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Article: Highest Ever One-Day Sales for American Silver Eagles?

Highest Ever One-Day Sales for American Silver Eagles?
January 7, 2013 By Michael Zielinski

"Today, January 7, 2013, the United States Mint began accepting orders from authorized purchasers for 2013-dated American Silver Eagle bullion coins. The opening day sales tally of 3,937,000 coins seems to represent the highest one-day sales total in the history of the program."


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Sales of precious metals

are always high at the beginning of the year. The reason is all of the gold dealers buy them and turn them into "First Strike" or "Early Release" coins they get slabbed by PGCS allowing them to mark them up and get more commissions from investors.

No one will care about your shiny coins should we get to the point in time where precious metals are considered money again. The gold and silver content value will trump such numismatic value (or potential value). Sure, the rich may hold onto their very rare coins, but for the average investor in metals, they are better off with buying coins that are as close to spot as possible.

There's a reason why these gold dealers advertise so much on mostly right wing television and radio shows like Hannity, Levin, etc. and on the internet with Beck; they can afford to! Most of the listeners don't have a clue what they are buying but trust the person on the phone because Glenn Beck tells them he does business with them! He doesn't tell his listeners that the gold company he recommends has a shrine built to him at their headquarters.

Author of Buy Gold and Silver Safely
Next book: Illusions of Wealth - due out soon
Also writing book We the Serfs!