Numismatic News has just published updated mintage figures for most of this year’s mint product offerings including the 2007 Burnished Gold and Silver Eagles. These are the collectible versions of the bullion coins, which bear the “W” mint mark. These coins are offered directly by the US Mint rather than through bullion dealers.
I have updated the mintage figures from a previous post, which compares the 2006 mintages to the 2007 mintages. Once again, figures are for the total across all product types, including last year’s 20th Anniversary Gold and Silver Eagle sets and the 4 coin Gold Eagle Sets.
|1 oz gold||49,975||16,707|
|1/2 oz gold||18,850||8,434|
|1/4 oz gold||19,925||9,578|
|1/10 oz gold||25,650||18,951|
|1 oz silver||496,200||518,366|
There are some interesting shifts in mintage. The most notable is the apparent decline in 1 oz Gold Eagles. This is mainly due to the large number included in the 2006 20th Anniversary Sets. The 1 oz Gold Eagle was included in a Gold and Silver Eagle set as well as the Gold Eagle Set. These contributed 30,000 coins to the total mintage.
Also notably, the 1 oz Silver Eagles appear to be only slightly above last year’s total. This year all of the 1 oz Silver Eagles were sold individually. Last year, they were included in the 20th Anniversary Gold and Silver Eagle set and Silver Eagle Set, contributing 270,000 to the mintage. Since the distribution was different, the coins may not see the large price increases experienced last year.
Best potential for investment still appear to be the 1/2 oz and 1/4 Gold Eagles. Gold watchers will also note the recent increase in the price of gold, which reduces the mint’s premium above the metal price.