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US Mint Gold Coin Pricing

Silver Art

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#81
FWIW the American Liberty 225th Anniversary 1-oz gold coin increased from $1640 to $1690 as a result of the increase in spot gold to the $1250 to $1300 bracket. Those gold coins from the US could increase further if spot continues to rise and goes to the $1300 to $1350 bracket.
 

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#82
I just noticed that I missed the price drop on 4/5 and the price hike on 4/12, after reading this article:

http://www.coinnews.net/2017/04/11/us-mint-gold-coin-prices-may-increase-wed-april-12/

Anyway, the price of a proof gold eagle remains the same as it was 2 weeks ago, at $1,610...
This is just a WAG on my part but I think that just before the current run-up to $1280's spot range, spot gold was fluctuating just above and just under $1250 for a while and the LBMA average gold price was just under $1250 on April 5.

EDIT: I am guessing that LBMA gold average was between $1248 - $1249 on April 5.
 
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#83
Gold has dropped below $1250 per ounce, but not nearly long enough for the Mint to lower their prices. A proof gold eagle still costs $1610 at the Mint.

One week of prices in this range, however, would likely lead to a drop in Mint gold coin prices next Wednesday, if gold remains in this range.
 
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#84
It's crazy to pay $1610 at the mint when You can buy the same coin from APMEX FOR $1300. No wonder the mint is suffering from slow sales. They need to,stop robbing the public. They buy a planchet for $1250, stamp itna few times, and shoot for a $300+ profit. It's almost criminal. We pay their salary, we pay for the planchets, we pay the die cutters and pay for th equipment and pay to build the mint. And then they thank us by charging insanely high prices.
The only thing that I buy from the mint are America The Beautiful Silver Quarters Proof sets. Everything else I buy on eBay, APMEX, or other reaonably priced bullion dealers. The mint needs to change their pricing policy. I will buy a Palladium Eagle when they come out. I love the ZMercury dime, and the Eagle on the back is absolutely beautiful
 

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#85
Gold has dropped below $1250 per ounce, but not nearly long enough for the Mint to lower their prices. A proof gold eagle still costs $1610 at the Mint.

One week of prices in this range, however, would likely lead to a drop in Mint gold coin prices next Wednesday, if gold remains in this range.
Trying to catch up here, as it looks like I fell behind a week...

As of now, a proof gold eagle costs $1,560.00 at the Mint, which means that last Wednesday, a price drop happened at the Mint.

With today's prices now returning to the $1250 to $1300 range, there is a chance that the Mint will raise their prices once more next Wednesday, if gold prices hold in this range.
 

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#86
Trying to catch up here, as it looks like I fell behind a week...

As of now, a proof gold eagle costs $1,560.00 at the Mint, which means that last Wednesday, a price drop happened at the Mint.

With today's prices now returning to the $1250 to $1300 range, there is a chance that the Mint will raise their prices once more next Wednesday, if gold prices hold in this range.
Back to $1,610.00 today!

Those wishing to buy a gold coin this month at a lower price might have missed their chance...
 

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#87
A gold proof eagle is still priced at $1,610.00 at the Mint, but one more week of gold prices below 1250 may trigger a price drop at the Mint...
 

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#88
A gold proof eagle is still priced at $1,610.00 at the Mint, but one more week of gold prices below 1250 may trigger a price drop at the Mint...
It appears that spot gold might still stay above $1250. Last close was at $1256.
 

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#89
This week was very close!

But gold coins at the Mint remain unchanged...

Gold was below $1250 last Wednesday, then jumped over the weekend, and finally went down the last few days, but not enough to trigger a price drop at the Mint.
 

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#90
Finally, a price drop happened at the Mint.

A proof gold eagle now costs $1,560.00, reflecting the recent price move to the $1200 to $1250 bracket.
 

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#91
Finally, a price drop happened at the Mint.

A proof gold eagle now costs $1,560.00, reflecting the recent price move to the $1200 to $1250 bracket.
At the time of my writing this post, gold is at $1253, and it has barely stayed above $1250 since last Wed.

If the upward move in gold is here to stay, then the next few days will be a good buying opportunity for gold coins at the Mint, before prices go up.

Actually, my coin of choice is not the 1-oz gold proof, but the 1-oz gold unc (product 17EH). Hand-picked by several experts in this forum...
 

