US Mint Gold Coin Price Reductions Likely on Wed., Dec. 21

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2016-W Walking Liberty Centennial Gold Coin - Obverse and Reverse
The chances are strong that the U.S. Mint will trim prices on gold coins, like the 2016 Walking Liberty Gold Half-Dollar

On Wednesday, Dec. 21, the United States Mint will likely reduce prices on two dozen gold products.

The U.S. Mint’s collections of collector gold coins have prices that can change weekly depending on the trending value of gold. The agency most recently cut prices on Nov. 30 when the average for gold fell to between $1,150.00 and $1,199.99 an ounce. The precious metal has since touched a 10-1/2-month low and is now trading near $1,132 an ounce.

If Wednesday’s PM LBMA gold price remains below $1,150 an ounce, then coin prices will fall by as much as $50 for every ounce of gold they contain. The following table lists the current and likely prices:

Current Likely
2016-W Walking Liberty Gold Half-Dollar $840.00 $815.00
2016-W Standing Liberty Gold Quarter $447.50 $435.00
2016-W $5 NPS Gold Proof Coin $393.30 $381.15
2016-W $5 NPS Gold Uncirculated Coin $388.30 $376.15
2016-W $5 NPS Three-Coin Proof Coin $454.30 $442.15
2016-W $5 Mark Twain Gold Proof Coin $393.30 $381.15
2016-W $5 Mark Twain Gold Uncirculated Coin $388.30 $376.15
2016-W Uncirculated Gold Eagle Coin (1 oz)* $1,475.00 $1,425.00
2016-W Proof Gold Eagle Coin (1 oz) $1,510.00 $1,460.00
2016-W Proof Gold Eagle Coin (1/2 oz) $770.00 $745.00
2016-W Proof Gold Eagle Coin (1/10 oz) $170.00 $165.00
2016-W Proof Gold Eagle Coin 4-Coin Set $2,797.50 $2,705.00
2015 & 2016 First Spouse Gold Proof Coins $790.00 $765.00
2015 & 2016 First Spouse Gold Uncirculated Coins $770.00 $745.00

 

*The uncirculated Gold Eagle has been unavailable for some time.

The U.S. Mint made ten pricing changes earlier in the year, raising them in all but four 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: As expected, the U.S. Mint decreased coin prices.

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

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Jim c

Be sure when ordering on line to get all of your info correct because when ordering the gold mercury dime I transposed a number in my zipp code and half way through the shipping process it was sent back to the mint. That dime is gone forever now because the mint will not send it back to me. Only my refund,and merry Christmas.. Prices are getting a bit better for us collectors if the dealer’s don’t swoop in and take it all. The mark up is too high already!!

Danny Morano

Their lowering the price because of recent events but most significantly, NEITHER OF THESE COINS SOLD OUT AS THEY SHOULD HAVE! The U.S. Mint needs to take a step or 2 back and take a look at what they produce and how. They should take a look at what the other Mints around the world produce and the new technologies they use. The only constant successful product they produce in the Silver Eagles. What was so special about 2015 that led them to mint so many? They should have minted millions less and in 2016, the 30th anniversary, where we’re… Read more »

Springer

Danny, you are right about the US Mint and made some good suggestions. The opportunity available to the Mint 30th anniversary of the Silver Eagles was wasted. They should have produced at least a Reverse Proof with low mintage.
And Happy Holiday’s also!

Charlie 1952

With next year being the 225th anniversary I would like to see the mint produce a silver proof set with all the coins in silver. The dollars the cent the nickel. Just for the one year. I would really like a silver nickel and cent for my collection but that will never happen.

Danny Morano

Charlie 1952,
Nice idea but, think big! What would be more popular among collectors than a 1oz. 24k Morgan Dollar in Bu, Proof, or RP, and maybe HR like the 2009 St.Gaudens. I said it before and I’ll say it again, U.S. Mint, Mint it and blow coin collecting out of the water. Mint it and they will come. So as it is written, let it be done.
DrWho7

Mammoth

Danny – Let’s hope the Mint will produce a 1oz. 24k, high-relief Peace Dollar in 2021, to comemmorate the 100th anniversary release of the silver Peace Dollar.

Having said that, to me the Peace Dollar has always looked like a ghastly severed head on the obverse. The Morgan Dollar has a much more beautiful design.

Danny Morano

Mammoth,
The Peace Dollar wold be nice too but, why does everything have to be on an anniversary? Not to sound weird but, some of us could be gone by they time some come around. I can se waiting a few years but as for the rest, do them now instead of some of these weird coins their proposing. Happy Holidays.
Regards, DrWho7