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noiselesskingdo48
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U.S. Mint gold coin sales on track for biggest annual drop since 2006 | Reuters
NEW YORK Dec 29 U.S. Mint American Eagle gold

coin sales are on track to fall nearly 40 percent in 2014, the

biggest drop in eight years as prices failed to appreciate,

User Image - Blocked by "Display Image" Settings. Click to show.

discouraging purchases.

U.S. Mint data on Monday showed gold coin sales reached

524,500 ounces in 2014 so far, down from 856,500 ounces in 2013.

http://www.youtube.com/watch?v=UE7QcVN5tC8

Hospitality House

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16-20 South Cumberland Street

Off Merrion Square

Dublin 2, Ireland

Ph: 01-2547901

coin wholesaler

based in Dallas that distributes to dealers and institutional

investors.

"In my opinion, more gold eagles were sold back in 2014 than

in any other previous year."

In January, the U.S. Mint began to mix 2014 coins with

2013-dated coins on a one-for-one basis, pressuring 2014-dated

coin sales.

Sales of silver coins were at 44 million ounces so far this

year, up slightly from 42.7 million ounces in 2013, Mint data

showed.

(Reporting by Marcy Nicholson; Editing by Nick Zieminski)

http://www.reuters.com/article/2014/12/29/usmint-gold-idUSL1N0UD0WH20141229




 
 
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