U.S. Mint Records Sales of 310,000 Gold Eagle Coins

June 17, 2010 - The U.S. Mint released the 22-carat American fractional Gold Eagle coins on June 10, and by June 15, they reported sales of 310,000. According to a Coin News report, this equals a staggering 48,500 ounces of gold. While these sales figures seem lower than the sales for 2009 Gold Eagles, when 345,000 were sold in just one day following their release in December 2009, there’s a valid reason for this. This year, there’s a ration imposed on collectors restricting the number of Gold Eagle coins they can order. The overall demand for Gold Eagles, however, continues to rise.

This year’s sale so far has seen 28,000 half-ounce Gold Eagle discs, 42,000 quarter-ounce coins and 240,000 1/10 ounce versions. These Gold Eagle coins are generally offered along with the larger one-ounce coins the year around. In the last two years, the U.S. Mint has focused on the one-ounce coins, delaying the release of the fractional coins. In fact, the fractional Gold Eagles were released in December last year.

In the meantime, as the world is eager to know who will win the FIFA World Cup in South Africa, the Royal Canadian Mint proudly announced that it is the exclusive Canadian retailer of gold and silver coins produced by the South African Mint to celebrate the world’s favorite soccer tournament!

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Joshua Harris

Senior Staff Writer - Gold-Eagle.org