Editors Note: Starting with the February 8, 2021 report, the United States Mint Bullion and United States American Buffalo Bullion sales reports will be combined into one article.
The United States Mint has updated its daily Bullion Sales Report through to this morning, February 8, 2021. It was an extraordinary week for bullion sales with push for bullion, particularly silver, was strong over last weekend and early into the week. All told, the Mint sold 1.685 million bullion coins to their Authorized Purchaser program.
Breaking down the totals, there were 1.621 million American Eagle silver bullion coins sold last week, virtually all of those on Monday, February 2 last week. To put this into perspective, the United States Mint sold 650,000 American Eagle silver bullion coins in all of February 2020. That equals a 149.38% increase year-over-year for the month of February and we are just one week into the month.
Equally, the American Eagle gold bullion 1-ounc coin had an impressive first week of February. 64,500 of the coins were sold last week, an eye-watering 1742% increase year-over-year for February 2020. Last year, just 3,500 of the coins were sold the entire month.
Finally, the American Buffalo gold bullion coin saw 9,000 coins sold over the past week, representing an 800% increase over February 2020.
The Mint clearly enjoyed a strong week in bullion sales and that will likely continue this week, as it has done throughout much of 2020 and early in 2021.
Product | 2/1/2021 | 2/8/2021 | Coins Sold |
American Eagle – Silver | 4,775,000 | 6,396,000 | 1,621,000 |
American Eagle – Gold 1-Ounce | 191,000 | 255,500 | 64,500 |
American Eagle – Gold 1/2 Ounce | 22,000 | 0 | 0 |
American Eagle – Gold 1/25 Ounce | 36,000 | 0 | 0 |
American Eagle – Gold – 1/10 Ounce | 95,000 | 0 | 0 |
American Buffalo | 61,500 | 70,500 | 9,000 |
Total Bullion Coins Sold | 5,119,000 | 6,651,500 | 1,685,500 |
As a reminder to collectors new and old, United States Mint bullion coins are sold to Authorized Purchasers and cannot be directly purchased from the Mint itself. The United States Mint updates is bullion sales report each day at 5:00 PM Eastern. USCoinNews.com publishes a weekly summary of the previous week each Monday. You can find the report on the Mint’s site here as it is available to the public.
The United States Mint updates is American Buffalo bullion sales report each day at 5:00 PM Eastern. USCoinNews.com publishes a weekly summary of the previous week each Monday. You can find the report on the Mint’s site here as it is available to the public.