Friday 8 August 2014

Numismatic Silver Coin Sales Slow, Bullion Sales Surge!

In the weekly United States Mint sales stats report, sales cooled for most silver coins and sets. Only one collector and one bullion coin were able to out-sell their previous week’s gains among silver products.


It is probably not surprising that they were the Proof Silver Eagle and bullion Silver Eagle.
Stacks of American Eagle Silver Coins

Sales of bullion Silver Eagles are the strongest in three months. One reason for general sales pull back may be attributed to the high selling activity during the previous week, and another is the typical slowness of the summer season.

This round’s best collectible silver coin seller was the 2014-W Proof Silver Eagle, which jumped by 6,063. Its prior growth was 5,893.

Following in the Silver Eagle’s shadow, the 2014 Silver Proof Set added 4,585 compared to 6,860 previously, and the 2014-Uncirculated Silver Eagle advanced by 1,166 versus 2,293 previously.

Demand for bullion American Silver Eagles soared to start of the month. After adding just 285,000 in the previous week, U.S.

Mint authorized purchasers placed orders for 1,005,000 over these last few days. This week’s sales are the strongest in three months. Year-to-date sales total 27,058,500.

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