Falling gold prices have set the stage for possible price reductions on United States Mint gold coins, including the new 2015-W Proof Gold Buffalo.
One week after they advanced, the U.S. Mint on Wednesday could cut coin prices as the average weekly price of gold has slipped slightly below $1,200 an ounce. The Mint this year has already made five pricing adjustments — raising them three times and dropping them twice. The last instance was on April 8 when the average of London gold climbed into the $1,200.00 to $1,249.99 an ounce range.
Coin News Update: The U.S. Mint did lower prices, which are shown in the "To" column further below.
While gold prices on Wednesday must still be considered, the precious metal’s weekly average is now within a pricing tier that’s $50 lower. If Wednesday’s London gold AM price is below $1,217 an ounce and the PM price is under $1,200 an ounce — prices at this writing are falling toward $1,192, then expect these changes:
|2015-W Proof Gold Buffalo Coin (1 oz)||$1,590.00||$1,540.00|
|2015-W Proof Gold Eagle Coin (1 oz)||$1,560.00||$1,510.00|
|2015-W Proof Gold Eagle Coin (1/2 oz)||$795.00||$770.00|
|2015-W Proof Gold Eagle Coin (1/4 oz)||$410.00||$397.50|
|2015-W Proof Gold Eagle Coin (1/10 oz)||$175.00||$170.00|
|2015-W Proof Gold Eagle Four-Coin Set||$2,890.00||$2,797.50|
|2015 US Marshals Proof Gold Coin||$405.45||$393.30|
|2015 US Marshals Uncirculated Gold Coin||$400.45||$388.30|
|2015 US Marshals Three-Coin Set||$466.45||$454.30|
|1964-2014 Proof Gold Kennedy Gold Coin||$1,202.50||$1,165.00|
|2013 & 2014 First Spouse Gold Proof Coins||$815.00||$790.00|
|2013 & 2014 First Spouse Gold Uncirculated Coins||$795.00||$770.00|
The above numismatic gold coins are found on the Mint’s website page located here.
When called for, pricing changes have happened around 2:00 PM ET. As always, this coin news article will get updated with what actually happens.