Sales of the United States Mint’s American Gold and Silver Eagle bullion coins reached their second highest monthly totals for the year. Higher monthly totals were only experienced in January, which is traditionally the strongest month for the offerings.
For the month of September 2012, the United States Mint recorded sales of 3,255,000 of the one ounce American Silver Eagle bullion coins. This was up by 13.41% from the prior month and represented the second consecutive month to experience an increase in sales. The latest total does remain below the year ago level when 4,460,500 coins were sold in the month of September 2011.
Sales of the American Gold Eagle bullion coins across the four different weight options reached 68,500 troy ounces, with the one ounce size coins accounting for most of the total. This represents an increase of 75.64% from the prior month and the second consecutive month of increase. However, once again the latest monthly total falls below the level of the year ago period, which was 91,000 troy ounces.
September 2012 US Mint Bullion Coin Sales
|September 2012||YTD 2012|
|American Gold Eagle 1 oz||63,000||410,500|
|American Gold Eagle 1/2 oz||2,000||61,000|
|American Gold Eagle 1/4 oz||4,000||62,000|
|American Gold Eagle 1/10 oz||35,000||250,000|
|American Gold Buffalo 1 oz||8,500||96,500|
|American Silver Eagle 1 oz||3,255,000||25,795,000|
|America the Beautiful Silver 5 oz||25,500||74,300|
During the month, the US Mint also recorded sales of 8,500 of the one ounce 24 karat Gold Buffalo bullion coins, bringing year to date sales to 96,500 pieces.
The America the Beautiful Five Ounce Silver Bullion Coins saw their highest monthly sales total of the year at 25,500 coins, representing 127,500 troy ounces of precious metal content. The release of the latest design featuring Hawaii Volcanoes National Park provided a boost with 10,400 pieces sold since the release on September 10, 2012.
For the year to date, ATB 5 oz. Silver Coin sales include 10,800 of the 2011-dated designs, 17,900 for the El Yunque National Forest design, 17,200 for Chaco Culture, 18,000 for Acadia National Park, and 10,400 for Hawaii Volcanoes. The fifth and final design featuring Denali National Park is scheduled for release on October 22, 2012.