The US Mint produces bullion coins annually based on investor demand. The mint has started to recover from the supply chain and production issues that impacted sales last year.
However, year-over-year sales of silver eagles are down so far in 2023.
For January, the mint posted sales of Silver Eagles, with 3,949,000 coins sold. This is substantially lower than the same period the previous year, when the mint posted sales of 5,001,000.
For the first week of February, the mint posted sales of just 450,000.
In recent weeks dealer we’ve seen premiums on current year silver eagles have been dropping.
However, some silver investors have found suitable lower premium replacements with silver coins from other mints.
Most dealers have 2023 Silver Eagles in stock and ready to ship in single quantity, tubes of 20 coins and 500 troy ounce monster boxes.