U.S. Mint September 2016 American Gold Eagle Sales Report.
The U.S Mint sold 79,000 one ounce American Gold Eagle Coins in September up 58% from 50,000 sold in August 2016 and down 20% from 98,500 sold in September 2015.
Total ounces of gold attributable to all American Gold Eagle Coins including 1/10, 1/4/ 1/2 and one once coins were 94,000 up 61% from 58,500 ounces sold in August 2016 and down 25% from 125,500 ounces sold in September 2015.
A shift in investor sentiment from silver to gold?
Silver to Gold sales Ratio Falls to 21.2:1
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U.S. Mint American Gold Eagle Sales
Sales of one ounce American Gold Eagle coins were up sharply in September 2016 compared to August 2016 sales.
In September 2016, the U.S. Mint sold 79,000 one ounce American Gold Eagle Coins up 58% from 50,000 sold in August 2016. Sales of one ounce American Gold Eagle coins in September were down 20% from last September’s sales of 98,500.
American Gold Eagle sales in September 2016 were the eighth best September sales in the coin’s thirty year history.
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The U.S. Mint also sold 5,000 one half ounce, 16,000 quarter ounce and 85,000 one tenth ounce American Gold Eagle coins for a total of 94,000 ounces of American Gold Eagle coins sold in September. In August, the U.S Mint sold a total of 58,500 ounces of American Gold Eagle coins. In September 2015, the U.S. Mint sold 125,500 ounces of American Gold Eagle coins.
Year to date, the U.S. Mint has sold 565,000 one ounce American Gold Eagle coins and a total of 1,437,000 American Gold Eagle coins of all denominations for a total of 692,000 ounces of gold sold in the form of American Gold Eagles.
Sales of American Gold Eagle coins in 2016 are on pace for their best year since 2013.
Gold sales led silver sales at the height of the financial crisis of 2008-2009
Gold is the metal where investors go to first when there are signs of financial uncertainty.
American Gold Eagle Premiums
Gold Eagle premiums remained steady in September.
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
BGASC.com
Golden Eagle Coins
JM Bullion
Money Metals Exchange
Click here to see the August 2016 U.S. Mint American Silver Eagle sales report
Silver To Gold Sales Ratio Falls in September
American Silver Eagle sales set records in 2013-2015, while American Gold Eagle sales languished. American Gold Eagle sales have increased in 2016.
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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U.S. Mint sales data: usmint.gov
Further Reading:
US Mint Sales (monthly archive)
Canadian Mint Sales (quarterly and annual archives)
Perth Mint Sales (monthly archive)
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