US Mint Sets Record for July Sales of American Eagle Silver Bullion

Mineweb reported that the US Mint sold 4,406,500 1-ounce American Eagle silver bullion coins this July, up 93.4 percent from last July. That is a new record for the month.

As quoted in the market news:

For the first seven months of the year, American Eagle Silver bullion coins sales grew at the fastest pace ever as 2013 appears to be well on its way to setting a new annual record for the coins even though a system of coin rationing is still in place.

During the January through July period of this year, total American Silver Eagle sales hit 29,450,000 ounces, a threshold not accomplished until November 5^th of last year. The current annual sales record is 39,868,500 American Silver Eagle Bullion coins sold in 2011 when the 29.45 million silver ounce mark was not achieved until September 2011.

Click here to read the full Mineweb report.