The U.S. Mint sold 2.82 million 2015 American Eagle silver bullion coins last week, a considerable dent in the 3 million piece inventory made available to buyers on July 27th. Prior to last week, the 2015 Silver Eagle had been out of stock since selling out on July 7.
Due in part to those robust sales figures, this week’s total available inventory for the coin is a considerably smaller 1.18 million ounces. Reuters notes that the sales hiatus did little to dampen July’s sales stats, which totaled a formidable 5.5 million ounces–the most since January.
In related news, the U.S. Mint reported Friday that its 2015 American Eagle gold bullion coins sold 170,000 in July, more than doubling its June sales number to best any month since April 2013.
Regarding the strong demand for silver, West Point Mint plant manager Ellen McCullom stated, “I don’t think anyone anticipated the sales in silver. This is normally a quiet time.”
Mint production manager Jennifer Butkus noted that 2015 Silver Eagles are on pace to sell 40 million ounces this year, compared to the 44 million sold in all of 2014. For more information on the 2014 American Eagle silver bullion coins, visit the U.S. Mint’s Web site.