Gold
American Eagles Sales Suspended
By Numismatic News September 19, 2007
Sales of some 2007 gold American Eagles were
suspended by the U.S. Mint late Thursday, Sept. 13, due to
the rising price of gold bullion on international markets.
Uncirculated American Eagles with the "W"
mintmark went off sale with the expectation they would be
repriced and returned to the market on or after Sept. 27,
according to the U.S. Mint.
The $749.95 price for the one-ounce coin was
barely above the highs reached by gold bullion this week.
Also suspended were bulk sales of four-coin
sets of proof 2007 gold American Eagles. These sell at a discount
to bulk dealers. Sales of individual gold American Eagle proof
sets to collectors continue at the $1,499.95 price.
The Mint will honor all orders for which confirmations
have been received by bulk dealers.