US Mint Gold Coin Prices Likely to Rise Wed., Jan. 18

by CoinNews.net on January 17, 2017 · 4 comments

2016-W $10 Nancy Reagan First Spouse Gold Proof Coin

Prices on U.S. Mint gold coins, like the 2016 Nancy Reagan coins, are expected to increase Wednesday

On Wednesday, Jan. 18, the United States Mint is likely to increase prices on 17 numismatic gold products.

The agency’s collections of gold coins have prices that can change weekly depending on the trending value of gold. The U.S. Mint most recently raised prices on Jan. 4 when the metal’s average climbed to between $1,150.00 and $1,199.99 an ounce. Gold has since jumped to a 2-month high and is now trading near $1,214 an ounce.

If Wednesday’s LBMA gold price for the PM stays above $1,200.00 an ounce, then prices of U.S. gold coins will increase by as much as $50 for every ounce of the precious metal they contain.

The following table lists current and possible coin prices:

Current Prices Likely Prices
2016-W Walking Liberty Gold Half-Dollar $840.00 $865.00
2016-W Standing Liberty Gold Quarter $447.50 $460.00
2016-W Proof Gold Eagle Coin (1 oz) $1,510.00 $1,560.00
2016-W Proof Gold Eagle Coin (1/2 oz) $770.00 $795.00
2016-W Proof Gold Eagle Coin 4-Coin Set $2,797.50 $2,890.00
2015 & 2016 First Spouse Gold Proof Coins $790.00 $815.00
2015 & 2016 First Spouse Gold Uncirculated Coins $770.00 $795.00

 

If gold coin prices move higher Wednesday, it will mark the second time this year. Last year, the U.S. Mint made eleven pricing adjustments, raising them six times and reducing them five times. In 2015, the agency made fourteen changes, dropping them in eight instances and increasing them six times.

Update (Jan. 18): As expected, the U.S. Mint increased its gold coin prices.

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

{ 4 comments… read them below or add one }

Seth Riesling January 17, 2017 at 9:06 pm

Nothing to do with gold, but the Mint & Treasury officials met with President Obama today in the Oval Office to give him the large 3-inch bronze medals for his first & second terms. A gift worth $39.95 each retail !

-NumisDudeTX

Loren January 18, 2017 at 1:05 am

The reverse is some clips from his speeches
Seems apt and appropriate
Thats what he left us with
Oh wait a minute i forgot
The child-president akso broke the country
He treated it like a toy

Chas Barber January 18, 2017 at 1:42 pm

Loren, how is it “broken”…..he tried to get health care for all (not a great plan, but what has the GOP, Dubya etc., done prior thereto- & in 6 years they are ‘working’ on a replacement…) maybe [nahh!] you don’t like HIM, maybe I don’t but what did he break? A GOP power play, he never got any cooperation so the system is broke, and we have 2 warring parties all from the Clinton “Impeachment” that is why there is no cooperation. Broken is Congress doing NOTHING for 6 years but stalling so Obama could fail, breaking is stalling for a year on SCOTUS nominee, Broken is & was McConnell, within a month of 44th Inaug., proclaiming “we are going to do all we can to make him a 1 term POTUS…” He has not been any panacea for the nation. But, we sit today even more divided & have a person of ?’able competency coming into office, let’s see what he can “break” maybe the health care system, civil rights, or how much he & his crony billionaire$ reap from self-dealing (i.e. Dr. Price)… Regardless this is about the price of gold & we see that Mr. T can open his twitter & cause a crash or boom by his unrestrained ranting or statements, which may fly like drones over the next 4 years. Hope you don’t get sick after they repeal ACA…..oh you got $4 in your HSA, that will cover the lobotomy…..right !?

Dwight January 18, 2017 at 1:58 pm

The U.S. Mint website did not increase their gold prices by 12:00 PM EST Wednesday January 18, 2017. However later by 2:45 PM EST Wednesday January 18, 2017, the U.S. Mint website finally increased their gold prices. That means there would still be a window of opportunity to place an order at the previous week’s gold prices earlier on a Wednesday before the gold prices are ultimately updated. I have noticed this before.

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