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The US Mint’s authorized buyers were able to place orders for the 2021 American Eagle, Reverse of 2021 gold and silver bullion coins from June 28th.
At least one authorized buyer, APMEX, accepted orders for the new American Eagle gold and silver bullion coins with delivery to customers on July 7th in late June.
The coins have new reverse designs, anti-counterfeiting devices, and obverse designs that have been updated from their original 1986 versions.
Orders placed on June 28th were valued on June 29th based on the London PM spot price for gold and silver per troy ounce plus fixed premiums.
Collection from the West Point Mint, where the bullion coins are made, was available on July 1st at the earliest.
For the American Eagle 1 ounce silver bullion, the purchase price of authorized buyers from the mint is the closing price of silver plus a premium of $ 2.25 per coin. Orders are placed in thousands of ounces.
For the gold bullion coins, the purchase price is the closing price of gold on a specific date plus a 3% premium for the 1 ounce coins, spot plus 5% for the half ounce, spot plus 7% for the quarter. Ounce piece and spot plus 9% for the tenth of an ounce coin.
The investment coins can then be resold to secondary market dealers, collectors and investors at a premium.
Kyle Klosinski, Senior Product Manager at APMEX, said, “Most of these products are in the allotment and are only available in very limited quantities to APs at these prices, adding to the high premiums currently in the wholesale / retail markets. â€
According to the US Mint’s website, investment coin sales for the 2021 calendar year have exceeded 13.1 million silver American Eagles, which includes the Reverse of 1986 editions. As of July 1, sales did not include posting the first sales of the Reverse of 2021 issues.
Gold American Eagle sales have reached 475,000 ounces, reflecting 430,500 1-ounce coins, 31,000 half-ounce coins, 56,000 quarter-ounce coins and 150,000 tenth-ounce coins.
Sales of Platinum American Eagle bullion coins are 75,000 1 ounce coins, representing 35,000 pieces in March and an additional 40,000 ounces in May.
As of June 30, 193,500 1 ounce American Buffalo coins had been sold.
Tuskegee Airmen National Historic Site’s 2021 5-ounce silver quarter dollar sales total 53,900 coins; The purchase price of the authorized buyers is spot per troy ounce plus a premium per coin of 11.50 USD.
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