US Mint Achieves Record Silver Eagle Sales in November

US Mint Achieves Record Silver Eagle Sales in November

Dec 7, 2010

2010 Silver EaglesThe United States Mint sold more American Silver Eagle bullion coins during November 2010, than any other month in the history of the program.

Total sales for the month measured 4,260,000. In addition to establishing a new record high, exceeding the previous record high set in December 1986, this also marked the first monthly total above 4 million.

Previously US Mint Silver Eagle bullion sales had been interrupted or rationed due to planchet supplies. The Mint must have increased their supply and are now able to meet a much higher level of demand.

2010 Silver Eagle Bullion Sales

January 3,592,500
February 2,050,000
March 3,381,000
April 2,507,500
May 3,636,500
June 3,001,000
July 2,981,000
August 2,451,000
September 1,880,000
October 3,150,000
November 4,260,000
Total 32,890,500

At the end of November, year to date sales have reached 32,890,500. This is well above last year’s annual total of 28,766,500.

On the horizon, is the release of a second silver bullion series from the US Mint. The America the Beautiful 5 oz. Silver Bullion Coins were set to be released December 6, 2010, although recent reports say the series has been delayed. Will the series eventually have a meaningful impact on the amount of silver sold by the US Mint?

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