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Temporary sellout of silver bullion Eagles

(Image courtesy www.usmint.gov)

The big news this week from the U.S Mint is a temporary sellout of 2018 and 2019 silver bullion Eagles due to market fluctuations.

Sales over the past week trended way up from the previous week, causing inventory to run out. So far this month, 2,157,500 silver Eagles have sold, compared with just 942,500 in February 2018 – a 118% year-over-year increase.

The Mint issued a statement that the West Point facility is currently producing additional 2019-dated American Eagle silver bullion coins, and it hopes to re-launch sales in a few weeks.

 

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