Precious Metals

2014 American Eagle gold bullion sales top half million ounces

The U.S. Mint recorded sales of 425,000 of the 1-ounce gold American Eagle bullion coins dated 2014.

Images courtesy of SilverTowne.

The total combined sales of 2014 American Eagle gold bullion coins recorded is 519,500 ounces, according to a U.S. Mint announcement July 7.

Mint officials revealed the sales total the day after announcing that all remaining inventory of 2014-dated American Eagle gold bullion coins was depleted. All orders placed after the Mint's July 6 announcement are to be filled with 2015-dated bullion coins.

The U.S. Mint offers American Eagle bullion coins for sale to its authorized purchasers in four physical sizes and denominations:

??1-ounce, $50 face value

??Half-ounce, $25 face value

??Quarter-ounce, $10 face value

??Tenth-ounce, $5 face value

All four versions are struck without Mint mark at the West Point Mint in .9167 fine gold. The stated weight in troy ounces represents the content in pure gold. The full weight of each coin is slightly more, incorporating the non-gold portion of the complete alloy.

The U.S. Mint released the following sales figures for 2014-dated American Eagle bullion coins by number of troy ounce and number of individual coins:

                                                 2014                                                 

         American Eagle            Ounces                                   Coins

                 1 OZ                     425,000                                  425,000

              1/2 OZ                       17,500                                    35,000              

              1/4 OZ                       22,500                                    90,000              

            1/10 OZ                       54,500                                   545,000

Total                                   519,500                              1,095,000                                                                                             

More from CoinWorld.com:

Mint releases technical details for 2015-W American Liberty, High Relief gold coin

U.S. Standard .900 silvery alloy in coins may change under legislation

Neither 2015 Eisenhower Coin & Chronicles set nor American Liberty, High Relief gold $100 coin set for ANA release

British anti-slavery halfpenny token in Davisson’s auction

Truman sets and Jackie Kennedy gold coins: An update

Keep up with all of CoinWorld.com's news and insights by signing up for our free eNewslettersliking us on Facebook, and following us on Twitter. We're also on Instagram!


Community Comments