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Wednesday, September 28, 2011

US Mint Collector Gold Coins Poised for Deeper Price Cuts

 

United States Mint Gold Collector Coins

Three of over a dozen U.S. Mint gold coins which are expected to have their prices reduced Wednesday.

Volatile precious metals have already affected one category of coins issued by the United States Mint. The bureau on Monday suspended numismatic silver products due to plunging silver prices.

And now, for a third straight week, the Mint on Wednesday is expected to implement price cuts on its collector gold coins due to plummeting gold prices. Since gold has fallen to such an extent, coin prices are likely to be cut deeper than normal.
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