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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Bill Ounce who wrote (4192)	12/28/1997 12:36:00 PM
From: Bill Ounce	Read Replies (1) of 116762

Dropping gold prices drive up sales of American Eagle coins in November from CoinWorld December 29, 1997 The continuing drop in the price of spot gold to below the $300-an-ounce mark has propelled to record levels November sales of Uncirculated gold American Eagles by the United States Mint. Sales of 84,000 ounces of gold American Eagles [...] The increased activity pushed calendar year 1997 sales to 629,250 ounces of gold Uncirculated Eagles. [...] Silver American Eagle sales reached 2,765,000 coins. [Don't think these numbers include proof Eagles] [...] Since the launch of the American Eagle coin program in late 1986, the Mint has sold 7,226,500 ounces of gold Uncirculated American Eagles. [...] Silver American Eagle sales have totaled 68,536,500 coins.

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