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<p>[QUOTE="AuSgPtHoarder, post: 292544, member: 9817"]They will sell the items again, but there is definitely some sales time "lost". I <i>believe</i> they can continue to sell them into 2008, but cannot sell them once the 2008's have launched. </p><p> </p><p>I had acquired a 1/10th and 1/4 oz gold, and a 1/4 and 1/2 oz plat this year in unc, simply based on the price rising, and guessing it may be a low-purchase year because the price is so high. </p><p> </p><p>However, this year, with the sales stoppages, I don't know whether that will really translate to less sales. As the bullion prices approached the mint selling price, it could be that people were snapping them up like crazy. "ooh, look, only $xx over spot, I'm going to buy a bunch!" </p><p> </p><p>I believe the higher prices, both this year and next (assumingly) will push a lot of people away from the gold and platinum eagles, which I also believe makes them a better investment (as a collectible coin, not as bullion necessarily). $800, $900+? for a 1 oz gold eagle may mean a very short circulation compared to years when gold is riding at $400/oz.</p><p> </p><p>Platinums especially should have extremely low mintages. The UNC's have been produced in lower volumes than the proofs in recent years (recall 50-100k in the first few years, compared to 6-10k more recently?). So what does 2007 look like? If the trend continues toward lower mintage as platinum prices have risen, we might be looking at less than 5,000 1 oz platinum UNC's this year. Of course, there has never been the interest in platinum eagles that there is in gold, but my guess is <i>someday</i>, people are going to get interested in the Plat's. When/If that day ever comes, 5,000 (or even 10,000) of an issue is not going to stretch very far.</p><p> </p><p>I guess the summary to my long-winded post is, the higher the spot price of gold & platinum, the lower you can expect the mintage to be. Platinum goes back to $250/oz and the demand for UNC's will be much, much higher.[/QUOTE]</p><p><br /></p>
[QUOTE="AuSgPtHoarder, post: 292544, member: 9817"]They will sell the items again, but there is definitely some sales time "lost". I [I]believe[/I] they can continue to sell them into 2008, but cannot sell them once the 2008's have launched. I had acquired a 1/10th and 1/4 oz gold, and a 1/4 and 1/2 oz plat this year in unc, simply based on the price rising, and guessing it may be a low-purchase year because the price is so high. However, this year, with the sales stoppages, I don't know whether that will really translate to less sales. As the bullion prices approached the mint selling price, it could be that people were snapping them up like crazy. "ooh, look, only $xx over spot, I'm going to buy a bunch!" I believe the higher prices, both this year and next (assumingly) will push a lot of people away from the gold and platinum eagles, which I also believe makes them a better investment (as a collectible coin, not as bullion necessarily). $800, $900+? for a 1 oz gold eagle may mean a very short circulation compared to years when gold is riding at $400/oz. Platinums especially should have extremely low mintages. The UNC's have been produced in lower volumes than the proofs in recent years (recall 50-100k in the first few years, compared to 6-10k more recently?). So what does 2007 look like? If the trend continues toward lower mintage as platinum prices have risen, we might be looking at less than 5,000 1 oz platinum UNC's this year. Of course, there has never been the interest in platinum eagles that there is in gold, but my guess is [I]someday[/I], people are going to get interested in the Plat's. When/If that day ever comes, 5,000 (or even 10,000) of an issue is not going to stretch very far. I guess the summary to my long-winded post is, the higher the spot price of gold & platinum, the lower you can expect the mintage to be. Platinum goes back to $250/oz and the demand for UNC's will be much, much higher.[/QUOTE]
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US Mint hals gold sales...again?
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