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Friday, January 9, 2009

2008 Proof Gold Eagles Sold Out


As of yesterday, all options for the 2008 Proof American Gold Eagles have sold out at the US Mint. This includes individual 1 oz, 1/2 oz, 1/4 oz, 1/10 oz coins and the 4 Coin Set.

Over the past few weeks, the 2008 Proof Gold Eagles have steadily disappeared from the US Mint's website. It seemed that every few days another option would slip into back order status or sell out. The first options to go were the 1 ounce coin and 4 Coin Set. The 1/2 ounce coin and 1/4 ounce coin followed, with the 1/10 ounce coin the last to sell out.

The US Mint sales figures published January 5 by Numismaster show low sales figures which should translate into low final coin mintages. The first column displays the sales per individual ordering option and the second column displays the total per coin (individual sales plus 4 Coin Set sales).


2008 Proof Gold Eagle Sales Figures

Individual Total
1 oz 16,327 25,896
1/2 oz 10,887 20,456
1/4 oz 6,073 15,642
1/10 oz 10,897 20,466
4 Coin Set 9,569

These numbers are quite low for Proof Gold Eagles. By comparison, the last reported sales figures for the 2007 Gold Eagles show amounts more than double the 2008 figures above. Looking back over the entire Proof Gold Eagle series, the only numbers I see around these low levels are for the 1997 and 1998 coins.

As the proof versions sold out, the 2008-W Uncirculated Gold Eagles slipped into back order status. Sales figures are also at very low levels. With the exception of the 1/2 ounce coin, the sales figures for 2007-W Unc Gold Eagles were more than double the amounts below. As with the proof coins, these numbers can still increase, but things are certainly looking interesting.

2008-W Unc Gold Eagle Sales Figures

Individual Total
1 oz 5,727 8,073
1/2 oz 1,783 8,995*
1/4 oz 2,911 5,257
1/10 oz 7,261 9,607
4 Coin Set 2,346

*includes sales figures for Double Prosperity Set

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