US Mint Gold Coin Prices May Decline Wed., May 27

by Mike Unser on May 26, 2015 · 0 comments

2015-W Proof American Gold Eagles

Pricing of 2015-W Proof American Gold Eagle products could decline on Wednesday

Prices of collectible gold coins produced and sold by the United States Mint could go down on Wednesday, May 27.

It’ll be close, whether or not that happens. The U.S. Mint averages London gold prices from each Thursday through Wednesday to determine its weekly pricing for gold coins.

Coin News Update: Coin prices decreased Wednesday at around 2:00 PM ET. New prices are shown in the "To" column further below.

Today’s sharp drop in the yellow metal, down about $18 toward $1,187 an ounce, tilted the chances a bit more in favor of lower coin prices. For that to happen, Wednesday’s London AM gold price must stick to below $1,190.87 an ounce and the PM price has to stay under $1,200 an ounce. Here’s a table showing the possible new prices:

From To
2015-W Proof Gold Buffalo Coin (1 oz) $1,590.00 $1,540.00
2015-W Uncirculated Gold Eagle Coin (1 oz) $1,525.00 $1,475.00
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 U.S. Mint this year has already made seven pricing adjustments — raising them four times and dropping them three times. The most recent instance was last week Wednesday, May 20, when the weekly average of London gold climbed to within the $1,200.00 to $1,249.99 an ounce range. When called for, pricing changes have tended to happen around 2:00 PM ET. This article will get updated with what actually happens.

The above collectible gold coins are found on the U.S. Mint’s website page located here.

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