Canadian Maple Leaf Sales Beat All Records
BY STEVE ST. ANGELO 08/29/2013
According to the information just released by the Royal Canadian Mint, sales of Gold & Silver Maples are beating all records. Not only are Canadian Maple sales surpassing its own previous records, Gold Maple Leaf sales actually out performed U.S. Gold Eagles during the second quarter of 2013.
The Royal Canadian Mint just published its Q2 2013 Fiscal Report showing that it sold 403,000 oz of Gold Maples in the 13 week period ending on June 29th, 2013 compared to 165,000 during the same period last year. Furthermore, Silver Maple Leaf sales increased to 6.4 million Q2 2013 compared to 4 million in Q2 2012.
Here we can see that Silver Maple sales have increased 60% y.o.y (year over year) while Gold Maples are up a staggering 144%. As mentioned above, what is even more surprising is that Gold Maples have surpassed Gold Eagles during this time period.
The U.S. Mint sold 336,500 oz in Gold Eagles during the second quarter of 2013, whereas the Royal Canadian Mint recorded 403,000 in sales. Gold Maple sales were 20% higher than Gold Eagles during Q2 2013.