American Gold Eagle May Sales Fall To Fourteen Year Lows.
U.S. Mint Sold 10,000 One Ounce American Gold Eagles in May up from 3,500 sold in April.
May 2017 sales lowest May total since May 2003 when no one ounce American Gold Eagles were sold.
Total number of American Gold Eagles sold in May, including 1/10, 1/4/ 1/2 and one once coins was 44,000. Total ounces of gold attributable to all American Gold Eagle Coins were 14,500 ounces.
Silver to Gold sales ratio in May was 245.5:1
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May Sales of American Gold Eagles
The U.S. Mint reported sales of 10,000 one ounce American Gold Eagle coins in May, down 84.4% from May 2016 sales of 64,500.
In May, the U.S. Mint sold a total of 44,000 American Gold Eagle coins in 1/10, 1/4, 1/2 and one ounces denominations, totaling 14,500 ounces, down from 141,500 American Gold Eagle coins totaling 76,500 ounces in May 2016.
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The U.S. Mint sold 10,000 one ounce American Gold Eagle coins in May.
Surges in alternative investments like Bitcoin, ethereum, gold etfs, mining shares and silver may be impacting sales of gold bullion.
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American Gold Eagle
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.
The American Gold Eagle is also minted in denominations of $5 (1/10 ounce), $10 (1/4 ounce), and $25 (1/2 ounce).
From 1986–1991 the American Gold Eagle bore Roman numeral dates. In 1992, the U.S. Mint switched to adding Arabic numbers for dates. The original 1907 U.S. Double Eagle also contained Roman numerals.
The American Gold Eagle is 22K gold and is considered legal tender in the United States.
Compare Pricing and Shipping on American Gold Eagle Coins
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
The U.S. Mint sold 137,000 one ounce American Gold Eagle coins through May 2017, down 60.1% from 343,500 sold through May 2016.
American Gold Eagle Mintages – 1986-2017
Sales of sales of American Gold Eagles in 2016 were the highest since 2010.
American Gold Eagle Premiums
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
Click here to see the 2016 U.S. Mint American Silver Eagle sales report
Silver To Gold Sales Ratio in May
one ounce American Gold Eagles for a silver to gold sales ratio of 245.5 to 1
In April the U.S. Mint sold 835,000 American Silver Eagles and 3,500 one ounce American Gold Eagles for a silver to gold sales ratio of 239 to 1
In March the U.S. Mint sold 1,615,000 American Silver Eagles and 16,000 one ounce American Gold Eagles for a silver to gold sales ratio of 101 to 1
In February the U.S. Mint sold 1,215,000 American Silver Eagles and 21,000 one ounce American Gold Eagles for a silver to gold sales ratio of 57.9 to 1
In January the U.S. Mint sold 5,127,500 American Silver Eagles and 86,500 one ounce American Gold Eagles for a silver to gold sales ratio of 59.3 to 1
In December the U.S. Mint sold 240,000 American Silver Eagles and 23,000 one ounce American Gold Eagles for a silver to gold sales ratio of 10.4 to 1
In November the U.S. Mint sold 3,061,000 American Silver Eagles and 129,000 one ounce American Gold Eagles for a silver to gold sales ratio of 23.7 to 1
In October the U.S. Mint sold 3,825,000 American Silver Eagles and 100,500 one ounce American Gold Eagles for a silver to gold sales ratio of 38 to 1
In September the U.S. Mint sold 1,675,000 American Silver Eagles and 79,000 one ounce American Gold Eagles for a silver to gold sales ratio of 21.2 to 1
In August the U.S. Mint sold 1,280,000 American Silver Eagles and 50,000 one ounce American Gold Eagles for a silver to gold sales ratio of 25.6 to 1
In July the U.S. Mint sold 1,370,000 American Silver Eagles and 30,000 one ounce American Gold Eagles for a silver to gold sales ratio of 45.66 to 1
In June, the U.S. Mint sold 2,837,500 American Silver Eagles and 62,500 one ounce American Gold Eagles for a silver to gold sales ratio of 45.4 to 1
In May, the U.S. Mint sold 4,498,500 American Silver Eagles and 64,500 one ounce American Gold Eagles for a silver to gold sales ratio of 69.74 to 1.
In April, the U.S. Mint sold 4,072,000 American Silver Eagles and 93,000 one ounce American Gold Eagles for a silver to gold sales ratio of 43.78 to 1.
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To see the current and historic gold silver ratios click here.
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U.S. Mint sales data – USMINT.gov
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