new thread time. 3,937,000 silver eagles sold last night which was the first day for sales this year. charts forthcoming. http://www.usmint.gov/mint_programs/american_eagles/?action=sales&year=2013#SilverTotals
January, for the last couple of years, have had quite big sales. The highest month was January 2011 with 6,422,000 sales. edit they have also had a halt to sales for a few weeks so its catch up to some degree. http://news.coinupdate.com/us-mint-sold-out-of-silver-eagle-bullion-coins-1766/
didn't think there'd be anymore sales for a bit but they did another few hundred last night. up to 4,287,000 now.
Most likely simply stocking up on the 2013 release - the 2012 sales were suspended in Dec, and these would be all of the wholesale preorders hitting the mint.
I ordered what is supposed to be a first strike MS70 eagle from the American Historic Society (I pay that premium once a year just to have it). Has anyone heard any projected shipping dates on when we're supposed to be getting them. My local coin dealer told me he was expecting 2013 eagles next week but I'm not sure if anyone else has heard that.
Muck I've heard the same thing. My local coin dealer said he expects all of these 2013's to start rolling in the 3rd week of January. The sooner the better right?
2013 sales trickling through. Now up to 4,632,000. 2 Million more and we have a new January record. I wonder how accurate the count is???
yeah, its a good start. I suspect 2012 could've exceeded, or at least matched, 2010 if they'd kept selling through the last couple of weeks of December.
I learnt to refrain from extrapolating a part of a month to the whole month. Because sometimes you get a couple Moz in a week and then some peanuts in the other 3 weeks of the month. And vice versa. For ex, february 2012, it started alike a sissy, after 3 weeks it appeared to become the worst sales month since 2008. But the last week it spiked up, while the spot price was moving to its top of $37,5. Alot stackers must have bought monsterboxes upto that peak price. They saw $26 afterwards.
I believe the coins have been released today. I have received notification from apmex that my shipment is on it's way. A little exciting for these beauties to get into my hands. Anyone else getting their hands on these?
"The United States Mint has temporarily sold out of 2013 American Eagle Silver Bullion coins. As a result, sales are suspended until we can build up an inventory of these coins. Sales will resume on or about the week of January 28, 2013, via the allocation process."
So close! though if they reopen on the 28th they should still break the record. I don't understand why they can't still take orders and just tell people there will be a delay. If they did this, this month would be off the charts!
Didn't want to say the obvious, as some people don't like hearing the truth and start yelling conspiracy theorist.
This is big news. You can control the paper, but it is much more difficult to control the flow of physical.