Trending gold values have virtually locked in prices for the upcoming 2015-W Proof American Gold Eagles. They have also set the stage for pricing cuts in other United States Mint collectibles gold coins, including the $5 U.S. Marshals Service commemoratives and 50th anniversary Kennedy halves.
U.S. Mint gold pricing adjustments have happened three times this year — they’ve climbed twice and dropped once. The last change was a decrease on Feb. 11 when the weekly average of the London gold Fix slipped to within the $1,200.00 to $1,249.99 an ounce range. The latest average has firmly entrenched into a pricing tier that’s $50 lower, although gold fixings on Wednesday must still be considered.
CoinNews Update: The U.S. Mint did reduce gold coin prices on Wednesday. New prices are in the "Likely" column below.
The bottom line… if Wednesday’s PM gold fix is below $1,200.00 an ounce — and the spot is at $1,162.40 now, expect the following proof Gold Eagle prices and these reductions in other gold coins:
From | Likely | |
2015-W Proof Gold Eagle Coin (1 oz) | N/A | $1,510.00 |
2015-W Proof Gold Eagle Coin (1/2 oz) | N/A | $770.00 |
2015-W Proof Gold Eagle Coin (1/4 oz) | N/A | $397.50 |
2015-W Proof Gold Eagle Coin (1/10 oz) | N/A | $170.00 |
2015-W Proof Gold Eagle Four-Coin Set | N/A | $2,797.50 |
2015 US Marshals Proof Gold Coin | $405.45 | $393.30 |
2015 US Marshals Uncirculated Gold Coin | $400.45 | $388.30 |
2015 US Marshals Three-Coin Set | $466.45 | $454.30 |
1964-2014 Proof Gold Kennedy Gold Coin | $1,202.50 | $1,165.00 |
2013 & 2014 First Spouse Gold Proof Coins | $815.00 | $790.00 |
2013 & 2014 First Spouse Gold Uncirculated Coins | $795.00 | $770.00 |
Sales of this year’s proof Gold Eagles kick off at noon ET on Thursday, March 12. The coins sell in four sizes and a four-coin set that includes them all.
When the U.S. Mint adjusts coin prices, it freezes ordering of the affected products for around 30 minutes until the new prices go live. Pricing adjustments this year have tended to happen around 3:00 PM ET. Mint-sold gold coins are available at: http://catalog.usmint.gov/coins/gold-coins/.
This coin news article will be updated with what actually happens.