With three and a half weeks left for calendar year 2014 production,
Mint sales of American Eagle 1-ounce, .999 fine silver bullion
coins are projected to shatter the sales record set in 2013.
Through Dec. 2, 2014, the U.S. Mint recorded sales of 42,209,500 —
just 465,500 coins shy of the record 42,675,000 coins sold in 2013.
Sales of the American Eagle silver bullion coins have been averaging
more than 3.7 million coins per month. Should that pace continue
through the end of December, calendar year 2014 sales would exceed 45
INFOGRAPHIC: How are 2014 U.S. Mint bullion sales through November?
Although expecting to strike 2014-dated coins to meet investment
demand, the U.S. Mint still contemplates offering 2015-dated American
Eagle silver bullion coins sometime during the first two weeks of January.
Calendar year 2014 sales include two monthly sales totals above 5
million coins — 5,354,000 in March and 5,790,000 in October.
The highest monthly sales total recorded by the U.S. Mint since the
American Eagle silver bullion coins were introduced in November 1986
is from January 2013, when 7,498,000 coins were sold.
January is traditionally the strongest sales months for the American
Eagle bullion coins, as that’s the month when the new year’s coins are
Sales include demand from collectors and investors.
Bullion coins struck by the U.S. Mint are not
sold directly to the public. The coins are sold to a network of
authorized purchasers, priced at the day's closing London PM silver
spot price plus a small premium per coin.
These authorized purchasers sell the coins to collectors, investors
and other dealers.
More bullion coverage from CoinWorld.com:
U.S. Mint sales of American Eagle gold bullion coins fall well
behind 2013 levels
Mint reports sellouts for Proof 2014-W American Buffalo gold,
Uncirculated 2014-W American Eagle silver coin
judge sentences Liberty Dollar creator Dec. 2 to probation for
More from CoinWorld.com:
love finding coins bearing the 'CC' Mint mark from the Carson City Mint
reimagines Lincoln cent with portrait of Ronald Reagan
drops maximum edition on four-coin silver Kennedy half dollar sets
Langbord family present oral arguments as Philadelphia Court of
Appeals hears 1933 $20 case
Newman Collection Indian Head cent sold for only $42?
Keep up with all of CoinWorld.com's news and insights by signing
up for our free eNewsletters, liking
us on Facebook, and following us on Twitter. We're also on Instagram!