American Eagle 2026 One Ounce Gold Proof Coin
Hello Everyone,
I am new at this, so hopefully this is not a dumb question
Last week, I placed an order for the 1 oz American Eagle Gold Proof coin. It was initially listed for $6,100
https://www.usmint.gov/american-eagle-2026-one-ounce-gold-proof-coin-26EB.html
This week, I found out my order was cancelled for some unknown reason.
Now I see the coin is still on sale, but $100 less -- at $6000
I initially assumed the coin would be in high demand and sell out quickly.
However, the coin is still on sale and I am having second thoughts about buying a coin with a $900 premium to the current spot price.
I was going to hold onto this coin for investment reasons, but I may stick to what I know -- Stocks
Let me know your thoughts on this
Thanks
Granny
0
Comments
coins' values don't only go up. they are unreliable as investments
if you want a gold coin as a play on the gold price then get a bullion gold eagle coin. usual markups are well over $100 over. shop around and ask for reputable dealers on this site's precious metals forum.
Most pre-2026 proof gold eagles are worth a couple hundred dollars over spot. If you buy it at $900 over spot, it will likely be worth $200 over spot in a couple of years. If gold goes up, will the coin go up? Sure, although it may have to go up $700 to break even. Modern Mint products are generally not good "investments". If you are buying it for any reason other than you like the coin and want to own it, you should pass. (IMHO)
All comments reflect the opinion of the author, even when irrefutably accurate.
There are 4490 of the proof single coins left to sell, plus what they sell in the 4 coin set. As an investment the uncirculated may have much higher potential depending on the quantity that they strike for 2026.