American Eagle Silver Bullion Coins on Track to Set Sales Record

Mineweb reported that the US Mint has now sold more American Eagle silver bullion coins in 2013 than it did for all of 2012. Meanwhile, American Eagle gold bullion coin sales dropped to a six-year low in August.

As quoted in the market news:

As of August 31^st, sales of American Eagle silver bullion coins surpassed full-year 2012 total American Eagle silver bullion sales of 33,074,000 ounces, despite the fact the U.S. Mint suspended sales of silver coins for more than a week in January 2013 due to lack of inventory.

The annual record for American Eagle silver bullion coin sales was set in 2011 at a total of 39,868,000 ounces.

The silver bullion coins also experienced their second strongest August ever in the history of the series at 3,625,000 ounces last month, up 26.3% compared to 2,870,000 ounces in August 2012.

Click here to read the full Mineweb report.