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:
|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.