Let’s jump right into May’s bullion Eagle figures. They are nothing to write home about – yet. While it is possible May sales numbers will remain below April’s, it is not likely. There really is nowhere to go but up from here. The sales total of silver Eagles for the first four months of the year was the least since 2008. But on the bright side, they are not going backwards like sales of clad proof sets. This week’s figure of 210,329 is actually 13,177 fewer than last week.
There are some positive numbers, but even those can be made to look peculiar. The 2017 proof silver Eagle moved ahead by 3,864. What is strange is that is almost a perfect match for the 3,814 additional 2016 uncirculated silver Eagles sold. The current year’s proof issue is only equaling last year’s uncirculated piece. Sad.
The American Liberty $100 gold piece moved ahead by 406. At 18,913, how many weeks before it hits 20,000?
This article was originally printed in Numismatic News Express. >> Subscribe today
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