American Eagle coins hit five-year low in 2012
Despite the best sales since 1998 in December 2012, American Eagle gold coin sales were weak for the year as a whole.
Terry Hanlon, president of Dillon Gage Metals, one of the largest U.S. bullion dealers, told Reuters investors had turned in December to the safe-haven of gold due to political and economic uncertainties in the country.
"The U.S. election played a big role. And then we had the 'fiscal cliff' and everybody jumped on the bandwagon," he said, although adding sales were brisk at the start of the new year.