The Silver Institute predicts global silver coin minting is expected to hit an all-time record this year. Author: Dorothy Kosich, mineweb.com
Posted: Thursday , 25 Nov 2010
The Silver Institute noted Wednesday the U.S. American Eagle Silver Bullion coin program has already posed another record year.
As of Wednesday, Nov 24th, the U.S. Mint reported 32,505,000 silver bullion coins had been sold, well over last year's total of 28,766,500 silver bullion coins. Sales thus far in November are reported at 3,875,000 coins, up from 2,586,500 bullion coins sold during the entire month of November 2009.
"Should the current pace continue, sales will surpass 35 million coins by year's end," the Institute said.
U.S. Mint sales of American Eagle Silver Bullion coins have increased by 223% over the past five year, the Institute noted.....read on
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