US Mint Gold, Platinum price weekly update - Gold & Platinum prices remain the same this week

Nooker · January 4, 2012 8:48AM

Since I am tracking the prices for Gold and Platinum coins purchased directly from the US mint, I thought I would post the changes to the mint prices for the upcoming week, based on the commodity's Wed London close price for these.

I will post the prior weekly average for the spot price, the Pricing Criteria to be used by the mint for the following week, and the upcoming week's US Mint price for a 1 oz Gold Proof eagle (AGE), and 1 oz Platinum Proof Eagle (APE). You can look at the mint's matrix for other coin prices in that range, such as Buffalo gold, etc

This of course does not imply the coins are available for sale, simply what their price would be IF they were available.

7 days ending Jan 4, 2012:

Gold avg: $1581 Criteria #1 (no change) AGE $1835

Plat avg: $1392 Criteria #1 (no change) APE $1692

Mark

Nooker · January 11, 2012 6:14AM

starting 1/12/12, Gold up $50, Platinum remains the same

7 days ending 1/11/12;

Gold avg: $1620; Criteria #2 (change); AGE (proof) $1885 (up $50 from last week)

Platinum avg: $1436; Criteria #4 (no change); APE (proof) $1692

Platinum Wed close is in the next range, but weekly average is within the same range, so the new price does not change - note though that this indicates a change should be coming next week - probably up $100 per coin.

Mark

Nooker · January 11, 2012 6:43AM

and as of Wed 13:30 Pacific, the mint has changed GOLD prices to the new price.

Anybody know what time on Wednesdays they update prices?

Mark

MsMorrisine · January 11, 2012 7:13AM

I think it is soon after the pm fix

Nooker · January 11, 2012 8:04AM

The London PM fix happens at 15:00 GMT, so does that mean that the Mint changes prices shortly after 10am eastern?

Mark

MsMorrisine · January 11, 2012 8:05AM

yeah, sounds about right.

Nooker · January 18, 2012 1:09AM

starting 1/18/12, Gold remains the same, Platinum up $100 from last week

7 days ending 1/18/12;

Gold avg: $1648; Criteria #1 (no change); AGE (proof) $1885
Platinum avg: $1500 (up $64 from last week); Criteria #2 (change); APE (proof) $1792

Nooker · January 25, 2012 12:23AM

starting 1/25/12, Gold up $50 from last week, Platinum remains the same from last week

7 days ending 1/25/12;

Gold avg: $1660 (up $12 from last week); ; Criteria #2 (change); AGE (proof) $1935
Platinum avg: $1536 (up $36 from last week); Criteria #1 (no change); APE (proof) $1792

silverstreak · January 25, 2012 1:26AM

Thanks nooker

Nooker · February 2, 2012 1:30AM

starting Feb 2, 2012, Gold up $50 from last week, Platinum up $100 from last week

7 days ending Feb 2, 2012;

Gold avg: $1733 (up $73 from last week); ; Criteria #2 (change); AGE (proof) $1985
Platinum avg: $1612 (up $76 from last week); Criteria #2 (change); APE (proof) $1892

added: gold up 14% for Jan, Platinum up 19%

wow!

Nooker · February 8, 2012 12:28AM

starting 2/8/12, Gold remains the same, Platinum remains the same
7 days ending 2/8/12;

Gold avg: $1735; Criteria #1 (no change); AGE (proof) $1985
Platinum avg: $1625; (Criteria #1 (no change); APE (proof) $1892

Nooker · February 15, 2012 2:01AM

starting 2/15/12, Gold remains the same,Platinum remains the same
7 days ending 2/15/12;

Gold avg: $1727 (down $8); Criteria #1 (no change); AGE (proof) $1985
Platinum avg: $1645 (up $20); Criteria #1 (no change); APE (proof) $1892

Nooker · February 29, 2012 8:59AM

(I missed last week, so here it is

starting 2/22/12, Gold remains the same,Platinum price increases

7 days ending 2/22/12;

