On Wednesday, July 22, there’s a very good chance that the United States Mint will lower prices on more than two dozen collectible gold coins.
Current U.S. Mint pricing is based on a weekly average of London gold that’s within the range of $1,150 to $1,199.99 an ounce. Gold has tumbled to a more than five-year low in recent days, pulling the average down and into a coin pricing tier that is $50 lower.
Update: Gold coin prices were reduced, although much later than usual on Wednesday. The new prices are listed in the "To column" further below.
Gold at this writing is trading near $1,108 an ounce. If Wednesday’s London PM gold price remains below $1,150 an ounce, expect the following reduced coin prices:
From | To | |
2015-W Proof Gold Buffalo Coin (1 oz) | $1,540.00 | $1,490.00 |
2015-W Uncirculated Gold Eagle Coin (1 oz) | $1,475.00 | $1,425.00 |
2015-W Proof Gold Eagle Coin (1 oz) | $1,510.00 | $1,460.00 |
2015-W Proof Gold Eagle Coin (1/2 oz) | $770.00 | $745.00 |
2015-W Proof Gold Eagle Coin (1/4 oz) | $397.50 | $385.00 |
2015-W Proof Gold Eagle Coin (1/10 oz) | $170.00 | $165.00 |
2015-W Proof Gold Eagle Four-Coin Set | $2,797.50 | $2,705.00 |
2015 US Marshals Proof Gold Coin | $393.30 | $381.15 |
2015 US Marshals Uncirculated Gold Coin | $388.30 | $376.15 |
2015 US Marshals Three-Coin Set | $454.30 | $442.15 |
2014 Proof Gold Kennedy Gold Coin | $1,165.00 | $1,127.50 |
2013, 2014 & 2015 First Spouse Gold Proof Coins | $790.00 | $765.00 |
2013, 2014 & 2015 First Spouse Gold Uncirculated Coins | $770.00 | $745.00 |
The U.S. Mint has made eight prior pricing adjustments this year, raising them four times and dropping them four times. The most recent instance was a lowering of prices on May 27.
If the weekly average of gold remains within $1,100.00 to $1,149.99 an ounce through next week, the highly-anticipated 2015-W $100 American Liberty High Relief Gold Coin will be priced at $1,540 when it launches at noon EDT on July 30. (See its pricing grid.)
When called for, pricing changes on Wednesdays have tended to happen around 2:00 PM ET. This article will get updated with what actually happens.
The above gold coins are found on the U.S. Mint’s website page located here.
Surpise…no price cuts, the mint is really a dog n pony show & we the collectors get to watch their ongoing & repetitive ..gold is @ $1,093!! BS
Seems they waited a while and were in no hurry. But the FS coins are indeed lower on Thursday. Not sure when the change happened.
Get ‘those 2013 and 2014 coins while they’re hot!