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American Silver Eagle Coins have been one of the most popular if not the most popular silver coin that is one the market and the United States Mint has announced that they have reached 9 million of the American Silver Eagle Coin minted so far in 2011. According to figures that have been released by the Mint, The American Silver Eagle Coin was able to have 6 million of the Silver Eagle Coins minted and the numbers for February will show that there should be a little over 3 million of the coins sold for the month.
The American Silver Eagle coin did see a major dropoff from January and analysts say that while the price of silver coins and silver bullion have been taking off, the demand as of late has been decreasing.
Some people have been saying that the silver demand shot up due to the Indian wedding season and the Chinese Lunar New Year of the Rabbit that has just begun, both of these using silver as presents.
India and China are the biggest importers of silver in the world. The big thing about silver with these two countries is that they want to start using silver more and more in their everday businesses, so demand should rise over the course of the year.
The United States Army Silver Dollar coin and proof has also been an excellent performing silver coin. The Mint has also announced that they will be releasing a Medal of Honor Silver Coin and proof set on Friday, February, 25th.
It has not been said what the projection is on these new coins and they said that they would be able to have those numbers sometime within the first week of minting. It all is pointing to the trend that is being followed all across the world that silver coins and gold coins are bullish investments and ones that could bring back excellent returns with the status of the economy and the demand all across the world
