American Silver Eagle Bullion Coins Rebound in August 2012 Sales

September 4, 2012 by · Leave a Comment 

2012 American Silver Eagle Bullion Coin

Supported by a 12.6% increase in U.S. silver prices, interest in American Silver Eagle bullion coins surged in August as purchases of the investment-grade coins rose 26% over previous month.

Sales of 2,870,000 qualified the month as the second best August in the 26-year history of the American Silver Eagle program, falling right behind sales from one year ago.

The following table provides a breakdown of past sales during the month.

Top August Months for American Silver Eagle Bullion Coins

Rank Year Sales
1 August 2011 3,679,500
2 August 2012 2,870,000
3 August 2010 2,451,000
4 August 2009 2,130,000
5 August 2008 1,813,000

 

As the chart below shows, August 2012 sales trailed January’s 6,107,000 and May’s 2,875,000.

2012 American Silver Eagle Bullion Coin Sales

Rank Month Sales
1 January 6,107,000
2 May 2,875,000
3 August 2,870,000
4 June 2,858,000
5 March 2,542,000
6 July 2,278,000
7 April 1,520,000
8 February 1,490,000
Total 22,540,000

 

Demand for American Silver Eagles has been strong the last few years and 2012 is already a top-five year with sales of 22,540,000. While 2012 is not likely to race to the number one slot, it has achieved the number four position with still four months left in the year. 2011 became the banner year when the American Silver Eagle attained the title of best ever with an annual total of 39,868,500.

Sales of 2012 America the Beautiful 5 Ounce Silver Bullion Coins

Also competing for silver investors’ money were America the Beautiful 5 Ounce Silver Bullion Coins. Sales for these large coins grew to 19,400 for a total of 97,000 ounces — the best month this year.

Buyers were most fond of the coin honoring Chaco Culture National Historical Park of New Mexico. It advanced 9,600 to 17,000. Next was the most recently issued silver coin honoring Acadia National Park in Maine with its 5,200 advance to 15,100.

The following grid offers August and all-time figures for those America the Beautiful 5 Ounce Silver Bullion Coins offered by the U.S. Mint.

  August Sales All-Time Total
2012 El Yunque National Forest 5 oz. Silver Bullion Coins 3,500 16,700
2012 Chaco Culture National Historical Park 5 oz. Silver Bullion Coins 9,600 17,000
2012 Acadia National Park 5 oz. Silver Bullion Coins 5,200 15,100
2011 Olympic National Park 5 oz. Silver Bullion Coins 400 85,900
2011 Vicksburg National Military Park 5 oz. Silver Bullion Coins 400 39,500
2011 Chickasaw Park 5 oz. Silver Bullion Coins 300 29,700
TOTAL 19,400 203,900

 

Recent Collector Silver Coin Sales

In collector silver coins, appearing from the United States Mint on Thursday, August 2, 2012 was the American Silver Eagle Uncirculated Coin. Since its debut, the U.S. Mint has sold a total of 5,075.

A few days later, on August 7, the U.S. Mint released the Making American History Coin and Currency Set which includes one 2012-S Proof American Silver Eagle and a Series 2009 $5 bill. Sales of the set reached 33,878.

Finally, the U.S. Mint released the 2012-P Acadia National Park 5 Ounce Silver Uncirculated Coin on August 13, 2012. In two and a half weeks, 7,626 have been ordered.

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