A rise in the market price of gold had an impact on the 2003 Proof Gold Eagle offerings. For the first time in five years, prices of the individual and four coin set were adjusted.
The prices in effect for the proof Gold Eagles had previously been established in 1998. At this time product prices had been slightly decreased from previous levels to account for a decline in the market price of gold. Prior to this, prices had also been adjusted in 1987 and 1990. These two occasions had been price increases.
Sales of the 2003 Proof Gold Eagles began at the US Mint on May 13, 2003. A quick sell out was achieved for the individual one ounce option, with the entire maximum product limit of 8,000 ordered by customers by July 6, 2003. Remaining options sold relatively quickly throughout the remainder of the year. The individual one-half ounce coin ultimately recorded sales of 7,758, the individual one-quarter ounce reached 9,780, and the one-tenth ounce coin reached 19,515.
The four coin set option, which contained the one ounce coin and other options that had sold out individually, remained available until the end of the year. The US Mint ceased accepting orders on December 31, 2003. The multi-coin option ultimately sold 20,512 units out of the maximum 21,000 product limit established.
By the end of the year, the price of gold had reached $416.25 per ounce. As precious metals prices continued to rise in the coming years, it would continue to have a significant impact on pricing and ordering patterns for the annual proof gold Eagle.
2003 Proof Gold Eagle Prices, Limits, and Sales
|Product||Initial Price||Product Limit||Mintage Limit||Final Sales|
|4 Coin Set||$1,098.00||21,000||N/A||20,512|
2003 Proof Gold Eagles For Sale
2003-W PCGS PR69DCAM $50 Gold American Eagle 1 Ounce
Time Remaining: 29d 22m
Buy It Now for only: $1,749.49
2003-W PCGS PR69DCAM $10 Gold Eagle 1/4 Ounce
Time Remaining: 29d 38m
Buy It Now for only: $549.49
2003-W PCGS PR69DCAM $5 Gold Eagle 1/10 Ounce
Time Remaining: 29d 34m
Buy It Now for only: $274.95
2003-W PCGS PR69DCAM $25 Gold American Eagle 1/2 Ounce
Time Remaining: 29d 14m
Buy It Now for only: $888.88
2003-W $25 (1/2 oz) Proof Gold Eagle PCGS PR70 PF 70 DCam
Time Remaining: 8h 57m
Buy It Now for only: $999.00
2003-W PCGS PR70 DCAM $5 GOLD American EAGLE 1/10 Ounce gold PF West Point Proof
Time Remaining: 11d 14h 45m
Buy It Now for only: $429.00
2003-W $50 1 oz Proof Gold Eagle PCGS PR69DCAM**L@@K***L@@@K**
Time Remaining: 10d 19h 14m
Buy It Now for only: $1,600.00
2003-W PCGS PR70 DCAM $10 GOLD American EAGLE 1/4 Ounce gold PF West Point Proof
Time Remaining: 11d 12h 2m
Buy It Now for only: $749.00
2003-W PCGS PR70 DCAM $50 GOLD American EAGLE 1 Ounce gold PF West Point Proof
Time Remaining: 13d 11h 46m
Buy It Now for only: $2,199.00