American Silver Eagle Coin Sales Pass 24 Million

by admin on November 10, 2009

in Bullion Coin Sales

US Bullion Coins & SalesMore than two million American Silver Eagles were sold to US Mint authorized dealers within the last two weeks, pulling their 2009 sales above 23 million and now over 24 million.

The latest seven day figures have cooled slightly, but still rank as one of the better weeks of the year. 825,000 more left US Mint doors compared to the home run 1,314,000 figure from last week’s bullion report.

If the pace can be maintained, silver eagles would reach 30 million this year, breaking last year’s annual tally by some 10 million.

American Buffalo Gold coin sales were weaker by nearly one third. 11,000 more were sold versus the prior 30,000. The new 2009 total is at 127,500 — an impressive number given they were released only on Oct. 15 and then when considering 172,000 were sold in all of 2008.

Finally, demand for American Gold Eagles is still strong after coming of their 5th best October ever. 11,000 more were added in the last seven days.

Here are tables containing the most recent US Mint sales figures of bullion coins:

American Eagle Bullion Coin Sales Totals

 
Nov 2
Nov 9
Unit Difference
% Difference
Silver Eagle Sales 23,406,500 24,231,500 825,000 3.5%
Gold Buffalos 116,500 127,500 11,000 9.4%
Gold Eagle Sales 1,069,500 1,098,500 29,000 2.7%

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 2,939,000 116,500 115,500
November 825,000 11,000 29,000
Total* 24,231,500 127,500 1,098,500

 

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.

To keep up to date with the latest sales, see:

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