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Bullion demand overshadows other sales

Gold buyers seemed to be firmly focused on the one-ounce American Eagle gold bullion coin rather than collectible versions of the precious metal.

The one-ounce Eagle sales number jumped by 44,500 to bring the December tally to 107,000 coins and the cumulative 2009 sales total to 1,300,500.

Sales of the Ultra High Relief Saint-Gaudens gold $20 rose by just 1,384 coins. The Christmas holiday occurred during the sales period and many collectors probably were not thinking of purchasing a UHR during their holiday observance.

Buyers of proof Buffaloes were even less active. Just 522 pieces were sold in the latest reporting week.

The Mint sold 675,000 silver American Eagles. This brings the December total to 2,525,000 coins and the yearly total to 28,518,000 pieces. Sales of the 2009 coins could extend into 2010 if the Mint has any left to sell.

More Resources:

2010 U.S. Coin Digest, The Complete Guide to Current Market Values, 8th ed.

State Quarters Deluxe Folder By Warmans

Standard Guide to Small-Size U.S. Paper Money, 1928 to Date

Strike It Rich with Pocket Change, 2nd Edition

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