Comparing 2012 vs. 2013 Numismatic Gold Eagle Sales | Silver Coins

Comparing 2012 vs. 2013 Numismatic Gold Eagle Sales

2013-W Gold EagleAmidst lower precious metals costs, some of the US Mint&#8217s numismatic gold item offerings have been exhibiting stronger sales trends. In distinct, the 2013 American Gold Eagle numismatic product offerings are tracking ahead of the respective offerings from 2012.

In the course of the sharp rise in gold costs over the previous few years, numismatic sales for a lot of gold items had been below stress as some collectors had been presumably priced out of the offerings. For numerous extended standing collector favorites, sales levels declined year right after year, culminating in historically low mintages. In certain, the 2012-W Uncirculated Gold Eagle sold out with final reported sales of just 6,118, which would represent the lowest mintage of the series across all bullion and numismatic troubles. The 2012-W Proof Gold Eagles each established a new mintage low for the respective denomination in proof format.

Following the recent declines in valuable metals costs, sales for some numismatic gold merchandise look to be experiencing a rebound. The reduce pricing may possibly be enticing some collectors who have been on the sidelines in prior years or encouraging existing collectors to increase their purchases at far more favorable costs. A comparable phenomenon has been observed with regards to bullion sales. At mid-year, Gold Eagle bullion sales are practically double the level of the prior year.

For this post, I wanted to take a comparative appear at the sales levels for the 2012 and 2013 Proof and Uncirculated Gold Eagle item offerings at a comparable point in the respective sales cycles.

The 1st table under shows sales figures for every single Proof Gold Eagle alternative following roughly two and a half months of availability. Especially, the 2012 proofs reflect sales from the release on April 19, 2012 until the sales report reflecting information via July 2, 2012. The 2012 proofs reflect sales from the release on April 18, 2013 until the sales report reflecting information even though June 30, 2013.

Comparing Proof Gold Eagle Sales Figures

1 ounce4,9399,046+83.15%
One-half ounce1,2571,544+22.83%
A single-quarter ounce1,535two,175+41.69%
One-tenth ouncefive,0757,445+46.70%
4-coin settwo,959four,671+57.86%

As can be observed, across a comparable time frame sales for the 2013 merchandise are running effectively ahead of the prior. The biggest increases are observed for the highest priced possibilities, the person a single ounce and four coin set.

A comparison of the 2012-W and 2013-W Uncirculated Gold Eagles is a bit significantly less significant because the products had differing release dates across the two years and the present release has only been offered for significantly less than a month. The sales figures shown beneath reflect roughly 3 and a half weeks of availability. For the 2012-W, sales are from the initial release on June 28, 2012 until the sales report reflecting information through July 23, 2012. For the 2013-W, sales are from the release on June six, 2013 via the just released sales report reflecting data by means of June 30, 2013.

Comparing Uncirculated Gold Eagle Sales Figures

1 Ounce3,8954,311ten.68%

As can be noticed, after once again the data shows an improve, despite the fact that it is a smaller a single. Since the sales period reflects only a restricted period, it is a lot more challenging to draw any broad conclusions about this certain offering.

In any case, the seemingly stronger sales for the US Mint&#8217s numismatic American Gold Eagle offerings is a trend worth following. So far, the low mintage levels for the 2012-W Proof and Uncirculated Gold Eagles haven&#8217t seemed to create substantial interest from collectors. As pointed out in some prior posts, these recent mintage lows seem to have carried less of an impression probably due to the expectation that every subsequent year will undercut the earlier low. If this trend ultimately breaks, some new essential dates may possibly be far more firmly established within the modern day precious metals series.

Gold and Platinum Numismatic Value Decrease Achievable

Primarily based on the available data, another value decrease for the US Mint&#8217s gold and platinum numismatic merchandise may possibly be possible for tomorrow. Nonetheless, any pricing adjust will remain dependent on the Wednesday PM costs for every single metal.

In basic, pricing alterations for gold and platinum numismatic goods take spot when the calculated average weekly prices moves into a higher or reduced tier. Even so, as a secondary criteria, the Wednesday PM London Repair value should agree directionally with any alter.

If the Wednesday PM price tag of gold is under $ 1,250, then a one tier price tag reduce would take location. Products impacted would contain the 2012 Very first Spouse Gold Coins, 2013 commemorative gold coins, 2013 Proof Gold Eagles, 2013 Proof Gold Buffalo, and 2013-W Uncirculated Gold Eagle. Prices would be decreased proportionally by $ 50 for each and every ounce of gold content. If the Wednesday PM price is $ 1,250 or greater, then no price tag change would take spot.

Likewise, if the Wednesday PM value of platinum is beneath $ 1,350, then a a single tier price tag reduce would take location for the 2012 Proof Platinum Eagle. If the price is $ 1,350 or higher, then no value modify would take place.

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