The pace of US Mint bullion coin sales slowed in February 2011 against January, but authorized dealers ordered more Silver Eagles and more Gold Eagles when compared to the same time last year.
As is always the case, American Silver Eagle bullion coins claimed the lead. Coming off a January when more of the coins were sold during a month than ever before at 6.422 million, February 2011 Silver Eagle coin sales registered a total of 3.24 million.
That was enough to easily make it the best ever February for the .999 fine silver series that was first introduced in 1986. The second top February is now from 2009 when the US Mint sold 2.125 million of the coins.
Last month versus all other past months also compared well, ranking as the seventh best of all-time. Year-to-date sales for the Silver Eagle bullion coin stands at 9,662,00, which is the best two-month start for the series.
Sales of American Gold Eagle bullion coins finished at 92,500 ounces last month, which was down from the 133,500 ounces the US Mint sold during the previous month. However, the sales pace handily eclipsed the 84,000 ounces sold during the same time last year. Compared against prior February's, last month ranked fourth overall.
The fractional one-tenth ounce, one-half ounce and one-quarter ounce Gold Eagles broke out during the month, posting their best numbers since the 2010's were issued in June. From smallest to largest, the total ounces sold were 6,000, 4,000 and 10,000. Gold Eagle year-to-date sales are at 232,000 ounces.
For reference, last month and year-to-date bullion coin sales figures follow:
America the Beautiful Silver 5 ozThe numbers above for the gold coins are in ounces, not the number of coins sold.
As the table indicates, the US Mint is yet to offer the 2011-dated Gold Buffalo and five-ounce 2011 America the Beautiful Silver Coins.
The five ouncers are three inches in diameter, include five ounces of .999 fine silver, and share the same designs as the circulating America the Beautiful Quarters®. This year's America the Beautiful Silver Coins honor Gettysburg National Military Park in Pennsylvania, Glacier National Park in Montana, Olympic National Park in Washington, Vicksburg National Military Park in Mississippi, and Chickasaw National Recreation Area in Oklahoma.
Related posts:
US Mint 2010 Gold and Silver Eagle Bullion Coin SalesUS Mint Gold and Silver Eagle Coin Bullion Sales Surge in November 2010Tagged as: American Eagle Gold Coins, American Eagle Silver Coins, Silver Coins
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