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May worst month for silver Eagles yet

The United States Mint has reported it sold just 2,023,500 one-ounce silver American Eagles in May. This amounts to a 29 percent decrease in sales from April, the previous worst month in 2015 for sales of the coin.

Gold American Eagles fared better, selling 6,500 total ounces in just four days to avoid becoming the worst month.

Sales of bullion coins in June started off with 1,500 one-ounce and 10,000 tenth-ounce gold Eagles as well as 1,000 one-ounce gold American Buffaloes and 775,000 one-ounce silver Eagles ordered by June 3.

As of May 31, the uncirculated and proof options for the McKinley and Edith Roosevelt First Spouse coins are no longer available. Collectors purchased 2,018 uncirculated and 2,806 proof McKinley coins along with 2,076 uncirculated Roosevelt coins before sell out. The proof Edith Roosevelt coin was reported sold out April 19 with a total of 2,890 coins collected.

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This article was originally printed in Numismatic News Express.
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