Silver Bullion Coin Sales Shatter U.S. Mint Records
Source: Mineweb, Dorothy Kosich (2/3/11)
"American Eagle coins 50% higher than any prior month in the Mint's 26 years of published sales."
The Mint's January 2011 silver bullion coins were more than 300% higher than the 1,900,000 one-ounce silver bullion coins sold during the same period of January 2010.
The previous U.S. Mint monthly record for silver bullion coin sales of 4.26 million ounces was only recently set in November 2010.
The record-breaking January 2011 sales occurred in a month when the price of silver declined by 9% and also during the first month 2011 American Silver Eagle bullion coins were made available by the Mint to authorized purchasers.
U.S. Mint American Eagle gold bullion coin sales for January of this year were reported at 133,500 ounces, up from to 92,000 ounces of gold bullion sales reported by the U.S. Mint for January 2010.