Silver Eagle sales up almost 47% over last year
(USAGOLD-May 1, 2019) – The U.S. Mint reports sales of American Eagle silver bullion coins running well ahead of last year’s pace at the end of June – up 46.88% over the same period last year. The Mint sold a robust 1,035,000 one-ounce coins sold in June as opposed to 435,000 sold in June of last year. Gold Eagle sales were up 25% from May but down 10.29% through June when compared to first six months of 2018.
Many analysts consider bullion coin sales a bellwether for overall interest in the precious metals among investors. This year’s uptick over last year indicates increased activity among American investors interested in including gold and silver in their holdings as safe-haven hedges and an underpriced asset class with that latter motivation particularly striking in the Silver Eagle category.