http://catalog.usmint.gov/webapp/wc...1&parent_category_rn=10191&top_category=10191 From the trend of recent higher prices for metals, APE Proofs will soon be sold out also.
I think the rise in platinum has these coins suspended but not sold out yet. They probably raise the prices and get them selling again as this happened earlier. I think they still have to reprice the gold as well.
platinum soon the 1 oz and 1/2 oz proof version of am eagle platinum might be not available too. because the price of platinum hiked. furthermore, the one ounce american eagle silver (w) uncirculated dollar might also be not available.
That is what the mint had done to the 2007 ASE W Unc and brought it back for sale. I wonder if the mint is going to do the same to the 2007 Gold Buffalo, 2007 AGE Proof and W Unc, and 2007 Platinum products.
From what I have the 2007 gold proof buffalo is sold out at 60,000 so won't come back. The only proof gold eagle that hasn't sold out is the 1/10th ounce coin, and the only UNC W coins I see sold out are the 4 coin platinum set. So if any are unavailable now they probably will come back up once they are repriced. That also includes the platinum proof coins.
At what point does the mint cut their losses with the 2007-W Burnished Gold/Platinum coins, and move to the 2008-W coins? In other words, why does everyone assume they're going to reprice the 2007 coins? Is there some mandate (or somesuch) that they must sell out of the previous year's surplus production before beginning sales of the current year's? Inquiring minds want to know..
I'm not sure why you say they need to cut their losses, as it seems if they are raising the price of the bullion products that are already minted then they would be increasing profits. All I am saying is don't be too sure they don't bring these coins back as from what I see they haven't declared the ones I posted as sold out. And as we saw with the silver eagle UNC W, even after they declare it sold out they may still bring it back. The only thing that ends it for sure as far as I know is they reach the next calendar year and have run out of supply or they start sales of the next year mintage, otherwise the potential exists to start sales again IMO. I think the stoppage is only related to the rise in platinum and gold prices though, and not due to running out of supply yet. The proof gold though has run out for some options. We will see in a month or so and I see last year the mint started sales of platinum on July 17th so if they do that timeframe again we still have 6 months left for any 2007 inventory to be sold before the 2008 coins go up for sale.
200,000 was the max mintage but I see they only sold 60,000 and ended sales. Sales up to November were about 45,000, with a lot of sales to end the year.
What makes you so sure they have already minted them? I know if I was dealing with a high value item where I might have to adjust the price frequently , and where I wanted to make sure I wasn't stuck with unsaleable product (especially if I could divert the raw material into a product that WAS salable) I would keep finished product on hand at a minimum and create to order. I would expect the mint to just have small amounts of planchets delivered to strike accumulated orders. That keeps them from having struck platinums on had that they can't sell when the next years start selling. But it means they have to pay higher prices for the planchets that come in and have to charge higher prices for the coins struck from them.
Looks like the proof and UNC 4 coin platinum sets are now sold out, but all the other platinum options are still in stock once they adjust the prices. 2008 silver proof eagle sales are up to 277,000.
