US Mint Gold Coin Prices Expected to Rise Wed., May 4

by CoinNews.net on May 3, 2016 · 2 comments

2016-W $5 Proof Mark Twain Commemorative Gold Coin in Capsule, Obverse

Prices on U.S. Mint gold coins, like the Mark Twain issues, will likely climb on Wednesday

Expect United States Mint prices on gold collector coins to rise Wednesday by as much as $50 for every ounce of the gold they contain.

U.S. Mint policy is to set their prices based on a weekly average of London gold and the precious metal has firmly advanced to 15-month highs.

The agency last adjusted prices when gold swelled to within the range of $1,200.00 to $1,249.99 an ounce. If Wednesday’s LBMA gold price for the PM stays above $1,250 — the yellow metal is now trading near $1,291 an ounce, expect the following adjustments across these gold products:

From To
2016-W Gold Mercury Dime* $205.00 $210.00
2016-W $5 NPS Gold Proof Coin $405.45 $417.60
2016-W $5 NPS Gold Uncirculated Coin $400.45 $412.60
2016-W $5 NPS Three-Coin Proof Coin $466.45 $478.60
2016-W $5 Mark Twain Gold Proof Coin $405.45 $417.60
2016-W $5 Mark Twain Gold Uncirculated Coin $400.45 $412.60
2016-W Proof Gold Buffalo Coin (1 oz) $1,590.00 $1,640.00
2016-W Uncirculated Gold Eagle Coin (1 oz) $1,525.00 $1,575.00
2016-W Proof Gold Eagle Coin (1 oz) $1,560.00 $1,610.00
2016-W Proof Gold Eagle Coin (1/2 oz) $795.00 $820.00
2016-W Proof Gold Eagle Coin (1/4 oz) $410.00 $422.50
2016-W Proof Gold Eagle Coin (1/10 oz) $175.00 $180.00
2016-W Proof Gold Eagle Coin 4-Coin Set $2,890.00 $2,982.50
2014, 2015 & 2016 First Spouse Gold Proof Coins $815.00 $840.00
2014, 2015 & 2016 First Spouse Gold Uncirculated Coins $795.00 $820.00

 

*The centennial gold Mercury dime is currently unavailable.

The United States Mint made three pricing adjustments earlier this year, raising them each on Jan. 27, Feb. 10 and Feb. 17. Past adjustments have tended to happen on Wednesdays at around 2:00 p.m. ET. This article will get updated with what actually happens.

Update: The U.S. Mint increased coin prices Wednesday to the levels shown in the ‘To’ column above.

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

{ 2 comments… read them below or add one }

Seth Riesling May 4, 2016 at 1:55 am

It will be interesting to see when the Mint will offer the 2,490 gold Winged Liberty Head “Mercury” dimes that went unsold on first day of issue & how fast they sell out. They are selling in the secondary market for as low as $275, just $70 above issue price of $205 at some coin shops.

-NumisDudeTx

Seth Riesling May 4, 2016 at 3:14 am

As of April 29, there are 3,800 gold dimes unsold at the Mint! What a mess. And they gave an unbelievable excuse for no full split bands too ! Sad situation for sure.

-NumisDudeTX

Leave a Comment