More Than 1 Million Silver Eagles Sold in Last Three Days

April 14, 2016 in Bullion, Coins, Coins for sale, Collecting, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

By: Coin Update (Coin Update News)


The U.S. Mint’s authorized buyers have purchased this week’s entire 1,036,000-ounce allocation of American Eagle Silver bullion coins in just three days, bringing this year’s overall sales total for the issues to 17,000,000 one-ounce coins sold.

This development is particularly striking as the Mint’s weekly allocations have not sold out in recent weeks, and it looked for a moment that the supply of Silver Eagles might finally be starting to outpace demand for the issues. But the value of silver has shown signs of strength this week, climbing to a near six-month high today at $15.98 an ounce, which Full article at the source>

Source: (Coin Update News)

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