Global Mints Report Record Silver Coin Sales for 2015

Gold coin sales register fifth best year since 2002, 30% increase over 2014

by Michael J. Kosares
Silver Seek

[…] Global investors snapped up a record 89.6 million one ounce silver coins in 2015, according to USAGOLD’s annual survey of global bullion coin sales. The strong 2015 showing follows an equally impressive 2014 for silver coins at 77.9 million ounces and 2013 at 85.4 million ounces. Year over year, silver bullion coin demand was up 14% from 2014. Last year was a banner year for gold bullion coin sales as well – the fifth best since 2002. National mints sold 2.75 million ounces in 2015 – an impressive 30% increase over 2014.

There was nothing to distinguish 2015 from previous years except that the price was right for both metals. Gold started the year at $1188 per ounce and ended it at $1061. Silver, the more volatile of the two metals, began the year at $15.73 per ounce and ended at $13.83.

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