U.S. Mint Bullion Sales Pick Up in October 2022

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American Silver Eagle, 2015
The U.S. Mint in October sold 1,258,000 bullion American Silver Eagles

The United States Mint recorded stronger sales in October for their suite of bullion products — American Gold Eagles, American Siler Eagles, and American Gold Buffalos. Year-to-date levels for American Eagles, however, are trailing those from last year.

American Eagle gold bullion coins advanced 62,500 ounces in October, rising 25% from 50,000 ounces in September while falling 59.2% from 153,000 ounces in October 2021. American Gold Eagle sales for the year to date at 970,000 ounces are 9.8% lower than the 1,075,500 ounces sold during the same period last year.

American Eagle silver bullion sales rose by 1,258,000 ounces, marking increases of 51% from 833,000 ounces in the prior month and 16.9% from 1,076,000 ounces in October of last year. 2022 American Silver Eagle sales at 14,497,500 ounces are 45.8% lower than the 26,751,500 ounces sold during the leading ten months of 2021.

American Buffalo gold bullion sales increased by 39,500 ounces, rising 11.2% from 44,500 ounces in September and falling 3.7% from 41,000 ounces in October 2021. American Gold Buffalo sales for the year at 405,500 ounces are 34.9% higher than the 300,500 ounces sold in the same period last year.

August sales of the 1-ounce American Eagle platinum bullion coins were muted for a second month in a row following gains of 1,000 in August; 15,500 in July; 23,500 in June; 14,200 ounces in March; and 25,800 in February. Their year-to-date sales of 80,000 coins tops last year’s edition which posted increases of 35,000 in March and 40,000 in May for a 2021 total of 75,000 coins.

Below is a sales breakdown of U.S. Mint bullion products with columns listing the number of coins sold during varying periods.

July to October 2022 US Mint Bullion Sales (# of coins)
July Aug Sept Oct 2022 Sales
$50 American Eagle 1 Oz Gold Coin 59,500 47,500 47,500 59,500 840,000
$25 American Eagle 1/2 Oz Gold Coin 5,000 2,000 0 2,000 75,000
$10 American Eagle 1/4 Oz Gold Coin 2,000 4,000 4,000 2,000 140,000
$5 American Eagle 1/10 Oz Gold Coin 20,000 20,000 15,000 15,000 575,000
$50 American Buffalo 1 Oz Gold Coin 39,500 22,500 44,500 39,500 405,500
$1 American Eagle 1 Oz Silver Coin 850,000 850,000 833,000 1,258,000 14,497,500
$100 American Eagle 1 Oz Platinum Coin 15,500 1,000 0 0 80,000

 

January – June 2022 US Mint Bullion Sales (# of coins)
Jan Feb March April May June
$50 American Eagle 1 Oz Gold Coin 123,500 86,000 140,500 80,500 164,500 31,000
$25 American Eagle 1/2 Oz Gold Coin 45,000 0 5,000 3,000 7,000 6,000
$10 American Eagle 1/4 Oz Gold Coin 64,000 4,000 20,000 14,000 8,000 18,000
$5 American Eagle 1/10 Oz Gold Coin 195,000 25,000 75,000 25,000 50,000 135,000
$50 American Buffalo 1 Oz Gold Coin 61,500 28,500 64,500 27,500 56,000 21,500
$1 American Eagle 1 Oz Silver Coin 5,001,000 1,500,000 1,080,500 850,000 1,350,000 925,000
$100 American Eagle 1 Oz Platinum Coin 0 25,800 14,200 0 0 23,500
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