Sales were a mixed bag when it came to US Mint bullion coins in June 2011. Levels retreated for each of the major offerings, but that is normal for a summer month. The mixing is in terms of their recent performances, and how silver bullion coins continue to shine.
American Silver Eagles scored their best June with sales of 3.402 million coins while American Gold Eagles plunged in June with sales of 61,500 ounces. How the bullion coins performed against the previous month of May is telling. Silver Eagle sales in June dropped just 6.9% from May while Gold Eagles plunged 42.5% over the same time.
Silver Eagle bullion coins remain on a record-setting pace with six-month sales of 22.3035 million. Double that amount and more than 44 million will be sold this year. The current annual record was hit in 2010 at a lower 34.6625 mullion. Six-month sales for the 22-karat Gold Eagle bullion coins are at 576,000 ounces. The level is far from shabby, but doubling it results in a total that is lower than their 2010 annual sales of 1.22205 million ounces.
A detailed look on how both series of coins performed in June versus past months in 2011 follows:
| Month | One ( oz. / # ) |
Half ( oz. / # ) |
Quarter ( oz. / # ) |
Tenth ( oz. / # ) |
Total ( oz. / # ) |
| January | 130,500 130,500 |
500 1,000 |
500 2,000 |
2,000 20,000 |
133,500 153,500 |
| February | 72,500 72,500 |
6,000 12,000 |
4,000 16,000 |
10,000 100,000 |
92,500 200,500 |
| March | 60,500 60,500 |
4,000 8,000 |
5,000 20,000 |
4,000 40,000 |
73,500 128,500 |
| April | 94,500 94,500 |
6,000 12,000 |
3,500 14,000 |
4,000 40,000 |
108,000 160,500 |
| May | 93,500 93,500 |
11,000 22,000 |
1,000 4,000 |
1,500 15,000 |
107,000 134,500 |
| June 2011 | 56,500 56,500 |
0 0 |
2,000 8,000 |
3,500 35,000 |
61,500 99,000 |
| Month | One ( oz. / #coins ) |
| January | 6,422,000 6,422,000 |
| February | 3,240,000 3,240,000 |
| March | 2,767,000 2,767,000 |
| April | 2,819,000 2,819,000 |
| May | 3,653,500 3,653,500 |
| June | 3,402,000 3,402,000 |
| Total | 22,303,500 22,303,500 |
Other gold bullion coin sales for the month of June included the 24-karat Gold Buffalo. The coins made their first 2011 appearance in March. Monthly levels have continued to fall ever since. Those declines and how they have performed since their introduction in 2006 may be compared in the following table:
| 2006 Gold Buffalo | 2007 Gold Buffalo | 2008 Gold Buffalo | 2009 Gold Buffalo | 2010 Gold Buffalo | 2011 Gold Buffalo | |
| January | 0 | 14,000 | 21,500 | 0 | 0 | 0 |
| February | 0 | 37,500 | 6,000 | 0 | 0 | 0 |
| March | 0 | 28,000 | 15,000 | 0 | 0 | 38,000 |
| April | 0 | 6,500 | 13,000 | 0 | 56,500 | 20,500 |
| May | 0 | 4,500 | 5,500 | 0 | 70,500 | 15,500 |
| June | 99,500 | 5,500 | 5,500 | 0 | 33,500 | 5,500 |
| July | 117,500 | 5,500 | 9,500 | 0 | 23,000 | - |
| August | 22,000 | 13,000 | 34,500 | 0 | 15,500 | - |
| September | 33,500 | 8,500 | 36,000 | 0 | 10,000 | - |
| October | 21,500 | 5,000 | 0 | 116,500 | - | - |
| November | 10,000 | 15,500 | 25,500 | 67,500 | - | - |
| December | 19,000 | 24,000 | 0 | 16,000 | - | |
| Total | 323,000 | 167,500 | 172,000 | 200,000 | 209,000 | 79,500 |
Also sold by the US Mint so far in 2011 are four of the five bullion 2011 America the Beautiful Silver Coins. The first two five-ounce silver bullion coins sold out earlier this year with mintages each of 126,700. They honored Gettysburg National Military Park in Pennsylvania and Glacier National Park in Montana. The third Olympic National Park five ouncer for Washington stands at 73,400 and was released in May while the forth National Military Park bullion coin for Mississippi is at 19,000, having been released in June. The final 2011-dated five ounce bullion coin honoring Chickasaw National Recreation Area in Oklahoma has not yet been released.
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