Monday, May 13, 2013

Experts Say Buy Silver Now

It’s an exciting time for those wanting to buy silver now.  The US Mint will release thirteen silver coins or silver set products in 2012.  The 2013-P Proof American Eagle Silver Coin will make its long awaited debut on January 4, 2012.  Appearing three months earlier this year, it is anticipated to be the silver market’s most popular product of the year.

The US Mint is also enticing those who are looking to buy silver now, with what they are calling The American Eagle West Point Two-Coin Silver Set.  The name may change  but it looks like it will have a West Point struck 2013-W Reverse Proof American Eagle Silver Coin and a West Point uncirculated American Eagle Silver Coin.

Customer interest is high for those looking to buy silver now and is inspired by the US Mint which is promoting the entire year’s scheduled releases, rather than a monthly surprise roll-out.

Silver coins continued to be the leading sellers in 2012.  The 2012 Silver Proof Sets sold 383,693 since their June 4th release.

The 2012-W Uncirculated American Silver Eagle coins sold 3,976 and the 2012 Limited Edition Silver Proof Sets sold 2,583.  Silver Eagles rose to 179,181 and the limited sets are at 26,937.

Looking ahead to 2012, the US Mint announced they will sell commemorative silver dollars to recognize the 75th anniversary of the March of Dimes Foundation.  Designs will be presented to the Citizen’s Coinage Advisory Committee for review.  Then, the Secretary of the Treasury will select the final design after consulting with the U.S. Commission of Fine Arts and the March of Dimes.

The following year, Mark Twain commemorative silver dollars and five dollar gold coins will be released.  Mark Twain is the pen name of author Samuel Clemens who is best know for his novel, The Adventures of Tom Sawyer, and the sequel, The Adventures of Huckleberry Finn.

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