Tuesday Nudges American Silver Eagles Towards Record

Tuesday Nudges American Silver Eagles Towards Record

[heading]Tuesday Nudges American Silver Eagles Towards Record [/heading]

It makes sense that American Silver Eagles are seeing a spike in demand. This week alone, the US government has almost defaulted. This week alone, one-in-seven Americans were told they might starve this winter. This week alone, JP Morgan has signaled they will institute their own capital controls.

Tuesday saw the negative credit watch decision by Fitch lead to a single day jump in the sales of American Silver Eagles of 749,500, thusly approaching 38 million on the way towards a new annual record.

Though this is not a record for single day sales, it is the first time in the while silver demand has spike such. The one-day gain was better than the weekly totals since the end of August.

Sales for 2013 are now at 37,724,500, with an annual record for the bullion coins belonging to 2011 with 39,868,500 coins sold in a year in which silver nearly reached $50 per troy ounce.  That year, sales didn’t reach the amount sold in 2013 until November 28, 2011.

Here is a summary for other coins:

US Mint Silver Sales: Silver Coins for Collectors

Previous Sales New Sales Unit Increase % Increase Mintage Limit
Proof 5-Star Generals Silver Dollars 54,100 54,268 168 0.31% 500,000
Uncirculated 5-Star Generals Silver Dollars 22,107 22,158 51 0.23%
5-Star Generals 3-Coin Set 9,994 9,994 0 0.00% Sold Out
5-Star General Profiles Collection 6,437 6,547 110 1.71% 50,000
Proof Girl Scouts Silver Dollars 81,887 82,007 120 0.15% 350,000
Uncirculated Girl Scouts Silver Dollars 30,370 30,415 45 0.15%
Girl Scouts Young Collectors Set 4,227 4,273 46 1.09%
2013 Congratulations Set 4,546 4,587 41 0.90% none
2013-W Silver Eagle Two-Coin Set 281,310 281,310 0 0.00% Sold Out
2013-W Proof American Silver Eagle 786,194 797,882 11,688 1.49% none
2012-W Proof American Silver Eagle 819,217 819,217 0 0.00% Sold Out
2013 America the Beautiful Quarters Silver Proof Sets 115,049 115,579 530 0.46% none
2012 America the Beautiful Quarters Silver Proof Sets 156,518 156,632 114 0.07% none
2012 Annual Uncirculated Dollar Coin Sets 28,368 28,368 0 0.00% Sold Out
Making American History Coin and Currency Sets 60,203 60,203 0 0.00% Sold Out
2013-W Uncirculated American Silver Eagle 148,419 149,328 909 0.61% none
2012-W Uncirculated American Silver Eagle 202,504 202,504 0 0.00% Sold Out
2013 Silver Proof Sets 322,541 326,705 4,164 1.29% none
2012 Silver Proof Sets 395,443 395,443 0 0.00% Sold Out
2013-P Fort McHenry 5 Ounce Silver Uncirculated Coins 16,040 16,329 289 1.80% 25,000
2013-P Great Basin 5 Ounce Silver Uncirculated Coins 15,994 16,166 172 1.08% 25,000
2013-P Perry’s Victory 5 Ounce Silver Uncirculated Coins 16,155 16,294 139 0.86% 25,000
2013-P White Mountain 5 Ounce Silver Uncirculated Coins 20,691 20,523 (168) -0.81% Sold Out

 

American Eagle silver bullion coins increased 770,000 in the last seven days compared to the 679,500 sold previously. These numbers are as of October 16.

US Mint Silver Sales: 2013 American Eagle Silver Bullion Coins

January 7,498,000
February 3,368,500
March 3,356,500
April 4,087,000
May 3,458,500
June 3,275,000
July 4,406,500
August 3,625,000
September 3,013,000
October 1,636,500
2013 Total 37,724,500

 

America the Beautiful Silver Bullion Coin sales have not changed since October 8. Its totals are below.

US Mint Sales: 2012 – 2013 America the Beautiful Silver Bullion Coins

Unit Increase New Sales
2012 El Yunque Silver Bullion Coins Sold Out* 24,000
2012 Chaco Culture Silver Coins 24,400
2012 Acadia Silver Coins 25,400
2012 Hawaii Volcanoes Silver Coins 20,000
2012 Denali Silver Coins 20,000
2013 White Mountain Silver Coins 35,000
2013 Perry’s Victory Silver Coins 0 26,200
2013 Great Basin Silver Coins 0 27,200
2013 Fort McHenry Silver Coins 0 27,600
2013 Mount Rushmore Silver Coins Not Yet Released

 

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