Monthly Archives: June 2009
Hobby Leaders Discuss Anti-Counterfeiting Actions
Numismatic News: Cherrypicking Coins, Lincoln Dollars, Larry Stevens
US Mint Gold Coin Price Increases
Gold Eagle Bullion Coin Sales Ratchet Back to 5th Best May
Demand for 2009 Eagle Gold Bullion Coins has declined to the lowest level of the year, but sales still recorded the 5th best May ever for a series that dates back to 1986. Further, 2009 continues to be the strongest year of sales for the bullion coins since the Y2K safe-haven buying in 1999.
Gold Eagle Bullion Coin Sales in May (1986-2009)
The US Mint reported selling 65,000 American Eagle Gold Bullion coins in May. Historically, the month has never been exceedingly strong for the series, and 2009 is no different despite its record start. Sales dropped by more than half compared to April, which was the best performing month of the year with 147,500 eagles sold. Still, May trailed only behind same month sales in 2004, 1999, 1998, and 1987.