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Silver Eagle Sales Near Record Year Level

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Reno32's Avatar
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 Posted 11/12/2015  8:59 pm Show Profile   Bookmark this topic Add Reno32 to your friends list Get a Link to this Message Number of Subscribers
Week by week, sales of bullion silver American Eagles are nearing a new record since the United States Mint began selling the coins in 1986. - See more at: http://www.numismaticnews.net/artic...ktX0ynI.dpuf
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SilverStackerKid's Avatar
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 Posted 11/12/2015  9:17 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Probably because of that ridiculous premium.
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 Posted 11/12/2015  11:34 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply

Quote:
Probably because of that ridiculous premium.


Wouldn't that make sales go down instead of up?
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SilverStackerKid's Avatar
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 Posted 11/12/2015  11:36 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Scratch that. I thought they were LOW Rather than high. Excuse my ignorance.

Probably because of spot price.
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CelticKnot's Avatar
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12815 Posts
 Posted 11/13/2015  4:25 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Yes, low spot is driving sales, even with the higher premiums that low spots typically command. I still have yet to add a couple 2015s to my stack. JM Bullion, here I come!
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