2010-W Abigail Fillmore First Spouse Gold Coin

Tomorrow the United States Mint will release the latest issue of the First Spouse Gold Coin series. The coin will honor the spouse of President Millard Fillmore, Abigail Fillmore. She served as the First Lady from 1850 to 1853.

Abigail Fillmore First Spouse Gold

The obverse of the coin features Abigail Fillmore’s portrait, the order of the Presidency, and years served as First Lady. The reverse features an image of her shelving books in the White House Library that she founded. As with other coins of the series, each is struck in one-half ounce of 24 karat gold.

As a change from prior releases, the US Mint has set a maximum authorized mintage of just 15,000 across both proof and uncirculated versions. There will be no household ordering limit in place for the start of sales on March 18, 2010. All previous releases of the series had maximum authorized mintages set at 40,000.

Even though the recent releases of the series have not reached sales of 15,000, I think the lower maximum mintage might inspire higher sales and possibly set up a situation for a sell out.

The issues which have most recently concluded sales (the 2008 releases) have sold around 11,000 to 12,000 coins. By setting the maximum just above this level, the perception of collectors might change. Before a sell out was barely considered, now it becomes a distinct possibility. This might add a new spark to the four year old series.

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