Gold avg: $1734 (up $7); Criteria #1 (no change); AGE (proof) $1985
Platinum avg: $1653 (up $8); Criteria #2 (change); APE (proof) $1992

Nooker · February 29, 2012 9:02AM

and now for this week:

starting 2/29/12, Mint prices for Gold increases, Platinum remains the same
7 days ending 2/22/12;

Gold avg: $1776 (up $42 wow!); Criteria #1 (change); AGE (proof) $2035
Platinum avg: $1717 (up $64 wow!); Criteria #2 (no change); APE (proof) $1992

Nooker · March 8, 2012 3:40AM

starting 3/7/12, Mint prices for Gold decreases, Platinum remains the same
7 days ending 3/7/12;

Gold avg: $1694 (down $82 wow!); Criteria #1 (change); AGE (proof) $1935 (down $100 from last week)
Platinum avg: $1660 (down $57 wow!); Criteria #2 (no change); APE (proof) $1992

Nooker · March 14, 2012 6:09AM

starting 3/14/12, Gold remains the same,Platinum remains the same

7 days ending 3/14/12:

Gold avg: $1682 (down $12); Criteria #1 (no change); AGE (proof) $1935
Platinum avg: $1669 (up $9); Criteria #1 (no change); APE (proof) $1992

MsMorrisine · March 14, 2012 8:02AM

Buffs out tomorrow, who's going to wait a week????

SlvrandGld · March 14, 2012 8:10AM

Probably gonna wait for a slabbed 70 in the aftermarket, whats the turnaround time from when the mint releases them to when 70's start showing up on ebay, anyone know?

MsMorrisine · March 14, 2012 8:18AM

it's quite possible some will show up saturday or sunday.

Nooker · March 15, 2012 4:10AM

gold close today was $1648. That's down $128 in 3 weeks. if the avg stays below $1650 for the next 4 trading sessions, then the Buff's will be lowered next Wed.

I think I'm gonna wait. Still have time to get some FS eligible a week from now if I would guess.

Mark

SlvrandGld · March 15, 2012 6:10AM

<< <i>gold close today was $1648. That's down $128 in 3 weeks. if the avg stays below $1650 for the next 4 trading sessions, then the Buff's will be lowered next Wed.

I think I'm gonna wait. Still have time to get some FS eligible a week from now if I would guess.

Mark >>

It would be nice to see another price drop but Im not too confident that will happen. I just checked and golds back up to $1,658. Time will tell.

Nooker · March 21, 2012 1:45AM

starting 3/21/12, Gold remains the same,Platinum remains the same

7 days ending 3/21/12:

Gold avg: $1655 (down $27); Criteria #1 (no change); AGE (proof) $1935
Platinum avg: $1664 (down $5); Criteria #1 (no change); APE (proof) $1992

Nooker · March 28, 2012 1:05AM

starting 3/28/12, Gold remains the same, Platinum price goes down $100
7 days ending 3/28/12:

Gold avg: $1669 (up $14); Criteria #1 (no change); AGE (proof) $1935
Platinum avg: $1633 (down $31); Criteria #2 (change); APE (proof) $1892

2manycoins2fewfunds · March 28, 2012 1:25AM

Thanks.......

jmski52 · March 28, 2012 1:32AM

Thanks, Nooker.

Cakes · March 30, 2012 5:29AM

<< <i>Thanks, Nooker. >>

ditto

Nooker · April 4, 2012 1:23AM

despite the big drop in precious metals yesterday 4/3 (gold down $55, platinum down $43) . . .

starting 4/4/12, Gold remains the same,Platinum remains the same

7 days ending 4/4/12:

Gold avg: $1658.85 (down $10); Criteria #1 (no change); AGE (proof) $1935
Platinum avg: $1639.4 (up $6); Criteria #1 (no change); APE (proof) $1892

Nooker · April 11, 2012 1:01AM

only 3 days of precious metal trading this past week . . .

starting 4/11/12, Mint Prices for Gold decreases, Platinum remains the same
7 days ending 4/11/12;

Gold avg: $1644 (down $14.50); Criteria #1 (change); AGE (proof) $1885 (down $50 from last week)
Platinum avg: $1596 (down $44); Criteria #2 (no change); APE (proof) $1892

edited to correct the APE price - same as last week $1892

jmski52 · April 11, 2012 1:28AM

The Plat APE Proof has been $1,892 for at least the past week.

