2012-W Uncirculated American Gold Eagle Sold Out

by Mike Unser on November 14, 2012 · 1 comment

The 2012-W $50 Uncirculated American Gold Eagle unexpectedly sold out, joining the 2012-W Proof American Silver Eagle coin which is also no longer available as of Tuesday.

2012-W $50 Uncirculated American Gold Eagle Coin

The 2012-W $50 Uncirculated American Gold Eagle sold out with last reported sales of 6,114. That marks the lowest in the series to date.

Collectors may be less surprised about the Silver Eagle since it has been available since April and sell outs around November have occurred in past years. But the American Gold Eagle had expected to be around longer given its later July 28, 2012 release and its just reached 6,000+ in sales.

2012-W Gold Eagle Marks Latest Mintage Low

Last year’s 22-karat gold coin went on sale on May 5, 2011 and sold out in mid-January at a series mintage low of 8,822. This year’s coin looks to set a new record low with sales of 6,114 as of Monday, November 12, 2012. The gain marks a 318 increase over last week’s reported sales of 5,796.

Update: Finalized unaudited sales from the U.S. Mint place the coin at a record low of 6,118 units.

Collector proof and investor bullion American Gold Eagle coins have been around since 1986. The uncirculated coin joined the American Eagle family in 2006. To further shorten its runs, they were not produced in years 2009 and 2010 as 22-karat gold coin blanks were reserved for the two other versions. Also, during the first three years the coins were offered in four different sizes. They were only released in the single one-ounce, or $50 denomination, size in the most recent two years.

The grid below offers the Uncirculated American Gold Eagle sales/mintages over the years.

Uncirculated American Gold Eagle Sales / Mintages

  $50 (1 oz) $25 (1/2 oz) $10 (1/4 oz) $5 (1/10 oz)
2012-W 6,118 N/A
2011-W 8,822
2008-W 11,908 15,682 8,883 12,657
2007-W 18,606 11,455 12,766 22,501
2006-W 45,053 15,164 15,188 20,643

 

Reported sales of 6,114 for this year’s coin are unlikely to change much.

The 2012-W Uncirculated American Gold Eagle debuted at a starting price of $1,828.00. As the gold market fluctuated, so did the Eagle’s price. Before selling out, it listed at a price of $1,978.00.

Read this coin news article for information about the sell-out of the 2012-W Proof American Silver Eagle.

{ 1 comment… read it below or add one }

jim November 14, 2012 at 6:28 pm

Nit picking here, but a “sell out” implies a limited quantity to begin with (even if it’s 850,000). In this case as with the silver eagle the mint just decided not to make any more. “No Longer Available” or “Production Ended” is more apropos since no mintage limit was ever published.

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