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Why Buying Silver Coins is One of the Hottest Trends of 2013

February 15, 2013 in Coins, Investing, Silver, Silver Coins

Money Morning Staff reports– February 14, 2013 (http://moneymorning.com)

So far in 2013, buying silver coins has been one of investors’ favorite ways to profit from a climb in the white metal’s price.

The demand for physical silver from small investors in the form of coins is really remarkable. A record 7.5 million ounces of silver coins were sold in January.

In mid-January, the U.S. Mint was forced to announce that it was forced to suspend sales of the 1-ounce American Eagle silver bullion coins because, after just two weeks, it was sold out of its entire inventory.

Silver bullion coin sales were strong going into the close of last year as investors became concerned over the state of the U.S. economy with Congress debating the fiscal cliff and the debt ceiling.

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