One week after they were reduced, the United States Mint could raise pricing Wednesday, Aug. 29, on its numismatic gold products.
The U.S. Mint’s collection of gold coins have prices that can change weekly based on the trending value of gold as compared against its 2018 pricing matrix. The agency’s current coin prices are based on an average of gold that is within $1,150.00 to $1,199.99 an ounce. Gold is now trading over $1,211 an ounce, rebounding last week from a more than 18-month low.
If Wednesday’s LBMA gold price for the AM is above $1,207.66 an ounce and the PM price remains higher than $1,199.99 an ounce, then prices of U.S. numismatic gold coins will rise by as much as $50 for every ounce of the precious metal they contain.
The following table summarizes the U.S. Mint’s current and possible gold coin pricing.
Current Prices | Possible Prices | |
2018-W Proof Breast Cancer Awareness Gold Coin | $399.25 | $411.50 |
2018-W Uncirculated Breast Cancer Awareness Gold Coin | $389.25 | $401.50 |
2018-W American Liberty Gold Coin (1/10 oz) | $200.00 | $205.00 |
2017-W American Liberty Gold Coin (1 oz) | $1,590.00 | $1,640.00 |
2018-W Proof American Gold Buffalo (1 oz) | $1,560.00 | $1,610.00 |
2018-W Uncirculated Gold Eagle Coin (1 oz) | $1,490.00 | $1,540.00 |
2018-W Proof Gold Eagle Coin (1 oz) | $1,527.50 | $1,577.50 |
2018-W Proof Gold Eagle Coin (1/2 oz) | $780.00 | $805.00 |
2018-W Proof Gold Eagle Coin (1/4 oz) | $402.50 | $415.00 |
2018-W Proof Gold Eagle Coin (1/10 oz) | $172.50 | $177.50 |
2018-W Proof Gold Eagle Four-Coin Set | $2,830.00 | $2,922.50 |
2017-W Proof Gold Eagle Coin (1 oz) | $1,527.50 | $1,577.50 |
2017-W Proof Gold Eagle Coin (1/2 oz) | $780.00 | $805.00 |
2017-W Proof Gold Eagle Coin (1/4 oz) | $402.50 | $415.00 |
2016-W Proof Gold Eagle Coin (1 oz) | $1,527.50 | $1,577.50 |
2016-W Proof Gold Eagle Coin (1/2 oz) | $780.00 | $805.00 |
The U.S. Mint has made six previous pricing adjustments this year because of the changing gold market, raising them twice and lowering them four times. Past adjustments have tended to happen on Wednesdays at around 2:00 p.m. ET. This article will be updated with what actually happens.
Update: The U.S. Mint did not raise gold prices as the Wednesday AM price was under $1,207.66.
Information about the above gold coins is available on the Mint’s website page located here.
If the LBMA am price is below 1,207, and the pm price is above 1,200, will the US mint still be raising prices?
no. There will Not be a price increase today
Great. Thank you. 🙂
Boy that pinkish coin is fugly…