United States Mint bullion sales accelerated in July for gold products but slowed for American Silver Eagles. Directionally, their year-to-date bullion sales matched well compared to the same period last year with gold sales higher and silver sales lower.
American Eagle gold bullion coins advanced 64,500 ounces in July, registering gains of 24% from 52,000 ounces in June and 10.3% from 58,500 ounces in July 2021. American Gold Eagle sales for the year so far at 806,000 ounces are 13.3% higher than the 711,500 ounces sold during the same period last year.
American Eagle silver bullion sales increased by 850,000 ounces, representing declines of 8.1% from 925,000 ounces in June and 72.6% from 3,104,000 ounces in July 2021. 2022 American Silver Eagle sales at 11,556,500 ounces are 39.2% lower than the 19,010,500 ounces sold during the first seven months of last year.
American Buffalo gold bullion sales rose 39,500 ounces in July, marking gains of 83.7% from 21,500 ounces in June and 172.4% from 14,500 ounces in July 2021. American Gold Buffalo sales for the year at 299,000 ounces are 43.8% higher than the 208,000 ounces sold in the same period last year.
July sales of the 1-ounce American Eagle platinum bullion coins moved up by 15,500 following gains of 23,500 in June; 14,500 ounces in March; and 25,800 in February. Their year-to-date sales of 79,000 coins now top last year’s edition which registered increases of 35,000 in March and 40,000 in May for a 2021 total of 75,000 coins.
Below is a sales breakdown of US Mint bullion products with columns listing the number of coins sold during varying periods.
|US Mint Bullion Sales (# of coins)|
|$50 American Eagle 1 Oz Gold Coin||123,500||86,000||140,500||80,500||164,500||31,000||59,500||685,500|
|$25 American Eagle 1/2 Oz Gold Coin||45,000||0||5,000||3,000||7,000||6,000||5,000||71,000|
|$10 American Eagle 1/4 Oz Gold Coin||64,000||4,000||20,000||14,000||8,000||18,000||2,000||130,000|
|$5 American Eagle 1/10 Oz Gold Coin||195,000||25,000||75,000||25,000||50,000||135,000||20,000||525,000|
|$50 American Buffalo 1 Oz Gold Coin||61,500||28,500||64,500||27,500||56,000||21,500||39,500||299,000|
|$1 American Eagle 1 Oz Silver Coin||5,001,000||1,500,000||1,080,500||850,000||1,350,000||925,000||850,000||11,556,500|
|$100 American Eagle 1 Oz Platinum Coin||0||25,800||14,200||0||0||23,500||15,500||79,000|