The Full Jan 2016 US Mint Sales Report

USMintJust how much gold and silver did the US Mint sell in January 2016 compared to historical data? 

 

Submitted by Smaulgld

Silver and Gold Sales at the U.S. Mint in January 2016.

Sales of American Silver Eagle Coins in January were 5,926,500.

January American Silver Eagle sales limited by U.S. Mint allocations to its Authorized Purchasers.

Sales of American Silver Eagles in January 2016 were 7.2% greater than January 2015 sales and were the fourth largest January monthly sales ever.

Sales of one ounce American Gold Eagle Coins in January were 89,000.

Sales of one ounce American Gold Eagles in January 2016 were 73% greater than January 2015 sales.

Total ounces of American Gold Eagles sold, including one tenth, quarter and half ounce coins, were the sixth highest ever in the thirty year history of the American Gold Eagle coin program.

The Silver to Gold Sales Ratio January 2015: The U.S. Mint sold 66.59 times more American Silver Eagles than one ounce American Gold Eagles in November.

US Mint Sold 156,500 ounces of gold In January – 50% More than COMEX has listed as registered in its warehouses.

January 2016 American Silver Eagle Sales at the U.S. Mint

The U.S. Mint Sold 5,926,500 American Silver Eagles in January 2016

January 2016 American Silver Eagle sales were up 154% from December 2015. (5,926,500 vs. 2,333,500)

January sales of American Silver Eagles were fourth largest ever in the coin’s thirty year history.

january sales of american silver eagles  1987-2016

Retail and Wholesale Premiums on American Silver Eagle Coins

Premiums on American Silver Eagle coins have stabilized since the Great Silver Shortage of 2015.

american silver eagle premiums january 29 2016

 

In January 2016, the U.S. Mint sold 5,926,500 one ounce American Silver Eagles up 154%from 2,333,500 American Silver Eagles sold in December 2015 and up 7.2% from 5,530,000 American Silver Eagles sold in January 2015.

American Silver Eagle Sales Set Record a the Third Year In a Row in 2015

The U.S. Mint sold 47,000,00 American Silver Eagles coins in 2015. This topped the record of 44,006,000 silver eagles sold in 2014, which in turn topped the record 42,675,000 sold in 2013.

If American Silver Eagle sales continue at a pace 7.2% higher than last year’s sales, the U.S. Mint will sell over 50,000,000 silver eagles in 2016.

Another American Silver Eagle Record Brewing?

American Silver Eagle annaul sales 1986-2015

January 2016 Gold Sales at the U.S. Mint

The U.S. Mint Sold 89,000 ounce American Gold Eagles in January 2015

January 2016 American Gold Eagles sales of 89,000 were up 72% from 51,500 sold in January 2015. NO American Gold eagle coins were sold in December 2015.

january sales of american gold eagle coins 1987-2016

The United State Mint sold a total of 293,000 American Gold Eagles in January 2016including fractional 1/10, 1/4 and 1/2 ounce and one ounce coins, up 33% from January 2015 (when 220,500 American Gold Eagles were sold). Total sales from all American Gold Eagle coins totaled 124,000 ounces of gold up 53% from 81,000 ounces of gold sold in 2015.

If sales of one ounce American Gold Eagle coins continue at a pace 72% higher than last year, sales would top one million, the first time since 2010.

American Gold Eagle sales 1986 - 2015 chart

Total January 2016 Gold Bullion Sales at the U.S. Mint: 156,500 ounces, including 204,000 fractional ounce gold Eagles (totaling 35,000 ounces) and 32,500 24K one ounce Buffalo gold coins*.

 

January 2016 Sales of American Gold Buffalo Coins

The U.S. Mint sold 32,500 one ounce American Gold Buffalo coins in January, down 5.8% from 34,500 sold in January 2015. Despite the slight decline from January 2015, January 2016 sales were higher than seven of the past eleven years.

january gold buffalo sales 2006-2016

The American Gold Buffalo coin has increased in popularity in recent years.

American gold buffalo coin sales 2006-2015

 

The Gold Silver Ratio January 2015

Chart showing how many ounces of silver it takes to buy one ounce of gold – January 2016:

January 2015 – January 2016 Gold Silver Ratio

Gold silver ratio January 2016 chart

 

The Silver to Gold Sales Ratio

Sales of American Silver Eagles outpaced sales of American Gold Eagles by 66.59 to one in January 2016. In January 2015 the silver to gold sales ratio was 107.38 to 1.

The silver to gold sales ratio is measured by the sales of physical gold bullion vs. sales of physical silver bullion at the U.S. Mint. We track the sales of one ounce American Gold Eagles vs. one ounce American Silver Eagles.

American silver eagle coins sales compared to sales of one ounce american gold eagle coins 2008-2015

America The Beautiful Update

The U.S. Mint has not yet released the first America the Beautiful silver five ounce coin. The U.S. Mint is scheduled to release five America the Beautiful silver coins in 2015, including Shawnee National Forest, Cumberland Gap National Historical Park, Harpers Ferry National Historical Park, Theodore Roosevelt National Park and Fort Sumter National Monument.

In 2015 the U.S. Mint sold 212,500 America the Beautiful silver five ounce coins for a total of 1.060,000 ounces of silver.

In 2014, the U.S. Mint sold 135,300 American the Beautiful silver five ounce coins for a total of 676,500 ounces sold.

In 2013, the U.S. Mint sold 160,000 silver America the Beautiful five ounce coins for a total of 800,000 ounces sold.

america the beautiful silver five ounce coin sales 2010-2015

America The Beautiful Silver Bullion Coins for sale

On January 29, 2016 at 9:15 PM EST:

Silver was $14.23 per ounce

Silver Price Average in January: $14.02 vs $17.10 an ounce in January 2015 (18% lower)
Silver Price Average in 2013: $23.79
Silver Price Average in 2014: $20.05
Silver Price Average in 2015: $17.10

Gold was $1117.80 per ounce
Gold Price Average in January: $1097.37 vs. $1251.88 an ounce in January 2015 (12.3% lower)
Gold Price Average in 2013: $1412.05
Gold Price Average in 2014: $1290.70
Gold Price Average in 2015: $1251.85

Sources: Kitco and United States Mint

*In January 2016, the U.S. Mint also sold:23,000 one half ounce gold American Eagle coins, 36,000 one quarter ounce gold American Eagle coins and 145,000 one tenth ounce gold American Eagle coins (a total of 35,000 ounces in fractional gold Eagles coins) Including the 89,000 one ounce gold American Eagle coins, the Mint sold 124,000 ounces of gold American Eagle coins and 32,500 one ounce Gold Buffalo coins for a total of 156,500 ounces of gold sold.

 

Silver Rounds SD Bullion