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Uncle Scam is Busy Stamping Coins

Posted by eeos @ 11:40 on September 24, 2014  

Bullion American Silver Eagles crossed the 30 million mark, landing at 30,531,000 with sales moving up to the second quickest pace in the coin’s 29-year history. Silver Eagle sales in record year 2013 hurdled 34.9 million through the same time last year. In 2011, now the third quickest year, they were at 30.4 million by Sept. 22, 2011. Sales of this year’s Silver Eagles had been on a record annual pace until severe slowdowns in June, July and a good part of August. Early last week, demand for the coins started to rise sharply. read more

525,949 minutes in a year. Run the presses non-stop and this is 58 coins per minute….so about 1 per second.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.