CHICAGO (Reuters) – U.S. Mint sales of American Eagle gold and silver coins dropped to their lowest in 11 years during 2018, U.S. Mint data showed on Monday, as investors favored higher-yielding assets, despite global stock and bond market volatility late in the year.
Total 2018 sales of American Eagle gold coins sold by the U.S. Mint reached 245,500 ounces, the lowest on a year-over-year basis since 2007. The Mint sold 3,000 ounces of gold coins in December, 85.4 percent lower than November sales, the data showed.
Silver - Coin - Sales - Ounces - Basis
Silver coin sales were 15.7 million ounces, also the lowest since 2007 on an annual basis, according to the U.S. Mint. December American Eagle silver coin sales reached 490,000 ounces, down 70.2 percent from the month prior.
Investors concentrated on buying more older coins at lower premiums, U.S. dealers...
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