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Mint Statistics: Little notice paid to tenth-ounce gold

It is going to be a long slog to reach sellout status for the American Liberty tenth-ounce 2018 gold proof coin. Mintage limit is set at 135,000. In the opening days of sales, the Mint vended 14,741. That’s not quite 11 percent of potentially available supply. The Mint has “Limited” draped across its website offer. That is certainly true. Supply isn’t infinite, but in balancing demand with supply, it looks like supply of 135,000 is close to infinite.

Demand for regular bullion American Eagle gold and silver coins is not setting any records, either. This week, another 1,500 one-ounce gold Eagles sold, along with 385,000 silver Eagles.

Proof 2018-W silver Eagle numbers moved ahead by 8,993 to reach 244,890. The initial demand surge is petering out. The 2018-W platinum proof rose by 930 to reach 9,246. That betters the 2017-W total.

World War I medals crept forward.

 

 

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

 

More Collecting Resources

• The 1800s were a time of change for many, including in coin production. See how coin designs grew during the time period in the Standard Catalog of World Coins, 1801-1900 .

• Order the Standard Catalog of World Paper Money, General Issues to learn about circulating paper money from 14th century China to the mid 20th century.

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