The 2007 Gold Eagle (Buy on eBay) experienced a very sharp decrease in mintage compared to the prior several years. The one ounce and one-quarter ounce bullion coins had the lowest mintage for bullion coins of the same denomination for the entire series. The one-half and one-tenth ounce bullion coins marked their lowest levels in ten years or more.
Besides the bullion coins, the United States Mint offered two different collectible versions of the coin. The 2007 Proof Gold Eagle (Buy on eBay) coins were offered beginning on February 5, 2007. These coins were specially produced to have a cameo proof finish with frosted raised elements and mirrored background fields. Individual 1 oz, 1/2 oz, 1/4 oz, or 1/10 oz coins were available in addition to a complete 4 coin set. Different maximums were established for each product option.
Later in the year on April 27, 2007, the U.S. Mint began sales of the second collectible offering. The 2007-W Uncirculated Gold Eagle (Buy on eBay) coins were struck on specially burnished blanks and carried the “W” mint mark. Coins were available across the same array of individual options as well as a 4 coin set, but there were no specified product or mintage limits.
Prices for each of the collectible Gold Eagles were established at higher levels than the previous year due to the increased value of gold. In October, sales of the individual coins and sets were temporarily suspended in order to adjust prices higher.
During 2007, the price of gold rose from $639.75 to close the year at $833.75. Most of the gains came towards the second half of the year. The strong performance continued gold’s uninterrupted string of annual gains.
2007 Gold Eagle Specifications
Mint Mark: none (bullion), W (proof and uncirculated)
Composition: 91.67% gold, 3% silver, 5.33% copper
Weight ($25 Coin): 0.5454 troy oz (16.965 grams)
Diameter ($25 Coin): 1.063 inches (27.0 mm)
Thickness ($25 Coin): 0.085 inches (2.15 mm)
Designers: Augustus Saint-Gaudens (obverse), Miley Busiek (reverse)
2007 Gold Eagle Mintage
Bullion Mintage: 140,016 (1 oz), 47,002 (1/2 oz), 34,004 (1/4 oz), 190,010 (1/10 oz)
Proof Mintage: 51,810 (1 oz), 44,025 (1/2 oz), 46,189 (1/4 oz), 58,553 (1/10 oz)
Burnished Mintage: 18,066 (1 oz), 11,455 (1/2 oz), 12,766 (1/4 oz), 22,501 (1/10 oz)