Silver Bird

October 1998

Precious Metals:Data & Statistics

Silver Bird

Interest in investment and coin jewelry contributed to a 6.3% increase in the production of silver Eagle coins last year.

The U.S. Mint says it used 3.65 million ounces of silver to make the coins last year.

Sales of various commemorative silver coins also surged last year, rising 31.4% to 727,933 ounces.

No records are kept of how many ended up in jewelry and how many were bought for investment, but coin jewelry has done well at trade shows this year.

 

 

 



Copyright © 1998 by Bond Communications.


 

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