For the first time this year, 2009 Buffalo Gold Bullion Coins are now being sold by the US Mint and sales figures for their first couple of days are exceptionally strong.
The one-ounce Buffalos were released Thursday, Oct. 15. As of Monday, Oct. 19, a total of 71,500 have been sold. In those few days, more left US Mint inventory than the 63,500 American Gold Eagles sold since Oct. 1. Investors and collectors were obviously waiting for the 24-karat gold coins.
On the silver side equation, bullion Silver Eagles took off during the last seven days. 918,000 more were sold compared to the prior seven day tally of 350,000.
Here are tables containing the most recent US Mint sales figures of bullion coins:
American Eagle Bullion Coin Sales Totals
|
Oct 12
|
Oct 19
|
Unit Difference
|
% Difference
|
|
| Silver Eagle Sales |
21,074,500
|
21,992,500
|
918,000
|
4.4%
|
| Gold Buffalos | 0 | 71,500 | 71,500 | 100% |
| Gold Eagle Sales |
984,500
|
1,017,500
|
33,000
|
3.4%
|
US Mint Sales of Bullion Eagle Coins
| Silver Eagles | Gold Buffalos | Gold Eagles | |
| January | 1,900,000 | 0 | 92,000 |
| February | 2,125,000 | 0 | 113,500 |
| March | 3,132,000 | 0 | 136,500 |
| April | 2,518,000 | 0 | 147,500 |
| May | 1,904,000 | 0 | 65,000 |
| June | 2,245,000 | 0 | 116,000 |
| July | 2,810,000 | 0 | 86,000 |
| August | 2,130,000 | 0 | 82,000 |
| September | 1,703,000 | 0 | 115,500 |
| October | 1,505,000 | 71,500 | 63,500 |
| Total* | 21,992,500 | 71,500 | 1,017,500 |
*Figures as of Oct. 19. The US Mint sells bullion coins, which are the non collector versions, only to its authorized purchasers who then sell to dealers and/or directly to the public. With that, some give and take and delay should be placed into the equation for judging "today’s demand" for these coins when having only Mint numbers at hand.
For the prior report, read 2009 Buffalo Gold, Fractional Gold Eagles Bullion Coins Coming. For links to the latest sales figures for US Mint collector coins, follow Collector Coin Sales.