On Wednesday, Nov. 4, expect the United States Mint to cut prices on nearly two dozen collectible gold coins. The agency bases pricing on a weekly average of London gold and the precious metal has fallen steadily in recent days, actually dropping to a one-month low.
Current U.S. Mint prices were established almost two weeks ago when gold firmly rallied to within the range of $1,150.00 to $1,199.99 an ounce. The yellow metal at this writing is sinking toward $1,124 an ounce.
If Wednesday’s LBMA PM gold price remains below $1,150 an ounce, expect the following reductions in gold coin prices:
|2015-W $100 American Liberty High Relief Gold Coin||$1,590.00||$1,540.00|
|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 US Marshals Proof Gold Coin||$393.30||$381.15|
|2015 US Marshals Uncirculated Gold Coin||$388.30||$376.15|
|2014 & 2015 First Spouse Gold Proof Coins||$790.00||$765.00|
|2014 & 2015 First Spouse Gold Uncirculated Coins||$770.00||$745.00|
The United States Mint has made twelve previous pricing adjustments this year, raising them six times and dropping them six times. The last instance happened on Oct. 14 when coin prices were increased. Pricing changes have tended to happen on Wednesdays at around 2:00 p.m. ET. This article will get updated with what actually happens.
Update: The Mint reduced gold coin prices Wednesday. The new prices are shown in the ‘To’ column further above.
The above gold coins are available on the U.S. Mint’s website page located here.