US Mint Gold Coin Prices May Increase Wed., April 12

by CoinNews.net on April 11, 2017 · 4 comments

2017-W $50 Proof American Gold Eagle, Obverse and Reverse

Prices on proof American Gold Eagles and other gold coins from the United States Mint may increased Wednesday

On Wednesday, April 12, the United States Mint may increase prices on more than two dozen 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 reduced prices on April 5 when gold’s weekly average eased to under $1,250 an ounce. The yellow metal is now trading at a 5-month high and was last up $15.20 to $1,269.60 an ounce.

If Wednesday’s LBMA gold price for the PM remains above $1,250.00 an ounce, then prices of U.S. collector 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 Possible Prices
2017-W American Liberty Gold Coin $1,640.00 $1,690.00
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
2017-W $5 Proof Boys Town Gold Coin $405.45 $417.60
2017-W $5 Uncirculated Boys Town Gold Coin $400.45 $412.60
2017 Boys Town Three-Coin Proof Set $466.45 $478.60
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
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 four pricing adjustments earlier in the year, raising them three times and reducing them once. 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: The U.S. Mint raised 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 }

Chas Barber April 11, 2017 at 12:46 pm

Because paying 400+ over spot for a one Oz. AU coin just ain’t enuf! So, the W/L will be here for years, the 2017 HR may be here till 2020……I have soured on the mint, since the last debacle on the Pres C&C sets I don;t care, I got the SLQ, but not the W/L nor this HR. Don;t care for a series of different women as Liberty, maybe the different Liberties used by the mint sine 1792 would be too popular, Flowing Hair, Bust, Seated, Barber, Morgan, Peace, STELLA! All in gold, or SILVER what a plan, nahh let’s put on a girl with Stars the size of Miwaukee on her headband, now that’s “Liberty”…. whatever…….

Dwight April 12, 2017 at 3:52 pm

Wednesday April 12, 2017, the U.S. Mint did, in fact, increase their gold prices as aptly anticipated.

Seth Riesling April 12, 2017 at 4:56 pm

This means that if gold stays within a $50 range till May 11, the 2017 American Buffalo Proof gold 1-ounce .9999 fine coin would be priced at about $1720 since it has in recent years cost $30 more than the American Eagle gold 1-ounce .9167 fine Proof coin. Sticker shock!

-NumisDudeTX

Patrick Kleaver April 13, 2017 at 6:21 pm

The Mint is missing the boat by charging $80 more for the 2017-W American Liberty Gold Coin than they are for the 2017-W American Eagle Proof I oz. Gold Coin. Considering the Liberty has an authorized mintage of 100,000, I do not see any secondary market demand eventually developing for it and believe any collector who gets one and eventually sells it will end up just getting its bullion value.

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