Proof Gold Eagles Cancelled in 2009.
On October 8, 2009, the U.S. Mint announced that no 2009 Proof Gold Eagles would be minted. This included 1 oz, 1/2 oz, 1/4 oz, 1/10 oz coins, and the 4 Coin Set. In their statement, the U.S. Mint stated that because their major responsibility is to meet the demand for bullion, no gold blanks could be allocated to mint Proof Gold American Eagles.
However, in September, 2010, the U.S. Mint announced that 111,000 ounces of 2010 Proof Gold American Eagles were about to be released on October 7, 2010, in various denominations. Market prices have softened since the announcement, which makes this an excellent opportunity to open or to add to your existing Precious Metals IRA.
