Silver Coin Sales Continue Their Impressive Rise

Investor demand for silver coins remains strong, as evidenced by the recent explosion in sales of silver bullion coins offered by the U.S. Mint. Sales rose by 40% last month to their highest levels in almost two years as public demand for physical silver continues to outpace the exchange generated pricing of the precious metal. The dichotomy remains peculiar.  Increased buying from individual silver investors and countries such as China and Russia are evidence of exceedingly strong demand for physical precious metals, one that lies in sharp contrast to their receding paper asset values.

Silver coin sales
The rise in silver coin sales to nearly six million ounces in October marks the largest month for silver coin sales since the beginning of 2013. Sales of the American Silver Eagle have now risen above 38 million units and remain on the second fastest sales pace in nearly thirty years. The $50 American Eagle gold bullion coins performed admirably in October as well, with sales of over 57,000 units to surpass the previous month’s number by 7,000 units.

With silver and gold trading at such attractive levels, the time is right to stock up on physical silver and gold for investment and security purposes. Call National Coin Broker today at (800) 707-7923 for pricing on silver and gold coins to add balance and value to your investment portfolio.

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2016-10-31T12:19:58-04:00By |Categories: Buy Silver Coins, Invest in Silver, Silver Investment|

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President and CEO of National Coin Broker
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