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Four-coin gold Eagle set popular

GoldProofEagleSetFour-coin sets proved to be the most popular sales option when the 2017 proof gold American Eagle collector coins were put on sale March 2 by the U.S. Mint.

The Mint’s March 5 statistical sales report shows that 4,959 sets were sold.

That figure equals 29 percent of total four-coin set sales for 2016.

Each 2017 proof gold Eagle set contains 1.85 troy ounces of gold in the form of a one-ounce, half-ounce, quarter-ounce and tenth-ounce coin. Initial price was $2,890 for each set, though this will fluctuate with the price of bullion as time goes on.

The next highest demand in percentage terms compared to last year’s sales totals was the tenth-ounce proof gold Eagle.

It’s initial sales of 3,067 pieces equals 14 percent of total 2016 demand.

The one-ounce gold proof coin’s sales number of 2,883 equals 12 percent of the 2016 sales number.

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The 2017 half-ounce had sales of 548 pieces, 10 percent of the 2016 sales figure, and the quarter ounce had sales of 679 coins, 10 percent of 2016 sales.

Opening sales price of the one-ounce coin was $1,560. The half ounce was $795. The quarter ounce was $410 and the tenth ounce was $175.

Sales of the four-coin 2016 set total 17,243. (They are still being sold.) The 2016 half-ounce proof coin had sales of 5,644. The quarter-ounce sales number was 7,135. The tenth-ounce was 17,198.

Sales have ceased for the latter two 2016 gold Eagle issues.

The Mint says each proof gold Eagle coin is sealed in a protective capsule and packaged in a satin-lined velvet presentation case accompanied by a Certificate of Authenticity.

The obverse of these .9167 fine gold coins features a version of Augustus Saint-Gaudens’ full-length figure of Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left, according to the Mint description. The reverse shows Miley Busiek’s design of a male eagle carrying an olive branch flying above a nest containing a female eagle and eaglets.

Visit www.usmint.gov for more information.

 

This article was originally printed in Numismatic News Express. >> Subscribe today

 

More Collecting Resources

• Purchase your copy of The Essential Guide to Investing in Precious Metals today to get started on making all the right investing decisions.

• Keep up to date on prices for Canada, United States and Mexico coinage with the 2017 North American Coins & Prices guide.

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