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« Platinum: Today’s ‘Rich Man’s Gold’ Palladium: Tomorrow’s? | Main | Glum Resource Market Creates Value Plays: Adam Footer »
Tuesday
Nov122013

U.S. Mint Year-To-Date Silver-Coin Sales Hit Record At 40.2 Million Ounces

 

(Kitco News) - The U.S. Mint said Wednesday silver-coin sales year-to-date reached at record 40.175 million ounces, surpassing the previous record set in 2011.

With authorized purchasers ordering their full weekly allocation of 500,000 American Eagle one-ounce silver bullion coins, the previous record was broken.

“This surpasses the previous annual record sales of American Eagle one-ounce silver bullion coins of 39,868,500 for all of 2011,” the Mint said in a press release.

In November alone, sales reached 1 million ounces. In October the Mint sold 3.087 million ounces of silver; according to the agency’s data, demand has been firm throughout the year, with the biggest sales in January of 7.5 million ounces of silver.

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