Sales of the recently released 2010 Proof American Gold Eagle already account for more than 74,000 ounces of gold. The collector offerings were first available for sale from the United States Mint on October 7, 2010.
In addition to gold and silver bullion coins distributed through a network of authorized purchasers, the US Mint also typically offers collectible versions of the coins for direct sale. Numismatic products for the American Gold Eagle were canceled last year due to the demand for bullion coins. With the resumption of sales this year, collectors have returned in force.
Through November 21, the total sales for the 2010 Proof Gold Eagles measured in ounces, already exceed the final sales total for the 2008 offerings by more than 50%. The 2008 Proof Gold Eagles were available for a period of more than ten months.
Maximum product limits for the 2010 Proof Gold Eagles have been established at 25,000 one ounce coins, 15,000 half ounce, 16,000 quarter ounce, 27,000 tenth ounce, and 39,000 of the 4 coin sets. So far the one ounce option has achieved the maximum.
If all options sell out, this would account for 111,350 ounces of gold.
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