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Slower Sales of Silver Eagles Help U.S. Mint Build Up Inventory

June 20, 2016 in Blogs, Coins, Coins for sale, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

By: Dan Holmes Mint News Blog (http://mintnewsblog.com)

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Today, the U.S. Mint stated that it has an inventory of 2,204,500 American Eagle silver bullion coins available for sale to its authorized purchasers (AP’s) this week. This is by far the largest weekly allocation of Silver Eagles we’ve seen the Mint offer this year, excepting the week of January 11, during which four million ounces of 2016-dated coins debuted following a four-week sales hiatus.

Although the Mint’s production of these issues has held steady and even increased in some cases, the larger allocation is mostly the result of the slackening sales numbers posted in… Full article at the source>

Source: Mint News Blog (http://mintnewsblog.com)

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