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Tenth–Ounce Proof Gold Eagle Sells Out

June 27, 1997

Washington, D.C. — The U.S. Mint today announced the sellout of 15,000 tenth– ounce Proof Gold American Eagles in the nine weeks since the 1997 Proof Eagles went on sale. "The strong sales of the tenth–ounce proof Eagle show that our decision to strictly limit mintages of individual denominations is in sync with what our customers want," said Mint Director Philip N. Diehl. "We are seeing strong sales of the other denominations and the Four– Coin Set, so I want to encourage collectors to act now so they don't miss this year's edition. For example, already, more than half of the authorized mintages for the Four–Coin Set and the half– ounce Eagle have been sold." The Mint in early April announced dramatic reductions in the mintage for individual denominations and the Four–Coin Set of the 1997 Proof Gold American Eagle coins, which went on sale April 26. In addition, the Mint has limited quantities of the popular Four Coin Set to only 30,000. The maximum mintages for the remaining Proof Eagles on sale:

1997 Proof American Eagle Coins Individual Coin Limits
One ounce 10,000
½–ounce 8,000
¼–ounce 15,000
4–Coin Sets 30,000
Silver one ounce 495,000

Prices for the Proof Gold American Eagles remain $589 for the one– ounce, $299 for the half–ounce, $159 for the quarter–ounce, and $1,025 for the Four–Coin Set. The Proof Silver American Eagle one ounce coin remains $23.

Sales of proof gold Eagles will continue as long as supplies last but not beyond December 31,1997. Proof Silver Eagles will be sold while supplies last. The Mint reserves the right to limit quantities and to stop accepting orders. Coins may be delivered in multiple shipments at different times. To order Proof Gold and Silver American Eagles, please call ,b>1–800–USA MINT.

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