U.S. Mint Reports Increase in American Eagle Silver Bullion Sales for May


Stack of American Eagle Silver Bullion Coins

In May, sales of American Eagle and Buffalo gold bullion coins from the United States Mint slowed significantly. For American Gold Eagles, this deceleration resulted in their year-to-date total nearly aligning with the level of the previous year.

Meanwhile, sales of the Mint’s silver bullion coins picked up for the month, although the increase was not substantial enough to significantly impact their overall slower performance compared to last year.

Sales of American Eagle gold bullion coins in May amounted to 85,500 ounces, marking a decline of 49.7% from the prior month’s 170,000 ounces and a 51.1% decrease compared to May 2022’s sales of 175,000 ounces. Year-to-date sales of 691,000 ounces show a marginal 0.2% increase from the 689,500 ounces sold during the same period last year.

After three consecutive months of sales at 900,000 ounces, buyers snapped up 1,593,000 ounces of American Eagle silver bullion coins in May. This figure represents a 77% increase from April and an 18% increase from the 1.35 million ounces sold in May 2022. Despite the monthly jump, sales of the coin have declined by 15.7% to 8,242,000 ounces compared to the 9,781,500 ounces sold sold during the same timeframe last year.

In May, sales of American Buffalo gold bullion rose by 47,000 ounces, experiencing a decline of 23% from April’s 61,000 ounces and a 16.1% decrease from the 56,000 ounces sold in May 2022. Year-to-date sales of American Gold Buffalo have reached 259,500 ounces, representing a 9% increase from the 238,000 ounces sold during the first five months of last year.

The U.S. Mint released the 2023-dated American Platinum Eagle bullion coin in March, with 7,500 ounces purchased. In April, an additional 500 ounces were added, and another 1,200 ounces were added in May, bringing the cumulative total to 9,200 ounces. In contrast, last year’s 2022 platinum coin was released a month earlier and saw 25,800 ounces sold in February, followed by 14,200 ounces in March, with no further purchases in April or May, resulting in a total of 40,000 ounces sold during that period.

Here is a sales breakdown of U.S. Mint bullion products showing the number of coins sold during different periods.

U.S. Mint Bullion Sales (# of coins)
May 2022 April 2023 May 2023 2023 Sales
$50 American Eagle 1 Oz Gold Coin 164,500 159,000 60,500 590,500
$25 American Eagle 1/2 Oz Gold Coin 7,000 8,000 18,000 72,000
$10 American Eagle 1/4 Oz Gold Coin 8,000 12,000 32,000 128,000
$5 American Eagle 1/10 Oz Gold Coin 50,000 35,000 80,000 325,000
$50 American Buffalo 1 Oz Gold Coin 56,000 61,000 47,000 259,500
$1 American Eagle 1 Oz Silver Coin 1,350,000 900,000 1,593,000 8,242,000
$100 American Eagle 1 Oz Platinum Coin 0 500 1,200 9,200
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Seth Riesling


So very true. The U.S. Mint’s bullion version coin Authorized Purchasers who get to purchase the ASE $1 coins at only $2.35 per ounce over spot silver price directly from the Mint are on a “corporate welfare” program IMHO that gives those “annointed” 13 coin dealer companies a government benefit no other company or person gets. I’m sure they are laughing all the way to the bank & pinching themselves at their unbelievable “favorite son” situation in this regard.


Frankie Fontaine

You are so correct Kaiser. This insider welfare program is a joke and the mint has created a collusive environment where the AP$ charge whatever they want- only game in town if u Jones for ASE me, I pass@$12+ over spot $10 profit PER COIN FOR,THE APS…..

Frankie Fontaine

That’s fine Kaiser, but collusion’s and monopolies support the AP astronomical profits, $200 on a roll, WTF. I USED to buy a lot of mint stuff, a huge Mint supporter & promoter, telling people about it. But, I got rewarded by having my pal in Mai get the 17 Enhanced reverse while ️was caught in mint hell…. The result has been many years of BS website & “remind me” bs. I quit, the Mint is dead to me, love to bytch and watch the games; Other nations silver is $5 or less over spot these days,Imwomder of the AP kick… Read more »

Domenic Vaiasicca

I buy ONE ASE bullion coin a year just to add to my book. I dropped subscribing to the proof and unc version “W” coins and now just have the “S” subscribed along with this years morgans and peace.

Frankie Fontaine

Perhap$ the Ag spot price may convince some APs to cut their $11 above spot margin. Still too high, Maple’s have dropped as have most. Too bad no direct ASE ROll sales to us common folk

sam tweedy

Ok “Old Ladies” Time for your “BIG” “NAP” Your long overdue!!!! YIKES!!!

sam tweedy

Always remember, Iron Mike Mezack, and Rick Tomaska- Mr. “ebay” have got your back!! Just Understand!!!

sam tweedy

“FORREST” is still “RUNNING” FAR FAR AWAY FROM THE “U S MINT”. There is still lots of time to get in line so go for it!!!>>>>>>>>>>>>>>>>>>>>>>>!!!!!>>>>>>>>>>>>>>>>>!!!!