro-
priate.


Scottishmoney
QUOTE(Dockwalliper @ Dec 21 2005, 10:22 AM)
I found this in the House record......

Rep. Maloney NY......
" I am also proud of the bill's provision for also honoring each first spouse. The bill provides for these to be issued both as gold bullion collectors items and also in a bronze version, making them more accessible to school children and the public."

From the bill......

    ``(8) BRONZE MEDALS.--The Secretary may strike and sell
    bronze medals that bear the likeness of the bullion coins author-
    ized under this subsection, at a price, size, and weight, and
    with such inscriptions, as the Secretary determines to be appro-
    priate.
[right][snapback]138981[/snapback][/right]



At a price the Secretary determines to be appropriate, yep, too high.
thedeadpoint
Bump. Has your answer changed?
Scottishmoney
QUOTE(jlueke @ Dec 16 2005, 09:40 AM) [snapback]137140[/snapback]

They might have better luck selling this if they added a First Mistresses series as well.



Then a busty Marilyn Monroe, and ewww Monica Lewinsky and Linda Trrriippped one.
Dockwalliper
QUOTE(thedeadpoint @ Jan 20 2007, 04:48 AM) [snapback]296094[/snapback]

Bump. Has your answer changed?


Nope.
TreasureGirl
When I get out of college (and work for a while and mooch off my engineer husband), I'm planning to buy at least one of the Golden Eagle bullion just to have it for its beauty. In my opinion:

1) The presidential series as well as the First Lady series are both fugly, and though I will be collecting the presidents (mostly just to be adding something to my collection in my college career grin.gif ), there is no way I will ever buy any of the First Ladies.

2) I can understand a series of circulated coins sparking interest in collectors and non-collectors alike (the SQs and probably to a much lesser degree, the Presidents), but making a series in something so expensive (and rapidly growing in value) has no other option than to be a complete flop, at least among those of us that can't afford those million-dollar-jewel-encrusted-cell-phones
(http://estates.luxist.com/2006/12/11/the-m...phones-of-2006/) I'm afraid they'll end up scrapping the process 1/4 the way through (too many designs, too little interest) and melt them down to make more pretty Eagles.

Oh, well, in that case maybe I should buy one of each... blink.gif

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