Welcome back to Something About Coins! Coin collectors are certainly feeling the heat for the high gold demand. Below are summaries of gold news and more.
The U.S. Mint raised gold collector coin prices today. CoinNews.net reported the following price changes:
$20 UHR Double Eagles one ounce gold coins went from $1,489 to $1,539;
$50 American Buffalo Proof one ounce gold coins went from $1,410 to $1,460;
$10 First Spouse Proof half ounce gold coins went from $729 to $754; and
$10 First Spouse Uncirculated half ounce half coins went from $716 to $741.
Reuters reported the U.S. Mint suspended American Eagle gold bullion production until early December, due to high demand and short supply. The Mint notified its authorized dealers in a memo earlier today, the report said.
The U.S. Mint also suspended silver American Eagle bullion coins, according to Dave Harper on NumisMaster.com. Harper said that the Mint is still striking bullion coins, and it expects to have a new supply of silver bullion coins in early December. As far as gold goes, Harper stated that West Point is "working to supply additional 2009 gold American Eagles also."
Thank you for reading and have a wonderful and Happy Thanksgiving!
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