As the price of silver and gold stay on their current rise, the demand for silver coins has risen. One of those silver coins that have started to rise comes from the United States Mint and it is their US Army Silver Commemorative Coins. According to the US Mint, the sales of the Army Silver Commemorative Coins rose from 760 proofs to nearly 1,300 and the uncirculated coins rose from 268 to 433 over the course of the last selling periods.
The performance of the Army Silver Commemorative Coins is certainly falling in line with the silver proofs and silver coins that the US Mint has released during the course of 2011. Without a doubt the best selling silver coin from the US Mint this year has been the 2011 American Silver Eagle Coins.
January seen nearly 6.5 million of the American Silver Eagle Coins sold and the numbers falling ever since, each month has seen at least 1.5 million of the coins sold and a total of nearly 14 million of the American Silver Eagle Coins sold during the first four months of the year.
The Medal of Honor Silver Coins and the America the Beautiful Quarters Silver Proof Set have also been selling very well since their recent debut but there has not been any official numbers as far as the sales go. Silver coins from the US Mint are certainly bound to see another rise in sales as the price of silver starts to rise.
The price of silver is at its highest in over three decades and with the current bleak news about the economy, there could be no end in sight as far as the price of silver will go. As of Monday, the price of silver per ounce was right at or near $44 and gold has been doing good as well as it is reaching a big barrier of $1,500 an ounce.