Sales of 2015 American Eagle Silver bullion coins have broken last year’s record of 44,006,000 ounces sold in a single year. As of this writing, the Mint lists total sales for 2015 ASE bullion coins at 44,666,500 ounces.
Demand for American Eagle Silver bullion coins has picked up again after a brief lull, and the total weekly allocation for the issues has been claimed by buyers during each of the last three weeks. The 2015 Silver Eagles still have some time to continue building upon this year’s record-breaking sales total as the Mint will continue producing the coins through the end of next week, wrapping up sales shortly afterward.
Although some distributors are currently accepting pre-orders for 2016 American Eagle Silver bullion coins, the Mint will not begin officially taking orders for the issues until January 11.
American Eagle one-ounce silver bullion coins carry a denomination of one dollar; however, as investor coins their value is tied to their weight in silver, which is currently $14.08 per ounce according to the London Bullion Market Association. In figuring retail prices for the public, authorized dealers add to the Mint’s base price to cover their own expenses and profit targets, often incentivizing bulk purchases by charging less for coins ordered in large quantities.
For more information on the American Eagle bullion program, please visit the U.S. Mint’s Web site.