American Silver Eagles Reach 2011 Milestones in December Start

in American Silver Eagle News

The two American Silver Eagles still being sold by the United States Mint recently earned fresh 2011 milestones. Bullion American Silver Eagles tipped the 38 million milestone when sales shot up 806,000 on Monday, December 5, 2011.

The single day increase was a bit of a surprise since the Eagles had been performing so badly in recent weeks. In fact, the one-day haul was more than half the total that U.S. Mint buyers ordered in all of November — a period which had the lowest monthly sales since July 2008. Bullion American Silver Eagles have not climbed further since Monday. Their total for this year is currently 38,665,500.

In another milestone, and according to the latest United States Mint weekly sales stats also as of Monday, December 5, 2011, numismatic uncirculated American Silver Eagles crossed the 200,000 threshold. The U.S. Mint reported that buyers ordered 8,552 more through the previous week. That boosted their sales for this year to 208,400.

The U.S. Mint’s third annually issued coin, the numismatic proof American Silver Eagle, sold out November 22, 2011. Their total reached 950,000 when combining individual sales with the 100,000 sold in the 25th Anniversary American Silver Eagle Set.

The United States Mint does not offer its bullion coins directly to the public, so buyers must find bullion Eagles from coin dealers and other precious metals providers. Their prices are typically just a few dollars above the latest spot price of silver. The U.S. Mint has the uncirculated Eagle available on its website for $50.95.

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