Gold and silver American Eagle bullion coin sales doubled up, based on the latest figures released Monday by the US Mint.
Total silver eagles sold jumped to 2,479,500 from 1,293,000 and gold eagles climbed from 73,500 to 147,000.
While the doubling showcases exceptional demand, the exactness of it would seem to imply more of a structural reporting or distribution process by the Mint. In other words, the numbers are not likely a true representation of demand over a fixed seven day period.
The figures to watch most closely in these reports are always the totals. And for silver eagles, the latest total is approaching record breaker status for 2009. The Mint may soon sell more bullion silver eagles in April than in any other month this year. The jury is till open as to how this month will end up for gold eagles. Currently, April sales trail the March total.
Here is a table containing the most recent sales figures:
April & Year to Date Bullion Coin Sales Totals
|
April 6
|
April 13
|
April 20
|
April 27
|
Difference*
|
2009 Totals
|
|
| Silver Eagles |
677,500
|
1,210,500
|
1,293,000
|
2,479,500
|
1,293,000
|
9,636,500
|
| Gold Eagles |
32,000
|
68,500
|
73,500
|
147,000
|
73,500
|
489,000
|
*The difference between the US Mint’s latest (April 27th) and prior (April 20th) bullion sales figures.
Platinum Eagle and American Buffalo bullion sales for 2009 are still at zero.
The following pages have been updated with the latest figures:
For links to the latest sales figures for US Mint collector coins, follow Collector Coin Sales.