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Thread: Gold Eagle Sales Fall 72% in 2017

  1. #1



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    Is the premium over spot higher on this coin than those of other countries ? It is just bullion so sales need to be tight to spot and I suppose after a time , high spot prices could limit sales too . Once people have purchased what they intend .

  4. #3
    Quote Originally Posted by oyarde View Post
    Is the premium over spot higher on this coin than those of other countries ? It is just bullion so sales need to be tight to spot and I suppose after a time , high spot prices could limit sales too . Once people have purchased what they intend .
    seems to me a more simply reason- gold sales are not down- US mint/physical gold sales are down- ETF demand is elevated.People are choosing to buy gold via ETFs or at places like gold money or bullion vault rather than owning coins and bars
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  5. #4
    Quote Originally Posted by Smaulgld View Post
    seems to me a more simply reason- gold sales are not down- US mint/physical gold sales are down- ETF demand is elevated.People are choosing to buy gold via ETFs or at places like gold money or bullion vault rather than owning coins and bars
    Sometimes when I am checking spot price on Wed & Fri mornings I see ads on Kitco offerering bars at 11 FRN's over spot . The Grey Sheet lists the Eagle premium at 25 over spot . I thought maybe people were buying other forms . Mostly I deal with older coins although the 1/10 oz and 1/4 oz bullion coins seems to sell very well .

  6. #5
    Personally , I would not be loading up on paper gold , but that could just be me .



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