United States Mint numismatic gold coin products are poised for pricing cuts Wednesday based on similar conditions that existed last week.
A reduction in coin prices was almost assured last week until a wild few hours shot gold prices higher and stopped them. Unless the same thing happens once again, the following U.S. Mint coins will undergo pricing adjustments:
Update: The U.S. Mint on Wednesday reduced prices for its numismatic gold products. As expected and discussed at the bottom of this article, the price did not change for the proof Platinum Eagle. New gold coin prices are shown in the “To” column immediately below.
|2013-W Proof American Buffalo Gold Coins (1 oz)||$1,790.00||$1,740.00|
|2013 Proof 5-Star Generals $5 Gold Coins||$454.05||$441.90|
|2013 Uncirculated 5-Star Generals $5 Gold Coins||$449.05||$436.90|
|2012 Proof First Spouse Gold Coins||$915.00||$890.00|
|2012 Uncirculated First Spouse Gold Coins||$895.00||$870.00|
|2013-W Proof American Eagle Gold Coins (1 oz)||$1,760.00||$1,710.00|
|2013-W Proof American Eagle Gold Coins (1/2 oz)||$895.00||$870.00|
|2013-W Proof American Eagle Gold Coins (1/4 oz)||$460.00||$447.50|
|2013-W Proof American Eagle Gold Coins (1/10 oz)||$195.00||$190.00|
|2013-W Proof Gold Eagle Four-Coin Set||$3,260.00||$3,167.50|
Current numismatic gold coin prices are based on a weekly average of London gold fixings that fall within $1,400 to $1,449.99 an ounce. Tomorrow’s AM gold Fix must still be considered, but the current average is already strongly within a lower coin pricing tier of 1,350 to $1,399.99 an ounce — like it was last week. The directional PM gold Fix will again be the key. If it stays under $1,400 an ounce, the above pricing cuts will occur.
There is a smaller chance that the U.S. Mint’s only platinum coin, the 2012-W Proof American Platinum Eagle, will move from $1,850 to $1,800. The coin’s price is currently based on a weekly average of London platinum fixings that sit within $1,450 to $1,499.99 an ounce. If Wednesday’s AM fixing for platinum drops sharply to below $1,423.97 an ounce and the PM fixing is under $1,450 an ounce, then the Platinum Eagle’s price will fall.
When conditions call for new coin prices, the U.S. Mint tends to implement them around noon ET. Last Wednesday the U.S. Mint did reduce prices on silver sets.
Price is never an issue. I’m pretty sure my granddaughter will get way more than I pay for them.
D2, Price never an issue? How about a Gold, Silver, Platinum Dimond studded 1000 oz Moon Rock Eagle for $49 million? lol