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Wednesday, April 11, 2012

US Mint Commemorative, Gold Coin Price Reductions Expected

 

2012 Star-Spangled Banner $5 Gold Commemorative Coins

U.S. Mint numismatic gold coins, including these Star-Spangled Banner commemoratives, are set to have their prices cut Wednesday.

Commemorative gold and other numismatic gold coins from the United States Mint are poised for price cuts Wednesday, April 11, based on the bureau's pricing policy and the latest direction of the precious metals market.

While the U.S. Mint was using a price bracket of London gold from $1,650.00 to $1,699.99 an ounce, the yellow metal's weekly average plunged to $1,635 an ounce on Tuesday, thanks in part to a shortened week due to the Easter holiday.
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