The U.S. Mint
sold nearly 9.2 million fewer American Eagle silver bullion coins in
2016 than it did during the 2015 record year when 47 million coins
The near 19.8 percent drop in demand between 2015 and 2016 left the
final sales totals for 2016 at 37,701,500 coins. 2016 total sales are
the lowest since the 33,742,500 American Eagle silver coins recorded
sold in calendar year 2012. The 2016 totals are considered final but
remain to be audited.
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The U.S. Mint announced Dec. 9 that it had sold out its inventory of
2016 American Eagle 1-ounce silver dollars, as well as the 2016
American Eagle 1-ounce, quarter-ounce and tenth-ounce gold bullion
coins, and the entire production of 2016 Theodore Roosevelt National
Park 5-ounce silver bullion quarter dollars.
2016 production ends
U.S. Mint officials announced Nov. 30 that production of 2016
bullion coins had ended, but indicated the Mint would continue selling
remaining inventory until it is depleted.
In the same announcement, Mint officials said it would begin
accepting orders from authorized purchasers, without allocation, for
the 2017 American Eagle and American Buffalo gold bullion coins on
The five 2017 America the Beautiful 5-ounce silver bullion coins
will be offered for sale to authorized purchasers beginning on dates
yet to be announced.
Silver Eagle demand
2016 American Eagle silver bullion coin sales were by weekly
allocation to authorized purchasers until July 18, when the
restrictions were lifted. By then, orders from authorized purchasers
had already been dropping, as secondary market inventories of the
American Eagle silver bullion coins increased.
January sales of American Eagle silver bullion coins almost always
are the highest for the calendar year, as it is the first month that
collectors and investors can secure an incoming year's new coins. When
production of 2016 coins ended, production shifted to 2017 coins to
build inventory ahead of the Jan. 9 opening of sales.
Gold American Eagle, American Buffalo coins
Final but unaudited sales of American Eagle 1-ounce gold coins for
2016 are 30.4 percent higher than recorded in 2015, while sales for
the 2016 half-ounce, quarter-ounce and tenth-ounce gold versions are
close to the 2015 numbers.
Final but unaudited sales of 2016 American Eagle gold coins reflect
817,500 ounces in 1-ounce coins; 38,000 ounces in quarter-ounce coins
(152,000 coins); and 92,500 ounces in tenth-ounce coins (925,000
coins). Sales through Dec. 6 for the half-ounce gold American Eagles
reached 36,500 ounces (73,000 coins).
Gold American Eagle bullion just
had its best sales month since July 2015:
On the whole, 2016 is well-ahead of 2015 and 2014 in terms of
total ounces of American Eagle gold bullion sold.
In comparison, 2015 American Eagle gold bullion coin sales
reflect 626,500 of the 1-ounce coins; 37,500 ounces in half ounce
coins (75,000 coins); 39,500 ounces in quarter ounce coins (158,000
coins) and 98,000 ounces in tenth-ounce coins (980,000 coins).
2016 sales of American Buffalo 1-ounce gold bullion $50 coins are
running below 2015 levels: 2016 sales reached 212,500 coins through
Dec. 6, compared with 220,500 in 2015.
5-ounce silver ATB quarter dollars
The U.S. Mint announced Dec. 6 that the Mint's inventory of 2016
Theodore Roosevelt National Park 5-ounce silver bullion coins was
exhausted, with 40,000 coins recorded sold since they went on sale
Aug. 29. The Mint still has an undisclosed inventory of 2016 Harpers
Ferry National Historical Park and Fort Moultrie (Fort Sumter National
Monument) 5-ounce silver bullion coins available that will remain on
sale, even into 2017 if inventory of struck coins remains.
Through Dec. 6, the U.S. Mint recorded sales of 38,100 of the
Harpers Ferry coin and 27,800 of the Fort Moultrie coin.