2013-W Proof American Gold Eagles Released at U.S. Mint
Posted by Brian Ford on April 19, 2013
The 2013-W Proof American Gold Eagles initiated sales on April 18, 2013 with availability in four sizes and a four-coin set.
The U.S. Mint offers the proof editions of the American Gold Eagles coins as a collectible, numismatic edition of the popular bullion. Proof editions were offered in the first year of the coin’s availability in 1986. In 2006, the U.S. Mint also began offering an uncirculated American Gold Eagle Coin.
All three versions of the very popular coin feature the same basic obverse and reverse designs, featuring Augustus Saint-Gaudens’ Liberty design originally commissioned by President Theodore Roosevelt. President Roosevelt sought to beautify American coinage and suggested Saint-Gaudens, a preeminent sculptor of the time.
The proof editions of the coins feature a W mintmark, denoting they were struck at the Mint at West Point. The reverse features the popular design by MileyBusiek, which depicts a family of eagles.
2013-W Proof American Eagles carry a relatively low mintage rate, authorized by Congress, with a 40,000 coin limit for the one-ounce size, 30,000 for the one-half and one-quarter ounce denominations, as well as 40,000 for the one-tenth ounce denomination.
The 2013-W Proof American Eagle Silver Coin was released to authorized distributors of the U.S. Mint on January 24, 2013. According to official Mint figures, last year’s sales of the American Silver Eagle reached 819,217 ounces after being launched on April 12, 2012 and selling out on November 13, 2012.
The Proof American Eagle Silver Coin was also initiated in 1986, though in 2009 the U.S. Mint canceled sales of the edition in order to fulfill demand for the American Eagle Silver Bullion Coin, rerouting the silver for the bullion edition. The following year, the Proof editions were again available.
The U.S. Mint schedules the debut of its many products, including its numismatic products, throughout the calendar year in order to stimulate sales. Multiple coins are minted to demand, but typically numismatic coinage, by its very nature, has a limited mintage, which increases the individual coin’s value on secondary markets. The fewer editions of a coin available, the greater the coin’s value to numismatic collectors.
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gold coins, gold market, gold price, Proof American Gold Eagle, Proof coins, Saint Gaudens, U S Mint
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