Friday, December 23, 2011

2011 US Gold Eagle Mint Sales Hit 1 Million Ounces, Silver Eagle Sales Near 40 Million

United States Mint logoWith 6 business days remaining in 2011, US Silver Eagle sales are at 39,868,500, only 131,500 ounces away from 40 million ounces sold for 2011. 
Month to date the US Mint has sold just over 2 million ounces, putting sales totals on pace to end 2011 at approximately 40,600,000, shattering the mint's 2010 record sales total of 34,662,500 ounces.

US Mint Gold Eagle sales for 2011 have hit exactly 1,000,000 ounces sold (includes 1oz, half, quarter, and 1/10th oz coins- total number of coins sold=1.48 million).
Unlike Silver Eagle sales which smashed previous records, 2011 Gold Eagle sales are actually down 20% from 2010 which saw 1.22 million ounces sold, and down 30% from 2009, which saw 1.435 million ounces sold. 
Also of interest, the US Mint has not produced a single fractional gold eagle during the month of December- when the average small-time investor would be looking to purchase fractional gold for holiday gifts.  Coincidence? 


2011 Silver Sales Totals (in ounces / number of coins)
Month One
( oz. / #coins )
January 6,422,000
6,422,000
February 3,240,000
3,240,000
March 2,767,000
2,767,000
April 2,819,000
2,819,000
May 3,653,500
3,653,500
June 3,402,000
3,402,000
July 2,968,000
2,968,000
August 3,679,500
3,679,500
September 4,460,500
4,460,500
October 3,064,000
3,064,000
November 1,384,000
1,384,000
December 2,009,000
2,009,000
Total 39,868,500
39,868,500


2011 Gold Sales Totals (in ounces / number of coins)
Month One
( oz. / #coins )
Half
( oz. / #coins )
Quarter
( oz. / #coins )
Tenth
( oz. / #coins )
Total
( oz. / #coins )
January 130,500
130,500
500
1,000
500
2,000
2,000
20,000
133,500
153,500
February 72,500
72,500
6,000
12,000
4,000
16,000
10,000
100,000
92,500
200,500
March 60,500
60,500
4,000
8,000
5,000
20,000
4,000
40,000
73,500
128,500
April 94,500
94,500
6,000
12,000
3,500
14,000
4,000
40,000
108,000
160,500
May 93,500
93,500
11,000
22,000
1,000
4,000
1,500
15,000
107,000
134,500
June 56,000
56,000
0
0
2,000
8,000
3,500
35,000
61,500
99,000
July 61,500
61,500
1,500
3,000
0
0
1,500
15,000
64,500
79,500
August 103,500
103,500
1,500
3,000
1,500
6,000
5,500
55,000
112,000
167,500
September 87,500
87,500
500
1,000
500
2,000
2,500
25,000
91,000
115,500
October 46,000
46,000
1,500
3,000
1,500
6,000
1,000
10,000
50,000
65,000
November 38,500
38,500
0
0
1,000
4,000
1,500
15,000
41,000
57,500
December 65,500
65,500
0
0
0
0
0
0
65,500
65,500
Total 910,000
910,000
32,500
65,000
20,500
82,000
37,000
370,000
1,000,000
1,427,000