US Mint Sales: Silver Eagles New Milestones and Records

Silver Eagles had a big week. Not only did the collector 2010 Proof Silver Eagles launch with high demand, per the most recent US Mint sales figures, but the bullion Silver Eagles soared to new highs.

Bullion Silver Eagles hit new milestones while maintaining a hot pace in November. US Mint Authorized Purchasers took another 1,410,000 over the last six days to move November’s total to 3,875,000. Even though more than a week is left in the month, that total passed the highest selling month record of 3,696,000, which was set in December 1986. Read More…

2010 Proof Silver Eagle Sales Debut

Collectors wasted no time in purchasing more than a quarter of a million 2010 Proof Silver Eagles, indicating that there truly was pent-up demand for the silver coins.

US Mint customers ordered 273,212 of them in less than three full days, according to the most recent sales figures. Those include all Proof Silver Eagle sales from their release on Friday, November 19, 2010, through this past Sunday, November 21, 2010. Read More…

Silver Prices Jump 4.8% in Week, Up 61.3% in 2010

U.S. silver prices rebounded from losses last week to close above $27 an ounce, capping a weekly gain of 4.8 percent and notching a 2010 gain of 61.3 percent.

Silver prices for December delivery rose 34.5 cents, or 1.3 percent, to settle at $27.179 an ounce on the Comex in New York. For the week, silver jumped $1.237 after falling 80.6 cents last week. Read More…

2010 Proof Silver Eagle Coins Launch

The US Mint today began selling the long-awaited 2010 Proof Silver Eagle coin, filling a void that has been felt by many collectors for over two years now.

Opening demand was strong for the silver eagle, which resulted in early issues with the US Mint’s ordering system. This was not much of a surprise, however, as order volume was expected to be enormous owing to a series of events surrounding Silver Eagles over the last two years. The US Mint even took the pro-active approach of placing a statement regarding the potential for system issues on its homepage, stating:
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2010 Proof Silver Eagle Orders Fixed

2010 Proof Silver Eagle orders are fixed. Acknowledging a mistake it made affecting a portion of its customers, the United States Mint confirmed Tuesday that all eagle orders were reinstated. This comes as reassuring news to those who had received erroneous emails last week.

A confirmation email was sent to those affected customers who had received the incorrect correspondence on Wednesday, November 10, 2010, first stating that their orders were on backorder followed up by a second email stating the item ordered had been sold out, thus canceling their purchase. Read More…

US Mint Sales: 2010 Quarters Silver Proof Set Climbs

Overall, demand for collector silver products eased compared to the previous week, the latest US Mint sales figures show.

One exception to the slower Mint sales was the 2010 America the Beautiful Quarters Silver Proof Set™. It experienced its best gain since early last month. The quarter set advanced 3,494 and exceeded its prior week’s move of 2,477 by 1,017. The last time the set surged by more than 3,000 was during the week that ended on October 3 when 4,498 were ordered. The quarters silver proof set now stands at 206,939. Read More…

Finland Children and Creativity Silver Coin Issued

The Mint of Finland recently released the Children and Creativity silver coin, the second issue in its "Ethical Collector Coins" series.

A few milestones are represented by this strike, including the fact that its design was the first chosen by popular vote. Over 1,000 visitors to the Mint of Finland’s website selected it over ten others that were submitted by students attending special senior secondary schools dedicated to the arts. Read More…

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