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 DEEP CAMEO PROOF PCGS PR69 DCAM $5 (1/10 OZ) COIN
$150.00 (1 Bid)
Time Remaining: 2d 16h 18m
2007-W $25 American Gold Proof Eagle One Half PCGS PR69DCAM FIRST STRIKE
Time Remaining: 18h 17m
Buy It Now for only: $775.00
2007 1/4 OZ GOLD AMERICAN EAGLE PCGS PR69 DCAM DIEHL MINT MINT DIR SERIES
Time Remaining: 27d 9h 48m
Buy It Now for only: $499.00
2007-W $5 American Gold Eagle PR70 Ultra Cameo NGC
Time Remaining: 22d 17h 22m
Buy It Now for only: $235.00
2007W $5 Proof Gold Eagle (1/10th ounce) ~ PCGS PR 69 DCAM First Strike
Time Remaining: 7d 10h 33m
Buy It Now for only: $214.00
2007 W $5 Proof American Gold Eagle PCGS PR70DCAM First Strike 1/10 oz Fine Gold
Time Remaining: 6d 17h 11m
Buy It Now for only: $610.00
2007-W $10 Quarter-Ounce Gold Eagle PR70 Deep Cameo PCGS
Time Remaining: 19d 22h 33m
Buy It Now for only: $439.52
2007-W Jefferson Liberty $10 Gold Eagle PCGS PR70DCAM
Time Remaining: 28d 12h 1m
Buy It Now for only: $1,215.00
2007-W $25 (1/2 oz) Proof Gold Eagle PCGS PR 70 PF 70 DCam First Strike
Time Remaining: 26d 11h 54m
Buy It Now for only: $1,172.00