US Mint Gold Coin Prices Likely to Decline Wed., July 22

by Mike Unser on July 21, 2015 · 2 comments

2015-W Uncirculated Gold Eagle

Prices on U.S. Mint numismatic gold coins, like the 2015-W $50 Uncirculated American Gold Eagle, are likely to decline on Wednesday.

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:

From To
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.

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Whistler
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Whistler

Surpise…no price cuts, the mint is really a dog n pony show & we the collectors get to watch their ongoing & repetitive ..gold is @ $1,093!! BS

Boz
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Boz

Seems they waited a while and were in no hurry. But the FS coins are indeed lower on Thursday. Not sure when the change happened.

Get ‘those 2013 and 2014 coins while they’re hot!