• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • NORTH AMERICA EDITION
    Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • NORTH AMERICA EDITION
    North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Silver Market
Silver News
Silver Stocks
Silver Price
  • Silver Market
  • Silver News
  • Silver Stocks
  • Silver Price
market news

US Mint Reports Best February American Eagle Silver Coin Sales

Charlotte McLeod
Mar. 11, 2016 04:53PM PST
Silver Investing

SilverSeek.com reported that last month, the US Mint achieved the best sales of American Eagle silver bullion coins that it’s ever seen for the month of February. During the period, the mint sold 4,782,000 coins.

SilverSeek.com reported that last month, the US Mint achieved the best sales of American Eagle silver bullion coins that it’s ever seen for the month of February. During the period, the mint sold 4,782,000 coins.
As quoted in the market news:

What is most stunning about this performance is the fact that it comes at a time when the mint is rationing sales of these rounds, and limiting their supply to wholesalers.
What this means is evident: these numbers would have been even higher if the free market allowed them to be. Perhaps we could have even broken all records and experienced the coin’s top-performing month of all time. It is an incredibly likely possibility.
It has been reported that the mint’s distributors have been buying hand over fist, purchasing every last round that has been made available to them. This showcases the incredible demand that exists in the physical silver market, and downplays the farce that is the paper silver markets.
In fact, demand was so intense that in the last month of February, when the mint announced they would be releasing 1 million rounds for the week, distributors bought 73.7% of the whole week’s supply by the end of the first day.

Click here to read the full SilverSeek.com report.

silver market market news silver bullion us mint
The Conversation (0)

Go Deeper

AI Powered
Silver bars and US$100 bills with a rising chart overlay.

Silver Price Surges Above US$44 Following Fed Rate Decision

Closeup of a silver coin edge.

Silver Price Surges Above US$48, Approaches All-time High

Latest News

RETRANSMISSION: Blackrock Silver Closes C$15 Million Private Placement Led By a C$7 Million Investment from Eric Sprott

Prismo Metals to Increase Hot Breccia Interest to 95%, Secures Option for Full Control

Blackrock Silver Closes C$15 Million Private Placement Led By a C$7 Million Investment from Eric Sprott

LAURION Intersects High-Grade Gold, Silver and Zinc at Ishkoday A-Zone/McLeod/CRK Zone, Confirming Structural Continuity Along Mineralized Corridor

Prismo Metals Announces Assay & IP Survey Results at Silver King

More News

Outlook Reports

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
    • Electric Vehicles
  • Agriculture
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Energy
    • Uranium
    • Oil and Gas
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Robotics
    • Crypto
    • Cleantech
Life Science
    • Biotech
    • Cannabis
    • Pharmaceuticals

Featured Stocks

More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES