Posted by Francis Koh on 12 Aug 2014

2014 Official Coin Sales: Silver The Big Winner

For example, while Silver Eagle sales are down 11% compared to the same period last year, Gold Eagle sales are down a whopping 55%… five times greater than the percentage of silver eagle sales.

Gold & Silver Eagle Sales Yearly Change Jan-Aug    Perth Mint Sales  Yearly Change JAN-JUL new   Silver Eagle Sales Apr to Aug Weekly Averages

Silver Eagle sales up to the first week of August reached a little more than 27 million compared to 30.3 million during the same period last year.  This was due to a big drop off in demand during June and July.  In contrast, Gold Eagle sales declined a staggering 376,825 ounces (55%) from 683,325 oz in 2013 to 306,500 oz year to date.

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