Posted by Francis Koh on 28 Aug 2014

SURPRISING UPDATE: Canadian Silver Maple Sales Stronger Than Last Year

According to the Royal Canadian Mint’s Q2 2014 Report, just released, sales of Silver Maples hit a new record of 15.4 million ounces in the first half of the year. If we look at the chart below, we can see that the Royal Canadian Mint sold an additional 1.4 million Silver Maples in the 1H 2014, at 15.4 million compared to 14 million during 1H 2013.

Canaidian Gold & Silver Maple Leaf Sales 1H 2014   Gold Eagle vs Gold Maple Leaf Sales 1H 2014   Total Silver Eagle vs Silver Maple Leaf Sales 1H 2014

Thus, 1H 2014 sales of Silver Maples are 10% higher than 1H 2013.  If we compare Silver Maple sale to Gold Maple sales, its a totally different picture indeed.  Gold Maple sales are down considerably in the first half of 2014.   The Royal Canadian Mint sold 681,000 oz of Gold Maples in the 1H 2013, compared to only 337,000 oz in 1H 2014. 

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