American Gold Eagle Sales Remain Mired at Ten Year Lows.
U.S. Mint sold 4,000 one ounce American Gold Eagles in June down from 10,000 sold in May.
One ounce American Gold Eagle sales were down 94% in June from June 2016 sales of 62,500.
June 2017 sales lowest June total since June 2007 when 1,000 one ounce American Gold Eagles were sold.
Total number of American Gold Eagles sold in June were 24,000 including 1/10, 1/4/ 1/2 and one once coins, down from 44,000 sold in May 2017 and down from 145,500 sold in June 2016.
Total ounces of gold attributable to all American Gold Eagle Coins in June were 6,000 ounces, down from 14,500 sold in May and down from 73,500 ounces sold in June 2016.
Silver to Gold sales ratio in June was 246.5:1
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June Sales of American Gold Eagles
The U.S. Mint reported sales of 4,000 one ounce American Gold Eagle coins in June, down 93.6% from June 2016 sales of 62,500.
In June, the U.S. Mint sold a total of 24,000 American Gold Eagle coins in 1/10, 1/4, 1/2 and one ounces denominations, totaling 6,000 ounces, down from 145,500 American Gold Eagle coins totaling 73,500 ounces in June 2016.
The US Mint sold NO 1/4 or 1/2 American Gold Eagles coins in June.
Click to buy 1/4 and 1/2 American Gold Eagle coins from BGASC.com
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Surges in alternative investments like LITECOIN, Bitcoin and Ethereum 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
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 June
In June the U.S. Mint sold 986,000 American Silver Eagles and 4,000 one ounce American Gold Eagles for a silver to gold sales ratio of 246.5 to 1
In May the U.S. Mint sold 2,455,000 American Silver Eagles and 4,000 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.
To see the current and historic gold silver ratios click here.
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