US Mint 2009 UHR Double Eagle Limits Lifted Sept. 21

by CoinNews.net on September 16, 2009 · 0 comments

UHR $20 Double Eagle Gold CoinUHR $20 Gold Coin order limits will be eliminated on Monday, Sept. 21, the United States Mint announced Wednesday. It is the third change in recent months in a US Mint effort to smartly ratchet up order limits to "ensure the broadest and most fair product access."

The US Mint has added a new message to its online store that states:

 

Effective September 21, 2009 at 9:00 am (ET): The United States Mint will remove the household order limit on the 2009 Ultra High Relief Double Eagle Gold Coin.

 

UHR coin sales spiked immediately after July 27 when the Mint raised the limit from one to 10 UHRs per household. They began declining following the second limit increase of 10 to 25 on Aug. 31, however, indicating a top order threshold was no longer needed.

The gold pieces are currently priced at $1,339.00 following a recent $50 increase in a response to surging gold prices. Despite improving availability, higher graded examples continue to sell for substantial premiums on the secondary market. (See current eBay auctions.)

The included table shows UHR sales figures by week since June 28:

UHR $20 Double Eagle Gold Sales by Week

As of Date Total Sales Increase % Increase
June 28 68,114 941 1.4%
July 5 68,886 772 1.1%
July 12 69,517 631 0.9%
July 19 70,385 868 1.2%
July 26 71,250 855 1.2%
August 2 75,049 3,799 5.3%
August 9 77,799 2,750 3.7%
August 16 80,700 2,901 3.7%
August 23 82,959 2,259 2.8%
August 30 87,069 4,110 5.0%
September 6 90,048 2,979 3.4%
September 13 92,346 2,298 2.6%

 

The 24-karat, .9999 fine gold piece is digitally reproduced from Augustus Saint-Gaudens’ original ultra high relief 1907 Double Eagle. Its smaller 27 mm diameter makes it more than 50 percent thicker than modern US Mint gold coins.

The coin is limited to a single year of issue, and may be purchased from the US Mint here. Or by calling the Mint’s toll-free number, 1-800-USA-MINT (872-6468). 

For reference, the exact UHR message as it appears on the opening store page of the US Mint Web site follows:

US Mint UHR $20 Gold Coin Message

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