Status of the Popular US Mint Gold Coins
Status of the Popular US Mint Gold Coins
US mint gold coins are produced by the United States Mint to carry out the country’s trade and commerce. The establishment of the Mint took place with the enactment of the Coinage Act of 1792 by the Congress. In 1795, the Mint issued the first gold coins. Over the time, a number of specifications have been changed time and again by Congress. Stock market performance, interest rates and the demand for and supply of US gold coins influence their prices as well as availability.
US Mint Gold Coins: Status of One-Ounce Buffalo Gold Coins
It is not often that the demand exceeds the supply of specific gold coins. This has happened with one of the most desirable range of US gold coins – American Buffalo gold coins. The United States Mint is out of stock of the one-ounce American Buffalo gold coins. That is not all, it will not keep an inventory of the popular gold bullion coin anymore. Due to their purity (24-karats), American Buffalo gold coins are very popular among gold traders. Owing to the rise in the price of gold coins, more and more investors are buying in them, leading to an increase in demand and a depletion of the 2010 American Buffalo gold coin.
US Mint Gold Coins: Status of American Eagle Gold Proof Coins
The United States Mint announced the availability of the 2010 American Eagle Gold Proof Coins on September 16, 2010. The range includes the following:
- One-Ounce Coin
- Half-Ounce Coin
- Quarter-Ounce Coin
- Tenth-Ounce Coin
- Four-Coin
The price of these coins ranges between $1,350.00 and $1,399.99. The design of the new American Eagle Gold Proof Coins has been inherited from Augustus Saint-Gaudens drawings (1907). Made from 22-karat gold, these coins have a Liberty with an olive branch in the left hand and a torch in the right hand. The other side of these coins bears a male and a female eagle. The male is holding an olive branch in its beak, whereas the female is sitting on hatchlings. This side has been designed by sculptor Miley Busiek. The frosted cameo image on the coin is sealed with a special plastic. The delivery of each coin takes place in a presentation case, accompanied by a Certificate of Authenticity that bears the signature of Edmund C. Moy, the United States Mint Director.
US Mint Gold Coins: Status of 2010 Gold Eagle Bullion Coin
September 2010 saw the rebounding of Bullion 2010 Gold American Eagles. As of October 6, 2010 the sales figures of United States Mint coins revealed that 88,000 ounces of strikes were bought by Mint Authorized Purchasers in September. The count includes the following coins:
- One-Ounce coin
- Half-Ounce Coin
- Quarter-Ounce Coin
- Tenth-Ounce Coin
The sale of all of these coins was higher for September 2010 than the August sales figures.
US Mint Gold Coins: Debut of 2010 Proof Gold Eagles
October 7, 2010 saw the release of the much awaited 2010 Proof Gold Eagles. Buyers showed a lot of enthusiasm to make the new coin a big hit in the gold investing industry. As of October 10, the sales figures were as follows:
- 2,780 of the one-quarter ounce coins got sold
- 6,945 of the one-tenth ounce got sold
- 7,147 orders for the 4 coins set
The 2010 Proof Gold Eagles had a cumulative sale of over $47 million across all options.
US Mint Gold Coins: Debut of 2010 Proof Gold Eagles
October 7, 2010 saw the release of the much awaited 2010 Proof Gold Eagles. Buyers showed a lot of enthusiasm to make the new coin a big hit in the gold investing industry. As of October 10, the sales figures were as follows:
• 2,780 of the one-quarter ounce coins got sold
• 6,945 of the one-tenth ounce got sold
• 7,147 orders for the 4 coins set
The 2010 Proof Gold Eagles had a cumulative sale of over $47 million across all options.
