Mint News Blog

News, Information, and Commentary on US Mint Products

Tuesday, April 1, 2008

2007-W Burnished Gold Eagle Sales End

The remaining options for 2007-W Burnished Gold Eagles are no longer available for sale from the US Mint. This coincides with the start of sales for the 2008 versions of the coins.

The remaining 2007-W Burnished Gold Eagles available were the one-fourth ounce and one-tenth ounce versions. The one-ounce, half-ounce, and 4 coin set had recently sold out as covered in this prior post.

This series ends with a whimper as the price of gold has experienced a steep decline over the past week. However, even before the final week, sales had been tracking low. This was in part due to the fact that the offering had spent a significant amount of time under sales suspensions due to the volatile price of gold. The series is also somewhat obscure, as it is positioned between the popular bullion versions and the more widely collected proof versions.

The most recent sales figures for the 2007-W uncirculated Gold Eagles are below. Figures are as of March 27, 2008.

For Option Total for Coin
1 oz. 2007-W AGE 16,724 24,902
1/2 oz. 2007-W AGE
5,180 13,358
1/4 oz. 2007-W AGE
6,239 14,417
1/10 oz. 2007-W AGE
15,982 24,160
4 Coin Set 2007-W AGE

Although these are not the final numbers, it looks like at least a few coins are in for extremely low final mintages.

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