US Mint buyers handed out more money in November 2010 to purchase silver and gold bullion coins than in prior month(s) -- more than the previous two months for Silver Eagles and more than the past three months for Gold Eagles.
Combined, the US Mint sold 4,342,000 ounces of 2010 bullion coins in November. The majority of them of course were American Silver Eagle coins.
November 2010 was the biggest month ever for the silver pieces as sales reached 4.23 million. The record was taken away from December 1986 when buyers order 3.696 million Silver Eagles during the second full month following their introduction.
Two more Silver Eagle records were augmented. With still one month left in the year, 2010 annual sales hit 32,890,500. The previous record occurred last year at 28,766,500. Additionally, the year-dated Silver Eagle mintage record climbed to 32,523,000. Last year's 2009 Silver Eagle mintage record of 30,456,000 was taken out by the 2010 Silver Eagles in early November.
Demand for American Gold Eagle coins was solid. Buyers grabbed 112,000 ounces in November, which was up from October's 94,000 ounces, September's 88,000 ounces and August's 41,500 ounces. The biggest one-ounce size was the most attractive to buyers with sales of 107,500. For the first time since the fractional sizes launched in June, the smallest one-tenth ounce size trailed the one-half and one-quarter ounce Gold Eagles. From smallest to largest, the total ounces sold were 500, 1,000 and 3,000.
In year-to-date numbers, the US Mint has sold 1,160,500 ounces of Gold Eagles. That currently represents the 6th best year for the series. Another 19,501 ounces will bring this year to the fifth best. However, it is highly unlikely that 2010 gold sales will surpass those from 2009 which came in at 1,425,000 ounces.
For reference, last month and year-to-date bullion coin sales follow:
The numbers above for the gold coins are in ounces, not the number of coins sold.
December figures should be the most interesting in 2010. The month is typically one of the strongest of the year. Additionally, this December has added interested as the US Mint placed on sale today the new America the Beautiful Silver Coins.
These bullion coins are three inches in diameter, weigh five ounces and are composed of .999 fine silver. Each of five issues for this year are limited to a bullion mintage of 33,000, for a total of 165,000. The coins share the same designs as the circulating America the Beautiful Quarters®.
The 2010 America the Beautiful Silver Coins honor honor Hot Springs National Park in Arkansas, Yellowstone National Park in Wyoming, Yosemite National Park in California, Grand Canyon National Park in Arizona, and Mount Hood National Forest in Oregon.
Related posts:
July 2010 Silver Eagle Bullion Coin SalesGold and Silver Eagle Bullion Coin SalesTagged as: American Eagle Gold Coins, American Eagle Silver Coins, Silver Coins
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