Silver and Gold Sales at the U.S. Mint in February 2016.
Sales of American Silver Eagle Coins set a February record of 4,782,000.
Sales of American Silver Eagles in February 2016 were 58.2 % greater than February 2015 sales.
February American Silver Eagle sales were limited by U.S. Mint rationing to its Authorized Purchasers.
Sales of one ounce American Gold Eagle Coins in February were 67,500.
Sales of one ounce American Gold Eagles in February 2016 were 440% greater than February 2015 sales.
Sales of American Gold Buffalo coins were the second largest February total; up 58.3% from February 2015 sales.
Sales of the first America the Beautiful (ATB) coin of 2016 series, the Shawnee National Forest, sold 105,000 the second highest mintage of any ATB coin and nearly as much as the entire 2012 ATB five coin mintage.
Silver To Gold Sales Ratio February 2016
The U.S. Mint sold 70.84 times more American Silver Eagles than one ounce American Gold Eagles in February.
February 2016 American Silver Eagle Sales at the U.S. Mint
The U.S. Mint Sold a record 4,782,000 American Silver Eagles in February 2016
February 2016 American Silver Eagle sales were up down 20% from January 2016.
( 4,782,000 vs. 5,954,500) but up 58% from February 2015 (4,782,000 vs. 3,022,000)
February sales of American Silver Eagles were the largest ever in the coin’s thirty year history.
Retail and Wholesale Premiums on American Silver Eagle Coins
Premiums on American Silver Eagle coins have stabilized since the Great Silver Shortage of 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 February 2016 were 10,736,500. At the end of February 2015 the U.S. Mint had sold 8,552,000 American Silver Eagles. Sales of American Silver Eagles through February 2016 are 26% higher than through the comparable period of 2015.
If American Silver Eagle sales continue at a pace 26% 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 60,000,000.
Another American Silver Eagle Record Brewing?
Sales of American Silver Eagles through February 2016 of 10,736,500 are greater than the entire annual totals of every year of American Silver Eagle production from 1987-2007.
While sales of American Silver Eagle coins set a record in February, it is likely more would have been sold but for the U.S. Mint’s rationing of sales. According to Coin News the U.S. rationed sales to its Authorized Purchasers because of a silver planchet shortage.
February 2016 Gold Sales at the U.S. Mint
The U.S. Mint Sold 67,500 one ounce American Gold Eagles in February 2015
February 2016 one ounce American Gold Eagles sales of 67,500 were up 440% from 12,500 sold in February 2015 and down 24% from 89,000 sold in January 2016.
The United State Mint sold a total of 185,500 American Gold Eagle coins in February 2016 including fractional 1/10, 1/4 and 1/2 ounce and one ounce coins, up 187% from February 2015 (when 64,500 American Gold Eagles were sold). Total sales from all American Gold Eagle coins totaled 83,500 ounces of gold up 351% from 18,500 ounces of gold sold in February 2015.
Total February 2016 Gold Bullion Sales at the U.S. Mint: 102,500 ounces, including 118,000 fractional ounce gold Eagles (totaling 16,000 ounces) and 19,000 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
February 2016 Sales of American Gold Buffalo Coins
The U.S. Mint sold 19,000 one ounce American Gold Buffalo coins in February, up 58.3% from 12,000 sold in February 2015. February’s sales of American Gold Buffalo coins were the second most ever sold in the month of February since 2006.
The American Gold Buffalo coin has increased in popularity in recent years.
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 February 2015
Chart showing how many ounces of silver it takes to buy one ounce of gold – February 2016:
February 2015 – February 2016 Gold Silver Ratio
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 70.84 to one in February 2016. In February 2015 the silver to gold sales ratio was 241.76 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.
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.
On February 29, 2016 at 9:15 PM EST:
Silver was $14.88 per ounce
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 $1237.90 per ounce
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 February 2016, the U.S. Mint also sold: 6,000 one half ounce gold American Eagle coins, 12,000 one quarter ounce gold American Eagle coins and 100,000 one tenth ounce gold American Eagle coins (a total of 16,000 ounces in fractional gold Eagles coins) Including the 67,500 one ounce gold American Eagle coins, the Mint sold 83,500 ounces of gold American Eagle coins and 19,000 one ounce Gold Buffalo coins for a total of 102,500 ounces of gold sold.
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