2010 Silver Eagle Bullion Coin Sales Leap to Annual Record

By Michael Pennington © Copyright 2010 Pennco Coins

As of Thursday, November 4, the United States Mint had sold more American Silver Eagle bullion coins in 2010 than in any other year of the coin’s history.

U.S. Mint buyers ordered 3.15 million of the .999 fine silver coins in October, breaking a streak of four straight monthly declines. October sales combined with the already 255,000 sold in November (150,000 of those on Thursday) lifted 2010 Silver Eagle bullion coin sales to 28,885,500.

That was enough to topple the 28,766,500 tally which was the previous annual record set in 2009.
With nearly two months still left in the year, the annual record total will climb by several more million. Consider that five of the ten months gone by this year have had 3+ million sales, as the below table highlights. That bodes well when combined with the fact that November and December are traditionally among the strongest months of the year for gold and silver bullion coins.

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This entry was posted in Buffalo, Bullion, Coin, Dollar, Eagle, Federal Reserve, Gold, Gold to Silver Ratio, Government, Investment, Maple, Mint, Palladium, Peso, Philharmonic, Platinum, Silver, Tax and tagged , , , , , , , , , , . Bookmark the permalink.

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