The U.S. Mint kicked off 2016 with strong bullion sales in January, exceeding totals for the first month of 2015 in almost every category. Only Gold Buffaloes and 1/4 oz. American Gold Eagles failed to top last year’s figures for this period, but they still sold well enough to equal the 2015 figures for the month of January.
2016 Silver Eagles got a jump on what could be another record breaking year, posting 5,954,500 sales, up from 5,530,000 last year. Gold Eagles fared even better with 124,000 ounces sold, up from 81,000 during the same period in 2015 for an increase of 53%.
The following chart lists current U.S. Mint bullion offerings, with January 2016’s total coin sales included in the center column.
January 2016 US Mint Bullion Coin Sales
|January 2016||Total 2016|
|American Gold Eagle 1 oz||89,000||89,000|
|American Gold Eagle 1/2 oz||23,000||23,000|
|American Gold Eagle 1/4 oz||36,000||36,000|
|American Gold Eagle 1/10 oz||145,000||145,000|
|American Gold Buffalo 1 oz||34,500||34,500|
|American Silver Eagle 1 oz||5,954,500||5,954,500|
|America the Beautiful Silver 5 oz||n/a||n/a|
This year’s first America the Beautiful 5 oz. bullion coin, featuring Shawnee National Forest in Illinois, went on sale yesterday, February 1, but the Mint has yet to provide first day sales figures for the issue. The Mint also expects to release platinum bullion coins in 2016, though an on-sale date for the items has not been determined.
The U.S. Mint sells its bullion issues to a network of authorized buyers, who then make the coins available to the public. For more information on the Mint’s bullion program, please visit its Web site.