For a second week in a row and the second time this year, price hikes on United States Mint numismatic gold coins are likely.
The Mint raised prices just last Wednesday, Jan. 14, when the value of gold jumped within the $1,200.00 to $1,249.99 an ounce range. On Tuesday, gold scored its seventh straight session increase and settled at a five-month high. The yellow metal’s weekly average is now sitting comfortably within a higher coin pricing tier of $1,250.00 to $1,299.99 an ounce.
Wednesday’s fixings must still be considered. Like last week, the one to watch is the PM fix. If it’s at or above $1,250 an ounce, coin prices will move higher. For reference, gold at this writing is at $1,297 an ounce.
Coin News Update: As expected, the U.S. Mint did increase gold coin prices. New prices are shown in the "To" column further below.
Here’s a list of US Mint gold coins and the likely price increases (the Mint has not yet released any 2015-dated gold coins for collectors):
From | To | |
1964-2014 Proof Gold Kennedy Gold Coin | $1,202.50 | $1,240.00 |
2014-W Uncirculated American Eagle Gold Coin (1 oz) | $1,525.00 | $1,575.00 |
2014-W Proof American Eagle Gold Coin (1/10 oz) | $175.00 | $180.00 |
2014-W Proof Gold Eagle Four-Coin Set | $2,890.00 | $2,982.50 |
2013 & 2014-W Proof First Spouse Gold Coins | $815.00 | $840.00 |
2013 & 2014-W Uncirculated First Spouse Gold Coins | $795.00 | $820.00 |
The three proof American Gold Eagle products have been listed on the Mint’s website as "out of stock" for some time. 2014 First Spouse Gold Coins include proof and uncirculated versions honoring former first ladies Florence Harding, Grace Coolidge, Lou Hoover and Eleanor Roosevelt. Available proof and uncirculated 2013 First Spouse Gold Coins commemorate Edith Roosevelt, Ida McKinley, Edith Wilson, Ellen Wilson and Helen Taft.
When the United States Mint adjusts prices, it usually freezes ordering of the affected products for around 30 minutes until the new prices go live. Pricing adjustments usually happen around the noon hour.
This coin news article will get updated with what actually happens.