July 24, 2024

US Mint to Offer 2010 Proof Gold Eagles

The United States Mint has officially announced the availability of 2010 Proof American Gold Eagle coins.

Although these are collector coins, their fate has become intertwined with the demand for bullion coins. The end of Gold and Silver Eagle rationing and the recent decline in bullion sales, no doubt helped clear the way for the collectible offering. Proof Gold Eagles had been canceled for 2009.

The US Mint will offer the full range of 2010 Proof Gold Eagles, including 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz coins. These will be available for sale individually or as part of a four coin set. The following product limits have been established for each offering:

Product Product Limit
1 oz. Coin 25,000
1/2 oz. Coin 15,000
1/4 oz. Coin 16,000
1/10 oz. Coin 27,000
4 Coin Set 39,000

If the US Mint manages to completely sell out of all options, that would represent 111,350 ounces of gold. Through the end of August, the average number of ounces sold through the American Gold Eagle bullion program was around 108,000 per month.

There is still no word on whether the US Mint will have the time and precious metals blank supplies to produce and offer 2010 Proof Silver Eagles.