Precious Metals Report: A Modest Slowdown for Silver Eagles

April 5, 2016 in Bullion, Coins, Coins for sale, Collecting, Gold, Gold Coins, Investing, 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 purchasers did not buy all of last week’s one-million-ounce allocation of American Eagle silver bullion coins, leaving 42,500 pieces unsold as of Friday evening. The Mint has added those coins to a new million-ounce inventory, bringing this week’s available total for Silver Eagles to 1,042,500. The Mint remains on pace to have its biggest sales year ever for silver bullion, and has already exceeded 31.8% of last year’s record-breaking total of 47 million ounces of Silver Eagles sold.

Gold has dropped $6.00 an ounce since this time last week, and is currently listed at $1,215.00, according to… Full article at the source>

Source: (Coin Update News)

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