The United States Mint opened orders for the always eagerly awaited American Eagle Gold Proof Coins. 2008 marks the twenty-second year for the collector series of four 22-karat coins.
Each of the four sized collector gold proof coins bear the "W" mintmark to indicate they were minted at West Point - the facility responsible for the entire family of American Eagle proof and uncirculated coins in gold, silver, and platinum.
Coin designs, sculptors and themes
The coin bears the distinctive designs of Augustus Saint-Gaudens‘ rendition of Liberty, recognized as one of the world’s most beautiful designs, and sculptor Miley Busiek’s equally majestic golden eagle scene meant to symbolize family tradition and unity.
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Back on October 10, the United States Mint first suspended several platinum coin sales.
With the surging movement of bullion, the Mint has implemented cycles of coin suspensions in order to reintroduced coins at higher prices.
Unfortunately, the suspensions to date haven’t been a one or two day event but instead lasted weeks. Fortunately, the wait for the resumption of American Eagle Platinum Uncirculated coins is now over.
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Proof 2007 American Buffalo Gold coins were taken off the market and the American Eagle Platinum Uncirculated coins quickly followed suite.
The bullion coins join the ranks of the American Eagle Gold Uncirculated coins that were removed for sale back on September 13.
Yes, that’s nearly a month ago now.
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Gold is continuing through its extended gains and hit a spot price of $746.30 an ounce early Monday morning. That’s the highest level seen since January 1980.
Will increasing gold prices continue to forestall the resumption of U.S. Mint gold coin sales? To date, it appears that way.
On September 13th, the United States Mint suspended the sale of all their 2007 American Eagle Gold Uncirculated Coins.
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