Sales of American Eagle Silver and Gold bullion coins stepped back last week compared to the week prior, US Mint sales figures reveal.
During the second week of June, silver and gold eagles surged 8.1 percent and 9.1 percent, respectively. Last week sales were strong, but down to week-over-week increases of 3.3 percent and 4.1 percent.
No doubt the biggest news coming out of the Mint in recent months was last week’s announcement that it would no longer allocate bullion coins, indicating demand has declined sufficiently for it to meet any order. For an update on the story, read the CoinNews article Mint Bullion Allocation Ends or the Silver Coins Today article Mint Ends Silver Eagle Rationing.
As always and for our weekly "disclaimer," given that the US Mint sells bullion coins only to authorized purchasers 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 15
|
June 22
|
Unit Difference
|
% Difference
|
|
Silver Eagle Sales |
12,924,500
|
13,349,500
|
425,000
|
3.1%
|
Gold Eagle Sales |
622,000
|
647,500
|
25,500
|
4.1%
|
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 | 1,770,000 | 93,000 |
Total* | 13,349,500 | 647,500 |
*As of June 22.
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 stats:
For links to the latest sales figures for US Mint collector coins, follow Collector Coin Sales.