US Mint sales reports show a sharp increase American Eagle gold coins in June.
According to reports, the US Mint sold 26,000 1 oz gold eagles, a 33% increase over the May bullion sales of 19,500 coins.
Sales of 1/10 oz American Eagle gold coins were up roughly 29%, with 36,000 sold compared with 26,500 the previous months.
Sales remain strong for the American Gold Buffalo, with mint reports showing 18,000 1 oz bullion coins sold during June.
US Mint Gold Coin Demand
The US Mint uses a “just in time” method of manufacturing when issuing gold coins. Gold coins are minted based on monthly sales demand from investors. The Mint provides monthly sales reports that show the total number of coins minted in each of the standard denominations.