Silver and Gold Sales at the U.S. Mint in August 2015.

Robust Sales of American Silver Eagle Coins Set August Record Despite Reduced Authorized Purchaser Allocations.

Solid August sales of American Gold Eagles were second highest in 2015.

The United States Mint sold 4,935,000 American Silver Eagles in August down from July’s record amount of 5,529,000.

Sturdy sales of 78,500 one ounce American Gold Eagles in August were down from the record 144,500 sold in July.

American Silver Eagle sales year to date at 32,250,000 running 14% ahead of 2014’s record pace, evidencing strengthening retail silver demand.

August 2015 Sales of American Gold Eagles were up 274% from August 2014.

The Silver to Gold Sales Ratio August 2015: The U.S. Mint sold 62.87 times more American Silver Eagles than one ounce American Gold Eagles in August.

August 2015 Silver Sales at the U.S. Mint

The U.S. Mint Sold 4,935,000 American Silver Eagles in August 2015

August 2015 American Silver Eagle sales were down 10.7% from July 2015. (4,935,00 vs. 5,529,000)

Sales of American Siver Eagles have strengthened in the second half of the year. While sales were not halted in August as they were in July, allocations to the U.S. Mint authorized purchasers were reduced and retail premiums soared.

Retail premiums on American Silver Eagle coins hit 40% during August 2015 at online coin dealer Apmex.

August Sales of American Silver Eagle Coins 1987-2015

Sales of American Silver Eagles set an August record of 4,935,000.

The August American Silver Eagle sales record was preceded by a July American Silver Eagle sales record:

Sales of American Silver Eagles set a July record of 5,529,000.

August 2015 Gold Sales at the U.S. Mint

The U.S. Mint Sold 78,500 One Ounce American Gold Eagles in August 2015

August 2015 sales of American Gold Eagles fell 46% from July 2015 (78,500 vs. 144,500)

Sales of American Gold Eagle Coins 1987-2015

August Sales of American Gold Eagle Coins 1987-2015

The U.S. Mint sold 78,500 one ounce American Gold Eagle coins in August 2015, the sixth largest total ever sold in August.

August’s strong sales of one ounce American Gold Eagle coins followed July’s record month.

The U.S. Mint sold 144,500 one ounce American Gold Eagle coins in July 2015, the second largest total ever sold in July.

Sales of 1/10 ounce American Gold Eagle coins that began to surge in July were strong again in August at 130,000.

The Gold Silver Ratio August 2015

Chart showing how many ounces of silver it takes to buy one ounce of gold – August 2015:

August 2014-August 2015 Gold Silver Ratio

The gold silver ratio touched 80:1 in late August 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 continue to outpace sales of American Gold Eagles in August, but that gap shrunk from prior months. While American Gold and Silver Eagles surged in August, sales of American Silver Eagles reflect sales that were held back as the U.S. Mint had silver eagle production on reduced allocation during August.

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.

American Silver Eagle Sales

In August 2015, the U.S. Mint sold 4,935,000 one ounce American Silver Eagles down 10.7% from 5,529,000 American Silver Eagles sold in July 2015 and up 136% from 2,087,500 American Silver Eagles sold in August 2014.

August 2015 American Silver Eagle sales represented the third month in a row that sales were 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 32,250,000 American Silver Eagles through August 31, 2015. Through the end of August 2014, he U.S. Mint had sold 28,201,000 American Silver Eagles on the way to setting an annual sales record of 44,006,000.

Sales of American Silver Eagle coins are running 14% higher than 2014’s record pace.

American Gold Eagle Sales

In August 2015, the U.S. Mint sold 78,500 one ounce American Gold Eagles down 46% from 144,500 sold in July 2015 and up 274% from 21,000 Gold Eagles sold in August 2014.

The United State Mint sold a total of 240,500 American Gold Eagles in August 2015 including fractional 1/10, 1/4 and 1/2 ounce and one ounce coins, down 24% from July 2015 (when 317,500 American Gold Eagles were sold) and up 363% from August 2014 (when 52,000 American Gold Eagles were sold).

Total August 2015 Gold Bullion Sales at the U.S. Mint: 121,500 ounces, including 162,000 fractional ounce gold Eagles (totaling 23,000 ounces) and 20,000 24K one ounce Buffalo gold coins*.

While sales of American Silver Eagles have surged in recent months, the dollar value of the coins sold has not due to the lower price of silver.

America The Beautiful Update

There were no reported sales of America The Beautiful coins in August. 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 next ATB coin in the series to be released will be the Bombay Hook National Wildlife Refuge coin that will go on sale on Wednesday, Sept. 30, 2015.

The U.S. Mint has sold 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 122,000 for a total of 610,000 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 August 31, 2015 at 5:15 PM EST:

Silver was $14.63 per ounce
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 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 $1134.40 per ounce
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
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