The year 2015 has been a good one for silver sales for a number of reasons, particularly the 2015 American Silver Eagle coin, which seems to be on everyone’s mind as the year comes to a close. The American Silver Eagle is the official silver bullion coin of the U.S., as it has seen record-breaking sales both last year and this year.
As you might remember, the Silver Eagles sold out in November of 2014, and the U.S. Mint suspended sales until they could replenish their supply. The year 2014 was a record-breaking year for sales totaling 44,006,000 coins.
The Silver Eagle coin temporarily sold out again this year, but this time in the first week of July! The Mint had to hold sales for two weeks in July in order to produce more coins. While there was a slight dip of Silver Eagle coin sales in October, demand picked right back up in November when the allocated number of coins completely sold out within days, even hours, of being on the market.
Since selling out in July, the Mint has been placing weekly allocations on the silver coins to prevent suspending sales again. Each week’s allocation of coins varies, but the average week’s allocation is somewhere around 1 million coins. The U.S. Mint announces the allocation amounts on Mondays.
Thinking of purchasing the 2015 American Silver Eagle? You should act fast as they seem to be disappearing from the market. As you may well know, the Mint doesn’t sell directly to the general public, but through a list of a dozen or so authorized distributors. So, if you’re looking to purchase a 2015 American Silver Eagle composed of 1 troy ounce of .999 fine silver, you’re in luck! We have some in stock as well as a wide selection of American Eagle Silver coins going back many years.
Silver coins are a great way to step into the precious metals market. We offer an expansive selection of silver coins and quality services to help any precious metals investor get started. To learn more about silver investing, visit our online blog and knowledge center.
Comment to all-
Be Patient. This is a long-ball play folks. I have flipped my Silver a couple of times, but the average for me-small investor-is about every 7-10 years. Yep that’s right 7-10 years. The first time was best with the Hunt Brothers trying to manipulate the market. I had been buying a little every pay-day, it did pay off-bought a new car-CASH after that one. The next couple were smaller of course but the profit is there, just be patient, unless your a big move person. then silver is not your game.
I love the eagles because I don’t see any counterfeit eagles being sold on the internet and they always bring more than spot when I sell them. When im at sales events, everyone asks for eagles and ho-hum about anything else.
I feel silver bullion eagles are a complete waste of money as they have a higher surcharge than rounds and will never be worth anything more than an ounce of silver.Especially with such a ridiculously high mintage
I have been buying them starting at $28 each, for the monster box!
Still buying to dollar cost average down, but if silver keeps dropping, I’ll
still be in the red on the $17 Eagles! When is the long touted turn-aroung coming?
We always buy a few every year…Kind of think of the ASE as the Morgans of the 21st century!
Going fast