Demand drives silver American Eagle to new heights, new record

Total at 44.85 million coins with two weeks of sales remaining
By , Coin World
Published : 12/04/15
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Demand for American Eagle silver bullion coins in 2015 has been like no other in the nearly three decades the coins have been struck and sold by the U.S. Mint.

With only the Dec. 7 and Dec. 14 weekly allocations of silver American Eagles to authorized purchasers remaining, the U.S. Mint has recorded sales thus far of 44.85 million coins.

That’s 844,000 coins more than the Mint sold for all of calendar year 2014, when it set its previous sales record of 44,006,000 coins.

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U.S. Mint officials announced that production of 2015 coins with available blanks will continue through Dec. 7. Officials indicate that the Dec. 7 and 14 weekly allocations are likely to be between 900,000 and 1 million coins each.

Sales of 2016 coins are not scheduled to begin until Jan. 11.

U.S. Mint spokesman Michael White said Dec. 2 that production at the West Point Mint of 2016 silver American Eagles is to begin Dec. 14.

The U.S. Mint allocated 920,500 silver American Eagle bullion coins to its authorized purchasers Nov. 30, with 737,000 of the total sold the same day. The remaining 183,500 coins were reported sold Dec. 1.

Those two days of sales brought the cumulative 2015 total to 44,850,000 and counting. 

Possibly even higher?

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