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Last year for Gold Eagle ?

Just had a customer in the store that said he saw on TV that
this will be the last year for the $50 Gold Eagle,
to be replaced by the new Lady Liberty $100 Gold ounce...
Anyone heard anything about this ?
(sorry if this is old news) LOL
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Comments

  • derrybderryb Posts: 37,064 ✭✭✭✭✭
    Major coin publications have not reported such news. Lady Liberty is a one time commemorative issue. Would not take much stock in the TV sellers until a respected coin publication relays the news from the US Mint. Other possibility is your customer misunderstood what he heard on the TV.

    Exit bunker, enter Matrix. LOL

  • I found this on google,
    find the little video box towards the bottom left,
    this is where it came from...
    you have to listen at least 3 min's in though....

    sorry i dont know how to make a hot link:

    http://www.hsn.com/products/2015-sp70-anacs-first-day-of-issue-limited-edition-of-1/7882635

    Link-a-roonie
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  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I would not take much stock in something reported from HSN....Cheers, RickO
  • That guy can sure lay it on thick :-) LOL
    Support your local Coin Shop
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  • meluaufeetmeluaufeet Posts: 764 ✭✭✭
    I don't think of the Liberty HR as a commemorative.... it does feel like the mid 80s stuff. If it sells at spot down the road then Ill be at near full agreement.
  • MsMorrisineMsMorrisine Posts: 33,391 ✭✭✭✭✭
    Hsn guy know for erroneous statements

    He once said a group of proof sets were the lowest price in say, 20, years but the date range was only say, 15, years



    The relevant federal statute calls for a fifty dollar gold coin containing 1 troy ounce of gold


    31 usc 5112

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • BAJJERFANBAJJERFAN Posts: 31,098 ✭✭✭✭✭
    They should start offering AGEs in HR!
    theknowitalltroll;
  • PerryHallPerryHall Posts: 46,302 ✭✭✭✭✭
    The regular bullion AGE's are in low relief requiring only a single strike unlike the American Liberty HR which requires three strikes which is more expensive production cost. Since productions costs are a consideration it's unlikely there will be any change,

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <i>They should start offering AGEs in HR! >>



    +1
    Avid collector of GSA's.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    The striking of AGE's and ASE's is now at the pleasure of the Secretary of the Treasury. If they ended the gold eagle, emphasis would immediately shift to classic 90% 1 oz gold coins or gold Maples, Onza's, Corona's, Philharmonics, etc. All it would do is cut the USTreasury out of the profit loop. 1 oz gold coins are already sort of too big/too costly as it is (ie less divisible). A 2 oz/$100 face coin would make as much sense as a 2 oz bar.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • BAJJERFANBAJJERFAN Posts: 31,098 ✭✭✭✭✭


    << <i>The regular bullion AGE's are in low relief requiring only a single strike unlike the American Liberty HR which requires three strikes which is more expensive production cost. Since productions costs are a consideration it's unlikely there will be any change, >>



    Just sell the HRs for a higher price, no problemmo.
    theknowitalltroll;
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