CoinWeek/Louis Golino/1-24-2022
“Bullion coin sales were the best in over 20 years almost doubling in total revenue from $2.1 billion in 2020 to $3.8 billion in 2021. Increased demand for bullion products was led by increases of 70.5% and 57.1% in sales of total ounces of American Gold Eagles and American Buffalo Gold coins respectively. Sales of Silver Eagles increased by 62.4% (again in total ounces sold), while American Platinum Eagle sales rose by 33.9%.”
USAGOLD note: Rangebound pricing, bargain hunting, and the inflation outlook were prime contributors to the U.S. Mint’s outstanding year.
