First Quarter Sales of American Silver Eagles Set Record

Silver and Gold Sales at the U.S. Mint in March 2016.

Sales of American Silver Eagle Coins set a first quarter record of 14,842,500.

March 2016 sales of 4,106,500 were the second highest amount ever sold in March.

Sales of American Silver Eagles in March 2016 were 16.7 % greater than March 2015 sales.

March American Silver Eagle sales were subject to rationing by the U.S. Mint to its Authorized Purchasers.

Sales of one ounce American Gold Eagle Coins in March were 29,000.

Sales of one ounce American Gold Eagles in March 2016 were 17.1% lower than March 2015 sales.

Sales of American Gold Buffalo coins were 7,000

Silver To Gold Sales Ratio March 2016

The U.S. Mint sold 141.59 times more American Silver Eagles than one ounce American Gold Eagles in March.

JM Bullion

March 2016 American Silver Eagle Sales at the U.S. Mint

The U.S. Mint Sold a 4,106,500 American Silver Eagles in March 2016

March 2016 American Silver Eagle sales were up down 14.1% from February 2016.
(4,106,500 vs. 4,782,000) but up 16.7% from March 2015 (4,106,500 vs. 3,519,000)

March sales of American Silver Eagles were the second largest ever in the coin’s thirty year history.

march american silver eagles sales 87-16

American Silver Eagle sales in March 2016 were the second most ever in March.

First Quarter Sales Of Silver Eagles Set Record

first quarter 2015 16 silver eagle sales

First quarter 2016 sales of American Silver Eagles were 23% higher than first quarter 2015 sales.

Retail and Wholesale Premiums on American Silver Eagle Coins

Premiums on American Silver Eagle coins have stabilized since the Great Silver Shortage of 2015.

american silver eagle premiums march 30 2016

Retail premiums on American Silver Eagle coins have held steady under thirty percent since mid October 2015.

Compare American Silver Eagles for sale at:

BGASC.com
Golden Eagle Coins
JM Bullion
Money Metals Exchange

American Silver Eagle Sales On Track to Set Record a For a Fourth Year In a Row in 2016

The U.S. Mint sold 47,000,00 American Silver Eagles coins in 2015. This topped the record of 44,006,000 silver eagles sold in 2014, which in turn topped the record 42,675,000 sold in 2013.

Sales of American Silver Eagles at the end of March 2016 were 14,842,500. At the end of March 2015 the U.S. Mint had sold 12,071,000 American Silver Eagles. Sales of American Silver Eagles through March 2016 are 23% higher than through the comparable period of 2015.

If American Silver Eagle sales continue at a pace 23% higher than last year’s sales, the U.S. Mint will sell approximately an additional 13,000,000 over 2015’s total of 47,000,000 or about 57,000,000.

Another American Silver Eagle Record Brewing?

american silver eagle sales 1986-2016 through march

Sales of American Silver Eagles set a third consecutive record in 2015.

Sales of American Silver Eagles through March 2016 of 14,842,500 are greater than the entire annual totals of every year of American Silver Eagle production from 1987-2007.

Silver eagles sold  1986-2007 vs 2016 QTR1

First Quarter 2016 sales of American Silver Eagles outpaced the annual sales of each year from 1986 to 2007.

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March 2016 Gold Sales at the U.S. Mint

The U.S. Mint Sold 29,000 one ounce American Gold Eagles in March 2015

March 2016 one ounce American Gold Eagles sales of 29,000 were down 17.1% from 35,000 sold in March 2015 and down 57% from 67,500 sold in February 2016.

march sales of gold eagles 1987- 2016

The U.S. Mint sold 29,000 one ounce American Gold Eagle coins in March 2016.

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The United State Mint sold a total of 109,000 American Gold Eagle coins in March 2016 including fractional 1/10, 1/4 and 1/2 ounce and one ounce coins, down 7.6% from March 2015 (when 118,000 American Gold Eagles were sold). Total sales from all American Gold Eagle coins totaled 38,000 ounces of gold down 18.3% from 46,500 ounces of gold sold in March 2015.

American Gold Eagle sales 1986 - 2015 chart

Sales of one ounce American Gold Eagle coins rebounded in 2015 from 2014’s lowest total since 2007.

Total March 2016 Gold Bullion Sales at the U.S. Mint: 45,000 ounces, including 80,000 fractional ounce gold Eagles (totaling 9,000 ounces) and 7,000 24K one ounce Buffalo gold 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
JM Bullion
Money Metals Exchange

March 2016 Sales of American Gold Buffalo Coins

The U.S. Mint sold 7,000 one ounce American Gold Buffalo coins in March, down 26.3% from 9,500 sold in March 2015.

The American Gold Buffalo coin has increased in popularity in recent years.

American gold buffalo coin sales 2006-2015

American Gold Buffalo sales 2006 – 2015

You can compare American Gold Buffalo coins for sale at these websites:

BGASC.com
Golden Eagle Coins
JM Bullion
Money Metals Exchange

The Gold Silver Ratio March 2015

Chart showing how many ounces of silver it takes to buy one ounce of gold – March 2016:

March 2015 – March 2016 Gold Silver Ratio

gold silver ratio march 30 2016

The gold silver ratio soared above 80 to 1 in March 2016.

Click here for the live gold silver ratio and for historic gold silver ratio charts.

The Silver to Gold Sales Ratio

Sales of American Silver Eagles outpaced sales of American Gold Eagles by 141.59 to one in March 2016. In March 2015 the silver to gold sales ratio was 100.54 to 1.

The silver to gold sales ratio is measured by the sales of physical gold bullion vs. sales of physical silver bullion at the U.S. Mint. We track the sales of one ounce American Gold Eagles vs. one ounce American Silver Eagles.

American silver eagle coins sales compared to sales of one ounce american gold eagle coins 2008-2015

Sales of American Silver Eagle coins have out paced sales of American Gold Eagle coins by more than 100 to 1 in 2014 and 2015.

America The Beautiful Update

The U.S. Mint yet released the first America the Beautiful (ATB) silver five ounce coin of the 2016 series in February, the Shawnee National Forest coin. Sales of the Shawnee National Forest coin were 105,000, the second most of any ATB coin. Only the Gettysburg National Military Park and Glacier National Park coins minted in 2011 with sales of 126,700 each have sold more. Sales of the Shawnee National Forest coin are nearly as high as the total coins sales of all five ATB coins issued 2012 when 113,800 ATB coins were sold.

The U.S. Mint is scheduled to release five America the Beautiful silver coins in 2016, including Shawnee National Forest, Cumberland Gap National Historical Park, Harpers Ferry National Historical Park, Theodore Roosevelt National Park and Fort Sumter National Monument.

In 2015 the U.S. Mint sold 212,500 America the Beautiful silver five ounce coins for a total of 1.060,000 ounces of silver.

In 2014, the U.S. Mint sold 135,300 American the Beautiful silver five ounce coins for a total of 676,500 ounces sold.

In 2013, the U.S. Mint sold 160,000 silver America the Beautiful five ounce coins for a total of 800,000 ounces sold.

america the beautiful silver five ounce coin sales 2010-2015

In 2015 the U.S. Mint sold 212,000 five ounce America the Beautiful silver coins.

America The Beautiful Silver Bullion Coins for sale

America The Beautiful Silver Bullion Coins – available from BGASC.com.

On March 30, 2016 at 9:15 PM EST:

Silver was $15.45 per ounce
Silver Price Average in March $15.42 vs. $16.22 in March 2015 (4.9% lower)
Silver Price Average in February $15.05 vs. $16.84 an ounce in February 2015 (10.6% lower)
Silver Price Average in January: $14.02 vs. $17.10 an ounce in January 2015 (18% lower)
Silver Price Average in 2013: $23.79
Silver Price Average in 2014: $20.05
Silver Price Average in 2015: $17.10

Gold was $1231.30 per ounce
Gold Price Average in March $1246.34 vs $1178.63 an ounce in March 2015 (5.7% higher)
Gold Price Average in February $1198.16 vs. $1227.19 an ounce in February 2015 (2.4% lower)
Gold Price Average in January: $1097.37 vs. $1251.88 an ounce in January 2015 (12.3% lower)
Gold Price Average in 2013: $1412.05
Gold Price Average in 2014: $1290.70
Gold Price Average in 2015: $1251.85

Sources: Kitco and United States Mint

*In March 2016, the U.S. Mint also sold: 1,000 one half ounce gold American Eagle coins, 4,000 one quarter ounce gold American Eagle coins and 75,000 one tenth ounce gold American Eagle coins (a total of 9,000 ounces in fractional gold Eagles coins) Including the 29,000 one ounce gold American Eagle coins, the Mint sold 38,000 ounces of gold American Eagle coins and 7,000 one ounce Gold Buffalo coins for a total of 45,000 ounces of gold sold.

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Buy American Silver Eagle Coins
Buy American Gold Eagle Coins
Buy American Gold Buffalo Coins

Royal Canadian Mint

Further Reading:

US Mint Sales (monthly archive)

Canadian Mint Sales (quarterly and annual archives)

Perth Mint Sales (monthly archive)

Silver Supply and Demand 2015

Silver Coin Demand In the United States: a Historic Perspective

Gold Suppy and Demand

Silver Supply and Demand 2014

Smaulgld Silver Buying Guide

Smaulgld Gold Buying Guide

Gold and Silver Price Manipulation – Suspected

Gold and Silver Manipulation – Actual

The Gold Silver Ratio

September 2015 Sales of 1/10 ounce American Gold Eagle coins

Sales of One Tenth Ounce American Gold Eagles July 2015

Silver and Gold Sales at the U.S. Mint in 2014

The Gold Silver Ratio vs. The Silver to Gold Sales Ratio

The West Sells Paper Gold While the East Buys Physical Gold

The Price of Silver & Real Estate

Buying Physical Gold and Silver

Twelve Ways Silver is Different Than Gold

High Sales of Silver at the U.S., Canadian and Australian Mints in 2013

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