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| Above, 2023 American Silver Eagle proof set. Photo by Armand Vaquer. |
When I bought my American Silver Eagle proof set at the National Money Show in Phoenix in March from the U.S. Mint booth, it had only been days after the coins were released. The set was signed by Mint Director Ventris C. Gibson.
Since then, sales of the gold and silver American Eagles has been brisk, although the silver version lags from the previous year's sales during the same period.
Coin News reported:
Sales of American Eagle and Buffalo gold bullion coins from the U.S. Mint decreased in April after a strong performance in March, but their year-to-date totals have significantly exceeded those from the first four months of last year.
Meanwhile, sales of the U.S. Mint’s silver bullion coins remained steady for a third consecutive month in April and continued to lag behind their performance during the same period last year.
In April, sales of American Eagle gold bullion coins totaled 170,000 ounces, a 20.9% decrease from March’s highest monthly sales since January 2021 of 215,000 ounces. Nonetheless, it still reflects a 93.2% increase compared to April 2022’s sales of 88,000 ounces. Year-to-date sales of 605,500 ounces show a 17.7% increase from the 514,500 ounces sold during the same period last year.
For the third consecutive month, American Eagle silver bullion sales increased by 900,000 ounces, marking a 5.9% rise from April 2022’s 850,000 ounces. Nevertheless, sales have declined by 21.1% to 6,649,000 ounces year-to-date, compared to the 8,431,500 ounces sold during the same period last year.
To read more, go here.
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