Comments on: Look for Cheaper US Mint Gold Coins https://www.coinnews.net/2015/04/14/look-for-cheaper-us-mint-gold-coins/ CoinNews delivers the latest World and US coin news Tue, 21 Apr 2015 23:02:52 +0000 hourly 1 https://wordpress.org/?v=7.0 By: RonnieBGood https://www.coinnews.net/2015/04/14/look-for-cheaper-us-mint-gold-coins/#comment-127332 Wed, 15 Apr 2015 15:49:33 +0000 http://www.coinnews.net/?p=51556#comment-127332 Gold has settled at approx. the $1,200 level. It will move lower and higher but without major reasons gold will settle back to this level. Gold will not again retreat to prior levels due to the devaluing of the dollar with the 3 government quantitative easing programs. The current strength of the US dollar will cause the dollar to dip but it will never return to the low levels prior to the dollar being devalued. When the US debt weighs on the economy Gold will turn higher.

]]> By: Jeff https://www.coinnews.net/2015/04/14/look-for-cheaper-us-mint-gold-coins/#comment-127306 Wed, 15 Apr 2015 04:33:14 +0000 http://www.coinnews.net/?p=51556#comment-127306 The mint publishes a grid which shows the prices for the various coins in $50 increments from about $500 to $2200. There is a fixed cost for each coin, plus the raw cost of gold based on the coins gold content. For example, the Kennedy half dollar is a 3/4 ounce coin with about a $300 markup. So, if gold hits $500 per ounce, then the cost would be roughly $675. Commemorative half eagles have .48375 oz. of gold, and their markup varies depending on whether they are struck as proofs or business (circulation – as if!) strikes.
Here’s the link to the pricing grid. –>

http://demandware.edgesuite.net/aarb_prd/on/demandware.static/Sites-USM-Site/Sites-usm-site-catalog-us/default/v1429070451455/images/PDFs/PMPricingGrid.pdf

]]> By: Ilovesilver https://www.coinnews.net/2015/04/14/look-for-cheaper-us-mint-gold-coins/#comment-127276 Tue, 14 Apr 2015 23:23:13 +0000 http://www.coinnews.net/?p=51556#comment-127276 I am thinking gold will sink down to $500-$800, then how much is these Mint proof gold coin (2012-2014) worth ?

]]>