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Thursday, May 3, 2012

Another Slow Month for US Mint Gold and Silver Bullion Sales

We may be building for a low mintage production year for the eagles,  and getting a premium for numismatics. 
 
Sales of the United States Mint's gold and silver bullion coins continue to lag the levels seen in the previous year. For every month for the year to date, sales of both American Gold Eagles and American Silver Eagles come in below the monthly sales level from the prior year.



During April 2012, the US Mint recorded sales of 1,520,000 of the one ounce Silver Eagle bullion coins. This is down by 46% from the monthly sales of 2,819,000 for April 2011.

For the year to date, Silver Eagle sales are now at 11,659,000. By this point last year, sales had reached 15,248,000.

Sales of the Gold Eagle bullion coins for the most recent month reached just 20,000 ounces. This represents the lowest monthly total since June 2008. Compared to the year ago period, monthly sales are down by 81%.

For the year to date, Gold Eagle sales are at 230,500 ounces. By this point last year, sales had reached 407,500 ounces.

April 2012 US Mint Bullion Coin Sales


April 2012 YTD 2012
American Gold Eagle 1 oz 19,000 181,000
American Gold Eagle 1/2 oz 0 51,000
American Gold Eagle 1/4 oz 2,000 42,000
American Gold Eagle 1/10 oz 5,000 135,000



American Gold Buffalo 1 oz 9,000 55,500



American Silver Eagle 1 oz 1,520,000 11,659,000



America the Beautiful Silver 5 oz 200 8,000

Other bullion coin options available from the United States Mint included the 24 karat one ounce American Gold Buffalo coins. Total sales for the month were 9,000 ounces. This is less than half the 20,500 ounces worth of coins sold in the year ago period.

The Mint continues to offer remaining inventories of the 2011-dated America the Beautiful Five Ounce Silver Bullion Coins. Monthly sales amounted to just 200 coins, or 1,000 ounces. In the year ago period, demand was brisk for the new offering with sales of 225,400 coins, accounting for 1,127,000 ounces. Source @CoinUpdate

For US Mint historical productions - 64-page PDF report:

UNITED STATES MINT 2011 ANNUAL REPORT