US Mint Bullion Sales in 2020
Demand for United States Mint bullion coins soared in March. The U.S. Mint’s core bullion products logged milestone monthly highs with: sales of American Gold Eagles the best since November 2016, sales of American Silver Eagles the strongest since January 2017, and sales of American Gold Buffalos the highest since January 2013. In headline comparisons:
American Eagle gold coins reached 142,000 ounces in March, posting increases of 1,928.6% from the 7,000 ounces sold in February and 1,134.8% from the 11,500 ounces sold in March 2019. In the first quarter, American Gold Eagle sales at 209,000 ounces are 14.7% higher than the 90,000 ounces delivered during the first three months of last year.
American Eagle silver coins rose by 4,832,500 ounces in March, marking gains of 643.5% from February’s total of 650,000 ounces and 468.5% from the 850,000 ounces moved in March of last year. American Silver Eagle sales for the year so far at 9,328,500 coins are 34.7% higher than the 6,925,000 coins sold through the same time in 2020. (Note: Silver Eagle sales in February 2019 were stunted when the coins temporarily sold out. However, the coins also temporarily sold out earlier this month and were subsequently rationed.)
American Buffalo gold coins surged by 47,500 ounces in March, lifting their year-to-date total of 69,500 ounces. In 2019, March sales of the coins totaled 5,500 ounces and their starting three-month level reached 35,000 ounces.
American Platinum Eagles advanced in March by 6,200 coins for a first quarter total of 30,000 coins. Last year’s edition garnered March sales of 4,000 coins for a starting three-month total of 33,500 coins.
Below is a sales breakdown of U.S. Mint bullion products with columns listing the number of coins sold during varying periods.
| US Mint Bullion Sales (# of coins) | ||||||
|---|---|---|---|---|---|---|
| Tuesday / This Week | Last Week | January | February | March | 2020 Sales | |
| $50 American Eagle 1 Oz Gold Coin | 0 | 50,000 | 38,000 | 3,500 | 123,500 | 165,000 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 5,000 | 23,000 | 2,000 | 8,000 | 33,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 14,000 | 18,000 | 2,000 | 20,000 | 40,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 25,000 | 60,000 | 20,000 | 95,000 | 175,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 2,000 | 21,000 | 1,000 | 47,500 | 69,500 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 1,650,000 | 3,846,000 | 650,000 | 4,832,500 | 9,328,500 |
| $1 American Eagle 1 Oz Platinum Coin | ||||||
