The United States Mint recorded another month of strong sales for its gold and silver bullion coin products. During October 2009, the US Mint sold one ounce American Silver Eagles, one ounce American Gold Eagles, and from October 15, 2009 offered one ounce American Gold Buffalo coins. The addition of the Gold Buffalo offering pushed overall gold bullion sales to their highest level of the year.
The table below presents United States Mint bullion sales figures for the month of October 2009. The first number column is the total for the month, and the second number column is the total year to date. Note that these are bullion coin sales, see the separate report for the US Mint’s numismatic product sales.
|October 2009||2009 YTD|
|American Gold Eagle 1 oz||115,500||1,069,500|
|American Gold Eagle 1/2 oz||–||–|
|American Gold Eagle 1/4 oz||–||–|
|American Gold Eagle 1/10 oz||–||–|
|American Silver Eagle 1 oz||2,939,000||23,406,500|
|American Gold Buffalo 1 oz||116,500||116,500|
The US Mint sold a total of 232,000 ounces of gold across the two gold bullion offerings. This was comprised of 115,500 of the one ounce Gold Eagle and 116,500 of the one ounce Gold Buffalo. The 2009 American Gold Buffalo has been available since October 15, 2009. Pent up demand for this popular 24 karat gold coin contributed to a flood of opening sales. Last year, the US Mint sold 172,000 of the 2008 Gold Buffalo bullion coins for the entire year, amidst some suspensions.
Nearly 3 million one ounce Silver Eagle bullion coins were sold. This month represents the second highest monthly sales total for the year, behind March 2009 when 3,132,000 coins were sold. Notably, the year to date sales figures already places the 2009 Silver Eagle bullion coin in record sales territory. The previous record annual sales of 19,583,500 was reached in 2008.