US gold coin sales increasing

Demand for gold bullion coins increased during June, new figures from the US Mint have revealed.

According to Coin News, statistics show that last month was the third best of the year so far for sales of American Eagle gold coins.

A total of 116,000 were purchased during June, nearly double the 65,000 that were bought in May.

However, the figure was behind the 147,500 that was recorded in April and the 136,500 sold in March.

A total of 670,500 have now been sold in the country since the start of the year and the news source noted that many are bought as investment purchases.

The figures also revealed an increase in demand for 2009 Ultra High Relief Double Eagle gold coins, with sales of these climbing to 68,114.

In related news, a coin museum in the US state of Georgia recently announced that it is to produce a second run of limited edition coins made from the precious metal.
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