US Mint Numismatic Gold Prices May Fall Wed., June 13

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2018-W $5 Breast Cancer Awareness Gold Coins - Obverses
CoinNews photo of two 2018-W $5 Breast Cancer Awareness Gold Coins. These and other U.S. Mint gold coins could see price reductions on Wednesday, June 13

The United States Mint on Wednesday, June 13, could trim prices on its suite of numismatic gold coins. A mere 10 cents prevented cuts last week while 70 cents drove prices higher two weeks ago. Just a few cents change in gold prices may again dictate where the U.S. Mint’s prices are by late Wednesday.

The Mint’s collection of numismatic gold coins have prices that can change weekly based on the trending value of gold as compared against its 2018 pricing matrix. The agency’s current prices are based on an average of gold that is within $1,300 to $1,349.99 an ounce. Gold has hovered very near $1,300 an ounce for four straight weeks, and is currently trading just below $1,297 an ounce.

If Wednesday’s LBMA gold price for the PM remains below $1,300 an ounce, then prices of U.S. numismatic gold coins will drop by as much as $50 for every ounce of the precious metal they contain.

The following table summarizes the U.S. Mint’s current and possible gold coin pricing.

Current Prices Possible Prices
2018-W Proof Breast Cancer Awareness Gold Coin $436.00 $423.75
2018-W Uncirculated Breast Cancer Awareness Gold Coin $426.00 $413.75
2018-W American Liberty Gold Coin (1/10 oz) $215.00 $210.00
2017-W American Liberty Gold Coin (1 oz) $1,740.00 $1,690.00
2018-W Proof American Gold Buffalo (1 oz) $1,710.00 $1,660.00
2018-W Proof Gold Eagle Coin (1 oz) $1,677.50 $1,627.50
2018-W Proof Gold Eagle Coin (1/2 oz) $855.00 $830.00
2018-W Proof Gold Eagle Coin (1/4 oz) $440.00 $427.50
2018-W Proof Gold Eagle Coin (1/10 oz) $187.50 $182.50
2018-W Proof Gold Eagle Four-Coin Set $3,107.50 $3,015.00
2017-W Proof Gold Eagle Coin (1 oz) $1,677.50 $1,627.50
2017-W Proof Gold Eagle Coin (1/2 oz) $855.00 $830.00
2017-W Proof Gold Eagle Coin (1/4 oz) $440.00 $427.50
2016-W Proof Gold Eagle Coin (1 oz) $1,677.50 $1,627.50
2016-W Proof Gold Eagle Coin (1/2 oz) $855.00 $830.00

 

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 reduced gold coin prices.

Information about the above gold coins is available on the Mint’s website page located here.

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