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Thursday, January 14, 2010
Ultra High Relief Double Eagle Gold Coin Mintage
The final sales figure for the 2009 Ultra High Relief Double Eagle Gold Coin is being reported as 115,178 by Numismatic News.
This number is 3,113 higher than the number reported on the last available sales report from December 27, 2009. This indicates that there was a small surge in last minute orders during the final days of availability. In the preceding three one-week periods, the coins had recorded sales of 587, 1,887, and 1,384.
Before the coin went on sale, the unlimited mintage represented somewhat of an uncertainty and a possible draw back. After several weeks of heavy ordering, sales settled into a steady pace amidst a few bumps higher, which coincided with increases in the household ordering limit.
Overall, the pace of sales remained relatively moderate. The initial ordering limit of one per household kept a restraint on sales at a time when excitement about the offering was highest. When limits were raised and eventually lifted, prices were higher and some of the excitement had faded.
In my opinion, for a single year issue of a very unique offering, this mintage at this level is at a reasonable level to support continued premiums.
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