Silver and Gold Sales at the U.S. Mint in September 2015.
Solid Sales of American Silver Eagle Coins in September Despite Reduced Authorized Purchaser Allocations.
Robust September sales of American Gold Eagles were second highest of 2015.
The United States Mint sold a sturdy 3,804,500 American Silver Eagles in September down from August’s 4,935,000.
Strong sales of 98,500 one ounce American Gold Eagles in September were up from the 78,500 sold in August.
American Silver Eagle sales year to date at 36,054,500 running 11.5% ahead of 2014’s record pace (32,311,000), evidencing strengthening retail silver demand.
September 2015 Sales of American Gold Eagles were up 95% from September 2014 as the recovery in gold sales that began in June continues.
The Silver to Gold Sales Ratio September 2015: The U.S. Mint sold 38.62 times more American Silver Eagles than one ounce American Gold Eagles in September.
September 2015 American Silver Eagle Sales at the U.S. Mint
The U.S. Mint Sold 3,804,500 American Silver Eagles in September 2015
September 2015 American Silver Eagle sales were down 23% from August 2015. (3,804,500 vs. 4,935,000)
Sales of American Siver Eagles have strengthened in the second half of the year with June, July and August sales each topping well over four million. Sales of American Silver Eagles were restricted further again in September after being restricted in August and halted in July. With allocations by the U.S. Mint to its authorized purchasers sales were reduced and retail and wholesale premiums soared.
Bullion dealers experienced shortages in virtually all retail silver products during September.
Retail and Wholesale Premiums on American Silver Eagle Coins Soared in September
American Silver Eagle retail premiums soared to 51% in September as rationing of the popular coins drove prices higher.
Compare American Silver Eagles for sale at:
Golden Eagle Coins
Money Metals Exchange
In September 2015, the U.S. Mint sold 3,804,500 one ounce American Silver Eagles down 22.9% from 4,935,000 American Silver Eagles sold in August 2015 and down 8.1% from 4,140,000 American Silver Eagles sold in September 2014.
September 2015 American Silver Eagle sales represented a break in the streak of three months in a row of sales over 4 million, the first time ever in U.S. Mint history.
Sales of American Silver Eagles for the three month period from June-August were 15,304,000 (average of 5,101,333 per month) and greater than any single year sales total from 1987-2007.
American Silver Eagle Sales on Pace to Set Record for the Third Year In a Row
The U.S. Mint has sold 36,054,500 American Silver Eagles through September 30, 2015. Through the end of September 2014, the U.S. Mint had sold 32,331,00 American Silver Eagles on the way to setting an annual sales record of 44,006,000.
Sales of American Silver Eagles through September 30, 2015 are higher than annual sales in all years other than 2011, 2013 and 2014.
September 2015 Gold Sales at the U.S. Mint
The U.S. Mint Sold 98,500 one ounce American Gold Eagles in September 2015
September 2015 American Gold Eagles sales of 98,500 were up 25.5% from 78,500 sold in August 2015 and up 95% from 50,500 American Gold Eagles sold in September 2014.
The United State Mint sold a total of 302,500 American Gold Eagles in September 2015 including fractional 1/10, 1/4 and 1/2 ounce and one ounce coins, up 26% from August 2015 (when 240,500 American Gold Eagles were sold) and up 224% from September 2014 (when 93,500 American Gold Eagles were sold).
Total September 2015 Gold Bullion Sales at the U.S. Mint: 147,500 ounces, including 204,000 fractional ounce gold Eagles (totaling 27,000 ounces) and 22,000 24K one ounce Buffalo gold coins*.
Sales of 1/10 ounce American Gold Eagle coins that began to surge in July were strong again in September at 175,000, the third most ever sold in September. The surge in sales of one tenth ounce American Gold Eagle coins began around the same time (late June 2015) that American Silver Eagle premiums began to rise.
One Tenth ounce American Gold Eagle coins continued to sell well in September.
