US Mint Black Friday & Cyber Week Savings, Gold Coin Prices Cut

by Mike Unser on November 27, 2013 · 3 comments

Earlier today, Nov. 27, the United States Mint reduced prices on its numismatic platinum and gold coins. Then on Friday, Nov. 29, the Mint launches its first ever "Black Friday and Cyber Week Savings" promotion.

US Mint Promotion of its Black Friday and Cyber Week Savings

This image, in an email, was sent to U.S. Mint customers on Wednesday to announce its upcoming Black Friday and Cyber Week Savings promotion

The two events are unrelated, but each offers U.S. Mint customers potential savings. Platinum and gold coin prices are now $50 less per ounce of precious metal content and the cyber promotion will save $4.95 on all domestic Web orders.

Prices for the platinum and gold coins can change up to weekly, with the next possible adjustments on Wednesday, Dec. 4. The Mint’s "Black Friday and Cyber Week Savings" promotion ends two days later at 5 p.m. ET on Friday, Dec. 6.

This is the second time that the Mint has offered free standard shipping. Its "Sizzling Sumer Savings" promotion introduced the savings on Jul 26 and lasted until Sept. 30. Then, the U.S. Mint was trying to encourage customers to buy products online as it rolled out new Web-based sales enhancements.

As for coin prices, gold coins were adjusted based on a weekly average of London gold that fell within $1,200 to $1,249.99 an ounce, and platinum coins were priced on a weekly average of London platinum that dropped within $1,350 to $1,399.99 an ounce. This table highlights the pricing changes:

US Mint Numismatic Coins Old Prices New Prices
2012 & 2013 W Proof American Eagle Platinum Coins (1 oz) $1,800.00 $1,750.00
2013-W Proof Gold Buffalo $1,640.00 $1,590.00
2013 Proof 5-Star Generals $5 Gold Commemorative Coin $417.60 $405.45
2013 Uncirculated 5-Star Generals $5 Gold Commemorative Coin $412.60 $400.45
2012 Proof First Spouse Gold Coins $840.00 $815.00
2012 Uncirculated First Spouse Gold Coin $820.00 $795.00
2013-W Uncirculated American Eagle Gold Coin (1 oz) $1,575.00 $1,525.00
2013-W Proof American Eagle Gold Coin (1 oz) $1,610.00 $1,560.00
2013-W Proof American Eagle Gold Coin (1/2 oz) $820.00 $795.00
2013-W Proof American Eagle Gold Coin (1/4 oz) $422.50 $410.00
2013-W Proof American Eagle Gold Coin (1/10 oz) $180.00 $175.00
2013-W Proof Gold Eagle Four-Coin Set $2,982.50 $2,890.00

 

The above products may be ordered online at www.usmint.gov/catalog.

{ 3 comments… read them below or add one }

Kevin November 28, 2013 at 12:42 am

They should’ve reduced ASE W and ATB 5 oz coins with silver prices around $20/oz

Terry Power November 28, 2013 at 6:15 am

Yeah, agreed. I would’ve clipped an extra $50 off the Platinum set also. If we didn’t have the price reduction due to the market conditions, their “Black Friday Promotion” was to save us $5 on shipping?

Whoop-dee-doo.

Happy Thanksgiving all…

Joe #2 November 28, 2013 at 10:21 am

A big big joke.

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