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US Mint Sells 345,000 Fractional 2009 Gold Eagles on Release Day

OPAOPA Posts: 17,124 ✭✭✭✭✭
in Precious Metals
Wow ....

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"Bongo drive 1984 Lincoln that looks like old coin dug from ground."

Comments

  • jmski52jmski52 Posts: 22,904 ✭✭✭✭✭
    I guess we won't be calling them "rare".
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • CaptHenwayCaptHenway Posts: 32,245 ✭✭✭✭✭
    FWIW, a dealer I have known for 20+ years, and is a major player in modern product, reports that the Mint is sold out of 2009 1/10th oz. gold eagles.

    image
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • OverdateOverdate Posts: 7,017 ✭✭✭✭✭
    The 2009 one-ounce bullion Gold Eagle is closing in on 1.2 million sold, and still commands a premium over earlier dates.

    The fractionals so far have a much lower mintage, 43k for the half, 42k for the 1/4 and 260k for the 1/10.

    These mintages are not low in absolute terms, but unless many more are struck I think these will also command a premium. Since there are no proof or burnished gold sets this year, many collectors may opt for the 2009 one-ounce and fractional bullion coins to continue having an uninterrupted date series.

    My Adolph A. Weinman signature :)

  • CaptHenwayCaptHenway Posts: 32,245 ✭✭✭✭✭
    The Mint is sold out of 2009 1/10th eagles for the year.
    Our supplier is sold out of the 1/4 and 1/2, but may be able to buy a small quantity more next week.
    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • jmski52jmski52 Posts: 22,904 ✭✭✭✭✭
    I must note that the Mint can knock these things out like crazy when they're motivated to do so.

    Planchet shortage, yeah - right!
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • OPAOPA Posts: 17,124 ✭✭✭✭✭
    APMEX has them still available, but at a higher premium then originally quoted ...
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    The 2009 bullion AGEs may be winners even with the higher than expected mintage.

    And to think I was worried that the 2009 bullion 1/4 OZ AGE could have a lower mintage than the 2008-W burnished 1/4 OZ.......NOT.image
  • cartermurphcartermurph Posts: 141
    I was gonna pull the trigger on 40 1/4 ounce eagles, but tulving is already sold out. Can anyone suggest another wholesaler? thanks
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    pm sent
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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