Silver and Gold Sales at the U.S. Mint in April 2015
Sales of American Gold and Silver Eagles Tail Off in April.
The United States Mint sold 2,851,500 American Silver Eagles in April down from 3,519,000 sold in March.
Sales of one ounce American Gold Eagle sales were down in April to 23,500 from 35,000 in March.
The U.S. Mint Sold 121.34 times more American Silver Eagles than one ounce American Gold Eagles in April.
April 2015 Silver Sales at the U.S. Mint
Through April 2015, the U.S. Mint has sold 14,922,500 American Silver Eagles. Through April 2014, the U.S. Mint had sold 17,448,000 American Silver Eagles. The U.S. Mint sold a record 44,006,000 American Silver Eagles in 2014.
The U.S. Mint Sold 2,851,500 American Silver Eagles in April 2015
April 2015 American Silver Eagle sales were down 20% from April 2014. (2,851,500 vs. 3,569,000)
April 2015 Gold Sales at the U.S. Mint
The U.S. Mint has sold just 122,500 one ounce American Gold Eagles through April 2015.
The U.S. Mint Sold 23,500 One Ounce American Gold Eagles in April 2015
April 2015 sales of American Gold Eagles fell 9.6% from April 2014 (23,500 vs. 26,000)
The Gold Silver Ratio April 2015
Chart showing how many ounces of silver it takes to buy one ounce of gold – April 2015:
The gold silver ratio averaged well over 72:1 during April 2015.
April 2014-April 2015 Gold Silver Ratio
The gold silver ratio has been over 70:1 since October 2014.
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 continue to outpace sales of American Gold Eagles by a wide margin.
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 is over 120:1 in the first four months of 2015.
Here are two charts showing the dollar amounts of silver and gold sold at the U.S. Mint as measured by sales of one ounce American Gold and Silver Eagle coins:
Dollar Value of American Gold and Silver Eagle Coins Sold April 2014-April 2015
Even though the U.S. Mint is selling well over 100 times more silver eagles than one ounce gold eagles, the relatively low price of silver to gold results in approximately the same dollar value of each being sold.
Dollar Value of American Gold and Silver Eagle Coins Sold 1986-2014
Sales of American Gold Eagles peaked in 1999 but because the price of gold was substantially lower then, it was nowhere near the peak in dollar terms.
American Silver Eagle Sales
In April 2015, the U.S. Mint sold 2,851,500 one ounce American Silver Eagles down 20% from 3,519,000 American Silver Eagles sold in March 2015 and down 20% from 3,569,000 American Silver Eagles sold in April 2014.
American Gold Eagle Sales
In April 2015, the U.S. Mint sold 23,500 one ounce American Gold Eagles down 32.9% from 35,000 sold in March 2015 and down 9.6% from 26,000 Gold Eagles sold in April 2014.
The United State Mint sold a total of 61,500 American Gold Eagles in April 2015 including fractional 1/10, 1/4 and 1/2 ounce and one ounce coins, down 47.9% from March 2015 (when 118,000 American Gold Eagles were sold) and down 39.1% from April 2014 (when 101,000 American Gold Eagles were sold).
Total April 2015 Gold Bullion Sales at the U.S. Mint: 39,500 ounces, including 38,000 fractional ounce gold Eagles (totaling 6,000 ounces) and 10,000 24K one ounce Buffalo gold coins*.
In April 2015, the U.S. Mint about equal dollar amounts of gold and silver. The U.S. Mint sold approximately $47.3 million worth of silver.
The Mint sold approximately $28.5 million worth of one ounce Gold Eagles. The total value of physical gold bullion sold at the U.S. Mint in September, including sales of one ounce and fractional ounce Gold Eagles and one ounce Gold Buffalo coins, was approximately $47.9 million.
On April 30, 2015 at 5:15 PM EST:
Silver was $16.09 per ounce
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 December: $16.24
Silver Price Average in November: $15.97
Silver Price Average in October: $17.19
Silver Price Average in September: $18.49
Silver Price Average in August: $19.80
Silver Price Average in July: $20.92
Silver Price Average in June: $19.78
Silver Price Average in May: $19.36
Silver Price Average in April:19.71
Silver Price Average in March: $20.74
Silver Price Average in February: $20.83
Silver Price Average in January: $19.91
Silver Price Average in 2013: $23.79
Silver Price Average in 2014: $20.05
Gold was $1177.90 per ounce
Gold Price Average in April $1213.05
Gold Price Average in March:$1178.63
Gold Price Average in February: $1227.19
Gpld Price Average in January: $1251.85
Gold Price Average in December:$1202.29
Gold Price Average in November:$1176.30
Gold Price Average in October: $1222.49
Gold Price Average in September: $1238.82
Gold Price Average in August: $1295.99
Gold Price Average in July: $1310.97
Gold Price Average in June: $1279.10
Gold Price Average in May: $1287.53
Gold Price Average in April: 1299.00
Gold Price Average in March: $1336.08
Gold Price Average in February: $1300.97
Gold Price Average in January: $1244.80
Gold Price Average in 2013: $1412.05
Gold Price Average in 2014:$1290.70
Sources: Kitco and United States Mint
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Other than charts labelled “Smaulgld”, which are my own inartful creations, all gold and silver charts are courtesy of Nick Laird – the Gold Standard in Precious Metals Charts
*In April 2015, the U.S. Mint also sold: 4,000 one half ounce gold American Eagle coins, 4,000 one quarter ounce gold American Eagle coins and 30,000 one tenth ounce gold American Eagle coins (a total of 6,000 ounces in fractional gold Eagles coins) Including the 23,500 one ounce gold American Eagle coins, the Mint sold 29,500 ounces of gold American Eagle coins and 10,000 one ounce Gold Buffalo coins for a total of 39,500 ounces of gold sold.
America The Beautiful Update
The U.S. Mint also released sales results for the second 2015 American the Beautiful five ounce silver coin – the Kistachie National Forest Coin. The United States Mint sold 30,000 of these coins. The U.S. Mint has also sold 35,000 Homestead National Monument of American coins year to date. The total number of ounces of American The Beautiful coins sold so far in 2015 is 325,000.
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
Further Reading:
US Mint Sales (monthly archive)
Silver Coin Demand In the United States: a Historic Perspective
Gold and Silver Price Manipulation – Suspected
Gold and Silver Manipulation – Actual
Silver and Gold Sales at the U.S. Mint in 2014
Austrian Mint Runs Overtime to Meet Demand
2014 Silver and Gold Predictions
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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