Comments on: 2017-W $50 Uncirculated American Gold Eagle Released

By: Dwight

Dwight — Fri, 10 Nov 2017 17:18:13 +0000

The 2017-W $50 Uncirculated American Gold Eagle sold out by the first week of November 2017 after being available for only 5 months. Its sales figures as of November 5, 2017 was 5,800 which makes it the lowest mintage of its type. The previous low was 5,829 for the 2012-W $50 Uncirculated American Gold Eagle.

By: Scott the Robot

Scott the Robot — Mon, 05 Jun 2017 23:45:04 +0000

NumisDude – interesting point about the mintage – was unaware the mintage after 2011 has been that low.

By: Joe Brown

Joe Brown — Fri, 02 Jun 2017 02:03:56 +0000

It would be nice if the mint brings back brunished fractionals in gold & platinum eagles also the 24-karat American Buffalo coin.

By: Seth Riesling

Seth Riesling — Fri, 02 Jun 2017 00:14:11 +0000

Scott the Robot –

The only thing I can think of that kept you from getting a better offer on the coin you described is that it was the first year of the burnished finish AGE $50 coin & the mintage (sales) was very high at about 45,000 coins in 2006 – the highest by far for the entire series. Every year since 2011 this coin has sold an average of around 8,000 of these burnished coins only.
I agree that the purchase price premium is high now, but the sales (mintage) are low & they carry a good premium in the marketplace.

-NumisDudeTx

By: Scott the Robot

Scott the Robot — Thu, 01 Jun 2017 19:00:26 +0000

I owned a 2006 SP70 Gold Coin with the 20th Anniversary Label that I decided to sell this year because I don’t see gold going any higher. I could not find a buyer for more than $1,500 (this year). Therefore, I cannot believe anyone would buy an ungraded coin from the US Mint for $1,575. I guess I am the fool.