Gold Coin Sales Up in 2016. Buy or Sell?


Attached is the chart of American Eagle Bullion Sales for this year.  Interestly, 985000 ounces of Gold Eagles were sold while over 37 million Silver Eagles were sold.  Silver eagle demand has apparently been very strong this year.  And only 20 thousand ounces of  platinum were sold!  Clearly the rarest coins of the year in the American Eagle series.

DATA Credit:  http://usmint.gov

AMERICAN EAGLE GOLD, SILVER, AND PLATINUM BULLION SALES – BY MONTH
TOTAL
817,500 817,500 37,000 74,000 38,000 152,000 92,500 925,000 985,000 1,968,500
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37,701,500 37,701,500
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20,000 20,000
CALENDAR YEAR – 2016
GOLD TOTALS
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SILVER TOTALS
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PLATINUM TOTALS
MONTH
ONE
OUNCE
HALF
OUNCE
QUARTER
OUNCE
TENTH
OUNCE
TOTAL
GOLD SALES
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SILVER
(ONE OUNCE)
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PLATINUM
(ONE OUNCE)
Ounces Sold
# of Coins Sold
Ounces
Sold
# of Coins Sold
Ounces Sold
# of Coins Sold
Ounces Sold
# of Coins Sold
Ounces Sold
# of Coins Sold
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Ounces Sold
# of Coins Sold
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Ounces Sold
# of Coins
Sold
——————————————————————————————————
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——————————-
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———————
JANUARY 89,000 89,000 11,500 23,000 9,000 36,000 14,500 145,000 124,000 293,000
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5,954,500 5,954,500
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0 0
FEBRUARY 67,500 67,500 3,000 6,000 3,000 12,000 10,000 100,000 83,500 185,500
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4,782,000 4,782,000
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0 0
MARCH 29,000 29,000 500 1,000 1,000 4,000 7,500 75,000 38,000 109,000
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4,106,000 4,106,000
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0 0
APRIL 93,500 93,500 3,000 6,000 3,500 14,000 5,500 55,000 105,500 168,500
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4,072,000 4,072,000
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0 0
MAY 64,500 64,500 3,500 7,000 2,500 10,000 6,000 60,000 76,500 141,500
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4,498,500 4,498,500
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0 0
JUNE 62,500 62,500 1,500 3,000 2,500 10,000 7,000 70,000 73,500 145,500
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2,837,500 2,837,500
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0 0
JULY 30,000 30,000 1,000 2,000 2,500 10,000 5,000 50,000 38,500 92,000
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1,370,000 1,370,000
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19,000 19,000
AUGUST 50,000 50,000 1,500 3,000 1,000 4,000 6,000 60,000 58,500 117,000
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1,280,000 1,280,000
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1,000 1,000
SEPTEMBER 79,000 79,000 2,500 5,000 4,000 16,000 9,000 90,000 94,500 190,000
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1,675,000 1,675,000
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0 0
OCTOBER 100,500 100,500 4,000 8,000 4,000 16,000 7,500 75,000 116,000 199,500
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3,825,000 3,825,000
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0 0
NOVEMBER 129,000 129,000 3,500 7,000 4,500 18,000 10,500 105,000 147,500 259,000
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3,061,000 3,061,000
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0 0
DECEMBER 23,000 23,000 1,500 3,000 500 2,000 4,000 40,000 29,000 68,000
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240,000 240,000
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0 0
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