As the first retailer to ship the U.S. Mint’s 2016 American Silver Eagles, APMEX is pleased to announce the product line is in stock and shipping immediately. APMEX buys directly from the U.S. Mint, unlike many other retailers, and for this reason is able to provide MintDirect® 2016 Silver Eagles. This latest release marks the 30th anniversary of the American Eagle bullion program.
In order to accomplish the great undertaking of being the first retailer to ship 2016 Silver Eagles, APMEX employees gave up their Saturday and worked overtime to get all pre-sales out the door. “Interest continues to be at an all-time high as our pre-sale volume demonstrated,” APMEX CEO Ken Lewis said.
In 2015, the Silver American Eagles set another annual sales record. The demand hasn’t stopped there, as 2016 is already off to another record-setting year. The U.S. Mint has already recorded 3,500,000 Silver Eagles sold in 2016. Gold American Eagles have also seen high demand, with the U.S. Mint already selling 72,000 ounces of Gold American Eagles through the 1 oz, 1/2 oz, 1/4 oz and 1/10 oz options.
The other factor driving demand for this American Eagle release is the date. Since 2016 marks the 30th year of production for this ever-popular coin series, American Eagles have turned into one of the go-to options for a majority of Precious Metals investors.
“We are excited for the 2016 American Eagle launch. We are happy our direct relationship with the U.S. Mint allows us to get these coins into our customers’ hands first and at a reasonable price,” Lewis said.
All American Eagle coins are backed by the U.S. government, giving them strong appeal with Precious Metals investors because of their premium appreciation. As another year comes and goes, past coins in this series will continue to appreciate in value.