Silver bullion coin sales in November broke the previous annual record of 44,006,000 ounces sold in 2014.
With one month still left in 2015, the year-to-date silver coin sales tally has hit a new record of 44,666,500 ounces.
By Diane Alter, Contributing Writer, Money Morning -
Silver bullion coin sales in November broke the previous annual record of 44,006,000 ounces sold in 2014.
With one month still left in 2015, the year-to-date silver coin sales tally has hit a new record of 44,666,500 ounces.
By Diane Alter, Contributing Writer, Money Morning -
Silver bullion coin sales in November broke the previous annual record of 44,006,000 ounces sold in 2014.
With one month still left in 2015, the year-to-date silver coin sales tally has hit a new record of 44,666,500 ounces.
Here's what's driving the frenzied demand...
By Diane Alter, Contributing Writer, Money Morning -
For the second consecutive year, the U.S. Mint has logged record silver coin sales for the American Silver Eagles.
Sales of the popular .999 one-ounce silver coins totaled 495,000 on Monday, taking the 2014 sales tally to a record 42,854,000. That whopping figure handily beat the 2013 record of 42,675,000 silver coins.
Here's what's behind the robust silver coin sales, plus a look ahead at 2015...
By Peter Krauth, Resource Specialist, Money Morning -
Silver coin sales are at near-record highs, but premiums are soaring. American Silver Eagles are selling at $22 on eBay - a 35% premium over the spot silver price.
Many investors have taken refuge from higher premiums in silver ETFs - but not all silver ETFs are created equal.
By Diane Alter, Contributing Writer, Money Morning -
Despite the year's nearly 30% fall in silver prices, not everyone is sour on investing in silver. The U.S. Mint reported Tuesday that American Silver Eagle bullion coin sales have already set an annual record.
Authorized purchasers of the popular coins ordered their full weekly allocation of 500,000 coins, according to the Mint. That took total sales year-to-date to a record 40.175 million ounces, surpassing the previous annual record of 39,868,500 million ounces hit in 2011.
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