Bullion Exempt from Trump’s 10% Tariff on All Countries

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The National Coin & Bullion Association (NCBA) has announced that bullion is exempt from President Trump’s sweeping tariff scheme. The President last week announced a baseline 10% tariff on all countries. Fortunately, bullion will be exempt. The National Coin & Bullion Association (NCBA) is pleased to announce a significant victory for the numismatic and bullion community: gold, silver, platinum, and palladium are exempt from the 10% baseline tariff on imports from all countries, set to …

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United States Mint Ends 2021 American Eagle Bullion Coins Production

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The United States Mint has announced the end of American Eagle bullion coin product for 2021. The final production of 2021 dated Eagles, both gold and silver, have been completed and production of 2022 dated Eagle bullion coins has begun. Final allocations to Authorized Purchasers have also been made for the 2021 dated coins. The allocations of American Eagle Gold Bullion coins to Authorized Purchasers come with the stipulation that their purchase commitments must be …

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United States Mint Bullion Sales Report – July 19, 2021

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The United States Mint has updated its daily bullion sales report through to today, July 19, 2021. The bullion sales report reflects bullion coins that the Mint sold to Authorized Purchasers for the previous week and is different than the weekly numismatic product report. This week’s report shows that the Mint sold 716,500 bullion coins to Authorized Purchasers. This is down significantly from last week’s total of over 3 million but that report contained a significant …

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United States Mint Bullion Sales Report – March 29, 2021

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The United States Mint has updated its daily bullion sales reports through to this morning, Monday, March 29, 2021. Overall, the United States Mint sold 878,000 bullion coins in the last five business days, with the American Eagle silver bullion coin leading the way with 850,000 coins sold. For the year, 11,268,500 American Eagle silver bullion coins have been purchased by Authorized purchases through to March 29, 2021. That is well above the sales pace …

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United States Mint Bullion Sales Report – March 8, 2021

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The United States Mint has updated its daily Bullion Sales Report through this morning, March 8, 2021. For the previous week, the Mint sold 829,000 bullion coins to Authorized Purchasers, with the vast majority of those sales being the American Eagle silver bullion one ounce coin. Of the 829,000 coins sold, the silver American Eagle accounted for 761,000 of those sales. That pushed the total sales of the coin to 8.72 million coins for the …

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United States Mint Bullion Sales Report – March 1, 2021

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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 …

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United States Mint Bullion Sales Report – February 22, 2021

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The United States Mint has updated its daily bullions sales report through the beginning of February 22, 2021. The Mint in the past week sold another 71,500 bullion coins, pushing the total sales to just shy of 8 million for the year. As previously reported, this far outpaces the already outstanding year of 2020 for the Mint with sales likely not to diminish any time soon. For the American Eagle silver bullion coin, 680,000 of …

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United States Mint Bullion Sales Report – February 15, 2021

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The United States Mint has updated its daily sales report of bullion sales through to this morning, February 15, 2021. The report shows that the Mint in the last week has sold 539,500 bullion coins across the American Eagle and American Buffalo bullion coin products. The report reflects the continued demand for bullion from the United States Mint to be at a record pace. The single largest selling bullion product through to January 15, 2021 …

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An Extraordinary 48 Hours of Bullion Sales

2020-W American Eagle Uncirculated One Ounce Gold Coin (Image Courtesty of The United States Mint)

The past 48 hours have been extraordinary for those who sell bullion. It all started with a group on Reddit, the same group that focused on Game Stop stock last week, turned their attention to precious metal – specifically silver. It led to a rush to buy as much bullion as available with many companies having to halt sales over the weekend. The Mint on Monday was no exception to this rush. When the push …

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Mint End Production of 2020 American Eagle Silver Coins

2020-W American Eagle Silver 1-Ounce Coin (Image Courtesy of The US Mint)

The United States Mint has informed companies in the Authorized Purchaser program of bullion coins that it has ceased production of the 2020 American Eagle silver coins. While demand remains strong for bullion products from the Mint, preparation for production of the 2021 “ASE” has now been started to meet demands early next year. The Mint informed Authorized Purchasers via email and American Precious Metals Exchange (APMEX) posted the news via their Twitter account. What …

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