2020-W Proof American Gold Eagle Sales Reach 14,925 Coins in First Day

by Mike Unser on March 20, 2020 · 0 comments

US Mint image 2020-W $50 Proof American Gold Eagle and packaging

U.S. Mint product images of its individually sold 1-ounce 2020-W $50 Proof American Gold Eagle and packaging

Early United States Mint sales have been reported for the five products featuring the different sized 2020-W Proof American Gold Eagles.

Released Thursday at prices ranging from $240 to $4,040, collectors ordered a combined 14,925 coins in the first day.

Issued annually, American Gold Eagles are minted in sizes of 1 oz., 1/2 oz., 1/4 oz. and 1/10 oz. with corresponding denominations of $50, $25, $10 and $5. As is often the case, the set with one of each size was the biggest unit seller.

First-Day Sales of 2020-W Proof American Gold Eagles
DEBUT PRICES DEBUT SALES (UNITS) DEBUT SALES (OUNCES) DEBUT SALES (COINS) DEBUT SALES ($)
1 oz $2,175.00 913 913 3,866 $1,985,775.00
1/2 oz $1,105.00 281 141 3,234 $310,505.00
1/4 oz $565.00 452 113 3,405 $255,380.00
1/10 oz $240.00 1,467 147 4,420 $352,080.00
4-Coin Set $4,040.00 2,953 5,463 N/A $11,930,120.00
Totals 6,066 6,776 14,925 $14,833,860.00

 

CoinNews does not have first-day sales for last year’s issues but we do have stats through their first four days of release.

Starting 4-Day Sales of 2019-W Proof American Gold Eagles
DEBUT PRICES DEBUT SALES (UNITS) DEBUT SALES (OUNCES) DEBUT SALES (COINS) DEBUT SALES ($)
1 oz $1,627.50 1,364 1,364.00 4,535 $2,219,910.00
1/2 oz $830.00 455 227.50 3,626 $377,650.00
1/4 oz $427.50 614 153.50 3,785 $262,485.00
1/10 oz $182.50 2,380 238.00 5,551 $434,350.00
4-Coin Set $3,015.00 3,171 5,866.35 N/A $9,560,565.00
Totals 12,684 7,849.35 17,497 $12,854,960.00

 

Noted for their frosted designs and mirror-like backgrounds, proof American Gold Eagles are made for coin collectors. Place orders for the new issues from the U.S. Mint’s online page of gold coins, found here, or call 1-800-USA-MINT (872-6468).

In related news, the U.S. Mint also strikes bullion versions of American Gold Eagles for investors. Demand for them soared this week with combined sales of 77,000 ounces, boosting their March tally to 83,500 ounces — the most for a month since January 2017. Their year-to-date sales total to 150,500 ounces.

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