July 25, 2014

Highest Ever One-Day Sales for American Silver Eagles?

American Silver EagleToday, January 7, 2013, the United States Mint began accepting orders from authorized purchasers for 2013-dated American Silver Eagle bullion coins. The opening day sales tally of 3,937,000 coins seems to represent the highest one-day sales total in the history of the program.

In recent years it has been typical for the Mint to experience the strongest sales for Silver Eagle bullion coins on the first day of availability for newly dated coins. Last year, orders had been placed for 3,197,000 Silver Eagles on the first day of availability for the 2012-dated coins. In 2011, opening day sales had measured 2,085,000 coins, and in 2010 opening day sales had measured 2,440,000 coins.

For the years 2009 and prior back to the start of the program in 1986, none of the monthly sales totals have exceeded today’s one-day sales total of 3,937,000 coins.

Today’s apparently record breaking one-day sales are driven by the typically high demand for newly dated coins as well as pent up demand following the unexpected sell out of 2012-dated Silver Eagle bullion coins on December 17, 2012. This sell out created a three week period during which no Silver Eagle bullion coins were available for authorized purchasers to order from the Mint.

During 2012, the Mint had sold 6,107,000 Silver Eagle bullion coins during the full month of January. Annual sales had reached 33,742,500 coins.

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Comments

  1. Jim Fowler says:

    Where is the best price to buy my 2013 eagles from a dealer?

  2. Coin Update says:

    My best advice would be to shop around at a few places and compare prices.

    In general, the premiums are lower if you are buying in greater quantities. Also, some bullion dealers offer a discount if paying by check or wire.

    Also, keep in mind that the US Mint charges primary dealers the market value of the silver plus $2 per coin- so you would never get cheaper than that.

  3. triskiadeka says:

    I have noticed that not only the 1965-1970 half dollars are gone, but I cannot find too many quarters from those years any more….are the quarters taken out of service for age, or for other reasons…I know the half dollars are 40% silver, are the quarters ????

  4. Jack Lee says:

    tulving.com is probably the cheapest in my experience. I have no affiliation with them.

  5. David says:

    goldmart.com has the best prices on Silver if you’re buying 20+ ounces

  6. SoundMoney says:

    @Triskiadeka – check out coinflation.com for US coin metal contents for both copper and silver.

    Recently I just bought $10.00 face value from silvertowne.com with free shipping, really good prices, cheapest I could find anywhere for 90% silver. Only $5 over spot for every $5.00 face value which is roughly 3.6 ozs.

  7. Dave says:

    Or ask around on the silver stacking forums @ http://www.kitcomm.com … but I would agree with Goldmart having good prices on ASE. Provident Metals also has good prices for quantity as well as Apmex.

  8. Fred says:

    Provident has the best price and the best / fastest service

  9. Anthony says:

    I have mine ordered at Silvertowne since they had free shipping the last few days <3

  10. chris says:

    moderncoinmart. buy as little as u want free shipping. $5.90 over spot or so for maples or eagles.
    much cheaper than bidding on ebay. and less than other sites that advertise low prices then charge 6 bucks to ship a one ounce coin. give them a shot i think you will agree after you compare.

  11. David says:

    triskiadeka, 1965-1970 halfs are the only circulated coin from that date range that are 40% silver. Everything else moved onto the same base metal you see used today starting in 1965. So, a 1965 quarter or dime has no silver value.

  12. Legend says:

    The US Mint has now moved full on into gouging the customer. All the Silver Proof Set coins (the Half, Quarter, Dime and ATB Quarters) are somehow STILL AVAILABLE….provided you want to pony up one hundred and fifty dollars for the “New” special set also featuring, puzzlingly, the Sold Out Proof Silver Eagle.
    This year’s coins should be available….the ENTIRE YEAR, and not be discontinued before the year is even over, so that we are DRIVEN TOWARD the purchase of this “New” set, costing much more.
    This does not even address the fact that the US Mint is featuring the unelected wives of Presidents, and at extraordinarily high cost, so much so that it appears that they pander to the wealthy almost exclusively.
    When you sit and figure how much each First Spouse coin costs to develop, craft, and mint, you will see this as one of the most fraudulent coin series ever produced.
    Now we cannot even get a proof set in the full year it is supposed to be produced because the mint has their workforce being used for lesser, costly Spouse coins, which are not even of anyone elected to office.
    This is a PURE-T SCAM, and everyone should bristle at the fact we can’t even get a proof set for all of 2012 because of the Mint’s decision to pander to wealthy, positioned men who want to see their wife on US coins. What tripe.
    Hey mint, produce the cheap coins all year, too. It slaps us in the face when we know you still had resources available to produce 2012 sets for us. Tell the former presidents they are last on the list for our tax dollar use.

  13. Jack S says:

    Go to COMPARESILVERPRICES.COM. They compare 14 precious metal dealers prices on 14 gold and silver items. Liberty Coin And Precious Metals usually have the lowest prices. They are out of Del Mar, CA and Scottsdale, AZ. They just transferred from phone ordering from a salesman to online internet purchasing today (1-8-13). Their prices temporarily aren’t listed today on COMPARESILVERPRICES.COM I guess because of the change over but you will see at their website they will have the lowest prices overall.

  14. Jack S says:

    Correction to my prior comment. They compare 10 not 14 gold and silver products.

  15. BILL says:

    If the U.S. Mint would produce a Silver Eagle bullion coin with a face value that approximates the market value ($30 face value for example), they would not be able to keep up with demand. The Mint could charge more for such a coin and make tremendous profits while enabling investors/savers/coin collectors to have a floor on the price of their investment. What the hell, the government subsidizes and guarantees just about everything else (mortgages, health care, etc.) so why not do the same for gold and silver??

  16. magend says:

    Ezekiel 7:19 – “They will throw their SILVER into the streets, and their GOLD will be a worthless thing. Thier SILVER and GOLD will not be able to save them in the day of the Lords wrath.” (See all Ezekiel Chapter 7 for what is to come…… and why!)

  17. bopll says:

    There are a few bad places out there to stay away from. Merit Financial filled my order with cull silver eagles. Drespite repeated attempts to contact them they refuse to even acknowledge me. There prices were attractive but not worth getting seconds.

  18. Erroneous says:

    Tulving is good-a bit rude but they gt the job done

  19. bob1 says:

    Invest in commodities. Wheat, beans, rice, brass and lead. Silver and gold will be available for trade in the future. So, how much gold/silver for a pound of rice or bean?

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