2008 American Eagle Gold Proof Coins for Collectors

by CoinNews.net on March 5, 2008 · 3 comments

2008 American Eagle Gold Proof CoinThe United States Mint opened orders for the always eagerly awaited American Eagle Gold Proof Coins. 2008 marks the twenty-second year for the collector series of four 22-karat coins.

Each of the four sized collector gold proof coins bear the "W" mintmark to indicate they were minted at West Point – the facility responsible for the entire family of American Eagle proof and uncirculated coins in gold, silver, and platinum.

Coin designs, sculptors and themes

The coin bears the distinctive designs of Augustus Saint-Gaudens‘ rendition of Liberty, recognized as one of the world’s most beautiful designs, and sculptor Miley Busiek’s equally majestic golden eagle scene meant to symbolize family tradition and unity.

The obverse or heads side of the proof coin shows Liberty with flowing hair and holding a torch in one hand and an olive branch in the other. The reverse or tails side of the coin has an image of a male eagle carrying an olive branch and flying above a nest with a female eagle and her hatchlings.

Each coin comes within an attractive blue velvet, satin-lined presentation case and a Certificate of Authenticity signed by the current Director of the United States Mint, Edmund C. Moy.

Mintage, prices, limits, sizes and past American Eagle sales

As is traditional, the proof coins have production limits in place. The one-ounce, half-ounce, quarter-ounce and tenth-ounce coins may be purchased separately or together in a four-coin set.

Coin Size

Product Limit

Maximum Limit

Current Price

1 ounce 25,000 60,000 $1,199.95
1/2 ounce 15,000 35,000 $609.95
1/4 ounce 16,000 51,000 $329.95
1/10 ounce 30,000 65,000 $149.95
4-Coin Set 35,000 N/A $2,199.95

Gold prices affect American Eagle sales

The price of collector proof coins will always exceed their bullion value. However, new bullion coin prices can move up or down based on their content. In fact, the U.S. Mint has suspended bullion coin sales several times to readjust their prices due to changing gold and platinum prices.

For a perspective, London gold closed at 984.75 an ounce on March 4, 2008, the day the Mint started selling the 2008 American Eagle Gold Proof Coins. (Check for the latest live silver, gold and platinum spot prices.)

2007 American Eagle bullion sales figures

According to Mint figures, the following quantities of 2007 American Eagle bullion coins were sold (includes uncirculated versions):

American Eagle Gold Proof 4-coin set

Coin Size

Quantity Sold

1 ounce 140,016
1/2 ounce 47,002
1/4 ounce 34,004
1/10 ounce 190,010

Order details

American Eagle gold proof coins may be ordered on the Mint page:

American Eagle Gold Proof Coins

Orders may also be placed using the Mint’s toll free number 1-800-USA-MINT (872-6468). Hearing and speech-impaired customers may place orders and inquiries through TTY at 1-888-321-MINT (6468).

{ 3 comments… read them below or add one }

Koichi Ito March 6, 2008 at 3:59 am

Why not 24 Karrot Gold Eagle since Gold Buffalo is 24 karrot? We have Platinum Eagle so why not Palladium Eagle Coin?

Kristen Mayes November 13, 2008 at 7:42 am

thats alot of money for a coin!!!!!!!!!!

Jim Lundberg November 17, 2008 at 4:10 pm

They are discontinuing some of the collector coins and these sound like collector only coins. Palladium would be more than silver and less than gold though.

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