'twas the month of December
and all through the land
precious metals were stirring
again starting to look grand
I see promising signs in the price of metals and this time it looks more encouraging. Traffic is up on my silver web sites plus I have a new one to tell you about... but more on that later.
I have included pictures of the fabulous four silver bullion coins, reportedly the best selling silver bullion coins in the world. They are: the American silver eagle of which 42,675,000 were sold last year and that number has already been overtaken with just a few days of production left to go in 2014; the Canadian silver maple leaf of which 28,200,000 were sold last year with that number already have been overtaken for 2014; the Austrian silver Philharmonic of which 14,536,400 were sold last year (current year estimates unknown) and the Chinese silver panda of which a reported 8,000,000 were sold last year with 2014 numbers unknown.
Yes there other government issued silver bullion coins and numerous silver rounds, some more popular (and more attractive ) than others. But these are the top dogs and if you can get your hands on any of them at reasonable premiums, you will be in good shape for the coming explosion in silver prices.
Here are the totals for American Eagles thus far in 2014...
Platinum Eagles=16,900 one-ounce coins thus far
(don't look for more of these in 2014 or 2015 due to low demand)
Gold Eagles = 414,500 one-ounce coins
46,000 half-ounce coins
118,000 quarter-ounce coins
560,000 tenth-ounce coins
total ounces of Eagles gold = 523,000
2015 Gold Eagles will be available 1/5/2015
Silver Eagles = 43,051,000 one-ounce coins
top three months of production
October = 5,790,000
march = - 5,354,000
January = 4,775,000
2015 Silver Eagles will be available 1/12/2015
and here is the total for the...
American Buffalo (thus far in 2014) = 175,500 one-ounce 24k gold coins
2015 Buffaloes will be available 1/5/2015
As mentioned above, I have a new silver web site dedicated to a very unique silver coin - the Maria Theresa Thaler. This silver coin has a rich history (several decades old) and, in terms of popularity and acceptability, is almost unmatched. You can read more about this thaler (or taler) at M.T. Thaler.
If you have the time, also stop by my other silver web sites at SilverInvestingSimplified and SilverGuide to see what's new.
Thanks for reading and keep the faith.
Showing posts with label 24K gold buffalo. Show all posts
Showing posts with label 24K gold buffalo. Show all posts
Wednesday, December 10, 2014
Thursday, March 10, 2011
Silver Investing - Silver Nickels
In the fall of 2008, less than 30 months ago, the price of silver was $8.79 an ounce. Yesterday the spot price was over $36.50 at one time but today dropped back and now sits at $35.12. How many other investments can brag about those types of gains? If you invest in silver, you have to understand that silver is very volatile and these ups and downs are to be expected - especially with the world events now going on. Some very knowledgeable people are saying $50 silver is yet ahead so keep the faith.
The U.S Mint is taking quite a breather on the metals this month. So far in March only 717,000 Silver Eagles have been produced. This is after February's total of 3,240,000 and January's whopping 6,422,000 reported Silver Eagle production. I don't think this an indication that demand is slowing down because from everything I hear, demand is still sky high.
One of the things that caught my eye while visiting a coin shop in Laughlin was this Buffalo Nickel Set. The Buffalo Nickel was produced from 1913-1938 by the Philadelphia, Denver and San Francisco Mints (in 1938, the Jefferson Nickel took its place). If the design looks familiar, it should. The design was "borrowed" to produce the pure gold (24k) American Buffalo.
As you may be aware, there is no silver in the U.S. Nickel. The composition is 75% copper and 25% nickel. The only exception was during WWII when nickel was deemed a critical war material. So from 1942-1945, the nickel was composed of 56% copper, 35% silver and 9% manganese. After the war, the nickel returned to its original composition. Even though the nickel contains no silver, because of the metals it does contain the value is approximately .068 cents (not its .05 cent face value).
I have listed many of the common U.S. silver coins' compositions on my silver investing site. If interested, you can read it at Silver Bullion Coins. Thanks for reading.
The U.S Mint is taking quite a breather on the metals this month. So far in March only 717,000 Silver Eagles have been produced. This is after February's total of 3,240,000 and January's whopping 6,422,000 reported Silver Eagle production. I don't think this an indication that demand is slowing down because from everything I hear, demand is still sky high.
As you may be aware, there is no silver in the U.S. Nickel. The composition is 75% copper and 25% nickel. The only exception was during WWII when nickel was deemed a critical war material. So from 1942-1945, the nickel was composed of 56% copper, 35% silver and 9% manganese. After the war, the nickel returned to its original composition. Even though the nickel contains no silver, because of the metals it does contain the value is approximately .068 cents (not its .05 cent face value).
I have listed many of the common U.S. silver coins' compositions on my silver investing site. If interested, you can read it at Silver Bullion Coins. Thanks for reading.
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