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American Eagle Silver Coins

July 2010 Silver Eagle Bullion Coin Sales

by Silver Coins Today on August 10, 2010

in U.S. Coins, United States Mint

2010 American Silver Eagle Bullion CoinAdding flames to the fire on an already hot year for bullion 2010 American Silver Eagles, July sales of the silver coins again attained record levels.

Coming in at 2,981,000 coins sold, the month goes down in the history books as the best ever July for the series that was introduced back in 1986. The old record was hit just last year when sales of the Silver Eagles came in slightly over 2.8 million -- shattering the previous record set in 2008 of only 1.25 million...

Full Article: July 2010 Silver Eagle Sales - SilverCoinToday.com

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The United States Mint may yet be able to strike 2010 American Eagle Silver Proof Coins and 2010 American Eagle Silver Uncirculated Coins this year, according to recent testimony from U.S. Mint Director Ed Moy before a House subcommittee, but apparently only with the help of the United States Congress.

The news comes as a glimmer of hope to collectors of the numismatic coins which have been missing from the Mint's product line since late 2008. Due to overwhelming demand for the bullion American Silver Eagles, the Mint has not been able to procure enough planchets to also strike the proof and uncirculated options...

Full Article: 2010 Proof Silver Eagle Coins Update -  SilverCoinsToday.com

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Silver Eagle Proof Coin"The State of U.S. Coins and Currency" was discussed today by the House Subcommittee on Domestic Monetary Policy and Technology.

And topmost interest for collectors, the hearing revealed the possibility of amending law to approve the minting of 2010 American Eagle Silver Proof and Uncirculated Coins at the the expense or producing fewer bullion versions.

Led by Chairman Melvin L. Watt, representative from North Carolina, and ranking minority member Representative Ron Paul from Texas, the subcommittee had several lines of questioning as it related to U.S. coins and currency.

To answer those questions, two panels were called upon by the committee. The first panel included Edmund C. Moy, Director, United States Mint, Larry Felix, Director, Bureau of Engraving and Printing, Louise L. Roseman, Director, Division of Reserve Bank Operations and Payment Systems, Board of Governors of the Federal Reserve, and Ken Jenkins, Deputy Special Agent in Charge, Criminal Investigative Division, U.S. Secret Service.

Full Article:  2010 Proof Silver Eagles Possible, Hearing Reveals - CoinNews.net

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1986 Begins American Eagle Silver Series

by Coin Collecting News Staff on July 19, 2010

in U.S. Coins

1986 served as the inaugural year for the new American Silver Eagles series which have been struck annually ever since. They were only authorized the year before as part of the Liberty Coin Act of 1985, approved by Congress in June of that year and signed into law by President Ronald Reagan on July 9, 1985.

Congress created the authorizing legislation in response to political pressure to decrease the national strategic stockpile of the precious metal silver held by the United States. Many felt that the sale of the federally-owned silver could help lower the national deficit...

Full Article 1986 Silver Eagles - AmericanSilverEagles.us

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US Mint Coin Sales ReportTo sum up the latest United States Mint sales report, coins and sets experienced a deeper summer slowdown compared to prior weeks.

Of everything the U.S. Mint sold, there were only four that managed to do better than the prior report, and those not improve by much. Bullion coins, however are still in demand.

Bullion American Silver Eagle coins climbed to bring July's total to 1,648,000, adding 772,500 since July 7. The gain was soft compared to the higher 875,500 increase during the first week of the month. Still, the addition caused this year's tally to cross the 2008 end-of-year total. 2010 Silver Eagles sales are at 19,816,500 while 2008's ended with 19,583,500. Last year's record sales of 28,766,500 is now less than 9 million away, although most collectors would probably like to see a decline so that the Mint has enough supply to strike proof and uncirculated versions.
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Avoiding Silver Eagle Coin Fraud

by Susan's Coins Blog on July 15, 2010

in Blogs, Counterfeit Coins, Susan's Coins Blog

Question: How Can I Avoid Silver Eagle Coin Fraud and Other Fake Silver Coins?
Coin fraud is an unfortunate reality in the coin collecting marketplace, but you can avoid buying fake silver coins, and avoid coin fraud in general, by learning how to spot fake coins. We will use a fake Silver Eagle to demonstrate some easy steps to avoid buying fake coins ...

