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    market news

    US Mint Reports 40-percent Leap in American Eagle Silver Coin Sales

    Charlotte McLeod
    Nov. 03, 2014 09:04AM PST
    Silver Investing

    Bloomberg reported that in October, the US Mint’s American Eagle silver coin sales jumped 40 percent, hitting a 21-month high.

    Bloomberg reported that in October, the US Mint’s American Eagle silver coin sales jumped 40 percent, hitting a 21-month high.

    As quoted in the market news:

    Sales surged to 5.79 million ounces, the most since January 2013, the month that set an all-time high at 7.5 million. Today, sales jumped 33 percent in one of the busiest times this year, Tom Jurkowsky, a spokesman at the Washington-based mint, said in an interview. Last month’s total was 4.14 million.

    Michael Kramer, president of MTB Inc., commented:

    We saw demand surge over the past two days. Business was almost triple than what it has been over the past few months.

    Click here to read the full Bloomberg report.

    market newsus mint
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