Two former presidents of the United States are the subjects of the latest products issued by the US Mint.
May 2 saw the presentation of a silver Presidential Medal in honor of the 12th US President Zachary Taylor. In its first week alone of availability, the medal recorded 12,599 sales, which is already up from the James K. Polk Medal that preceded it by more than 600.
Fast forward to more modern times, the 35th US President John F. Kennedy received the annual half-dollar nod bearing his portrait. Released on May 5, the two-roll sets and 200-piece bags of the Kennedy half both reached their product limits.
This week we also have a first look at bullion sales for the month of May. Gold Buffalo sales are reported at 16,500 so far, bringing the year-to-date total to 198,500. Tenth-ounce gold American Eagles took off this month, already doubling the total of their April sales, reaching 50,000 so far in May.
The Silver American Eagles also started the month strong. With 425,000 sales in less than two weeks in May, they reached half of April’s total of 850,000. Year-to-date sales are getting closer and closer to the 10 million mark, with a current total of 8,856,500.