US Mint Survey Ultra High Relief Pricing
Walmann
Posts: 2,806 ✭
From the US Mint On Line Survey indicates a price of $1200, but not firm. Also note sale will continue into 2010 if they still have some left on the shelves.
It seems from the questions that the Mint is concerned with sales volume. Most of concerned with one's projected plans on purchases for 2009. Not sure if this survey may have influence on the initial strikes for some series of coins.
In 2009, the United States Mint plans to issue a one-ounce ultra-high relief 24-karat gold coin, using the design of what many have called the most beautiful gold piece ever made: the 1907 Augustus Saint-Gaudens $20 Double Eagle. The mintage of the new coin will be unlimited for one year. This coin will be issued in a "business-strike" finish and will have a diameter of 27 millimeters. A 27-millimeter diameter gold blank, more than 50% thicker than other United States Mint one-ounce 24-karat gold coins, will be used, because of its historical significance and the opportunity it provides to achieve the greater depth and relief to which Saint-Gaudens had aspired.
In most respects, the new legal tender gold coin will authentically reproduce the ultra-high relief gold piece. The obverse design (heads side) will be based on the obverse of the original Saint-Gaudens design executed in 1907. The reverse (tails side) also will be based on those pieces and will include 14 sun rays. The obverse of the new coin will feature 50 stars, instead of the original 46 stars on the obverse (heads side), which represented the 46 states in the Union in 1907. The edge of the coin will feature the same raised edge-lettering as the 1907 pieces. The edge-lettering features the inscription "E Pluribus Unum" with stars serving as delimiters between the letters. Additionally, the inscription "In God We Trust" will appear on the reverse design of the new coin because current law requires placement of this inscription on all U.S. coinage.
Only 2009-dated coins will be minted. The coins will go on sale in early 2009, although sales may continue into 2010 if inventory exists.
Pricing is yet to be determined, but will likely be somewhat higher than current 1 oz. gold coins (e.g., current American Eagle Gold 1 oz. Proof Coin pricing of $1,199.95).
The United States Mint will continue to mint and issue the 24-karat American Buffalo Gold Bullion and Proof Coins, the 24-karat First Spouse Gold Proof and Uncirculated Coins, and the 22-karat (91.67% fineness) American Eagle Gold Bullion, Proof and Uncirculated Coins.
Q.4x-2a Please indicate how likely you would be to purchase the ultra-high relief 24-karat gold coin. Please use a scale of 1 to 6, where 1 means "not at all likely" and 6 means "extremely likely."
Not At All
Likely
XXX
XXX
Extremely
Likely
Likelihood to Purchase… 1 2 3 4 5 6
Ultra-high relief 24-karat gold 1 ounce coin
(price not yet determined, but likely over $1,200)
It seems from the questions that the Mint is concerned with sales volume. Most of concerned with one's projected plans on purchases for 2009. Not sure if this survey may have influence on the initial strikes for some series of coins.
In 2009, the United States Mint plans to issue a one-ounce ultra-high relief 24-karat gold coin, using the design of what many have called the most beautiful gold piece ever made: the 1907 Augustus Saint-Gaudens $20 Double Eagle. The mintage of the new coin will be unlimited for one year. This coin will be issued in a "business-strike" finish and will have a diameter of 27 millimeters. A 27-millimeter diameter gold blank, more than 50% thicker than other United States Mint one-ounce 24-karat gold coins, will be used, because of its historical significance and the opportunity it provides to achieve the greater depth and relief to which Saint-Gaudens had aspired.
In most respects, the new legal tender gold coin will authentically reproduce the ultra-high relief gold piece. The obverse design (heads side) will be based on the obverse of the original Saint-Gaudens design executed in 1907. The reverse (tails side) also will be based on those pieces and will include 14 sun rays. The obverse of the new coin will feature 50 stars, instead of the original 46 stars on the obverse (heads side), which represented the 46 states in the Union in 1907. The edge of the coin will feature the same raised edge-lettering as the 1907 pieces. The edge-lettering features the inscription "E Pluribus Unum" with stars serving as delimiters between the letters. Additionally, the inscription "In God We Trust" will appear on the reverse design of the new coin because current law requires placement of this inscription on all U.S. coinage.
Only 2009-dated coins will be minted. The coins will go on sale in early 2009, although sales may continue into 2010 if inventory exists.
Pricing is yet to be determined, but will likely be somewhat higher than current 1 oz. gold coins (e.g., current American Eagle Gold 1 oz. Proof Coin pricing of $1,199.95).
The United States Mint will continue to mint and issue the 24-karat American Buffalo Gold Bullion and Proof Coins, the 24-karat First Spouse Gold Proof and Uncirculated Coins, and the 22-karat (91.67% fineness) American Eagle Gold Bullion, Proof and Uncirculated Coins.
Q.4x-2a Please indicate how likely you would be to purchase the ultra-high relief 24-karat gold coin. Please use a scale of 1 to 6, where 1 means "not at all likely" and 6 means "extremely likely."
Not At All
Likely
XXX
XXX
Extremely
Likely
Likelihood to Purchase… 1 2 3 4 5 6
Ultra-high relief 24-karat gold 1 ounce coin
(price not yet determined, but likely over $1,200)
0
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