Nooker · April 11, 2012 2:44AM

darn, i messed up . . . thanks for the notice.

I edited the previous price listing to show the right price (I had it right the previous week, but when I copy & paste from another period I forgot to fix the APE price . . . .sorry)

mark

mikeyg · April 11, 2012 2:57AM

Thank you nooker for keeping us up to date on the prices.

coolest · April 11, 2012 3:02AM

Why did the SSB gold commem go up in price?

I thought the price of gold has been droping or at least not going up

silverstreak · April 11, 2012 7:38AM

<< <i>Why did the SSB gold commem go up in price?

I thought the price of gold has been droping or at least not going up >>

There was a 30 day intro price as is normal with commems. Auto bump in price at the end of that period.

WDH · April 11, 2012 8:13AM

Did the price for the first spouse coins change? Looks like they stayed the same.

Nooker · April 11, 2012 8:28AM

The First Spouse coins are tagged to the same pricing grid that I refer to in my posts, so if the AGE goes up or down, so does the First Spouse gold coin.
Gold Coin Pricing grid

However, as was stated above, the Star Spangled Banner coins had a cheaper price ($5 less) for a brief "introductory" period of time, then defaulted back to their "regular price", which is now tied to a commemorative gold pricing grid :

link to Commem gold grid

WDH · April 11, 2012 11:39PM

Nooker, I understand the process, but the first spouse coins didn't come down. With gold average at 1644, the first spouse's should be 979 proff and 966 uncirc.

Thanks for the updates.

Nooker · April 18, 2012 1:01AM

starting 4/18/12, Gold up $50 from last week, Platinum remains the same from last week

7 days ending 4/18/12;

Gold avg: $1654 (up $10 from last week); ; Criteria #2 (change); AGE (proof) $1935
Platinum avg: $1581 (down $15 from last week); Criteria #1 (no change); APE (proof) $1892

Nooker · April 25, 2012 1:10AM

starting 4/25/12, Gold down $50 from last week, Platinum remains the same from last week

7 days ending 4/25/12;

Gold avg: $1642 (down $12 from last week); ; Criteria #2 (change); AGE (proof) $1885
Platinum avg: $1570 (down $11 from last week); Criteria #1 (no change); APE (proof) $1892

Nooker · May 2, 2012 5:22AM

starting 5/2/12, Gold up $50 from last week, Platinum remains the same from last week

7 days ending 5/2/12;

Gold avg: $1656 (up $14 from last week); Criteria #2 (change); AGE (proof) $1935
Platinum avg: $1565 (down $5 from last week); Criteria #1 (no change); APE (proof) $1892

Nooker · May 9, 2012 8:59AM

starting 5/9/12, Gold down $50 from last week, Platinum down $100 from last week

7 days ending 5/9/12;

Gold avg: $1617 (down $39 from last week); ; Criteria #2 (change); AGE (proof) $1885
Platinum avg: $1524 (down $41 from last week); Criteria #2 (change); APE (proof) $1792

Nooker · May 16, 2012 1:01AM

*** Lowest gold prices year to date!!

starting 5/16/12, Gold down $50 from last week, Platinum remains the same from last week

7 days ending 5/16/12;

Gold avg: $1569 (down $48 from last week); ; Criteria #2 (change); AGE (proof) $1835
Platinum avg: $1456 (down $68 from last week); Criteria #1 (no change); APE (proof) $1792

