• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • 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 marketmarket newssilver bullionus mint
    The Conversation (0)

    Go Deeper

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

    Silver Price Surges Above US$40 for First Time Since 2011

    US Mint Sold 42,675,000 American Eagle Silver Bullion Coins in 2013

    Latest News

    Rio Silver Announces Proposed Shares for Debt Transaction

    LaFleur Minerals Advances Swanson Confirmation Drilling to Support Beacon Mill Restart and PEA

    LaFleur Minerals Announces Brokered Private Placement of Gold-Linked Convertible Notes to Finance Restart of Gold Production at Beacon Gold Mill

    Nine Mile Metals Announces Phase 3 XRF High-Grade Results up to 26.14% Copper with 1.03% Antimony from the Upper Pre Drill Area at the Wedge Copper - Gold Project, BMC, NB

    Prismo Metals Provided Extensions on Hot Breccia Copper Project

    More News

    Outlook Reports world

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

    Featured Stocks

    More featured stocks

    Browse Companies

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