2025 United States Mint American Eagle Gold Proof Coins on Sale today - Who bought any?
Goldbully
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**The mintage limit represents the total number of coins produced for this denomination, including those contained in the American Eagle Gold Proof Four-Coin Set.
3
Comments
Evidently nobody.
Love the prices on it to 👎
Better to buy pre1933 at those prices. Might make a modern rarity worth a premium if no one buys them though, but I doubt it.
Mr_Spud
Wow! Even the premium can’t entirely overwhelm that huge price on a 1 ounce!
It is entirely Balzy to buy one of these ouncers at this price.
Makes pre-1933 $20's cheap by comparison.
Throw a coin enough times, and suppose one day it lands on its edge.
new type, new set to create. someone making a new set may pay it. someone making a new set may not want to keep going and sell what new type they have. hmmmm a new race to the bottom series? time and sales/mintage numbers will tell
Thank you for posting, Bully, and are you buying to keep your set momentum alive?!
I could buy a common date Business strike MS Saint for less, so Why would I pay MORE for bullion? NOT worth the premium, IMHO.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Momentum has come to an abrupt halt with these gold lovelies, Miles.
Nice images from the Mint........
that's 2 votes for race to the bottom, bully
Many of us would argue that a common date Saint in less than gem grade is bullion.
This ^^^. Unfortunately, the Mint received a false signal from the frenzy around the gold FH. So here we are.
They are refusing to read the market, based on how prior year issues are priced in the secondary market. In addition to where classic gold trades. Everywhere, except numismatic new issues from the Mint, numismatic premiums shrink as precious metal values rise.
The simple fact is that the coins are organically very expensive, due to $3.000/oz gold, and simply will not support $850+/oz premiums on top of that. Even with relatively low mintages. And even as the percentage premium shrinks as the underlying precious metal value rises.
As a result, there is a limit to what people will pay, even for a popular design and a widely collected series. So, yeah, a race to the bottom, and they are killing yet another popular series.
Because they are being pigs. Not because they can't make money charging a more reasonable premium. And not because people wouldn't be interested at a more reasonable price.
My guess is that when gold hits $5000 an ounce nearly all of the US Mint gold coins will be abandoned except for 1/4 ounce and 1/10 ounce..
Astounding LEAVE ALONE pricing, regardless of bullion....
Well, just Love coins, period.
Love the coin! But it’s financial suicide. Hard pass.
Who exactly is the mint selling to? I'm older so little upside to a $3800 price, especially if gold takes a dive. The prices are out of range for many of the YN.
Obviously, the mint can't read the audience or customer.
USAF (Ret.) 1985 - 2005. E-4B Aircraft Maintenance Crew Chief and Contracting Officer.
My current Registry sets:
✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
✓ Everyman Mint State Lincoln Cents (1909 – 1958)
✓ Morgan Dollar GSA Hoard (1878 – 1891)
At this point these MAY be the sleeper coins with extremely low mintages….unless of course I buy them and then then they’ll ax them out. 🤔😉
True. So why would I pay MORE than that for actual bullion, when I can have a REAL coin that was made for commerce?
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
we have 2 votes for race to he bottom already
low mintages can get lower and lower and lower
Last time I bought a 4 coin set from the mint it was well under $1000 and I got a free ASE in the set.
" Because they are being pigs. "
Perhaps... or seeing what the market will bear. They have been following the principles of " Mint it and they will come ". As long as everyone keeps buying the product, the ante will continue to increase. The only way to stop it is to vote with your pocket book/wallet. When I don't like prices... I walk out of the store. I can live without it.
Yup. Except everyone isn't "keep buying the product." These coins used to be one day sell outs. When is the last time that happened?
The market really isn't bearing it, given that, today, you can still buy all the 2024s, in addition to the 2025s, directly from the Mint. But they don't care, given that premiums haven't gone down even though they still have remaining stock from last year. In all 5 flavors.
Because they are being pigs. Not because collectors wouldn't love to own them, at their stated mintages, at a reasonable premium. Which, according to the market, is not $850+ per ounce of gold.
People are voting with their pocket book/wallet. Which is why they are still for sale, and will be, until they are pulled, unsold. Doesn't matter, because the Mint is not a desperate retailer. We can all live without it, which is why it isn't selling.
I think I paid a $100 premium for a proof 1-ouncer at FUN 2020 5 years ago.
I bought every one of these gold eagles until 2023. Last year, completely stopped all gold eagle purchases and sold them all over the past 6 months. Many proofs in PCGS 70 going back to 2011 or so were sold at a loss, other than reverse proofs. The Mint pricing grid is just too high.
Even the burnished uncirculated examples did poorly other than getting net around the spot gold price. I see no reason to ever buy these again.
Even my better date pre 1933 golds in MS63-64 are going for 50-60% what they were selling at 3-5 years ago as numismatic premiums and demand vs supply have plummeted especially recently.
My US Mint Commemorative Medal Set
Same here and I still have it. A much better gimmick thab privey marks imho! I used to get a 1 oz proof-in the secondary market-but the latest gimmicks have turned me off.