US Mint Gold and Silver Bullion Coin Sales in June 2012

by Coin Collecting News on July 6, 2012

Results were split for American gold and silver bullion coins in June 2012, U.S. Mint sales data reflects.

2012 American Eagle Gold Bullion Coin

Sales in June for 2012 American Eagle Gold Bullion Coin were higher than May, but companion 2012 American Eagle Silver Bullion Coin sales were a tad lower

Authorized Purchasers, who are the only entities allowed to order bullion coins directly from U.S. Mint, bought more gold coins but a tad fewer silver coins in June as compared to the previous month.

The direction of bullion coins followed that of the precious metals within them, as gold rose 2.6% in June while silver dipped 0.5%.

In American Eagle Gold bullion coins, sales came to 60,000 ounces in June, which was up from the 53,000 ounces in May. The following table shows their coin sales by type and for each month this year.

2012 American Eagle Gold Bullion Coin Sales in 2012

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
Total 290,000
290,000
28,000
56,000
13,500
54,000
17,500
175,000
349,000
575,000

 

In American Eagle Silver bullion coins, sales came to 2.858 million in June versus 2.875 million in May. The following table offers a monthly breakdown of the 99.9% fine silver coins.

2012 American Eagle Silver Bullion Coin Sales in 2012

Month One
(oz. / #coins)
January 6,107,000
6,107,000
February 1,490,000
1,490,000
March 2,542,000
2,542,000
April 1,520,000
1,520,000
May 2,875,000
2,875,000
June 2,858,000
2,858,000
Total 17,661,500
17,661,500

 

In wrapping up gold bullion, the U.S. Mint also sold 10,000 ounces of American Buffalo Gold bullion coins as compared to the 9,500 ounces in the prior month. Their monthly sales in 2012 follow.

2012 American Buffalo Gold Bullion Coin Sales in June 2012

Month One
(oz. / #coins)
January 13,500
13,500
February 7,000
7,000
March 26,000
26,000
April 9,000
9,000
May 9,500
9,500
June 10,000
10,000
Total 75,500
75,500

 

And in wrapping up silver bullion, U.S. Mint Authorized Purchasers last month also paid for 7,900 of the five ounce America the Beautiful Silver Coins. Sales reached 5,600 coins in May.

{ 0 comments… add one now }

Leave a Comment