U.S. Mint pricing has been announced for the three upcoming 24-karat gold coins commemorating the 100th anniversary of the Mercury dime, the Standing Liberty quarter and the Walking Liberty half-dollar.
The pricing information was revealed in a document dated April 8, 2016 and published today in the Federal Register, the official source of notices by government agencies and a daily journal of their proceedings.
Pricing Schedule for 2016 Centennial Gold Coins
| Gold’s Weekly Average | Mercury Dime Centennial Gold Coin (10c – 1/10 oz) | Standing Liberty Centennial Gold Coin (25c – 1/4 oz) | Walking Liberty Centennial Gold Coin (50c – 1/2 oz) |
|---|---|---|---|
| $950.00 to $999.99 | $180.00 | $397.50 | $740.00 |
| $1,000.00 to $1,049.99 | $185.00 | $410.00 | $765.00 |
| $1,050.00 to $1,099.99 | $190.00 | $422.50 | $790.00 |
| $1,100.00 to $1,149.99 | $195.00 | $435.00 | $815.00 |
| $1,150.00 to $1,199.99 | $200.00 | $447.50 | $840.00 |
| $1,200.00 to $1,249.99 | $205.00 | $460.00 | $865.00 |
| $1,250.00 to $1,299.99 | $210.00 | $472.50 | $890.00 |
| $1,300.00 to $1,349.99 | $215.00 | $485.00 | $915.00 |
| $1,350.00 to $1,399.99 | $220.00 | $497.50 | $940.00 |
| $1,400.00 to $1,449.99 | $225.00 | $510.00 | $965.00 |
| $1,450.00 to $1,499.99 | $230.00 | $522.50 | $990.00 |
Like other collectible gold coins from the U.S. Mint, the prices can change up to weekly depending upon the latest average of LBMA gold. The Mint evaluates gold prices every Wednesday and modifies coin prices as necessary.
The gold Mercury dime launches first. The U.S. Mint will begin selling it at noon ET on Thursday, April 21. Based on where gold is now, the coin will debut with pricing of $205.
U.S. Mint release dates for the Standing Liberty and Walking Liberty Centennial Gold Coins will be announced later in the year.
I think a member here predicted the 1/10th Ounce Coin to be $175.00 and it ended up being $180.00.
Thank you, Mike, for the info.
This U.S. Mint pricing structure seems fair IMHO. I had guessed $225 for the gold dime. It is a beautiful coin & I plan on purchasing 3 of the gold dimes.
But, the mintage of 125,000 is just way too high!
-NumisDudeTX
I agree with you, Seth.
A mintage of 50,000 (in my humble opinion) would have been reasonable.
The current 2016-W gold American Eagle Proof tenth-ounce gold coin is $175. So that would mean a $30 premium over that same size gold content coin for the Winged Liberty Head gold dime. Not bad.
-NumisDudeTX
I had expected the pricing to be in line with the other gold coins. I will be surprised if they sell out, but time will tell. How many people will pay high additional premiums for fancy labels?
I will be curious to see how long they take to sell out.
I think they (2016 Mercury Gold Coin) will sell out faster than the “2016 NPS Three-Coin Set.”
prediction…..will still be for sale in 2017
@John K.
I think the “Mercury Gold Coin” will sell out this year.
The “2016 NPS Three-Coin Set” might still be available in 2017.
Sorry…just don’t see it…high HH limit with high mintage for an over priced poorly produced product the size of your fingernail…AND the us mint is involved..that should make one come to their senses,,,IMHO..maybe I’m wrong..
It will be interesting to see the upcoming numbers for the next month.
I am also curious to see how fast Mike “Sold Out, Limited Edition” Mezack starts hawking the “2016 Mercury Gold” coins on HSN.
I wonder if the mint would produce a religious themed (Christianity) quarter ounce gold coin in reverse proof bearing the Denver mint mark with a mintage cap of 2000 (2000 years since crucifixion) with a household limit of just 1 piece for $475, how quickly would that sell out since Denver never minted a proof anything during the last 100 years as I recall?????
Has there been any mention of doing a 3 coin set of the dime, quarter, and half dollar?
Rick, When discussions were just beginning on the three gold tributes, there was mention of the Mint selling a box that would accommodate the three coins, but no sets. As of then, any additional word on the subject has been mute.
