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Proof gold sales stopped

2006-Gold Eagle-proof-obv.jpg 2006-Gold Eagle-proof-rev.jpgSales of American Eagle gold proof coins were temporarily halted the week of May 1 due to the increasing market value of gold.

The U.S. Mint released a statement on May 5 saying that American Eagle gold proof coins would be temporarily unavailable until prices can be adjusted higher.

According to the statement, the Mint expected products to be available with adjusted pricing on or after May 11.

Currently, the prices for 2006 gold American Eagles are as follows: $770 for a one-ounce coin; $385 for a half-ounce coin; $200 for the quarter-ounce coin; $100 for the tenth-ounce coin; and $1,350 for the four-coin set.

By press time on May 11, no new pricing information had been provided by the Mint.

One-ounce 2006 gold American Eagle proof coins were nearing a sellout when sales were suspended.

As of May 9, a total of 11,496 individual one-ounce gold Eagles had been sold. The maximum individual coin mintage is 12,000. The one-ounce coin will still be available in the four-coin set, where roughly half of the 27,000 pieces still remain unsold.

For more information, visit www.usmint.gov or call (800) USA-MINT (872-6468). 

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