US Gold Mint: Price Cuts for Gold Coins


At the time of this writing it was expected that the price of the American Gold Eagle Proof coins would drop from September 20, 2011 due to the volatility of gold prices that had been on the downward spiral recently. However, the price cut would be based on the London gold AM and PM fixes at $1,838 per oz and $1,800 per oz respectively. It is the US Mint which sets the collector gold coin prices from the range of $1,750 to $1,799.99. Price reductions would be seen in First Spouse proof coins, 1 oz un-circulated Gold Eagle, un-circulated First Spouse gold coins, Proof Gold Eagles coins of … [Read more...]