US Mint Sales: Lower Bullion, Suspensions Trip Collector Silver Products
Lower precious metals have spurred United States Mint sales of investment-grade bullion coins but they have been detrimental, along with resulting coin suspensions, to collector silver products.
The 2011-W Uncirculated American Silver Eagle was one of five coins to have its sales total cut following suspensions of US Mint silver products
The Mint suspended silver products on Monday, September 26, when silver tumbled $10+ to below $30 an ounce. The latest United States Mint sales figures show totals lower than last week’s report for each of the suspended silver coins.
As cancellations and returns crept in, the uncirculated American Silver Eagle suffered the biggest blow. It plunged 11,476 to 182,524. Five silver products had their sales trimmed. [...]
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