The United States Mint has made adjustments to its pricing grid for numismatic products involving gold, platinum, and palladium, in response to the recent upward trend in spot prices for these precious metals. This modification is in preparation for the launch of the Proof 2024 230th Anniversary Flowing Hair, High Relief gold dollar. The revised pricing grid, published in the Federal Register on Oct. 28, outlines the spot price ranges for the Mint’s gold, platinum, and palladium coin offerings.

The retail price for the upcoming gold dollar is set to be determined by the Mint on Nov. 13, a day before its limited release at noon Eastern Time. The pricing grid functions as a structured spreadsheet where specific retail prices are assigned to different spot price average ranges for each relevant coin category. These prices are subject to weekly adjustments based on recent market price averages for the metals.

The updated pricing grid impacts various coins, including Proof and Uncirculated American Eagle and American Buffalo gold coins, as well as Proof or Uncirculated American Eagle platinum and palladium coins. Additionally, it affects American Liberty gold coins, Proof and Uncirculated First Spouse gold coins, Liberty and Britannia gold coins, and Proof and Uncirculated commemorative gold $5 coins.

The Mint’s move reflects the dynamic nature of the precious metals market and aims to ensure that retail prices for its numismatic products remain aligned with market conditions. This adjustment underscores the Mint’s commitment to transparency and responsiveness to market fluctuations in the pricing of its bullion products. Investors and collectors alike will be closely monitoring these developments as they navigate the evolving landscape of palladium bullion pricing.