United States Mint Silver Eagle Sales Top 10 Million Coins

PRLog (Press Release) - Mar. 9, 2011 - The United States Mint reported last week that it had already sold nearly 10 million silver American Eagle coins last week as investors rushed to purchase silver coins. The actual amount of 9.662 million coins was expected to rise over 10 million coins last week.

The United States Mint has already taken steps to limit the sales of American Eagle silver coins to authorized purchasers. The steps taken by the mint followed steps from other mints around the world as the price of silver climbed to a 31-year high last week of $35.33 per ounce. Not only have investments in silver coins picked up over the last few weeks, but also industrial demand for the metal have pushed the price up as economies around the world start to increase manufacturing production.

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