Strong February Sales for 2013 American Silver Eagle Coins
February sales of American Eagle gold and silver bullion coins slowed from January but were sharply higher from a year ago.
^ American Silver Eagle Records!
No one logically expected United States Mint bullion sales in February to surpass those from January. The start of a year tends to be a superb time for American Eagles since that is when newly dated coins debut. It is the year-over-year totals that impress, especially for silver bullion, as shown in the following table.
The previous high was in Feb 2011 with 3,240,000 oz of ASE sold. This year’s is all time high of 3,368,500 oz.
| American Eagle Year-Over-Year February Sales 2004-2013 | ||
|---|---|---|
| Gold Eagle (oz) | Silver Eagles (oz) | |
| Feb 2013 | 80,500 | 3,368,500 |
| Feb 2012 | 21,000 | 1,490,000 |
| Feb 2011 | 92,500 | 3,240,000 |
| Feb 2010 | 84,000 | 2,050,000 |
| Feb 2009 | 113,500 | 2,125,000 |
| Feb 2008 | 27,500 | 200,000 |
| Feb 2007 | 4,000 | 500,000 |
| Feb 2006 | 31,500 | 993,000 |
| Feb 2005 | 26,000 | 500,000 |
| Feb 2004 | 55,500 | 1,281,000 |
2013 American Eagle Silver Bullion Coins
U.S. Mint American Eagle silver coins notched strong sales even as buyers were limited in how many they could order. With initial Silver Eagle supplies sold out for a time in January, the U.S. Mint continues to ration dealer buying while it rebuilds inventory.
February sales of bullion Silver Eagles hit 3,358,500 coins, which was down more than half from January’s all-time monthly sales record of 7,498,000. Yet, the level is more than double the sales of 1,490,000 from February of last year. The series of 99.9% pure silver coins launched in 1986. Last month was the strongest February on the books.
| January, February and YTD 2012 & 2013 U.S. Mint Bullion Coin Sales | |||
|---|---|---|---|
| Jan 2013 | Feb 2013 | YTD 2013 | |
| American Eagle Silver Coin | 7,498,000 | 3,3685,000 | 10,866,500 |
| Jan 2012 | Feb 2012 | YTD 2012 | |
| American Eagle Silver Coin | 6,107,000 | 1,490,000 | 7,597,000 |
Adapted from:
http://www.coinnews.net/2013/03/04/2013-american-eagle-bullion-coins-log-strong-february-sales/
http://www.coinnews.net/2012/03/02/american-eagle-gold-silver-bullion-coin-sales-tumble-in-february/
http://www.usmint.gov/mint_programs/american_eagles/?action=sales&year=2013#SilverTotals
There's 1 Comment So Far
Who Linked To This Post?