Nooker · May 23, 2012 1:04AM

starting 5/23/12, Gold and Platinum remains the same from last week

7 days ending 5/23/12;

Gold avg: $1574 (up $5 from last week); ; Criteria #1 (no change); AGE (proof) $1835
Platinum avg: $1450.2 (down $4 from last week); Criteria #1 (no change); APE (proof) $1792

Nooker · May 30, 2012 12:19AM

starting 5/30/12, Gold remains the same, Platinum price goes down $100

7 days ending 5/30/12:

Gold avg: $1566 (down $8); Criteria #1 (no change); AGE (proof) $1835
Platinum avg: $1427 (down $23); Criteria #2 (change); APE (proof) $1692

these platinum prices are down $300 from their highest prices of the year, in late Feb & early March.

Mark

Nooker · June 6, 2012 2:56AM

starting 6/6/12, Gold and Platinum remains the same from last week

7 days ending 6/6/12 (note that the London exchanges were only open 3 days this last period due to the Queen's Diamond Jubliee celebrations)

Gold avg: $1599 (up $33 from last week); ; Criteria #1 (no change); AGE (proof) $1835
Platinum avg: $1423 (down $4 from last week); Criteria #1 (no change); APE (proof) $1692

Nooker · June 13, 2012 1:15AM

starting 6/13/12, Gold and Platinum remains the same from last week (just barely!)

7 days ending 6/13/12

Gold avg: $1598 (down $1 from last week - next price bracket is $1600); ; Criteria #1 (no change); AGE (proof) $1835
Platinum avg: $1448 (up $25 from last week - next price bracket is $1450); Criteria #1 (no change); APE (proof) $1692

Nooker · June 20, 2012 1:25AM

starting June 20, 2012, Gold up $50 from last week, Platinum up $100 from last week

7 days ending June 20, 2012;

Gold avg: $1616.55 (up $17.55 from last week); ; Criteria #2 (change); AGE (proof) $1885
Platinum avg: $1481.4 (up $33.8 from last week); Criteria #2 (change); APE (proof) $1792

Nooker · June 27, 2012 1:30AM

starting June 27, 2012, Gold down $50 from last week, Platinum down $100 from last week

7 days ending June 27, 2012;

Gold avg: $1573.40 (down $43 from last week); ; Criteria #2 (change); AGE (proof) $1835
Platinum avg: $1433.4 (down $48 from last week); Criteria #2 (change); APE (proof) $1692

both are at their lowest prices they have been in 2012

Nooker · July 5, 2012 1:15AM

starting 7/4/12, Gold and Platinum remains the same from last week

7 days ending 7/4/12

Gold avg: $1598 (up $25 from last week); ; Criteria #1 (no change); AGE (proof) $1835
Platinum avg: $1446 (up $13 from last week); Criteria #1 (no change); APE (proof) $1692

Nooker · July 11, 2012 12:26AM

starting 7/11/12, Gold and Platinum remains the same from last week

7 days ending 7/11/12

Gold avg: $1590 (down $8 from last week); ; Criteria #1 (no change); AGE (proof) $1835
Platinum avg: $1446 (down only 60 cents from last week); Criteria #1 (no change); APE (proof) $1692

Nooker · July 19, 2012 1:44AM

starting 7/18/12, Gold and Platinum remains the same from last week

7 days ending 7/18/12

Gold avg: $1580 (down $10 from last week); ; Criteria #1 (no change); AGE (proof) $1835
Platinum avg: $1416 (down $30 from last week); Criteria #1 (no change); APE (proof) $1692

Nooker · July 25, 2012 3:37AM

starting 7/25/12, Gold and Platinum remains the same from last week

7 days ending 7/25/12

Gold avg: $1583 (up $3 from last week); ; Criteria #1 (no change); AGE (proof) $1835
Platinum avg: $1401 (down $14 from last week); Criteria #1 (no change); APE (proof) $1692

US Mint Gold, Platinum price weekly update - Gold & Platinum prices remain the same this week

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