July 24, 2014

American Gold Eagle Bullion Sales Reach Highest Monthly Total Since July 2010

The United States Mint’s American Gold and Silver Eagle bullion coins achieved another month of strong sales. Monthly sales levels for each of the popular programs were more than double compared to the year ago period. The monthly total for Gold Eagles was the highest since July 2010.

For each month from January  to September 2012, Gold and Silver Eagle bullion coins had recorded lower monthly sales compared to the year ago period. The losing streak was finally broken in October, which has now been followed by an even stronger month in November.

For November 2012, sales of the American Gold Eagle bullion coins accounted for 136,500 troy ounces, with the majority of sales occurring for the one ounce size. This is up by 233% compared to the total sales of 41,000 ounces in November 2011. The latest monthly total is also up a substantial 131% from the prior month when 59,000 ounces were sold.

Despite the recent strength, annual sales are still lagging. Year to date sales for Gold Eagles have reached 677,000, which compares to prior year total sales of 1,000,000 ounces.

November 2012 US Mint Bullion Coin Sales

November 2012 YTD 2012
American Gold Eagle 1 oz 129,500 594,000
American Gold Eagle 1/2 oz 5,000 68,000
American Gold Eagle 1/4 oz 4,000 70,000
American Gold Eagle 1/10 oz 35,000 315,000
American Gold Buffalo 1 oz 16,500 124,000
American Silver Eagle 1 oz 3,159,500 32,107,500
America the Beautiful Silver 5 oz 19,700 116,100

American Silver Eagle bullion coin sales reached 3,159,500 troy ounces in November 2012. This is up by 128% from the 1,384,000 ounces sold in November 2011. The latest monthly total also narrowly exceeds sales from the prior month, which had reached 3,153,000 ounces.

Year to date Silver Eagle sales are now at 32,107,500 ounces. For all of 2011, the US Mint had recorded sales of 39,868,500 coins.

Other bullion offerings from the United States Mint include the 24 karat one ounce American Gold Buffalo Coins, which sold 16,500 during the month. This brings year to date sales to 124,000.

The America the Beautiful Five Ounce Silver Bullion Coins recorded sales of 19,700 units during the month, accounting for 98,500 troy ounces of silver.

For the year to date, ATB silver bullion program sales include 10,800 of the 2011-dated coins, 19,900 of the 2012 El Yunque National Forest coins, 20,000 of the Chaco Culture National Historical Pare coins, 25,400 of the Acadia National Park coins, 20,000 of the Hawai’i Volcanoes coins, and 20,000 of the Denali National Park coins.

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