One of the fractional-sized 2015 American Eagle gold bullion coins sold out, the United States Mint announced Friday, Nov. 13. No more will be struck.
American Gold Eagles are produced in sizes of 1 ounce, 1/2 ounce, 1/4 ounce and 1/10 ounce and these correspond to denominations of $50, $25, $10 and $5. The one-quarter ounce or $10 gold coin is no longer available.
"This is to inform you that the United States Mint has sold out of its remaining inventory of 2015 American Eagle One-Quarter Ounce Gold Bullion Coins," the bureau told its authorized distributers Friday. "No additional 2015-dated American Eagle Quarter-Ounce Gold Bullion Coins will be produced."
The U.S. Mint said it will continue to sell its other 2015 bullion Gold Eagles until their inventories are depleted, and that "no additional 2015-dated production will follow after that."
Sales of the $10 Gold Eagle reached 3,000 ounces this month after climbing 1,000 ounces last month. For the year, buyers scooped up 39,500 ounces for 158,000 coins. The figures mark a 33.9% increase over the 29,500 ounces, or 118,000 coins, sold in 2014. The coin is in the middle of the popularity pack with sales higher for the one-tenth ounce and one-ounce coins.
| Month | One ( oz. / #coins ) |
Half ( oz. / #coins ) |
Quarter ( oz. / #coins ) |
Tenth ( oz. / #coins ) |
Total ( oz. / #coins ) |
|---|---|---|---|---|---|
| January | 51,500 51,500 |
9,000 18,000 |
9,000 36,000 |
11,500 115,000 |
81,000 220,500 |
| February | 12,500 12,500 |
1,000 2,000 |
0 0 |
5,000 50,000 |
18,500 64,500 |
| March | 35,000 35,000 |
2,500 5,000 |
2,000 8,000 |
7,000 70,000 |
46,500 118,000 |
| April | 23,500 23,500 |
2,000 4,000 |
1,000 4,000 |
3,000 30,000 |
29,500 61,500 |
| May | 13,500 13,500 |
1,500 3,000 |
2,500 10,000 |
4,000 40,000 |
21,500 66,500 |
| June | 62,500 62,500 |
2,000 4,000 |
3,000 12,000 |
8,500 85,000 |
76,000 163,500 |
| July | 144,500 144,500 |
5,000 10,000 |
7,000 28,000 |
13,500 135,000 |
170,000 317,500 |
| August | 78,500 78,500 |
4,000 8,000 |
6,000 24,000 |
13,000 130,000 |
101,500 240,500 |
| September | 98,500 98,500 |
4,500 9,000 |
5,000 20,000 |
17,500 175,000 |
125,500 302,500 |
| October | 26,000 26,000 |
2,000 4,000 |
1,000 4,000 |
5,000 50,000 |
34,000 84,000 |
| November | 25,000 25,000 |
500 1,000 |
3,000 12,000 |
4,500 45,000 |
33,500 83,500 |
| December | 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
| Total | 571,500 571,500 |
34,000 68,000 |
39,500 158,000 |
92,500 925,000 |
737,500 1,722,000 |
Year-to-date Gold Eagle sales at 737,500 ounces are already 40.6% higher than the 524,500 ounces sold through all last year.
The U.S Mint does not sell American Eagle gold bullion coins directly to the public. They are sold through a network of authorized purchasers who consist of major coin and precious metals dealers, brokerage companies, and other participating financial intermediaries. AP’s must order at least 1,000 ounces at a time and pay premiums above spot that are tied to the gold coin sizes they order. U.S. Mint-charged American Gold Eagle premiums are:
- 1 ounce: 3%
- 1/2 ounce: 5%
- 1/4 ounce: 7%
- 1/10 ounce: 9%
The United States Mint also offers collector editions of American Gold Eagles. They are available in finishes of proof and uncirculated and each bears a ‘W’ mint mark to denote their production in the U.S. Mint at West Point. The bullion editions are also struck at West Point but they lack mint marks.
