Ultra High Relief Double Eagle Released Today

Ultra High Relief GoldAlthough there has been no official press release from the US Mint, the 2009 Ultra High Relief Double Eagle gold coin is scheduled for release today January 22, 2009 at 12:00 Noon ET.

Many are predicting huge demand for the coin, which will definitely cause long telephone order hold time waits and might slow down the US Mint’s website.

There is some information recently made available about ordering the coin. The price should be $1,189.00 per coin. This works out to a somewhat high premium of about $350 per coin.

The US Mint will be imposing a household limit of one. This limit will be in effect from the start of sales, but will be evaluated on a weekly basis.

The US Mint seems to be experiencing problems obtaining sufficient gold blanks to produce the coins. They are asking customers to prepare for a potential six to nine month wait for delivery!


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