January U.S. Mint Bullion Sales Comparison

2016 American Silver Eagles sales have started off the new year with a bang. They’ve since cooled off a little, but beginning on January 11th, the sales for Silver Eagles were on a tear. As of January 25th, American Silver Eagle bullion sales topped 5,727,000 ounces for the month of January. That is more than any single month in all of 2015. It is also 63,000 coins away from 2014’s highest monthly total of 5,790,000 – a number which will surely be surpassed.

Since 2015 holds the record for most Silver Eagles ever sold in a year and 2014 holding that record the year prior, it is safe to say that 2016’s start looks to carry the strong sales figures moving forward. Although a strong January start does not guarantee a strong yearly total, it definitely can’t hurt. There are always other market forces at play that determine the sentiment of the bullion market.

If you look at the January sales totals for 2013 you will see that they started off on a torrid pace. Meanwhile, 2014 and 2015 had January sales totals of 2-3 million units less than 2013, but but both finished the year better.

Below is a chart showing January bullion sales of various U.S. Mint bullion coins. Keep in mind the figure for January 2016 is not yet complete as we still have some time before the month is over.

American Eagle 1 oz. Silver Coins Sold In January
Year	Ounces Sold
2011	6,422,000
2012	6,107,000
2013	7,498,000
2014	4,775,000
2015	5,530,000
2016	5,727,000*	*incomplete month

 

American Eagle 1 oz. Gold  Coins Sold In January
Year	Ounces Sold
2011	133,500
2012	127,000
2013	150,000
2014	91,500
2015	81,000
2016	112,000*	*incomplete month

American Gold Buffalo 1 oz. Coins Sold in January
Year	Ounces Sold
2011	0
2012	13,500
2013	72,500
2014	41,500
2015	34,500
2016	30,000*	*incomplete month