US Mint Gold Coin Pricing Cuts Possible on Wed., Nov. 30

by Mike Unser on November 29, 2016 · 4 comments

2016-w-walking-liberty-centennial-gold-coin-obverse

The U.S. Mint on Wednesday may trim prices on gold coins, like the newly released centennial 2016-W Walking Liberty Gold Half-Dollar

On Wednesday, Nov. 30, the United States Mint may reduce prices on its suite of collector gold coins by as much as $50 for every ounce of gold they contain.

The agency’s collections of numismatic gold coins have prices that can change weekly depending on the trending value of gold. The U.S. Mint most recently cut prices on Nov. 16 when the average for gold slipped between $1,200.00 and $1,249.99 an ounce. The precious metal has since hit a more than 9-1/2-month low and is now trading near $1,187 an ounce.

If the Wednesday PM LBMA gold price remains below $1,200 an ounce, then coin prices will fall. The following table lists the current and possible prices:

Current Possible
2016-W Gold Mercury Dime* $205.00 $200
2016-W Walking Liberty Gold Half-Dollar $865.00 $840.00
2016-W Standing Liberty Gold Quarter $460.00 $447.50
2016-W $5 NPS Gold Proof Coin $405.45 $393.30
2016-W $5 NPS Gold Uncirculated Coin $400.45 $388.30
2016-W $5 NPS Three-Coin Proof Coin $466.45 $454.30
2016-W $5 Mark Twain Gold Proof Coin $405.45 $393.30
2016-W $5 Mark Twain Gold Uncirculated Coin $400.45 $388.30
2016-W Proof Gold Buffalo Coin (1 oz) $1,590.00 $1,540.00
2016-W Uncirculated Gold Eagle Coin (1 oz) $1,525.00 $1,475.00
2016-W Proof Gold Eagle Coin (1 oz) $1,560.00 $1,510.00
2016-W Proof Gold Eagle Coin (1/2 oz) $795.00 $770.00
2016-W Proof Gold Eagle Coin (1/10 oz) $175.00 $170.00
2016-W Proof Gold Eagle Coin 4-Coin Set $2,890.00 $2,797.50
2015 & 2016 First Spouse Gold Proof Coins $815.00 $790.00
2015 & 2016 First Spouse Gold Uncirculated Coins $795.00 $770.00

 

*The centennial gold Mercury dime has been unavailable for some time.

The U.S. Mint made nine pricing changes earlier in the year, raising them in all but three instances. Past adjustments have tended to happen on Wednesdays at around 2:00 p.m. Eastern Time. This article will be updated with what actually happens.

Update: The United States Mint reduced prices.

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

{ 4 comments… read them below or add one }

Lindy November 30, 2016 at 1:16 pm

Price cuts are as predicted.

If gold ounce drops another $30 for a week then these 1/2 ounce Gold Walkers will be priced at $50 below their $865 launch price.

Gold ounce price is down 8% in November 2016.

Whistler November 30, 2016 at 4:06 pm

Dip deluxe today……dropped to $840…..SLQ @ 447.50……but no sure if they dropped the commem $5’s……

Rooster November 30, 2016 at 6:44 pm

Back up the truck….

T November 30, 2016 at 8:34 pm

$25 reduction and free shipping! I’ll have to buy another one to average down.

T

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