On Wednesday, July 22, there’s a very good chance that the United States Mint will lower prices on more than two dozen collectible gold coins.
Current U.S. Mint pricing is based on a weekly average of London gold that’s within the range of $1,150 to $1,199.99 an ounce. Gold has tumbled to a more than five-year low in recent days, pulling the average down and into a coin pricing tier that is $50 lower.
Update: Gold coin prices were reduced, although much later than usual on Wednesday. The new prices are listed in the "To column" further below.
Gold at this writing is trading near $1,108 an ounce. If Wednesday’s London PM gold price remains below $1,150 an ounce, expect the following reduced coin prices:
|2015-W Proof Gold Buffalo Coin (1 oz)||$1,540.00||$1,490.00|
|2015-W Uncirculated Gold Eagle Coin (1 oz)||$1,475.00||$1,425.00|
|2015-W Proof Gold Eagle Coin (1 oz)||$1,510.00||$1,460.00|
|2015-W Proof Gold Eagle Coin (1/2 oz)||$770.00||$745.00|
|2015-W Proof Gold Eagle Coin (1/4 oz)||$397.50||$385.00|
|2015-W Proof Gold Eagle Coin (1/10 oz)||$170.00||$165.00|
|2015-W Proof Gold Eagle Four-Coin Set||$2,797.50||$2,705.00|
|2015 US Marshals Proof Gold Coin||$393.30||$381.15|
|2015 US Marshals Uncirculated Gold Coin||$388.30||$376.15|
|2015 US Marshals Three-Coin Set||$454.30||$442.15|
|2014 Proof Gold Kennedy Gold Coin||$1,165.00||$1,127.50|
|2013, 2014 & 2015 First Spouse Gold Proof Coins||$790.00||$765.00|
|2013, 2014 & 2015 First Spouse Gold Uncirculated Coins||$770.00||$745.00|
The U.S. Mint has made eight prior pricing adjustments this year, raising them four times and dropping them four times. The most recent instance was a lowering of prices on May 27.
If the weekly average of gold remains within $1,100.00 to $1,149.99 an ounce through next week, the highly-anticipated 2015-W $100 American Liberty High Relief Gold Coin will be priced at $1,540 when it launches at noon EDT on July 30. (See its pricing grid.)
When called for, pricing changes on Wednesdays have tended to happen around 2:00 PM ET. This article will get updated with what actually happens.
The above gold coins are found on the U.S. Mint’s website page located here.