The latest US Mint sales figures reveal American Eagle Gold and Silver bullion coin demand has soared during the last several days.
The Mint’s authorized dealers ordered nearly 1 million silver eagles and over 50,000 gold eagles since Monday, June 8. That is an increase of 8.1 percent and 9.1 percent, respectively.
377,000 silver eagles were purchased during the first eight days in June. By last Wednesday (two days later) the tally more than doubled to 777,000 sold. The figure then jumped to 930,000 on Thursday and ended at 1,345,000 on Monday. The current pace will eclipse the 1.9 million eagles sold in May.
Gold eagles had their own weekly rally. On Monday, June 8, a total of 15,500 had sold for the month. The number jumped to 43,000 on Thursday and then to 67,500 by Monday.
As always and for our weekly "disclaimer," given that the US Mint sells bullion coins only to authorized purchases who then sell to dealers or directly to the public, some give and take and delay should be placed into the equation for judging “today’s demand” when having only Mint numbers at hand.
Here are tables containing the most recent Mint sales figures for bullion coins:
Latest Two Weeks Bullion Coin Sales Totals
June 8
|
June 15
|
Unit Difference
|
% Difference
|
|
Silver Eagle Sales |
11,956,500
|
12,924,500
|
968,000
|
8.1%
|
Gold Eagle Sales |
570,000
|
622,000
|
52,000
|
9.1%
|
2009 American Eagle Bullion Coin Sales by Month
Silver Eagles | Gold Eagles | |
January | 1,900,000 | 92,000 |
February | 2,125,000 | 113,500 |
March | 3,132,000 | 136,500 |
April | 2,518,000 | 147,500 |
May | 1,904,000 | 65,000 |
June | 1,345,000 | 67,500 |
Total* | 12,924,500 | 622,000 |
*As of June 15.
The US Mint has not yet begun selling 2009 Platinum Eagle and American Buffalo bullion coins. The following pages have been updated with the latest figures:
For a recent analysis on silver eagle sales, read the CoinNews article Silver Eagles Pass 12 Million in Sales. Read last week’s Coin Sales Figures report by following US Mint Eagle Gold and Silver Bullion Coin Sales Rise.
For links to the latest sales figures for US Mint collector coins, follow Collector Coin Sales.