American Gold Eagle Sales Remain Elevated to Start 2017.
U.S. Mint Sold 86,500 One Ounce American Gold Eagles in January.
Total number of American Gold Eagles sold in January, including 1/10, 1/4/ 1/2 and one once coins was 266,500. Total ounces of gold attributable to all American Gold Eagle Coins were 117,500 ounces.
Silver to Gold sales in January was 59.27:1.
Premiums on American Gold Eagles Fall.
January Sales of American Gold Eagles
The U.S. Mint reported sales of 86,500 one ounce American Gold Eagle coins in January, down 2.8% from January 2016 sales of 89,000.
In January, the U.S. Mint sold a total of 266,500 American Gold Eagle coins in 1/10, 1/4, 1/2 and one ounces denominations, totaling 117,500 ounces, down from 293,00 American Gold Eagle coins totaling 124,000 ounces in January 2016.
The largest American Gold Eagle sales ever recorded in January were in 1999 when 208,500 one ounce American Gold Eagles were sold and 701,500 American Gold Eagles of all denominations were sold, totaling 281,000 ounces.
Description: Obverse: the front of this coins shows Lady Liberty with long hair walking and holding a lit lantern in one hand and an olive branch in the other. Reverse:the back shows an eage aloft clutching an olive branch above a nest, with “E Pluribus Unum” “In God We Trust” “1 oz fine gold” “50 Dollars” Composition/Weight: (33.931 grams) .9167 gold,.03 silver .0533 copper (net weight 1 oz. gold)(22K) Face value: $50 Designers: Augustus Saint-Gaudens (obverse) Miley Busiek (reverse) Mint Locations:Philadelphia, Pennsylvania; West Point, New York Years Minted: 1986-present
The American Gold Eagle is minted at the West Point, New York mint which operates primarily to produce American Silver and Gold Eagle and American Buffalo coins.
The design of the American Gold Eagle coin originally appeared in 1907 on the United States $20 gold coin, or double eagle. U.S. Double eagles were minted from 1907-1933.
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U.S. Mint sales data – USMINT.gov
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