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 $50 American Gold Eagle 1 oz PCGS PR70DCAM Proof Deep Cameo
Time Remaining: 29d 14h 54m
Buy It Now for only: $1,789.00
2007-W PCGS PR70 DCAM $50 GOLD American EAGLE 1 Ounce gold PF West Point Proof
Time Remaining: 20d 14h 7m
Buy It Now for only: $1,808.13
2007-W NGC PF70 UCAM $25 PROOF GOLD EAGLE 1/2 Ounce PR Ultra Cameo West Point
Time Remaining: 12d 12h 21m
Buy It Now for only: $994.07
2007-W PCGS PR70 DCAM $25 PROOF GOLD EAGLE 1/2 Ounce Gold PF West Point
Time Remaining: 20d 15h 36m
Buy It Now for only: $1,049.00
2007-W $50 Gold Eagle PR70 DCAM PCGS
Time Remaining: 12d 11h 14m
Buy It Now for only: $1,900.00
2007-W American Gold Eagle Proof 4-pc Year Set - PCGS PR70 DCAM St Gaudens Label
Time Remaining: 26d 17h 33m
Buy It Now for only: $3,595.00
2007-W $10 AMERICAN GOLD EAGLE PCGS PR 69 DCAM MICHAEL REAGAN SIGNATUR7
Time Remaining: 2d 14h 13m
Buy It Now for only: $1,205.00
2007-W NGC PF70 UCAM $5 PROOF GOLD EAGLE 1/10 Ounce PR Ultra Cameo West Point
Time Remaining: 12d 12h 29m
Buy It Now for only: $329.00
2007-W $10 US Gold Eagle PCGS PR69 DCAM First Strike
Time Remaining: 26d 18h 27m
Buy It Now for only: $1,599.00