Will 2014 Gold Eagle Demand Beat 2013?|
January 09, 2014
During the first five days of availability, buyers took 31,000 one-ounce 2014-dated American Eagle bullion coins and 20,000 one-ounce 2014-dated gold Buffalo bullion coins.
However, both numbers were put in the shade by initial demand for tenth-ounce American Eagle bullion coins. The Mint’s Authorized Purchasers grabbed 80,000 of those.
Also sold as of Jan. 7 were 4,000 2014 half-ounce American Eagles and 10,000 quarter-ounce Eagles.
Even though the Mint allowed its Authorized Purchasers to buy only 2014 dates if they wanted to, demand was also in evidence for 2013-dated coins in the opening days of 2014.
Here buyers took 50,000 2013-one-ounce Eagles, 10,000 half-ounce Eagles, 14,000 quarter-ounce Eagles and 60,000 tenth-ounce coins. For Buffaloes, the number of 2013-dated coins that went out the door was 16,000.
Combined, demand for one-ounce Eagle coins totaled 81,000 compared to 124,500 for the whole month of January 2013.
As of Jan. 7, the Mint had orders for 3,937,000 2014-dated silver American Eagle bullion coins. Delivery was to start Jan. 13.
In all of January 2013, the Mint sold 7,498,000 silver Eagles.
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.
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