If you want to buy an ounce of gold because you think it is going up in price, does it matter what the date is?
Apparently.
The Mint still has 17,000 of the 2009-dated coins to get rid of approximately one month after the 2010 coins went on sale Jan. 19.
Gold buyers have to buy one 2009-dated coin for every three 2010 coins they purchase.
So far, the Mint has sold 135,000 one-ounce gold American Eagles. Of that number, 34,000 were dated 2009, so the enforced ratio is basically showing the buyers taking what is required and no more.
It could be that another 68,000 coins will have to be sold at this rate to get rid of the remaining 17,000 2009-coins.
More Resources:
• Subscribe to our Coin Price Guide, buy Coin Books & Coin Folders and join the NumisMaster VIP Program