Sales of 1/10 ounce American Gold Eagle coins surged in September to the third highest total ever.
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
Golden Eagle Coins
Money Metals Exchange
The Gold Silver Ratio September 2015
Chart showing how many ounces of silver it takes to buy one ounce of gold – September 2015:
September 2014 – September 2015 Gold Silver Ratio
In September 2015, the gold silver ratio was at or near the highest levels of 2015.
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 continued to outpace sales of American Gold Eagles in September, but that gap shrunk from prior months. While American Gold and Silver Eagles sales were strong in September, sales of American Silver Eagles have been held back as the U.S. Mint had production of silver eagles on reduced allocation.
The September Silver To Gold Sales Ratio 38.62:1
The August Silver To Gold Sales Ratio 62.87:1
The July Silver To Gold Sales Ratio 38.26 to 1
The June Silver to Gold Sales Ratio 77.44 to 1
The May Silver to Gold Sales Ratio 149.89 to 1
The April Silver to Gold Sales Ratio 121.34 to 1
The March Silver to Gold Sales Ratio: 100.54 to 1
The February Silver To Gold Sales Ratio: 241.76 to 1
The January 2015 Silver To Gold Sales Ratio: 107.38 to 1
The 2015 (Jan-March) Silver To Gold Sales Ratio: 121.72 to 1
The 2014 Silver to Gold Sales Ratio: 105.91 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.
Here is a chart from 2008-2014 showing the ratio of American Silver Eagle coins sold compared to American Gold Eagle coins sold.
American Silver Eagles out sold one ounce American Gold Eagles nearly 106 to one in 2014. The ratio was 109.75 to one in the first six months of 2015.
Sales of American Silver Eagle coins have out paced sales of American Gold Eagle coins by more than 100 to 1 since 2014.
Since the institution of American Silver Eagle production halts and allocations by the U.S. Mint in July, the silver to gold sales ratio has fallen to average of 44.38:1 during the three month period July- September 2015.
America The Beautiful Update
Sales of America the Beautiful (ATB) five ounce silver coins resumed in September. The latest ATB coin in the series, the Bombay Hook National Wildlife Refuge coin, was released in late September and sold 45,000. In July, the U.S. Mint sold 10,000 of the third in the 2015 American the Beautiful (ATB) five ounce silver coin series -the Blue Ridge Parkway coin. This coin is now sold out. Sales of the Blue Ridge Parkway coin were the highest of any ATB coin since 2011 sales of 48,500 of the Chickasaw National Recreation Area coin.
The last ATB coin in the 2015 series, the Saratoga National Historical Park coin will be released in early December.
The U.S. Mint has sold 45,000 Bombay Hook National Wild Life Reuge coins, 45,000 Blue Ridge Parkway coins as well as 42,000 Kistachie National Forest and 35,000 Homestead National Monument of American coins year to date.
The total number American The Beautiful Coins sold so far in 2015 is 167,600 for a total of 835,000 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 Bullion Coins – available from BGASC.com.
On September 30, 2015 at 5:15 PM EST:
Silver was $14.52 per ounce
Silver Price Average in September $14.79
Silver Price Average in August $14.94
Silver Price Average in July $15.07
Silver Price Average in June $16.09
Silver Price Average in May $16.80
Silver Price Average in April $16.61
Silver Price Average in March:$16.22
Silver Price Average in February: $16.84
Silver Price Average in January: $17.09
Silver Price Average in 2013: $23.79
Silver Price Average in 2014: $20.05
Gold was $1134.40 per ounce
Gold Price Average in Sepember $1124.53
Gold Price Average in August $1,117.47
Gold Price Average in July $1130.04
Gold Price Average in June $1181.50
Gold Price Average in May $1199.05
Gold Price Average in April $1213.05
Gold Price Average in March:$1178.63
Gold Price Average in February: $1227.19
Gold Price Average in January: $1251.85
Gold Price Average in 2013: $1412.05
Gold Price Average in 2014:$1290.70
Sources: Kitco and United States Mint