NumisMaster Logo
Home
Register
Sign In
Free Newsletter

Collector Info
In Print
Site Map
Gold Eagle Sales Jump to Break Downtrend
By Numismatic News
October 18, 2013

This article was originally printed in Numismatic News.
>> Subscribe today or get your >> Digital Subscription


The five-month downtrend in the sale of one-ounce American Eagle gold bullion coins by the U.S. Mint was broken in October.

As of Oct. 16, the Mint had sold 19,500 one-ounce coins compared to just 8,500 sold in the full month of September.

The September number has proven to be the low point following the April monthly sales high of 187,500.

Investing in Gold Online Seminar
Investing in Gold Online Seminar

Get the facts about gold now, from a source you can trust! Click here to get your seminar today!

Though it is too early to know by how much sales might bounce back, a continuing lull would give the U.S. Mint the opportunity to smoothly switch from production of 2013-dated pieces to coins dated 2014 as this year comes to an end.

That would in turn make the January 2014 sales experience better in terms of meeting the demand from all buyers for the new dates.

Demand was so high in January 2013 that the Mint had to ration coins.

 

 

 

More Coin Collecting Resources:

• Strike it rich with this U.S. coins value pack.

• Get the 2012 Coin of the Year – limited quantities remain!

• Build an impressive collection with Coin Collecting 101.

• IT’S HERE! Order the 2014 North American Coins & Prices.

 



Add to: del.icio.us   digg
With this article: Email to friend   Print


Something to add? Notice an error? Comment on this article.
 



About Us | Contact Us | Privacy | Your data is secure
©2014 F+W Publications, Inc., Iola, Wisconsin. All rights reserved.