The United States Mint has updated its daily bullion sales report through to this morning, Monday, March 1, 2021. Overall the Mint sold 402,000 bullion coins in the previous week, the bulk of those being the American Eagle silver bullion coin.
Overall, the Mint sold 390,500 silver American Eagles last week, pushing the total sales of that bullion coin to 7.966 million for all of 2021. That is a blistering rate of nearly 4 million coins in the first two months of the year and puts the mint on pace to sell nearly 48 million ounces this year. While a dip is certainly likely, the demand for bullion has clearly remained strong in the first 60 days of 2021. For the month of February, the Mint sold 3.191 million silver American Eagles.
2,500 American Eagle gold 1-ounce bullion were sold last week according the Mint. That puts the total sales of the coins at 312,000 for 2021, 121,000 of which were sold in February. Like its silver counterpart, the gold 1-ounce bullion coin is on a torrid pace so far this year. With 312,500 coins sold this year, it has already sold 41.8% of the entire total of 2020 which was 747,500 coins. At the current sales pace, the Mint is set to sell 1.8 million gold American Eagle 1-ounce coins this year.
For the American Eagle gold 1/2-ounce coin, an additional 9,000 of these coins were sold last week. That was the total sales for February and puts the total sales for the year at 31,000 coins. Meanwhile, there were no sales of gold 1/25th and 1/10th ounce American Eagles in February.
Finally, there were no sales of the American Buffalo gold bullion coin last week. That means that the total sales for February were 16,000 coins and for the year, there have been 77,500 coins sold.
Product | 2/22/2021 | 3/1/2021 | Coins Sold |
American Eagle – Silver | 7,576,000 | 7,966,500 | 390,500 |
American Eagle – Gold 1-Ounce | 309,500 | 312,000 | 2,500 |
American Eagle – Gold 1/2 Ounce | 22,000 | 31,000 | 9,000 |
American Eagle – Gold 1/25 Ounce | 36,000 | 36,000 | 0 |
American Eagle – Gold – 1/10 Ounce | 95,000 | 95,000 | 0 |
American Buffalo | 77,500 | 77,500 | 0 |
Total Bullion Coins Sold | 8,116,000 | 8,518,000 | 402,000 |
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.