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#92
A closer look at the London Fix prices shows that gold has performed below expectations since last Wed:

07/25/17 1252 1254.4
07/24/17 1255.85 1255.55

07/21/17 1247.25 1248.55
07/20/17 1236.55 1238.7

This averages to 1248.60, which is below the 1250 mark needed for a price hike at the Mint.

This means that unless gold has a strong day tonight and tomorrow, the Mint gold prices will likely stay in the 1200 to 1250 range for the following week.
 

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#93
Finally, a price drop happened at the Mint.

A proof gold eagle now costs $1,560.00, reflecting the recent price move to the $1200 to $1250 bracket.
This evening's price rise to the $1260's did not happen soon enough to trigger a price rise at the Mint, and a proof eagle still costs $1560, while a gold unc eagle costs $1525.

Of course, one more week of prices in the $1250 to $1300 range will trigger a price rise next Wed.
 

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#94
Tonight looks like a good time to buy. Gold coin prices at the Mint are ready for a price increase tomorrow afternoon. For me, it is either the 2017-w gold unc eagle (product 17EH at $1,525.00) or the 2017-w Boys Town gold unc commem (product 17CB at $400.45).

I was considering buying 17EH, in order to fulfill the spend threshold for my credit card bonus, but I have found other means to reach that threshold.

Because I have almost exceeded my gold/silver budget for the year, I am now leaning towards 17CB, a lower cost expenditure.
 

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#95
As expected, a price increase for gold coins happened at the Mint.

A gold proof eagle now costs $1,610.00.
 

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#96
As long as gold holds its price above $1300, we will see a price jump of gold coins at the Mint next Wednesday.
 

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#97
As expected, a price increase for gold coins happened at the Mint.

A gold proof eagle now costs $1,610.00.
A gold proof eagle now costs $1,660.00, reflecting the rise in gold prices to the $1300 to $1350 range.
 

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#98
In case anyone is not aware of this, the price of gold has crept back into the $1250 to $1300 range.

As of last Wednesday, a proof gold eagle costs $1,610.00 at the Mint. Sorry for not pointing this out earlier!
 

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#99
Gold has slipped into the $1200 to $1250 range. If they stay in this range until next Wednesday, we can expect a price drop at the Mint.
 

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A gold proof eagle now costs $1,560 at the Mint. This represents the $1200 to $1250 price range of spot gold.

Even though gold slipped up above $1250 this afternoon, it did not do so in time, and it was in the $1200 to $1250 range for almost all of the previous week. If gold holds its current price, buyers of gold coins at the Mint can enjoy this discount until next Wednesday.
 

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A gold proof eagle now costs $1,610 at the Mint, marking an upward move into the $1250 to $1300 price range for gold coins sold at the Mint.

Coincidentally, spot gold also moved over $1300 today. If it holds this level through next Wednesday, we may see another price increase.
 

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A gold proof eagle now costs $1,610 at the Mint, marking an upward move into the $1250 to $1300 price range for gold coins sold at the Mint.

Coincidentally, spot gold also moved over $1300 today. If it holds this level through next Wednesday, we may see another price increase.
By the way, this price change might have happened one week ago (during that time, I was on vacation). Anyway, the current range is $1250 to $1300.
 

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A proof gold eagle now costs $1,660.00 at the Mint, marking the move into the $1300 to $1350 price range for spot.
 

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A proof gold eagle now costs $1,677.50 at the Mint, or $17.50 above the price 2 weeks ago.

Obviously, this price increase is not due to any change in the price of gold, but a readjustment of prices at the Mint.
 

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A proof gold eagle now costs $1,677.50 at the Mint, or $17.50 above the price 2 weeks ago.

Obviously, this price increase is not due to any change in the price of gold, but a readjustment of prices at the Mint.
Yes. They redid their grid. Boo, hiss...:piss
 

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A proof gold eagle now costs $1,677.50 at the Mint, or $17.50 above the price 2 weeks ago.

Obviously, this price increase is not due to any change in the price of gold, but a readjustment of prices at the Mint.
The price is still the same, but gold has now dipped below $1300. If it stays there, a price drop at the Mint might happen next week.
 

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The price of a proof gold eagle is still $1,677.50, but the possibility of a price drop remains.