SR –
With the gold content the same, that’s $30 just for the box for the dime. I don’t know if the box is worth that much. I would still go for the “no fancy packaging” option if the mint were to offer it. I wish they would…
DR- Thanks, It’s my understanding that these coins are not proofs. I wonder if once they sold what they could of the three coins they would come back with a three coin proof set and try to get more money out of us.
The flippers and “Big Boys” and the mint itself are just more nails in the coffin of the coin collecting enjoyment … how can a graded 70 dime be available on ebay when the coins haven’t yet been released ?
I was plaining on buying one of these from the Mint but now I’m not sure. I’m now thinking about buying one on eBay that has been graded by PCGS or maybe NGC. Does anyone have any idea of what a MS70 would go for? Or does anyone have any thoughts of what would be the better buy, the ungraded Mercury from the Mint or the graded MS70 Mercury?
Christopher Williams –
Mike Mezack of HSN is salivating just waiting to get his nasty paws on these coins to tell his naive show watchers how “Rare!” these gold dimes are even though we all know 125,000 is a very high mintage for any modern U.S. Mint coin! So sad.
jim –
The Mint should offer coins in just a capsule with COA at a little lower price as an option, but they want to make a profit on the box too of course!
Happy collecting all !
-NumisDudeTX
Yes, $30 above the 1/10 oz. Proof Gold Eagle is an expensive box. Unfortunately I have far more US Mint boxes than I know what to do with. If the coin is graded why do you need the box? A box similar to the PGE’s box and priced the same $175 would be more interesting. Must be good markup on boxes.
the mercury gold dimes are at the dalton, ga. coin show this weekend for viewing. they are beautiful (sort of a satin like finish) in a nice box. the u.s. mint is there with all current products for sale. the dimes are only for viewing.
I buy the gold coins for one reason the price of gold will go way up again over the next ten years and this gold coin will sell for $599 in five years. Like my 1 oz gold coin i brought for $500 in 2005 that sells for what $1200 TODAY. So shut up buy the coin and sit on it for your profit. Lol
Springer – Believe it or not but Modern Coin Mart in Sarasota, Florida actually has a division of their company that deals only in U.S. Mint & foreign Mint boxes & COAs (Their OGP/OMP division) They actually pay you for them! Because many collectors buy slabbed coins from dealers who don’t have the original boxes & certs., they stock such items for sale. These coins are NOT Proofs but regular business strikes (Uncirculated) with no special finish & will be listed on coin slab labels as MS-70, MS-69 etc. by PCGS, NGC etc. I would not recommend buying a MS-70… Read more »
I agree about the cost for this coin. It seems that the Mint will be “Banking” on as much profit as possible. I think even with the high mintage, high household limit and the high price, it is still do-able for most coin collectors for such a unique coin (series). I think they will sell out way before the end of the year. I’m all in on this series. It’s a winner! I also agree Springer, that I wish the Mint would just produce high quality coins without all the useless packaging. Keep it simple. I hope this coin will… Read more »
Seth I agree with you about the “special labels” being a gimmick. I mean no one knows when a coin was really made to make it a true “FIRST STRIKE” or even one of the first strikes of the series. And it does not matter because they change out the dies after so many strikes on each die. So a “FIRST STRIKE” on a new fresh die could happen at the end of production. I also don’t think much about labels that have been signed by the designer or who ever. I buy coins not autographs. When I buy graded… Read more »
joera –
You got it right dude! I agree with you totally on the grading lables gimmicks & so-called “first strikes” on slabs for modern coins means nothing!
lonnie –
The U.S. Mint also displayed these gold dimes at the March Whitman Coin Expo in Baltimore, Maryland & my 2 friends who live there say they look great.
-NumisDudeTX
FYI CoinNews readers – The U.S. Mint has never recognized the terms “First Strikes” or “first day of issue” etc. Years ago third-party coin grading company NGC was sued for deceptive trade practices & had to pay a large fine for using “First Strikes” on its labels so it changed it to “Early Releases” & ” First Releases” & put “delivered within first 30 days of release” on holders/slabs. Other services put the note on their holders to. All it means is that you send the coin to the grading services within the first 30 days from the day the… Read more »
The mint sold thier silver eagle sets of 125,000 in 2011 in no time at all. I think these will sell out fast also.
