US Mint Sold 42,675,000 American Eagle Silver Bullion Coins in 2013

The Silver Institute announced that during 2013, the US Mint sold 42,675,000 American Eagle silver bullion coins. That’s a new record as well as 26 percent more than the mint sold in 2012.

So far, investors are showing “healthy” interest in acquiring silver coins in 2014 as well.

As quoted in the press release:

Already this year, over 6,500,000 American Eagle Silver Bullion coins have been sold.  Precious metals investors favor obtaining newly dated coins and traditionally drive high initial demand early in the year. Michael DiRienzo, Executive Director of the Silver Institute, said, ‘Bullion dealers are reporting a strong appetite from investors in acquiring physical silver products including silver bars as well as silver coins.’

Click here to read the full report from the Silver Institute.