US Mint Silver Eagles Exceptionally Strong In First Days Of March

We reported the exceptionally high sales figures of the US Mint in January & February of this year. Both gold and silver coin sales were much higher than previous years. It was noted by Ted Butler that silver had its best first two months of the year since the start of the Mint 27 years ago.

Now it somehow seems like the gold and silver price consolidation is resulting in more than average investment demand (although we do not have enough evidence to be 100% sure of this statement).

During the first days of March, especially the silver coin sales have been disproportionately high compared to previous years. Please mind: the following tables show the first five days of March 2013 while the years before show the full month of March.

silver eagles sales 2013 03 06 gold silver general

The picture in the gold coin sales is more modest than silver.

gold eagles sales 2013 03 06 gold silver general


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