Demand jumped in September for U.S. Mint gold and silver bullion coins, marking a second straight month of higher interest and, more impressively, resulting in the best monthly sales since January.
September sales of U.S. Mint bullion coins were the highest for a month since January 2012.
There were two United States Mint bullion products that came in weaker than the previous month. Sales in September were 500 ounces lower for 24-karat American Buffalo gold coins and off 23,500 ounces for 99.9% fine America the Beautiful Five Ounce Silver Bullion Coins. American Eagle bullion coins, however, were on fire.
In 22-karat gold coins, U.S. Mint distributors ordered 68,500 ounces of American Gold Eagles in September compared to 39,000 ounces in August. The only month better in 2012 was January with its sales of 127,000 ounces. Year ago levels were higher as well, with September’s 2011 at 91,000 ounces.
The following table shows Gold Eagle sales numbers by month, by type and the totals so for this year:
2012 Sales of American Eagle Gold Bullion Coins
| Month | One (oz. / #coins) |
Half (oz. / #coins) |
Quarter (oz. / #coins) |
Tenth (oz. / #coins) |
Total (oz. / #coins) |
|---|---|---|---|---|---|
| January | 84,500 84,500 |
24,500 49,000 |
9,500 38,000 |
8,500 85,000 |
127,000 256,500 |
| February | 20,000 20,000 |
0 0 |
500 2,000 |
500 5,000 |
21,000 27,000 |
| March | 57,500 57,500 |
1,000 2,000 |
0 0 |
4,000 40,000 |
62,500 99,500 |
| April | 19,000 19,000 |
0 0 |
500 2,000 |
500 5,000 |
20,000 26,000 |
| May | 49,000 49,000 |
1,500 3,000 |
1,000 4,000 |
1,500 15,000 |
53,000 71,000 |
| June | 55,000 55,000 |
1,000 2,000 |
1,500 6,000 |
2,500 25,000 |
60,000 88,000 |
| July | 28,500 28,500 |
0 0 |
500 2,000 |
1,500 15,000 |
30,500 45,500 |
| August | 34,000 34,000 |
1,500 3,000 |
1,000 4,000 |
2,500 25,000 |
39,000 66,000 |
| September | 63,000 63,000 |
1,000 2,000 |
1,000 4,000 |
3,500 35,000 |
68,500 104,000 |
| YTD Total | 410,500 410,500 |
30,500 61,000 |
15,500 62,000 |
25,000 250,000 |
481,500 783,500 |
In 99.9% fine American Eagle silver bullion coins, sales soared to 3.255 million versus the previous month’s total of 2.87 million. Again, the only better month this year was in January when 6.107 million sold. Sales were higher last year this time as well since the count reached 4.4605 million, which was also the second highest monthly total for last year.
Here is a breakdown of monthly Silver Eagle sales in 2012.
2012 Sales of American Eagle Silver Bullion Coins
| Month | Monthly Sales |
|---|---|
| January | 6,107,000 |
| February | 1,490,000 |
| March | 2,542,000 |
| April | 1,520,000 |
| May | 2,875,000 |
| June | 2,858,000 |
| July | 2,278,000 |
| August | 2,278,000 |
| September | 3,255,000 |
| Total | 25,795,000 |
In returning to more specifics for American Buffalo gold coins, sales were 8,500 ounces in September compared to the 9,000 ounces in August. Last year in September sales reached 13,000 ounces.
The following offers a monthly breakdown for the gold coins.
2012 Sales of American Buffalo Gold Bullion Coins
| Month | Monthly Sales |
|---|---|
| January | 13,500 |
| February | 7,000 |
| March | 26,000 |
| April | 9,000 |
| May | 9,500 |
| June | 10,000 |
| July | 4,000 |
| August | 9,000 |
| September | 8,500 |
| Total | 96,500 |
Finally, sales for America the Beautiful Five Ounce Silver Bullion Coins totaled 73,500 ounces versus the prior month’s 97,000 ounces. September was the third best month this year for the series, behind August and then July.
Weekly updated sales figures for the above described coins are available on the Coin Collecting News pages about gold coin sales and silver coins sales.
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