US Mint set a new record for American Silver Eagle bullion coins this year.
The mint sold over 44,850,000 ounces of American Silver Eagles, topping the previous record of 44,006,000 ounces set last year. Analysts expect the final sales total for 2015 to come in between 45 and 47 million ounces.
That total could have climbed even higher were it not for persistent shortages that forced the mint to put the coins on allocations several times this year. Last July, the US Mint completely sold out of Silver Eagles, as the Greek crisis and accompanying economic uncertainty helped drive a spike in sales over the summer.
The sales record continues an ongoing trend of steadily increasing demand for American Silver Eagles since the 2007 financial crisis, according to Newsmax:
Since 2007, American Eagle silver bullion coin sales have increased every year. It began setting new historical records in 2008 after selling 19,583,500 ounces, surpassing the prior record of 10,475,500 ounces set in 2002.”
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