The 2004 Proof Gold Eagle was made available to collectors on May 24, 2004. Adjustments were made to the pricing and production limits, as a result of the continued rise in the price of gold.
Since bottoming in early 2001, the market price of gold had risen from just over $250 per ounce to more than $400 per ounce. This rise would only account for the initial portion of what would be a much longer term bull market for gold and other precious metals. Since the American Gold Eagle proof coins were valued predominantly on their gold content, the US Mint's prices would increase accordingly.
The one ounce 2004 Proof Gold Eagle was priced at $675. This compared to a price of $550 in effect for the 1986 Proof Gold Eagle, $585 for the 1987 to 1989 dated coins, $570 for 1990 to 1995 dated coins, $589 for 1996 to 1997 dated, $570 for 1998 to 2002 coins, and $630 for the prior year 2003-dated coins. Pricing for individual fractional options and the combined four coin set showed similar fluctuations over the course of the series.
For the present year, the product limits were adjusted slightly from the prior year. The limit for the individual one ounce and quarter ounce coins was increased by 1,000 units. The limit for the four coin set was increased by 4,000 units.
Ultimately, product sales remained around the same levels that had been achieved in the prior year despite the pricing and limit adjustments.
2004 Proof Gold Eagle Prices, Limits, and Sales
|Product||Initial Price||Product Limit||Mintage Limit||Final Sales|
|4 Coin Set||$1,175.00||25,000||N/A||19,495|
2004 Proof Gold Eagles For Sale
PERFECT! A SPARKLER! 2004-W PCGS Certified PR 70 Gold $10 US Eagle 1/4th Oz.
$379.99 (1 Bid)
Time Remaining: 19h 23m
2004-W $50 Eagle PCGS PR70 DCAM Perfect Deep Cameo American Gold Bullion Proof
Time Remaining: 11d 18h 47m
Buy It Now for only: $2,037.84
2004-W $25 GOLD EAGLE 1/2 Oz. NGC PF70 PROOF ULTRA CAMEO PR70
Time Remaining: 27d 8h 17m
Buy It Now for only: $1,063.75
2004-W 1/10 oz Proof Gold American Eagle Coin - PR-69 PCGS - SKU #14348
Time Remaining: 11d 16h 20m
Buy It Now for only: $179.39
2004-W $50 1 oz Proof Gold Eagle PCGS PR69DCAM**L@@K***L@@@K**
Time Remaining: 6d 21h 43m
Buy It Now for only: $1,520.00
2004-W PCGS $50 American Eagle, 1oz. Fine Gold, PCGS PR 69 D-CAMEO PROOF
$1,325.50 (17 Bids)
Time Remaining: 1d 22h 5m
2004-W $25 (1/2 oz) Proof Gold Eagle PCGS PR70 PF 70 DCam
Time Remaining: 17d 9h 37m
Buy It Now for only: $1,094.00
2004-W $5 Gold Eagle PCGS PR70DCAM Perfect Grade - RARE
Time Remaining: 22d 16h 11m
Buy It Now for only: $800.00
2004-W $25 (1/2 oz) Proof Gold Eagle NGC PF 70 PR 70 Ultra Cameo
Time Remaining: 2d 16h 46m
Buy It Now for only: $1,035.00