Gold Coin Sales Halted by U.S. Mint, Round Two


Gold climbed to its newest 28 year high Monday, November 5. It reached $814.20 on the New York Mercantile Exchange and finally settled to $810.80 an ounce.

In reaction and as analyzed and then predicted Friday, Nov. 2, the United States Mint halted Uncirculated Gold American Eagles sales once again.

Similar to their very first suspension on September 13, the U.S. Mint listed below each of their American Eagle Gold uncirculated products (one ounce, one-half ounce, one-quarter ounce, one-tenth ounce and four-coin set) the following statement:

"Due to the increasing market value of gold, the American Eagle Gold Uncirculated Coins are temporarily unavailable while pricing for this option can be adjusted; therefore, no orders can be taken at this time."

The last time the Mint suspended the American Eagles Gold sales, they were unavailable for over a month. The suspension was finally lifted October 15.

How long they’ll be unavailable this round only the Mint knows. Perhaps they’ll finally initiate a system where the price of their bullion coins can fluctuate with the daily bullion market and stoppages become mute. A continual stop and go product policy isn’t very conducive to maintaining a trusting customer base.

At the time of this writing, the Mint’s proof gold coins – American Eagle and Buffalo – are still available for sale.

Notify of

Inline Feedbacks
View all comments

[…] the surging movement of bullion, the Mint has implemented cycles of coin suspensions in order to reintroduced coins at higher […]

[…] Monday, November 5, the United States Mint suspended gold American Eagle Uncirculated coins once again due to bullion prices. Those are still on hold, but a day later the Mint resumed sales […]

[…] gold declined, the U.S. Mint hasn’t yet resumed sales for their Uncirculated Gold American Eagle […]

[…] for good? It would appear so. There’s no temporary disclaimer, like other coins who’s sales have been suspended for pricing […]

[…] U.S. Mint’s Uncirculated Gold American Eagle coins are still suspended for sale. It would appear their American Eagle Silver Uncirculated "W" coins have sold out with no […]

[…] uncirculated 2007 gold American Eagles coins – is less likely to happen given the U.S. Mint’s ever-lasting eagle suspensions. But that’s another […]