The US Mint has announced that the 2009 Ultra High Relief Double Eagle Gold Coin will go on sale at 12:00pm EST on Thursday, 1/22.
It’s unclear what demand for this coin will look like, given its price. (Likely $1200). This announcement reflects the new US Mint pricing strategy for precious metals – basically a premium over market price, in buckets. Still, gold coins continue to exhibit considerable demand, and this is an extremely flattering classicly-designed piece.
You can read more about the coin here on my blog, or here on the US Mint website.
Update (1/20/2009): Found this product page today on US Mint website. Price is $1189.00, and delivery might take 6-9 months! Limit one per household. Talk about delayed gratification.
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