Mint News Blog

News, Information, and Commentary on US Mint Products

Monday, February 4, 2008

2007-W Burnished Platinum Eagles Back on Sale


In addition to the 2007-W Burnished Gold Eagles going back on sale, the 2007-W Burnished Platinum Eagles also went back on sale last night. These collectible versions of the platinum bullion coins are struck on specially burnished blanks and carry the "W" mint mark. Sales were recently suspended due to the rising price of platinum.

The coins are shown as available for purchase here. Note, prices listed on this page are not correct. Once you begin to move through the check out process, the higher adjusted prices will be shown. The table below shows the former prices, new prices, and change:


Old Price New Price Change
1 oz. $ 1,630.95 $ 1,869.95 14.65%
1/2 oz. $ 830.95 $ 949.95 14.32%
1/4 oz. $ 435.95 $ 499.95 14.68%
1/10 oz. $ 204.95 $ 229.95 12.20%
4 coin set $2,976.95 Not Avail. N/A

As with the Burnished Gold Eagles, it seems likely that the Mint is finally selling of the remaining inventory of 2007 coins at adjusted prices. So far, sales figures of the 2007-W Burnished Platinum Eagles have been relatively low, but have exceeded the extremely low sales figures of last year. The follow table shows the sales figures as of January 24, 2008 from Numismaster:


2007 (as of 1/24/08)
1 oz. 1,518
1/2 oz. 1,269
1/4 oz. 1,218
1/10 oz. 3,083
4 coin set 2,741

Similar to my comments on the Burnished Gold Eagles, these may present an opportunity for appreciation if the final mintage figures are low enough. Last year's Burnished Platinum Eagles saw some great appreciation after the final numbers were revealed to be at record lows.

The 2007-W Proof Platinum Eagles also went back on sale. The 2007 10th Anniversary Platinum Eagle Set remains on sale at the same price as issued.
Related:
2007-W Burnished Gold Eagles Back on Sale

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2 Comments:

At February 6, 2008 at 1:59 PM , Anonymous Anonymous said...

The Platinum Uncirculated (Burnished) coins are once again off sale.

 
At February 6, 2008 at 2:14 PM , Blogger Michael said...

Thanks for the heads up. That was sure quick.

 

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