2008-W American Eagle Gold Proof Four-Coin Set Sold Out

by CoinNews.net on December 19, 2008 · 0 comments

American Eagle Gold Proof 4-coin setChoosing which 2008 American Eagle Gold Proof coin to buy is becoming easier every day. The US Mint’s one ounce option sold out late this week, and the four-coin set just joined it.

While the Mint recently slashed gold and platinum coins — more than 20 — from its 2009 numismatic portfolio, all American Eagle gold proof options will return. For the eagle uncirculated coins, however, only the one ounce will see light in 2009. It is no wonder that the uncirculated gold series is currently experiencing the highest demand. Yet, all these coins may still be purchased.

Comparing the latest Mint sales figures shows that more collectors prefer the proof coins, but the desire to potentially own a more scarce uncirculated gold eagle that will not be minted again is driving some late-year buying decisions.

It is noteworthy that the U.S. Mint has mintage limits in place for eagle proof coins each year. These two latest sell outs do not come close to those limits. The Mint was vocal in warning its dealer network about depleted bullion coin inventories for investor coins. Buyers, unfortunately, had to assume the same for the collector coins.

Here are two tables comparing the most recent sales figures for these two series:

2008-W American Eagle Gold Proof Coins

Old Sales
New Sales
Unit Change
% Increase
Notes
1 ounce
15,759
16,327
568
3.6%
Sold Out
1/2 ounce
3,093
3,169
76
2.5%
1/4 ounce
4,533
4,639
106
2.3%
1/10 ounce
10,003
10,335
332
3.3%
4 coin set
9,350
9,569
219
2.3%
Sold Out

2008-W American Eagle Gold Uncirculated Coins

Old Sales
New Sales
Unit Change
% Increase
Notes
1 ounce
3,900
4,463
563
14.4%
1/2 ounce
1,495
1,601
106
7.1%
1/4 ounce
1,910
2,250
340
17.8%
1/10 ounce
6,764
6,911
147
2.2%
4 coin set
1,737
1,918
181
10.4%

Refer to the price guide for Mint bullion coins for updated sales figures, remaining coins and links to US Mint product pages.

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