January Bullion Silver Eagles Sales Rank As Second Best Ever

in American Silver Eagle News

Bullion American Silver Eagle coins were an extremely hot item last month from the United States Mint. According to recent sales figures, the US Mint sold a total of 6,107,000 of the .999 fine silver coins in January 2012.

That amount was easily enough to classify the month as the second best ever in the twenty-six year history of the Silver Eagle Program. To clarify, January 2012 sales qualified as the second best month ever, not just the second best January ever.

Top 10 Sales Months for the Silver Eagle Bullion Coin

Rank Month & Year Total
1 January 2011 6,422,000
2 January 2012 6,107,000
3 September 2011 4,460,500
4 November 2010 4,260,000
5 December 1986 3,696,000
6 August 2011 3,679,500
7 May 2011 3,653,500
8 May 2010 3,636,500
9 January 2010 3,592,500
10 June 2011 3,402,000

 

However, as the chart above shows, last month came in second only to January of last year. The two recent January’s are at the top of the chart when it comes to Eagle sales with over 6 million each.

It is not uncommon for January sales to be higher than a typical month as investors and collectors both look to add the newest dated strikes to their purchases. However, reaching over 6 million is a feat in and of itself.

Just looking at the recent January sales of 6,107,000 already classifies the year of 2012 as the eighteenth best ever since the investment grade coins debuted in 1986. Adding in the sales from the remaining eleven months will only push the 2012 total higher. The previous 2011 currently stands as the annual record holder with 39,868,500.

It should be noted that these are total sales for bullion Silver Eagles for the designated time period. These sales do not necessarily represent the number of year-dated coins sold such as the 2012-dated bullion Silver Eagles which were released Tuesday, January 3.

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