US Mint Gold Coin Prices May Decline Wed., July 18

by CoinNews.net on July 17, 2018 · 4 comments

2018-W $5 Breast Cancer Awareness Gold Coins - Obverses

CoinNews photo of two 2018-W $5 Breast Cancer Awareness Gold Coins. These and other U.S. Mint gold coins could see price reductions on Wednesday, July 18.

On Wednesday, July 18, the United States Mint may cut prices on one and one-half dozen numismatic gold products.

The U.S. Mint’s collection of gold coins have prices that can change weekly based on the trending value of gold as compared against its 2018 pricing matrix. The agency’s current coin prices are based on an average of gold that is within $1,250 to $1,299.99 an ounce. The precious metal has stumbled to a one-year low and is now trading near $1,228 an ounce.

If Wednesday’s LBMA gold price for the PM is under $1,250 an ounce, then prices of U.S. numismatic 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 pricing.

Current Prices Possible Prices
2018-W Proof Breast Cancer Awareness Gold Coin $423.75 $411.50
2018-W Uncirculated Breast Cancer Awareness Gold Coin $413.75 $401.50
2018-W American Liberty Gold Coin (1/10 oz) $210.00 $205.00
2017-W American Liberty Gold Coin (1 oz) $1,690.00 $1,640.00
2018-W Proof American Gold Buffalo (1 oz) $1,660.00 $1,610.00
2018-W Uncirculated Gold Eagle Coin (1 oz) $1,590.00 $1,540.00
2018-W Proof Gold Eagle Coin (1 oz) $1,627.50 $1,577.50
2018-W Proof Gold Eagle Coin (1/2 oz) $830.00 $805.00
2018-W Proof Gold Eagle Coin (1/4 oz) $427.50 $415.00
2018-W Proof Gold Eagle Coin (1/10 oz) $182.50 $177.50
2018-W Proof Gold Eagle Four-Coin Set $3,015.00 $2,922.50
2017-W Proof Gold Eagle Coin (1 oz) $1,627.50 $1,577.50
2017-W Proof Gold Eagle Coin (1/2 oz) $830.00 $805.00
2017-W Proof Gold Eagle Coin (1/4 oz) $427.50 $415.00
2016-W Proof Gold Eagle Coin (1 oz) $1,627.50 $1,577.50
2016-W Proof Gold Eagle Coin (1/2 oz) $830.00 $805.00

 

The U.S. Mint has made four prior pricing adjustments this year because of the changing gold market, raising them twice and lowering them twice. 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: The U.S. Mint reduced gold coin pricing on Wednesday, July 18.

Information about the above gold coins is available on the Mint’s website page located here.

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cagcrisp
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cagcrisp

This website has always done a good job of keeping people informed with Mint pricing and timely articles…

Seth Riesling
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Seth Riesling

With silver hitting an about 1 year low today, it is way past time for the Mint to lower its high silver coin/sets with silver coins & medals prices. But, as silver was going down, the Mint raised its silver products prices this year instead! Crazy stuff. Get a pricing grid for silver products like you have for your gold, platinum & palladium products Mr. Mint Director Ryder!!

-NumisdudeTX

Chas Barber
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As long as anyone keeps buying a quantity of the overpriced USM Ag items, they will keep giving you the ‘fist’…… indeed the USM has a law to mint the circulating proof in .999 but refuses.. it might goo$e the market even….. .900 has no overseas legs but .999 would especially of the 10c was 1/10 z 25c was 1/4 oz.

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USMint offering free budget shipping on American Eagle and Buffalo gold purchases through 9-15-2018. Use code: MINTGOLD2018