With 2015 being a year that saw the lowest gold and silver prices in 6 years, coin collectors and precious metals investors jumped at the chance to add to their position at record lows. The U.S. Mint, and many other sovereign and private mints from around the world, felt the burden of increased demand. Indeed, for a time the demand for US Mint silver products exceeded production.
So which coins performed best in 2015, and which do you expect to perform best in 2016?
2015 1 oz. American Silver Eagle
July was a busy month for the U.S. Mint as demand for the American Silver Eagle soared to such a level that the U.S. Mint had to halt sales of the popular silver coin. Around the world the demand was felt as buyers flocked to buy up silver. The Royal Canadian Mint and Australia’s Perth Mint saw a surge in silver sales following the U.S. Mint’s sell-out.
2015 5 oz. America the Beautiful Silver Coins
The 5 America the Beautiful coins released in 2015 sold out very quickly relative to other releases. The designs featured such places as Homestead National Monument, Kisatchie National Forest, Blue Ridge Parkway, Bombay Hook National Wildlife Refuge, and Saratoga National Historical Park.
2015 1 oz. American Gold Eagle
Last November, the U.S. Mint announced it had sold out of the 1 oz American Gold Eagle coin. An abundance of consumer interest in 2015 and gold’s further decline in the second half of the year, helped gold sales at the U.S. Mint to surpassed the previous year’s numbers.
Looking Forward to 2016
Low mintages and increased demand may be a recipe for future profits. Be sure to stay informed about upcoming releases so you can make informed decisions based on both price, and availability.
At Provident Metals, it’s our goal to keep you informed. Continue browsing our blog and knowledge center for more information about U.S. Mint coins and other coin investment news.
