American Gold Eagle Sales Keep Surging

American Gold Eagle Bullion Coins continue selling at a brisk pace, surpassing last year’s production and sales levels, in spite of a challenging year for the gold price. Through the third quarter, sales totaled 1,599,000 American Gold Eagle coins, 37,500 above the comparable period last year, and 211,500 above 2021’s pace. Demand for Gold Eagles has been explosive since 2021 as a growing number of collectors and investors appreciate the beauty and value of the U.S. bullion coins, as well as the ease of purchasing them.

Measured by total ounces sold, 2023 Gold Eagle production and sales through the third quarter totaled 914,500 ounces, 7,000 ounces ahead of 2022’s pace, and nearly equaling 2021’s sales level, which was the strongest in well over a decade. The all-time sales record came in 1999 when the U.S. Mint produced more than five million Gold Eagles, equal to more than two million ounces. 

The U.S. Mint produces Gold Eagles in four weights, one ounce, one-half ounce, one-quarter ounce, and one-tenth of an ounce. The coins are 22-karat gold and composed of 91.67 percent gold, 5.33 percent copper, and 3 percent silver. Since gold is a soft metal, the alloy is added to create a harder, more scratch-resistant coin that can maintain its resale value.

While produced by the U.S. Mint, American Gold Eagle Bullion Coins are sold only through authorized dealers like Nationwide Coin & Bullion Reserve.