by the United States
Mint to its authorized purchasers (APs) of 2014 American
Eagle 1-ounce silver bullion dollar coins resumed Nov. 17, 12 days
after being suspended because of a depleted inventory.
resumed after the U.S. Mint was able to replenish its stockpile of
coins. The U.S. Mint had 1,525,000 of the 2014 American Eagles silver
dollars available Nov. 17 for APs to purchase on an allocation basis,
and those purchasers bought 1,012,000 coins from the total allotted.
U.S. Mint has experienced significantly increased investment demand
over the past several weeks. Through the close of business Nov. 17,
the Mint recorded cumulative sales of 40,393,000 of the silver
American Eagles. Sales of the coins in 2014 are on track to break the
2013 sales record of 42,675,000 coins. (Cumulative sales may include
coins minted in more than one year, so are not the same as yearly mintages.)
bullion coins are not sold directly to the public, but through a
series of authorized purchasers who buy the coins for the closing spot
price of the metal per troy ounce on a given day plus a premium of $2
per coin. The coins may the be sold to the public and other dealers
for a small markup.
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