I see a problem trying to collect all 3 coins if there is a low mintage on the 25c and 50c release..you will be at the mercy of flippers & big boys..will there be a 3 coin set ?
@Seth-
I don’t own any graded coins or so-called “First Strike” coins.
Bunch of bullcrap as you wrote.
I like my coins raw and in their original packaging.
Christopher Williams –
Amen! I like the “modern” U.S. Mint products in original packaging only. I do own some older U.S. Mint 1800s coins that I bought from dealers at shows authenticated & graded by the top grading service PCGS just to be sure they weren’t counterfeits.
-NumisDudeTX
I too would would like to know if there going to do a three coin set. I don’t want to spend this kind of money on the single coins if down the road there going to put out a three coin proof set. I’d save my money for it.
rick , save the money wait for this year surprise from Mint,
$200 for dime , $400 for quarter , $800 for half, total cost collector well over $1500 for this set , if u think u can make over 25% profit then buy, if not wait for silver eagle 30th Anniv set
I can not believe people paying $250 and even over $300 for this dime on eBay!! And for a MS70 around $400 and some asking close to $500 !! I had said I might buy a MS70 Gold Mercury Dime but there is no way I’m going to pay any where close to that for one. I would be better off at just buying the bigger 1/4 oz. MS70 Gold Eagle instead of the smaller 1/10 oz. MS70 Gold Mercury Dime, at close to the same cost. Even better would be a raw $2.50 Gold Coin which I can buy… Read more »
Seth,
Thanks for the info on the OGP boxes.
Hello All, Looking forward to this one, One of the pluses that this has going for it is that the cost is relatively affordable (compared to half and one ounce mintages). This will eventually be a sell out even with the higher mintage (that we all dislike) with the smaller and more affordable size. Gold is up over 18% for the year and demand for gold is strong. I’m sure that the grading services will again take advantage to add additional grading surcharges (like they have with many of the latest issues). This has soured me on sending for grading… Read more »
HOLY SHIZZLE!! Gold is $1231 right now, which means this damn thing is going to be $205. Only what $70 over what a 1/10 Eagle costs.
These will sell out in under 2 hours. IMHO.
The dealers will buy them up for resale
I noticed the image of the reverse does not show full split bands. Being gold, you would think the coin would be fully struck with full split bands. C’mon, mint. Adjust the striking pressure to achieve FULL SPLIT BANDS!
Richie-
Pretty strong opinion on a 2 hour sell out… how many are you buying? Remember the “Minnow” went on a 2 hour cruise and that lasted how many years? LMAO
I agree though, this will be a sell out (high price and mintage) notwithstanding, I think it will be sold out before the next coin comes up in the series.
Count me in for 3. I think Seth said he was on board for 3. Anyone else???
I’m in, although I don’t like the high mintage. I think I’m going to buy 3. The Mercury dime is my favorite coin – so I will always keep one, and possibly sell the other 2 someday. I thought about buying a few more but I want to save some money and see if the Mint has a surprise for us later in the year – like a special Silver Eagle 30th anniversary set. I’ve been reading CoinNews.net for a couple of years now and this is my first comment. I really appreciate all the info Mike – and it… Read more »
It’s too bad that Congress has no imagination (like getting rid of the penny or minting the anniversary dime (and quarter and half dollar) in silver or supersize to 1 oz silver or palladium since if I understood correctly that’s back in the mix). Or not much imagination at the mint deputy director level by doing practically nothing to celebrate the 30th anniversary of the silver or gold American Eagle or the 10th anniversary of the gold buffalo.
Joe C. – I noticed also that the bands don’t appear to be separated fully when I enlarged the U.S. Mint photos from 3 different sources, but these are struck twice the Mint stated (but not Proofs of course) so hopefully it is just the low quality of their photo. Like you said, these special gold dimes should have full split bands as designed originally in 1916. Jp – Yes, I am in for 3 (one for me & one for each of my 2 older nephews – the two younger ones don’t get these from Uncle Seth since they… Read more »
I said yesterday that I’m going to buy 3. I’ve changed my mind. I’m only going to buy one to keep for myself. The high mintage is a big turnoff for me. I’ll just buy one and see what else the Mint has coming in the future.
Buy one of each and create your own 3-coin set since they don’t seem to be inclined to do so at the mint.
Really appreciate your charts