Re: Record at 40.2 Million Ounces Silver Coin Sales!
in response to
by
posted on
Nov 13, 2013 01:14AM
WCG it looks like there is a new record. From SD. Cheers
With today’s update of 500,000 Silver Eagles sold, bringing November’s totals to exactly 1,000,000, the US Mint has just set an all-time sales record for Silver Eagles, eclipsing the previous annual record of 39,868,500 oz set in 2011.
With the US Mint alerting primary dealers last week that 2013 production will shut down on December 9th, it appears that the powers that be do not wish to allow 2013′s all time silver eagle sales record to get too far out of hand.
The 1 million eagles sold thus far in November take the Mint’s ASE sales through the 40 million level for the first time ever:
January | 7,498,000 7,498,000 |
February | 3,368,500 3,368,500 |
March | 3,356,500 3,356,500 |
April | 4,087,000 4,087,000 |
May | 3,458,500 3,458,500 |
June | 3,275,000 3,275,000 |
July | 4,406,500 4,406,500 |
August | 3,625,000 3,625,000 |
September | 3,013,000 3,013,000 |
October | 3,087,000 3,087,000 |
November | 1,000,000 1,000,000 |
December | 0 0 |
Total |
40,175,000 40,175,000 |
With 7 weeks remaining in the year, 2013′s sales have already eclipsed 2012′s 2nd highest ever 33.7 sales by a whopping 15%:
January | 6,107,000 6,107,000 |
February | 1,490,000 1,490,000 |
March | 2,542,000 2,542,000 |
April | 1,520,000 1,520,000 |
May | 2,875,000 2,875,000 |
June | 2,858,000 2,858,000 |
July | 2,278,000 2,278,000 |
August | 2,870,000 2,870,000 |
September | 3,255,000 3,255,000 |
October | 3,153,000 3,153,000 |
November | 3,159,500 3,159,500 |
December | 1,635,000 1,635,000 |
Total | 33,742,500 33,742,500 |
2011′s previous record 39.9 million oz:
As predicted on Friday’s Metals & Markets, premiums on 2013 ASE’s have continued to rise early this week in anticipation of the Mint’s 6 week shutdown beginning December 9th. Look for premiums to continue to rise over the next 2 months as supplies shrink.