There were 50,000 ounces in gold added to American Eagle production figures. Most of that quantity went into one-ounce coins, though the tenth-ounce coin total doubled. Silver Eagles almost doubled, too.
As silver vaulted over the $30 mark to reach almost $31 a troy ounce, there was a noticeable drop in demand for bullion silver American Eagle coins. Just 100,000 more were purchased this week to bring the running total for August to 2,121,000.
It might be the holidays approaching. It might be increased investor interest. Demand for the American Eagles bullion coins seems to be on the upswing.
Buyers of the 2012 clad proof set seem to be quickly satisfied. Demand has fallen to just 18,305 this week to bring the running total to 261,799. At that rate it will take almost four months to double the present number.
For the first time in a couple of weeks, uncirculated 2011-W silver American Eagle collector coin sales rose. The total was up by 8,827 to reach 190,927. The wave of cancelled orders due to the cut in its price has apparently finished washing over these numbers. The total is still fewer than the 194,000 registered in the Sept. 26 Mint report.
There was surprising life in the one-ounce gold American Eagle proof number this week. It rose by 2,023. The other sales options just slogged along slowly. Collectors took only 78 of the half-ounce proofs in the past week while they purchased 120 of the quarter-ounce and 319 of the tenth-ounce pieces. The full set saw sales of an additional 441. None of these results looks like a house on fire, but the one-ounce piece has reached the halfway mark in terms of the maximum number that will be available.
Bullion silver American Eagles have recorded a final 2012 total of 33,742,500. This number is down 6,126,000 coins from the 2011 total. In percentage terms the decline is 15.37 percent.
Sales of uncirculated 2013-W gold American Eagles leaped 18 percent in just one week.