Final 2015 Silver Eagle Allocation Set at 1.13 Million

by Mike Unser on December 14, 2015 · 2 comments

Bullion Silver Eagle

This year’s last allotment of 2015 American Silver Eagles was set at 1,130,000

The United States Mint on Monday established the final weekly allocation of American Eagle silver bullion coins. The agency has limited sales of the one-ounce, .999 fine silver coins for most of the year because of silver planchet shortages.

This week’s allocation climbed 5.1% to 1,130,000 coins. Last week’s supply jumped 16.8% to 1,075,000 coins from the prior weekly limit of 920,500 coins. The U.S. Mint stopped striking 2015-dated American Silver Eagles last week so it can start building an inventory of new coins for next year. The 2016-dated American Silver Eagle launches on Jan. 11.

Even with rationing, 2015 Silver Eagles scored a sales record that continues to grow. The record can top out at 47,000,000 coins, up 6.8% from the previous annual sales record set in 2014 at 44,006,000 coins.

Produced annually since 1986, the U.S. Mint does not sell American Eagle silver bullion coins directly to the public. They are instead sold through a network of authorized purchasers. AP’s, consisting of major coin and bullion dealers, brokerage companies, and other participating financial intermediaries, pay the U.S. Mint $2 more than the spot value of each coin they buy.

The limited availability of Silver Eagles has given sellers a reason to charge higher premiums. Today, consumers are paying from about $4 to $5.50 per coin over spot with discounts offered at larger quantities.

{ 2 comments… read them below or add one }

eric December 15, 2015 at 12:55 pm

I ordered 10 from govmint.com for 2016 already. . Tho they’re usually high priced, at $17.95 each, that’s as good a deal as I’ve seen. …

Seth Riesling December 16, 2015 at 7:17 pm

eric –

As you stated govmint is way overpriced on most of their products & they try to pass off medallions as coins. So be careful. They are located in Minnesota outside Minneapolis & both the U.S. Federal government & the Minnesota state government have called Minnesota a “breading ground for numisnatic fraud ” & they are under investigation. Do your research & you will be fine. Good luck in your collecting eric.

-NumisDudeTX

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