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Mint Stats: Platinum Eagle sales already equal 2016

PlatinumAmEagle

(Image courtesy http://www.kitco.com)

If there was any excitement in bullion Eagle sales this week it was probably due to the platinum version. The Mint has sold 20,000, which equals the sales figure for all of 2016. What’s more, last year the platinum coin did not even become available until July. Offering the new one-ounce 2017 coin in January probably gets the benefit of the new date excitement that surrounds the gold and silver Eagles this time of year.

Silver Eagle sales in the past week were an anemic 325,000 ounces. That is not a result that sets investor hearts racing. Gold did relatively better, but it, too, is losing momentum. It looks like January 2017 bullion gold and silver Eagle sales will have a tough time reaching 2016 levels.

The Mint is still finalizing numbers so it is hard to justify removing the 2016 commemoratives from this space yet. However, that leaves the 2017 Lions dollar out of luck for space. So far 23,349 proofs and 7,107 uncirculateds have been sold out of a possible 400,000.

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This article was originally printed in Numismatic News. >> Subscribe today.

 

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