The U.S. Mint's
authorized purchasers bought 29 percent fewer American Eagle 1-ounce
silver bullion coins in May than in April. Sales of American
Eagle gold bullion coins dropped 27 percent over the same period.
The Mint has yet to begin offering any 2015 American Eagle 1-ounce
platinum bullion coins for sale. The platinum bullion coins were last
offered in October 2014.
The U.S. Mint recorded May sales of 2,023,500 American Eagle silver
dollar bullion coins, down 828,000 coins from the 2,851,500 coins it
reported sold in April.
During the first five months of calendar year 2015, the U.S. Mint
recorded sales of 16,946,000 American Eagle silver dollar bullion
coins. Another 775,000 coins were sold during the first two days of June.
January is currently the highest sales month, with 5.53 million of
the silver coins sold. The current monthly sales average of 3,389,200
coins is slower than the Mint's record pace of 2014, when a record
44,006,000 silver American Eagles were sold.
American Eagle gold bullion coin sales totaled 21,500 ounces in May,
down 8,000 ounces from April. May sales reflect 13,500 ounces in
1-ounce coins; 1,500 ounces in half-ounce coins (3,000 coins); 2,500
ounces in quarter-ounce coins (10,000 coins) and 4,000 ounces in
tenth-ounce coins (40,000 coins).
American Eagle bullion coins are not sold directly to the general
public from the U.S. Mint. The coins are sold to the network of authorized purchasers who acquire the coins at
the closing p.m. price on the metals market on a given day plus a
small premium. The coins are then resold to other dealers and the
public for small markups.
More from CoinWorld.com:
American Buffalo bullion coin sales lagging behind previous years
announces sales of Rudman Colonial Mexican coins collection
Russian notes bear hammer and sickle symbol of former Soviet Union
1893 commemorative coin found in roll 122 years after issue
The one that got away: Rare coins used at face value
Keep up with all of CoinWorld.com's news and insights by
up for our free eNewsletters
liking us on Facebook
us on Twitter
. We're also on