After making minor adjustments to product limits for the past several years, the US Mint aggressively increased the limits for the 2007 Proof Gold Eagle products. With the highest limits in place, none of the products managed to sell out, although final sales totals were up across the board compared to the prior year.
The product limit for the individual one ounce coin was increased from 12,000 to 18,000. The increases for other individual options were from 10,000 to 15,000 for the half ounce, from 12,000 to 16,000 for the quarter ounce, and from 25,000 to 30,000 for the tenth ounce. Finally, the limit for the four coin proof set was increased from 27,000 to 35,000.
Sales for the 2007 Proof Gold Eagles began on February 5, 2007. The coins carried the same design with Saint Gaudens famous rendition of Liberty, which had previously been used for the double eagle, on the obverse and Miley Busiek's family of eagles on the reverse.
Initial pricing was established for each product option, but this would be changed during the year as the price of gold increased sharply. In order to adjust prices, the US Mint would have to temporarily suspend sales, publish new pricing information in the Federal Register, and then resume sales once the new pricing became effective.
During 2007, the price of gold started the year around $640 per ounce. In September, the price broke above the $700 level and rapidly ran up to $850 before a choppy period of pullbacks saw the price swing above and below the $800 level. Gold finished the year at $833.75 per ounce.
2007 Proof Gold Eagle Prices, Limits, and Sales
|Product||Initial Price||Product Limit||Mintage Limit||Final Sales|
|4 Coin Set||$1,449.95||35,000||N/A||25,331|
2007 Proof Gold Eagles For Sale
2007-W American Gold Eagle $10 Gold Proof Coin PCGS PR70DCAM
$449.00 (1 Bid)
Time Remaining: 12h 14m
2007-W American Gold Eagle $50 Gold Proof Coin PCGS PR70DCAM
Time Remaining: 10d 11h 48m
Buy It Now for only: $2,550.00
2007 W American Gold Eagle $5 PF70 PR70 Ultra Cameo 1/10 Ounce COIN Lot # GR35
Time Remaining: 2d 13h 18m
Buy It Now for only: $259.95
2007-W PCGS $25 Gold American Eagle 1/2oz Proof PR69 DCAM PR 69 Westpoint
Time Remaining: 2d 4h 36m
Buy It Now for only: $899.95
2007-W 4-coin Proof Gold American Eagle Set NGC PF-70 PR70 Early Releases
Time Remaining: 18d 2h 24m
Buy It Now for only: $3,999.00
2007 W American Gold Eagle $10 PF70 PR70 NGC Coin 1/4 oz
$374.00 (14 Bids)
Time Remaining: 1d 11h 33m
2007 W American Eagle $10 1/4oz Gold Coin PCGS PR69 DCAM
Time Remaining: 4d 12h 19m
Buy It Now for only: $450.00
COA 2007-W $50 Eagle PCGS PR69DCAM Deep Cameo Proof Gold coin West Point bullion
Time Remaining: 16d 18h 33m
Buy It Now for only: $1,999.88
2007-W $50 Eagle PCGS PR69 DCAM Deep Cameo Proof Gold coin West Point bullion
Time Remaining: 20d 6h 17m
Buy It Now for only: $1,657.80