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Message: Re: Record at 40.2 Million Ounces Silver Coin Sales!

WCG it looks like there is a new record. From SD. Cheers

US MINT BREAKS ALL-TIME ANNUAL SALES RECORD FOR SILVER EAGLES!

NOVEMBER 12, 2013 B

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:

SilverMonthOne
( oz. / #coins )
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%:

SilverMonthOne
( oz. / #coins )
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:

Silver

MonthOne
( oz. / #coins ) January 6,422,000
6,422,000 February 3,240,000
3,240,000 March 2,767,000
2,767,000 April 2,819,000
2,819,000 May 3,653,500
3,653,500 June 3,402,000
3,402,000 July 2,968,000
2,968,000 August 3,679,500
3,679,500 September 4,460,500
4,460,500 October 3,064,000
3,064,000 November 1,384,000
1,384,000 December 2,009,000
2,009,000 Total 39,868,500
39,868,500

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.

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