US Mint Gold Coin Pricing Hikes Likely on Wed., June 15

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2016-W $5 Proof Mark Twain Commemorative Gold Coin in Capsule, Obverse
Prices on U.S. Mint gold coins, like this Mark Twain commemorative, will likely climb on Wednesday

On Wednesday, June 15, the United States Mint will likely raise prices on about two dozen gold coins. Increases would depend on the amount of gold in each coin, and range from $5 to $50.

U.S. Mint policy is to set pricing on collector gold coins according to a weekly average of London gold. The agency most recently cut prices when gold tumbled to within the level of $1,200.00 to $1,249.99 an ounce. The yellow metal has since rallied to a more than five-week high and is now trading near $1,287 an ounce.

If Wednesday’s LBMA gold price for the PM stays above $1,250 an ounce, expect the following changes 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 five pricing adjustments earlier in the year, raising them in all but the last instance. Past adjustments have tended to happen on Wednesdays at around 2:00 p.m. Eastern Time. This article will get updated with what actually happens.

Update: As expected, the U.S. Mint raised gold coin prices on Wednesday. The new prices started to kick in at around 2:00 p.m. ET.

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

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