Silver and Gold Sales at the U.S. Mint in May 2015
Sales of American Gold and Silver Eagles Tailed Off in May.
The United States Mint sold 2,023,500 American Silver Eagles in May down from 2,851,500 sold in April.
May 2015 American Silver Eagle sales fell 49% from May 2014.
Sales of one ounce American Gold Eagle sales were down in May to 13,500 from 23,500 in April.
May 2015 American Gold Eagle sales fell 53% from May 2014.
The U.S. Mint sold 149.89 times more American Silver Eagles than one ounce American Gold Eagles in May.
As sales of American Silver Eagles decline, the U.S. Mint has lifted restrictions on sales to it authorized purchasers.
May 2015 Silver Sales at the U.S. Mint
While sales of American Silver Eagles fell in May, the 2015 year to date sales are higher than any year from 1986-2007.
The U.S. Mint Sold 2,023,500 American Silver Eagles in May 2015
May 2015 American Silver Eagle sales were down 29% from April 2015. (2,023,500 vs 2,851,500)
May 2015 Gold Sales at the U.S. Mint
The U.S. Mint sold just 13,500 American Gold Eagles in May.
The U.S. Mint Sold 13,500 One Ounce American Gold Eagles in May 2015
May 2015 sales of American Gold Eagles fell 42.6% from April 2015 (13,500 vs. 23,500)
The Gold Silver Ratio May 2015
Chart showing how many ounces of silver it takes to buy one ounce of gold – May 2015:
The gold silver ratio in May remained above 70 most of the month.
May 2014-May 2015 Gold Silver Ratio
The gold silver ratio has increased sharply over the past year.
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 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 is 127.54 to one in the first five months of 2015.
The U.S. Mint has sold an increasing number of American Silver Eagles vs. American Gold Eagles since 2009. The 2015 ratio is through June 19.
American Silver Eagle Sales
In May 2015, the U.S. Mint sold 2,023,500 one ounce American Silver Eagles down 29% from 2,851,500 American Silver Eagles sold in April 2015 and down 49.2% from 3,988,500 American Silver Eagles sold in May 2014.
American Gold Eagle Sales
In May 2015, the U.S. Mint sold 13,500 one ounce American Gold Eagles down 42.6% from 23,500 sold in April 2015 and down 53.4% from 29,000 Gold Eagles sold in May 2014.
The United State Mint sold a total of 66,500 American Gold Eagles in May 2015 including fractional 1/10, 1/4 and 1/2 ounce and one ounce coins, up 8.1% from April 2015 (when 61,500 American Gold Eagles were sold) and down 8.9% from May 2014 (when 73,000 American Gold Eagles were sold).
Total May 2015 Gold Bullion Sales at the U.S. Mint: 31,000 ounces, including 53,000 fractional ounce gold Eagles (totaling 8,000 ounces) and 9,500 24K one ounce Buffalo gold coins*.
On June 1, 2015 at 5:15 PM EST:
Silver was $16.70 per ounce
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 $1188.80 per ounce
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
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*In May 2015, the U.S. Mint also sold: 1,500 one half ounce gold American Eagle coins, 2,500 one quarter ounce gold American Eagle coins and 40,000 one tenth ounce gold American Eagle coins (a total of 8,000 ounces in fractional gold Eagles coins) Including the 13,500 one ounce gold American Eagle coins, the Mint sold 21,500 ounces of gold American Eagle coins and 9,500 one ounce Gold Buffalo coins for a total of 31,500 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 another 12,000 of these coins after selling 30,000 of them in April for a total of 42,000 sold. The U.S. Mint has also sold 35,000 Homestead National Monument of American coins year to date. The total number American The Beautiful Coins sold so far in 2015 is 77,000 for a total of 385,000 ounces.
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
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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