2007 w american eagle gold proof & uncirculated

latest report

american eagle 1/4 oz. gold proof is now sold out. now only the 1/10 oz. available. the 2008 am eagle 1/4 oz gold coin may cost $279.95 each.

 

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gold closed at $860.00 per ounce

gold closed at $860.00/oz. let's assume that the u.s. mint would like to put prices on the following coins today. certainly the mint will add some more to its $860.00/oz gold. well, let's said it is $875.00 per ounce. so the mint will based $875.00/oz. to price those coins.

2008 am eagle gold unc (w) mint mark:
one ounce - $964.95
1/2 ounce - $499.95
1/4 ounce - $259.95
1/10 ounce-$114.95

2008 am eagle gold proof:
one ounce - $1,029.95
1/2 ounce - $529.95
1/4 ounce - $279.95
1/10 ounce-$131.95

spouse gold unc - $549.95
spouse gold proof-$569.95

modern commemoratives:
five dollars gold coupon: $306.95 unc
five dollars gold coupon..$326.95 proof

 

If this is correct, 2007 is the lowest 1/10 oz. Next being 159,000 in 1988.

 

These numbers dont match the Mints website.

http://www.usmint.gov/mint_programs/american_eagles/index.cfm?action=sales&year=2007

 

mintage

cause these number does not include december. the website is current. but then. all (w) mint mark mintages were lower than these numbe. which are without mint mark.

 

I was referring to the non-W gold Bullion. If you don't include Dec 2007, but include Dec 2006 the numbers are even higher. I looked at NN, but they only show Dec 2007 rather than all of 2007.

 

with or without mint mark

with or without mint mark. the bullion am eagle gold series will be considered the same bracket.

 

So I loaded up

Ok, so "Thank You" Elaine. Based on this and one other thread where we discussed the mintages of the 2007 vs. 2007-W coins, I have loaded up. I bought 20 of the 1/4oz, and 4 of the 1/2oz 2007-W gold in NGC MS-70. Now the question is when to sell?

 

gold eagle

the two gold that you bought will go up at least 100% or even more by the end of the year. my estimate is that 200% to 300%. if you don't need money. you don't have to sell them. it is like a atomic bomb. the last resources.

 

According to my research I see the 1/10 and 1/4 proof gold eagles are not sold out yet, while the 1/10 is available to buy the 1/4 will probably come back up once they reprice.

Also the 2007 w UNC gold may not be available now but I see they have not said they are sold out, so expect them to come back available at higher prices.

None of the platinum 2007 W coins, proof or UNC are showing as sold out either. All can be sold up until they release the 2008 later this year so I think these will all show back up at some point.

In other words, the only eagles I see sold out are the 1 and 1/2 ounce gold 2007 W Proof, and the 4 coin gold proof set. Also the 2008 silver proof eagle is now available so that removes the 2007 proof. The 2007 W silver eagle UNC is still being sold in the dollar set.

 

Between the mints website and NN the numbers just dont add up. Then again, NN reported that the mint was out of gold and would not be selling anymore "so the November numbers are it for the year."....WRONG

"The Mint has run out of 2007 gold, silver and platinum American Eagles for its distribution network so the November numbers are it for the year.
http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=3509

I dont trust any of these numbers.

 

trust or not

never trust them is correct. but those are only serves as a guide. as we read this forum. people said something is also a guide. learn and add knowledge. be smart. see anything you like. afford it. then buy it.

 

I wonder what is the platinum Unc and W Unc breakdown for 2007.

The mint shows 7,000 1/10 sold, NN shows 8,000 1/10 sold for December. Are they factoring in 2008's going out early January? How many are W and how many are the regular Unc with the eagle reverse?

I guess we will need to wait until 2010 to get the Redbook numbers.

 

The coins for the distribution network are the bullion coins they sell through the dealers, not at the mint website. As far as bullion sales you have to factor in the December numbers into next years sales. So the 2007 started sales in 2006. 2008 started last month.

Once bullion prices settle down I expect the coins I mentioned to all be back up for sale until they either sell all left in inventory or start sales of the 2008 W coins.

 

problem again

again after two or three years. the final mintage published by many books and magazines were sometimes not the same. so it is very hard to know the real mintage. even the mint can not tell us. that's what the insiders make a big profit on this.

 

Can you provide a link to the annual reports or direct me to find the reports?

 

I looked through the 2006 report and it is just a standard balance and income statement along with auditors reports. No individual breakdown of mintages.

http://www.usmint.gov/about_the_mint/index.cfm?action=annual_report