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Wednesday, February 29, 2012

Expect to Pay More for American Eagles and Star-Spangled Banner Products

 

2011 Proof American Platinum Eagle

The 2011-W Proof Platinum Eagle is one of the U.S. Mint products that is likely to see a higher price

A series of price increases is expected Wednesday for numismatic American Eagles and First Spouse Gold Coins, per recent trends of precious metals on the London Fix. For the same reason, Star-Spangled Banner products released next Monday are likely to cost a bit more than anticipated.

Each week on Wednesday morning, prices are re-evaluated for United States Mint coins composed of gold and platinum. The price on the proof Platinum Eagle and numismatic gold coins has remained the same for four straight weeks. But precious metals have swung sharply higher in recent days, and coin prices should shoot up as a result.
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