Full Article: How Can I Avoid Silver Eagle Coin Fraud and Other Fake Silver Coins? - Susan's Coins Blog

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Nashville is over and a slow show it was, although well run and organized. Why? Recent floods, current economic repression, poor timing and a significant drop in precious metals? I think the repression has finally caught up to the market.

While prices are not dropping, collectors are increasingly holding back especially in the middle of the market...

Full Article: Gold Rebounds;  Eagle Coin Demand Soars - NumisMaster

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Silver American Eagle bullion coins, and their gold counterparts, were historic firsts for the U.S. Mint when they made their debut in 1986. They were the first official U.S. coins struck primarily to be bought and sold for their bullion value.

American Eagle bullion coins can be held in individual retirement accounts. Some individual date and mintmark combinations, however, also have collectible numismatic value, including proof versions ...

Full Article: Collecting American Eagle Bullion Coins - NumisMaster

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Precious metals had a disastrous week, yet U.S. Mint authorized buyers ordered more bullion American Eagle coins during the third week of May than in each of the prior weeks when metals were rallying.

New York gold prices finished lower for the fourth consecutive session on Friday, with June futures tumbling to $1,176.10 an ounce, plummeting 4.2 percent this week.

U.S. Mint one-ounce American Gold Eagles, however, soared. The coins advanced 67,000 this week, as compared to a 31,000 increase during the second week of May and a 41,500 gain during the first week. May sales on Friday reached 139,500, bringing the Gold Eagles to 471,000 for the year ...

Full Article: American Eagle Bullion Coins Jump - CoinNews

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Guardian Commodities: Free Silver Eagle Coins with Gold Bullion Purchase

April 29, 2010

Guardian Commodities has announced today that it will offer 10 free American Silver Eagle coins (a $200+ value) to any customer purchasing 50 ounces or more of gold bullion. With this promotion, the online broker is hoping to reach out to first time gold investors.
“If socialized medicine, soaring U.S. debt, and two overseas wars [...]

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Silver Eagles Hit New Quarterly Sales Record

April 12, 2010

2010 American Silver Eagle bullion coins surged during the start and toward the end of March, capping the best United States Mint quarterly sales since the coin series debuted in 1986.
The latest sales figures, however, do not bode well for 2010-dated collector proof and uncirculated versions of the Silver Eagles. Collector coins carry the “W” [...]

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American Eagle Bullion Coin Sales Figures: January, 2010

February 1, 2010

Demand for American gold and silver bullion coins was exceptionally high in January, the latest United States Mint sales figures reveal.
And, that was in spite of reasons that could have lead to much slower movement, including January US gold prices that dropped 1.1 percent and silver prices that tumbled 3.9 percent.
By the end of last [...]

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American Silver Eagle January Sales Surpass 3 Million Mark

January 26, 2010

US Mint American Silver Eagle sales have already scored their best ever January. Who would have thought? After all, there is still a full week left in the month. On top of that, the bullion coins are rationed, they were unavailable for seven days, and U.S. silver futures tumbled 8.1 percent last week (6.7 percent [...]

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US Mint 2009 Silver Eagle Bullion Coins Gone Forever

January 12, 2010

In an end to what has been a rollercoaster of availability, excitement, and even some resentment, the United States Mint has announced a sell-out of the 2009 American Eagle Silver bullion coins.
Departing from tradition, the Mint was still selling the 2009 dated coins into the first part of this year due to the overwhelming [...]

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U.S. Silver Eagles in COTY award race

January 8, 2010

The U.S. American Eagle one-ounce silver coin was in the thick of things as voting to select the Coin of the Year Award winner for 2010 began Dec. 31 and was expected to conclude Jan. 8.
As one of the 10 category winners selected in a first round of online balloting by an international panel of [...]

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