2017 Proof American Gold Eagle Prices

by Mike Unser on February 28, 2017 · 7 comments

2017-W $10 Proof American Gold Eagle

The 2017-W $10 Proof American Gold Eagle and other sizes go on sale Thursday

On Wednesday, Mar. 1, the United States Mint may increase prices on 17 numismatic gold products. The bureau will also set prices for its 2017-dated Proof American Gold Eagles. They launch on Thursday, Mar. 2.

The U.S. Mint’s collections of gold coins have prices that can change weekly depending on the trending value of gold. The Mint most recently raised prices on Jan. 18 when the yellow metal’s average climbed to between $1,200.00 and $1,249.99 an ounce. For the last several days, gold has logged 3-1/2-month highs and is now trading near $1,257 an ounce.

If Wednesday’s LBMA gold price for the AM is above $1,234.75 an ounce and the fixing for the PM stays above $1,250.00 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 summarizes the current and possible higher prices, and includes the upcoming 2017 Proof American Gold Eagles.

Current Prices Possible Prices
2017-W Proof Gold Eagle Coin (1 oz) $1,560.00 $1,610.00
2017-W Proof Gold Eagle Coin (1/2 oz) $795.00 $820.00
2017-W Proof Gold Eagle Coin (1/4 oz) $410.00 $422.50
2017-W Proof Gold Eagle Coin (1/10 oz) $175.00 $180.00
2017-W Proof Gold Eagle Coin 4-Coin Set $2,890.00 $2,982.50
2016-W Walking Liberty Gold Half-Dollar $865.00 $890.00
2016-W Standing Liberty Gold Quarter $460.00 $472.50
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 4-Coin Set $2,890.00 $2,982.50
2015 & 2016 First Spouse Gold Proof Coins $815.00 $840.00
2015 & 2016 First Spouse Gold Uncirculated Coins $795.00 $820.00

 

The United States Mint made two pricing adjustments earlier this year, raising them on Jan. 4 and again on Jan 18. Past adjustments have tended to happen on Wednesdays at around 2:00 p.m. ET. This article will get updated with what actually happens.

Update: Gold prices dropped Wednesday, with the PM fixing at $1,240.40 an ounce. As a result, the U.S. Mint did not raise its prices. The launch prices of the upcoming 2017-dated proof American Gold Eagles are in the left column of the table above.

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

{ 7 comments… read them below or add one }

Silgold February 28, 2017 at 6:56 pm

The coin dealer buy our collection way to low ! Should i continue my gold coin collection, i am near retired .My kids and my grandchildren have no interest in this Hobby. Can someone advice me what to do ?

Joe C. March 1, 2017 at 12:01 pm

Silgold,
You can give the coin collection to anyone you like. Maybe another relative who might be interested in coins. If not, you can leave the collection to charity or a coin club. If you keep the collection until you pass on, be sure to have a will and a living trust designating where you want the collection to go.
Of course, the other option is selling the collection and take a lose on what you paid for the coins. At lease you would recover part of what you paid.
I hope this helps.
Joe C.

Dwight March 1, 2017 at 1:44 pm

Silgold,
You should collect gold coins for the pleasure of numismatics. In regards to gold as an investment or a hedge for the future. Jim Rickards believes that gold could rise to $10,000 per troy oz. @ https://www.youtube.com/watch?v=70xBQ2lL_pE&t=1186s

FLSharkvictim March 1, 2017 at 6:21 pm

Dwight, Dwight, Bullion is the worst investment one can make being a numismatics. People like Eric Sprott predicted that silver was going to hit 50 bucks an ounce and it almost did, it hit $48.50 that year and then it dropped down to $25.00 bucks in a matter of months. I will not touch any bullion b/c you can’t just wave your magic won and hope that prices go up. These type guys with their predictions are like broken clocks. I am sure you remember that. I only collect Graded Silver coins and Proof graded coins. I follow 3 very simple tiny rules before buying any coin 1) Rarity, 2) Eye Appeal and # 3) Quality. No matter what silver does, even if it drops to 10 dollars an OZ – The Morgon Dollar, Franklin Halves, Peace Dollars & Silver Panda coins will always be in high demand due to the fact of low mintages / rarity and the quality of the coin. Example what’s interesting about the Morgan dollar is that the basic set requires a total of 97 coins, struck at five different mints, over a total of 43 years.

Did you know that there are only about 1% of Morgan dollars are left on the market, that’s pretty amazing if you think about it. Check out the prices for the full run of the franklin halves in a PF67 grade from 1950 thru 1963. Last time looked the price was way over 10K for only 13 silver coins, that’s even IF YOU can even find them in that high of a grade. Not to mention the Peace dollars in PF 64 or higher are fetching insane prices just like some of the Morgan dollars from the Carson City mint. My point is no matter what silver does these type of coins will always be in a high demand b/c the is the US mint does not make them anymore and the majority have been melted down due to the pitman act. I myself are into Chinses Silver Proof Panda coins WHICH i believe are the HOTTEST coins on the market currently. See the Chinse are very smart when they mint their Pandas – they don’t make One Hundred thousand of them a month like the US MINT does with our Silver eagle program. I would not buy a silver eagle if they were 10 bucks a pcs b/c only a few are worth anything. The silver and gold eagle program is terrible in my opinion. 1st they never chang ethe design which is super boring and they a make way to many. Dont you think that the mint has made enough money off the eagle program my gosh. It just blows my mind on how many silver eagles they mint instead of the Chinese with their Silver Panada program. I think the 2017 silver pandas mintage is like 8 million, unlike the silver eagle program.

nygrump March 6, 2017 at 2:46 pm

gotta buy your pandas (and all coins) from a reliable source, since the US Govt won’t protect us from China counterfeits.

Seth Riesling March 6, 2017 at 8:41 pm

nygrump –

So true! China produces more counterfeit coins each year than all other countries combined. Why collectors in the USA trust the communist government of the People’s Republic of China on their precious metals panda coins annual mintage figures is beyond me. And, by purchasing these Chinese bullion coins, collectors are supporting the second most repressive regime on Earth next to North Korea. Sad!

-NumisDudeTX

Joe C. March 6, 2017 at 11:05 pm

Seth,
On your reply to nygrump, Your second comment is why I have never bought ANY coins from China and never will. it’s a shame we are forced to buy so much stuff from them already.

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