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Are American Eagle Bullion Coin Sales Taking a Breather?

Discussion in 'PM's - Coins - Numis - Base Metals' started by SongSungAU, Sep 20, 2016.



  1. SongSungAU

    SongSungAU Midas Member Midas Member

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    Looks like the steam kind of ran out compared to the last couple of years?

    SE160920.jpg

    The red boxes indicate the record months since the program started in 1986. The December record is still held by 1986 at 3,696,000.
     
    stonedywankanobe and savvydon like this.
  2. Scorpio

    Scorpio Скорпион Founding Member Board Elder Site Mgr Site Supporter ++

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    nice chart,

    wonder if that money rolled over to other products or out of the market?
     
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  3. stonedywankanobe

    stonedywankanobe Gold Member Gold Chaser

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    Thinking the rallie silver had this year put pressure on high er premium constitutional coins.
    Come wide brim hat time these same folks will be found wanting imho.
     
  4. tekhen

    tekhen Seeker Seeker

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    No they are not... but paper gold is.
    Overall, those who 'invest/insure' their fiat into gold eagles will continue to do so. From what I've read over the years, I would assume that many do not purchase the actual coin but purchase he coin through IRAs.
    Paper gold then effects the sale of the actual coinage.
    Collectors however will continue to purchase but I do not know the collector numbers.
    As far as investors are concerned, it is unfortunate that the fiat is weighed more than the actual weight in troy ounces.
     

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