The United States
Mint reported Nov. 2 that the bureau had sold 763,500 American
Eagle silver bullion coins from its weekly allocation of 1,187,000 coins.
The Nov. 2 sales brings the calendar year 2015 sales total to authorized purchasers to 40,606,000 coins.
During the first 10 months of 2015, the Mint has been averaging
monthly sales of 3,984,250 coins. For the same 10-month period in
2014, the monthly sales average was 3,812,500 coins, enroute to a
calendar-year sales record of 44,006,000 coins.
American Eagle silver bullion coins are not directly sold by the
U.S. Mint to the public. Instead, they are sold through a network of
12 authorized purchasers in the United States and Europe who purchase
the coins from the Mint based on the closing London PM spot price per
troy ounce on a given day plus a $2 per coin premium. The coins are
then sold at a small markup to other dealers and the public.