Mint News Blog

News, Information, and Commentary on US Mint Products

Tuesday, March 18, 2008

2007-W Burnished Gold Eagles Sold Out, 2007-W Dolley Madison Proof Suspended


Yesterday I mentioned the possibility for suspensions and re-repricings on some of the US Mint's gold products. Since then, sales of the 2007-W Proof Dolley Madison Coin have been suspended and several options for the 2007-W Uncirculated Gold Eagles have apparently sold out.

The 2007-W Proof Dolley Madison First Spouse Coins had been on sale for $529.95. The US Mint's product page now displays the bullion related suspension message. The proof version joins the uncirculated version of the coin which had been suspended on March 3. I am guessing that the coins will be re-priced at levels similar to the Elizabeth Monroe First Spouse Coins, which are currently $619.95 and $599.95 for proof and uncirculated versions, respectively.

As of March 13, 2008, Dolley Madison sales had been reported at 16,268 proof coins sold and 10,400 uncirculated coins according to Numismaster.

The 2007-W Burnished Gold Eagles Coins appear to be sold out for the one ounce, one-half ounce, and 4 coin set options. The US Mint's product pages state "Product Not Available" for these options although the one-quarter ounce and one-tenth ounce coins are still for sale.

I have long mentioned these 2007-W Burnished Gold Eagles as having particularly low sales figures, as a result of the numerous product suspensions over the course of last year. These low sales may contribute to extremely low final mintages.

As of March 13, 2008, sales figures for the sold out 2007-W Burnished Gold Eagles are shown below. These figures are also according to Numismaster.

1 ounce 13,941
1/2 ounce 4,596
4 coin set 7,333

These figures will likely get bumped up from this week's sales, but that puts them at extremely low levels for such a popular series.

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1 Comments:

At March 19, 2008 at 7:19 AM , Anonymous Anonymous said...

I'm looking forward to the 2008
Eagles due on April 1st according to the Mint. Prices seem
reasonable.

 

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