Gold Eagles are ahead of the recent monthly pace while Silver Eagles are crawling.
Both seemed to have gotten off to a slow start for the month, as the US Mint only posted the first September figures on the 9th (there was a three-day holiday in the mix).
But then the Gold Eagles jumped, and fast. With just 14 days into the month, a total of 62,500 have moved. The entire months of July and August each tallied 86,000 and 82,000, respectively. Of course in those months gold didn’t head up and then over the $1,000 an ounce level like it did last week.
Silver Eagles seem to be struggling and sleeping. The US Mint sold 600,000 so far this month. That’s not even near half of the 2,130,000 sold in August and even further behind July’s 2,810,000.
Here are tables containing the most recent US Mint sales figures of bullion coins:
American Eagle Bullion Coin Sales Totals
Aug 31
|
Sept 14
|
Unit Difference
|
% Difference
|
|
Silver Eagle Sales |
18,764,500
|
19,364,500
|
600,000
|
3.2%
|
Gold Eagle Sales |
838,500
|
901,000
|
62,500
|
7.5%
|
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 | 2,245,000 | 116,000 |
July | 2,810,000 | 86,000 |
August | 2,130,000 | 82,000 |
September | 600,000 | 62,500 |
Total* | 19,364,500 | 901,000 |
*Figures as of Sept. 14. 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 Silver Eagles Surge, Gold Eagles Maintain.
For links to the latest sales figures for US Mint collector coins, follow Collector Coin Sales.