Today, March 12, 2015 at 12:00 Noon ET, the United States Mint will begin accepting orders for the 2015 American Gold Eagle Proof Coins. As a change from prior years, there are no product limits or maximum mintages established.
The obverse design of the American Gold Eagle features Augustus Saint Gaudens’ classic depiction of Lady Liberty from the double eagle. Liberty appears in full length holding a lit torch and olive branch, moving confidently forward against the backdrop of the rays of the rising sun and the U. S. Capitol building. The inscriptions “Liberty” and the “2015” date appear with a ring of 50 stars surrounding.
The reverse design features Miley Busiek’s rendition of a family of eagles. The male eagle is shown carrying an olive branch to the female eagle and eaglets in their nest. The inscriptions include “United States of America”, “E Pluribus Unum”, “In God We Trust”, along with the precious metal weight and legal tender denomination.
The 2015 Proof American Gold Eagles are offered across four different sizes. These include 1 oz gold coins with a denomination of $50, 1/2 oz gold coins with a denomination of $25, 1/4 oz gold coins with a denomination of $10, and 1/10 oz gold coins with a denomination of $5. Each coin is available individually or as part of a four coin proof set.
As mentioned, the US Mint is offering this year’s coins without stated product or mintage limits and indicates that customer demand will determine the number of coins produced. In previous years, the US Mint had established specific limits for each product option, which also served to create maximum mintage levels for each coin. Last year the limits were 20,000 units for the individual 1 oz and 1/10 oz coins; 10,000 units each for the 1/2 oz and 1/4 oz coins; and 15,000 units for the four coin proof set.
The pricing for the 2015 Proof Gold Eagles has been established based on an average market gold price within the $1,150 to $1,999.99 range. Product pricing will vary throughout the course of the offering based on changes in the market price of gold. For the start of sales pricing is $170 for the 1/10 oz coin, $397.50 for the 1/4 oz coin, $770 for the 1/2 oz coin, $1,510 for the 1 oz coin, and $2,797.50 for the four coin proof set.
Over the past several years, sales and the corresponding mintage levels for the Proof Gold Eagles have fallen to historically low levels. In particular, the 2012 and 2013 dated issues had established some new lows for different denominations of the series in proof format. The last reported sales for the 2014-dated issues come in slightly above these levels, perhaps showing some signs of stabilization or rebound.