Mint News Blog

News, Information, and Commentary on US Mint Products

Friday, January 9, 2009

2008 Proof Gold Eagles Sold Out

As of yesterday, all options for the 2008 Proof American Gold Eagles have sold out at the US Mint. This includes individual 1 oz, 1/2 oz, 1/4 oz, 1/10 oz coins and the 4 Coin Set.

Over the past few weeks, the 2008 Proof Gold Eagles have steadily disappeared from the US Mint's website. It seemed that every few days another option would slip into back order status or sell out. The first options to go were the 1 ounce coin and 4 Coin Set. The 1/2 ounce coin and 1/4 ounce coin followed, with the 1/10 ounce coin the last to sell out.

The US Mint sales figures published January 5 by Numismaster show low sales figures which should translate into low final coin mintages. The first column displays the sales per individual ordering option and the second column displays the total per coin (individual sales plus 4 Coin Set sales).

2008 Proof Gold Eagle Sales Figures

Individual Total
1 oz 16,327 25,896
1/2 oz 10,887 20,456
1/4 oz 6,073 15,642
1/10 oz 10,897 20,466
4 Coin Set 9,569

These numbers are quite low for Proof Gold Eagles. By comparison, the last reported sales figures for the 2007 Gold Eagles show amounts more than double the 2008 figures above. Looking back over the entire Proof Gold Eagle series, the only numbers I see around these low levels are for the 1997 and 1998 coins.

As the proof versions sold out, the 2008-W Uncirculated Gold Eagles slipped into back order status. Sales figures are also at very low levels. With the exception of the 1/2 ounce coin, the sales figures for 2007-W Unc Gold Eagles were more than double the amounts below. As with the proof coins, these numbers can still increase, but things are certainly looking interesting.

2008-W Unc Gold Eagle Sales Figures

Individual Total
1 oz 5,727 8,073
1/2 oz 1,783 8,995*
1/4 oz 2,911 5,257
1/10 oz 7,261 9,607
4 Coin Set 2,346

*includes sales figures for Double Prosperity Set



At January 9, 2009 at 5:01 PM , Anonymous Anonymous said...

Just FYI the 4-Coin set also appears to be available, from the "discontinued products" listing. Whew!

At January 10, 2009 at 5:12 PM , Anonymous Anonymous said...

Concerning the 2008 1/10 oz. gold eagle proof mintage......Unless I am looking at a bad chart it seems to me that the final sales figures for 1/10 oz. gold eagle proofs for 1998 and from 2001 to 2005 are lower than 2008's already....while 1997 is quite a bit higher than all of them.

Have I got bad info here?

1997 35,005
1998 20,000
2001 20,975
2002 21,195
2003 19,525
2004 15,650
2005 17,550
2006 ??
2007 61,741

At January 10, 2009 at 5:15 PM , Blogger Michael said...

I am looking at the US Mint's proof bullion sales figures published here.

Add the individual sales plus the 4 Coin set sales. Your numbers just seem to have the individual sales.

At January 10, 2009 at 6:11 PM , Anonymous Anonymous said...

I had a feeling that might be the case. Thanks for the clarification.

At January 10, 2009 at 7:35 PM , Anonymous Anonymous said...

If the trend that followed the Buffalos and Platinum Eagles sales remains uninterupted, the remaining 1/10th oz Gold Proofs that are indicating as backordered, will without notice, become as Not Available and dissapear. I don't trust the online avaialability anymore. To me, backordered means forget about it.

At January 11, 2009 at 11:42 AM , Anonymous ibognar said...

All gone. Even the uncirculated variety and the 080808 Prosperity.

This may just be repricing for tomorrow or they're actually unavailable. Who knows.

At January 11, 2009 at 3:15 PM , Anonymous Anonymous said...

Just checked and they are no longer available. Ordered 2 last night after reading this blog, and they are on 'backorder', but as you guarantee I will see them. Still have some W - Buffalo fractionals on backorder, and the dates keep getting moved back. Oh well, it's out of my hands. All you can do is order them and take a chance.

At January 11, 2009 at 9:26 PM , Anonymous Anonymous said...

I ordered 2 8808's as well and they are on backorder. I hope I see them!


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