US Mint Holds Back Silver Eagle Sales Report 1 Week to Prevent All-Time March Sales Record

Last Tuesday March 26th, we reported that the US Mint had sold 3,356,500 Silver Eagles in March, nearly 1 million in the past 4 days, and were only 25,000 oz from surpassing the all-time March sales record set in 2010.

Well, The Mint would have smashed the all-time March sales record for Silver Eagles…had it not held back sales totals for a full week, and reported a whopping 812,000 oz sold on April 1st.

 

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The US Mint’s numbers as of March 26th, with 4 business days remaining in the month:

 

Notice that not a single ounce was reportedly sold over the last 4 business days of the month, yet 812,000 Silver Eagles were sold on Monday:

 

2013 Silver Sales Totals
(in ounces / number of coins)
Month One
( oz. / #coins )
January 7,498,000
7,498,000
February 3,368,500
3,368,500
March 3,356,500
3,356,500
April 812,000
812,000
Total 15,035,000
15,035,000


Fudging the stats by withholding sales totals till the next month might prove a slight problem in April, as Monday’s 812,000 sold is approximately a third of the Mint’s all-time record April sales total of 2,819,000 oz, set in 2010:

2011 Silver Sales Totals
(in ounces / number of coins)
Month One
( oz. / #coins )
January 6,422,000
6,422,000
February 3,240,000
3,240,000
March 2,767,000
2,767,000
April 2,819,000
2,819,000

 

 

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