American Gold Coin Sales Through the Roof

03 Jun

American Gold Coin Sales Through the Roof

Investors are turning to Gold Eagles in the Bidenflation era!

Thanks to sky-high inflation, the US getting deeper into a European war, gas prices at all-time highs, and possible food shortages in development, Americans in big numbers turned to US American Eagle gold coins for safety.

In May, the US mint sold 147,000 ounces of American Eagle gold coins of various denominations, but mostly the popular one-ounce denomination.  That represents a 67 percent increase from April sales, and an impressive 617 percent increase from May 2021 sales totals.

So far in 2022, US Mint Gold Eagle sales have totaled 661,500.  That’s an increase of 40.5 percent for the same period in 2021.

American Gold Eagle coins are the world’s foremost bullion coins with more than 22 million ounces sold since 1986.  The US Mint describes bullion coins this way:

A bullion coin is an investment-grade coin that is valued by the weight and fineness of a specific precious metal. Unlike commemorative or numismatic coins valued by limited mintage, rarity, condition, and age, bullion coins are purchased by investors seeking a simple and tangible means to own and invest in the gold, silver, platinum, and palladium markets.

American Eagle Gold Bullion Coins are available in four sizes: one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce. American Eagle Silver, Platinum, Palladium, and American Buffalo Gold Bullion Coins are available in one-ounce sizes.

To invest in American Gold Eagle coins and other popular gold and silver wealth preservation products, speak with a knowledgeable Republic Monetary Exchange advisor today.