US Mint Gold Coin Prices May Decline Wed., Sept. 27

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2017-W $50 Proof American Gold Eagle, Encapsulated
Prices may fall Wednesday on proof American Gold Eagles and other U.S. gold coins

On Wednesday, Sept. 27, the United States Mint may reduce prices on 25 numismatic gold products.

The U.S. Mint’s collections of gold coins have prices that can change weekly depending on the trending value of gold as compared against this pricing matrix. The Mint most recently raised prices on Sept. 6 when gold’s weekly average jumped above $1,300 an ounce. The precious metal has ended below that mark several times since a week ago, opening the possibility of lower coin prices.

If Wednesday’s LBMA gold price for the AM is under $1,322.96 an ounce and the fixing for the PM is below $1,300.00 an ounce, then prices of U.S. gold coins will drop by as much as $50 for every ounce of the precious metal they contain.

The following table summarizes the U.S. Mint’s current and possible gold coin prices.

Current Prices Possible Prices
2017-W American Gold Buffalo Coin (1 oz) $1,690.00 $1,640.00
2017-W American Liberty Gold Coin $1,740.00 $1,690.00
2017-W Uncirculated Gold Eagle Coin (1 oz) $1,625.00 $1,575.00
2017-W Proof Gold Eagle Coin (1 oz) $1,660.00 $1,610.00
2017-W Proof Gold Eagle Coin (1/2 oz) $845.00 $820.00
2017-W Proof Gold Eagle Coin (1/4 oz) $435.00 $422.50
2017-W Proof Gold Eagle Coin (1/10 oz) $185.00 $180.00
2017-W Proof Gold Eagle Coin 4-Coin Set $3,075.00 $2,982.50
2017-W $5 Proof Boys Town Gold Coin $429.75 $417.60
2017-W $5 Uncirculated Boys Town Gold Coin $424.75 $412.60
2017 Boys Town Three-Coin Proof Set $490.75 $478.60
2016-W Walking Liberty Gold Half-Dollar $915.00 $890.00
2016-W Standing Liberty Gold Quarter $485.00 $472.50
2016-W Proof Gold Eagle Coin (1 oz) $1,660.00 $1,610.00
2016-W Proof Gold Eagle Coin (1/2 oz) $845.00 $820.00
2015 & 2016 First Spouse Gold Proof Coins $865.00 $840.00
2015 & 2016 First Spouse Gold Uncirculated Coins $845.00 $820.00

 

The U.S. Mint has made ten prior pricing adjustments this year, increasing them seven times and lowering them three times. Past adjustments have tended to happen on Wednesdays at around 2:00 p.m. ET. This article will get updated with what actually happens.

Update: Gold coin prices were reduced.

The above gold coins are found on the Mint’s website page located here.

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