Silver

As of February 15, 2017, the U.S. Mint’s authorized purchasers (APs) have bought 5,687,500 American Eagle silver bullion coins, with a net sales figure of 310,000 coins over the course of the past week. This is a boost of 60,000 over the previous week’s figure of 250,000 ASE coins sold.

The Mint has not posted an update to last week’s totals for the 2017 America the Beautiful Effigy Mounds National Monument 5-ounce bullion coin. Their figure remains at 17,700 units to date, for a total of 88,500 ounces of silver. Effigy Mounds is the first ATB design released this year, and the 36th in the series. The record for 5-ounce bullion coins for the ATB program was set in 2011, when 465,100 coins were sold. 2016 ranks second, with 286,000 coins sold.

Net amount of all silver bullion (ASE and ATB) reported sold by the Mint—

• last week: 310,000 oz.
• in 2017: 5,776,000 oz.

The value of an ounce of silver is up 28 cents from this time last week, to $17.88, according to the London Bullion Market Association. Silver’s average last week, Monday through Friday, was $17.66 per ounce, up 26 cents from the previous week’s average of $17.40.

The 2018 Red Books are available for pre-order! Click here to see the hardcover, spiral-bound, wire-o, and large-print editions.

Gold

During the past week, the Mint reported sales of 13,500 ounces of American Eagle gold bullion coins, up from 5,500 ounces the previous week. (Note that no sales have been reported for 1/4-ounce AGE’s for the past two weeks.) All told, AGE coins have sold 136,500 ounces in 2017. American Buffalo 1-ounce gold bullion coins sold 6,500 units last week, up from 5,000 the previous week; this brings the 2017 total for the category to 43,500 ounces.

Net amount of all gold bullion (AGE and AGB) sold by the Mint—

• last week: 20,000 oz.
• in 2017: 180,000 oz.

The value of an ounce of gold has dropped by $5.85 from this time last week, to $1,225.15. Gold’s average last week, Monday through Friday, was $1,231.19, up from the previous week’s average of $1,207.15.

Platinum

The sales total for the 2017 American Eagle one-ounce platinum bullion coins is 20,000 units. Platinum is down $3.00 compared to this time last week, when it was priced at $1,007.00 per ounce; platinum is now at $1,004.00 per ounce. The metal’s average last week, Monday through Friday, was $1,009.40, up from the previous week’s $991.40.   ❑


Share: