US Mint Numismatic and Commemorative Gold Coin Prices Set for Decrease

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2011 Commemorative Gold Coins
U.S. Mint numismatic gold coins, including the commemoratives set to permanently go off sale Friday, are poised for price cuts Wednesday.

Lower prices for several United States Mint numismatic gold coins should arrive Wednesday. American Buffalos, American Eagles, commemorative and First Spouse coins are poised for a price decrease based on the Mint’s pricing policy to make adjustments on its numismatic gold products when the prevailing price of gold moves significantly.

The current threshold for United States Mint numismatic gold coin prices is based on a London Fix weekly average of between $1,700.00 and $1,749.99 an ounce. The latest average is a few dollars below $1,700 an ounce.

Expect the Mint to drop prices across the board Wednesday, unless the yellow metal rises to $1,748 an ounce or higher for the Wednesday AM Fix or the Wednesday PM Fix is $1,700 an ounce or more — these odds appear small given the metal’s current spot price of $1,635 an ounce.

Based on past adjustments, it is anticipated that the United States Mint will temporarily halt sales of the affected numismatic products around 11:00 a.m. — 12:00 p.m. ET to reintroduce them several minutes later at the the following expected prices:

Likely US Mint Numismatic and Commemorative Gold Coin Prices

United States Mint Numismatic Gold Product Current Prices Expected Prices Price Decrease
Uncirculated First Spouse $1,016.00 $991.00 $25.00
Proof First Spouse $1,029.00 $1,004.00 $25.00
American Buffalo $2,010.00 $1,960.00 $50.00
1 oz Uncirculated American Eagle $1,978.00 $1,928.00 $50.00
1/2 oz Proof American Eagle $1,006.00 $981.00 $25.00
1/4 oz Proof American Eagle $515.50 $503.00 $12.50
1/10 oz Proof American Eagle $220.50 $215.50 $5.00
Proof American Gold Eagle 4-Coin Set $3,678.00 $3,585.50 $92.50
U.S. Army $5 Commemorative – Proof $522.15 $510.00 $12.15
U.S. Army $5 Commemorative – Uncirculated $512.15 $500.00 $12.15
U.S. Medal of Honor $5 Commemorative – Proof $522.15 $510.00 $12.15
U.S. Medal of Honor $5 Commemorative – Uncirculated $512.15 $500.00 $12.15

 

The last time the United States Mint updated prices on its collector gold coins was on November 23 when prices were reduced.

Platinum prices, on the other hand, have not moved enough to result in a price change for the Proof American Platinum Eagle. Its price will remain at $1,792.00 as long as the average on the London Fix for platinum is between $1,450.00 and $1,549.99.

In other availably news, each of the commemorative coins above will permanently go off sale on Friday with a deadline ordering time of 5:00 p.m. ET.

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