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U.S. Mint Gold Coin Prices Poised to Rise

The 1.2% rise in the gold spot price this week prompted a corresponding 1.2% rise in gold bullion coins, and the U.S. Mint has announced that gold’s rising value merits an increase in numismatic gold coins, too. U.S. Mint directors have dictated that prices for many collectible gold coins should rise starting Wednesday, June 11, as Wednesdays are the normal price-change day for U.S. Mint gold coins.

The U.S. Mint bases prices for its rare gold coins on the London Fix weekly average. Despite recent claims of fraud and price fixing the U.S. Mint had steadfastly defended its use of the London Fix, and last week’s gold price average saw gold trade in a range of $1,200.00 to $1,249.99 per ounce. Gold has since climbed another $14 and is currently trading at $1264.80 per ounce, thus prompting increases across the board at the U.S. Mint.

Nothing is written in stone until the Mint’s latest price sheet is released, but sources such as GoldCoin.net and Coin News believe one-ounce gold numismatic coins could rise $50 per ounce, while half-ounce versions of coins like the gold American Eagle Proof could go up as much as $25 each. Investors can obtain large-volume discounts on U.S. Mint numismatic gold coins, as well as free home delivery, by calling GoldCoin.net directly at 800-425-5672 today.

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