Daily Archives: September 30, 2009

Bullion American Eagle Gold and Silver Coins ended September in shining fashion, but recent demand has mostly weakened for collector proof and uncirculated coins. That is, except for uncirculated 2009 Presidential Dollar Sets. Their sales inexplicably blasted off like a rocket.

These and more highlights follow:

• Bullion American Gold Eagles marked the end of the month by registering the 3rd best September since 1986 with 115,500. The month was also the 4th best of this year -- just missing the 3rd slot by a mere 501. At year's end, 2009 annual eagles sales should rank 4th or 5th best of all time. One million is within very close reach. 954,000 is the current count.

• 2009 bullion American Silver Eagles have already assured their place in history. It is the second best September ever for the coins, but more impressively, annual sales are locking in to a record all time high. 20,467,500 silver eagles have already been sold this year. 2008-dated eagles earned the top spot last year with 20,583,000. Say goodbye to that, and soon.

• For no apparent rhyme or reason, Presidential $1 Coin Uncirculated Sets exploded. The tally soared 11,217 to 85,478. At $15.95 a pop, the Mint pulled in a cool $179,000. Last week's report showed a sleeping increase of just 1,278. As mentioned before, the US Mint Fall catalog arrived on collector's doorsteps to help boost sales, but other coins/sets didn't have similar astronomical, above and beyond increases. This one is a bit of a mystery.

Read the rest of this numismatic news article »