October American Silver Eagle Sales Spike 225% from September Sales of 320,000.
U.S. Mint Sold 1,040,000 American Silver Eagles in October.
Sales of American Silver Eagles fell 73% from 3,825,000 sold in October 2016.
October 2017 sales of American Silver Eagles were lowest October sales since October 2007.
Click to View The American Eagle Sales Report for October 2017 on BitChute
View American Silver Eagle Sales report for October 2017 on Vid.me below
American Silver Eagle front
American Silver Eagle Sales Fall 73% in October
The U.S. Mint sold 1,040,000 American Silver Eagles in October, down 73% from October 2016 sales of 3,825,000. October sales of 1,040,000 American Silver Eagle coins were up 225% from September 2017 when the U.S Mint sold 320,000 Silver Eagle coins.
October sales of 1,040,000 American Silver Eagles were the lowest October total since the U.S. Mint Sold 550,000 in October 2007.
Check out all the Smaulgld podcasts here.
Not a Smaulgld subscriber? Sign up here.
Donate To Smaulgld.com via paypal
You can buy Bitcoin, Ethereum and Litecoin through Coinbase.
Click HERE to open a coin base account and get $10 of free Bitcoin when you buy $100 worth of Bitcoin- Smaulgld also get $10 worth of Bitcoin.*
American Silver Eagle
Description:Obverse: The front of the coin shows a walking lady liberty, the year of mintage and the words “LIBERTY” “IN GOD WE TRUST”
Reverse: the back of the coin shows an eagle with the words “1 oz. FINE SILVER – ONE DOLLAR” “UNITED STATES OF AMERICA”
Composition/Weight: 1 oz. pure silver (.9993 silver .0007 copper)
Designers: Adolph A. Weinman (obverse) John Mercanti (reverse)
Face Value: $1
Mint Locations: Philadelphia, Pennsylvania, San Francisco, California and West Point, New York Years Minted: 1986 – present
The United States Mint produces the American Silver Eagle coin from mints in Philadelphia, Denver and San Francisco. The American Silver Eagle is by far the most recognized government produced silver coin and has sold over 350 million since production began in 1986 through 2016.
Compare Pricing and Shipping on American Silver Eagle coins
SD Bullion
BGASC.com
Golden Eagle Coins
Money Metals Exchange
In 2016, sales of American Silver Eagles fell 20% from record sales of 47,000,000 in 2015.
American Silver Eagle Mintages – 1986-2017
U.S. Mint sold a record 47 million American Silver Eagles in 2015.
The Silver To Gold Sales Ratio
Sales of silver have been proportionally far higher than sales of gold coins at the U.S. Mint in recent years. That trend continued in 2016 and was becoming less pronounced. With the drop off in silver sales in July and August and the firming gold sales the silver to gold sales ratio has fallen. The silver to gold sales ratio in 2014 was over 100:1 in 2014 and in 2015 it was 75:1. American Silver Eagle sales were on record pace in 2016 but fell sharply in July and August, while American Gold Eagle sales increased, resulting in a lower silver to gold sales ratio.
Sales of American Silver Eagles in the second half of the year were 56% lower than in the half of 2016. (26,250,500 ASE sold in the first half of 2016 vs 11,451,000 sold in the second half) Conversely, sales of one ounce American Gold Eagles were consistently strong all through 2016. (406,000 sold in the first half of 2016 vs. 411,500 sold in the second half).
Silver To Gold Sales Ratio 1986 -2017
The silver to gold sales ratio in January 2017 was 59.28 to 1.
The silver to gold sales ratio in February 2017 was 57.86 to 1.
The silver to gold sales ratio in March 2017 was 100.94 to 1.
The silver to gold sales ratio in April 2017 was 238 to 1
The silver to gold sales ratio in May 2017 was 245 to 1
The silver to gold sales ratio in June 2017 was 246.5 to 1
The silver to gold sales ratio in July 2017 was 181.6 to 1
The silver to gold sales ratio in August 2017 was 157.7.6 to 1
The silver to gold sales ratio in September 2017 was 40.625 to 1
The silver to gold sales ratio in October 2017 was 94.5 to 1
Sign Up For Smaulgld.com Updates Here!
If you have enjoyed this report, please consider sharing it, buying your precious metals through the Smaulgld affiliates linked to on this site* and subscribing (for free) to Smaulgld.com.
Please consider making a small donation to Smaulgld.com. Thanks!
Get Free Updates From Smaulgld.com
Subscribe to Smaulgld.com to receive free gold and silver updates, news and analysis.
U.S. Mint sales data – USMINT.gov
Please visit the Smaulgld Store for a large selection of recommended Kindles, books, music, movies and other items.
You can support Smaulgld.com by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the BGASC, Bullion Vault, Gold Broker, Golden Eagle Coin, GoldMoney, Money Metals Exchange, SD Bullion, Perth and Royal Canadian Mint ads on the site.
Browse Collectible Coins on Amazon
*DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.
Chart Disclaimer: Information presented here has been obtained from a third party and is presented for information purposes only. Smaulgld can not and does not guarantee the accuracy or timeliness of the data displayed on this site and therefor the data provided should not be used to make actual investment decisions. You should always consult a professional investment adviser before investing in precious metals or any type of investment. You acknowledge that Smaulgld assumes no responsibility for the integrity of data on this site.
The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.
The information contained herein does not constitute investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.
Send Litecoin to this address:
