Silver News
Sales of American Eagle Silver Bullion
Coins Jump 68 Percent in '98
After several years of declining sales, 1998 American Eagle
Silver Bullion coins sales increased 68 percent to 4.27 million
ounces compared to 2.53 million ounces in 1997, according
to data from the U.S. Mint.
The increase in sales mirrors an increase in sales of American
Eagle Gold Bullion coins which hit their highest level in
11 years, nearly 1.84 million ounces.
The Mint also announced that the first of the 50 State quarters,
Delaware, has been placed in circulation. Each year, five
coins will be issued-in the order in which each state entered
the union until all 50 have been circulated.
Mint officials plan to sell to collectors and the general
public a range of collector edition proof, uncirculated, and
silver proof sets incorporating the State commemorative quarters.
The product range will include complete collections, annual
numismatic sets, and special offerings aimed at young collectors.
The regularly issued annual proof, silver proof, and uncirculated
sets will include all five yearly circulating quarters as
well as all other denominations of circulating coinage. The
Mint also plans to offer proof and silver proof five-quarter
sets.
Silver News - February/March 1999
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