[heading]American Gold Eagle Bullion Sales Decline[/heading]
September is the second month in a row in which American Gold Eagle coins sold much fewer compared to one year ago. At the beginning of August, one month sales of the Gold Eagle reached a six year nadir.
Despite weakness in gold coin sales, the American Silver Eagle bullion coin has continued to sell and remains on pace for record annual sales.
Gold Eagle bullion sales amounted to 13,000 troy ounces in 2013, with the top seller by unit volume being the 1/10 oz sized coins which sold 10,000 units. The largest 1 oz sized coins, which sold 8,500 units, accounted for the majority of the total gold weight sold.
September’s monthly sales numbers are down by 81% relative to one year ago, when sales had reached 68,500 ounces. Sales did show a small gain compared to the prior month as sales registered at a six year low of 11,500 troy ounces.
September 2013 US Mint Bullion Coin Sales
Sept 2013 | YTD 2013 | |
American Gold Eagle 1 oz | 8,500 | 605,000 |
American Gold Eagle 1/2 oz | 5,000 | 53,000 |
American Gold Eagle 1/4 oz | 4,000 | 104,000 |
American Gold Eagle 1/10 oz | 10,000 | 465,000 |
American Gold Buffalo 1 oz | 10,000 | 200,000 |
American Silver Eagle 1 oz | 3,013,000 | 36,088,000 |
America the Beautiful Silver 5 oz | 22,900 | 173,100 |
The US Mint’s 24-karat American Gold Buffalo bullion coins sold 10,000 coins.