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Monday, October 03, 2011

US Mint Collector Platinum Eagle, Gold Coin Prices Lower

 

2011 American Eagle Platinum Proof Coin

The proof 2011 American Platinum Eagle and other collector gold coins had their prices cut by the U.S. Mint on Wednesday.

The United States Mint on Wednesday lowered prices on its collector gold coins and the Proof American Platinum Eagle due to lower prices in the precious metals market.

Gold coin prices were reduced for the same reason as the last two weeks, decreases in the yellow metal led to another drop on the Mint's price grid in accordance with its policy. The market price of bullion fell several times in the seven day period, which moved the London Fix weekly gold average two tiers lower in the price grid.
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