US Mint Sells Massive 3.9 Million Ounces Of Silver Coins In First Few Days Of 2013, Triple December's Total

Tyler Durden's picture

Just a few days ago we noted the massive surge in physical gold coin sales from the US Mint, with silver surprisingly lagging. Today, we see an even more dramatic surge in the sales of physical Silver Coins in the first week of January, which in a few short days hit 3.94 million oz, already surpassing the entire December total of 1.64 million ounces. It seems that the paper-to-physical currency rotation is gathering pace even as, or thanks to the trillion dollar platinum coin mercifully ending its 15 minutes of page-clicking, ad revenue infamy. In the secondary market, inventories (via APMEX) of Silver coins remain negligible, if any: American Eagles are available as follows: 2013s may be available 1/18, maybe not; 2012 - 0; 2011 - 0; 2010 - 0; 2009 - 0; 2008 - 0; 2007 - 0; 2006 - 0; 2005 - 0; 2004 - 0; 2003 - 0; 2002 - 0. They do have some 2000, 2001 and 2007, all about $5-6 over spot! It seems ever more people are getting nervous about the impact of currency wars on their "money"... or perhaps just want to make Silver shirts to attract the females?




(h/t Alex Gloy)

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Pladizow's picture

Arnt January sales typically an anomolly?

Dec production is halted early to start the next years production and all that demand is with held till Jan.

buzzsaw99's picture

+1 - dealers also buy the new year in bulk to sell to collectors.

ParkAveFlasher's picture

BS99 I don't care if its up, down, fundamentals, TA, T&A, rulers, droolers, slooshing or sloshing, charts, farts, and the lunar cycle, my call is wildly bullish at $90/oz in April and I'm sticking to it.

buzzsaw99's picture

not making the bear case just saying that plad has a valid point. good for you, think for yourself. when i feel strongly about something it doesn't matter if everyone in the whole world disagrees.

ParkAveFlasher's picture

Plad always has valid points.

I couldn't even classify myself as a bull REALLY.  I'm chin-deep in the silver pumper road to roota propaganda continuum, and I really believe that every fourth interview on KWN is the most important I'll ever read, and I'm this close to buying a fuckin GATA shirt, and I hear James Turk's voice in my head when I read his output, and I imagine swapping cookie recipes with Jim Sinclair, and I don't have a pot to piss in, but I don't care, it's so shiny, my precious, my birthday presentses, give us $90/oz you fat angry hobbitses, yesssss....?

DoChenRollingBearing's picture

I bought gold today.  While at the shop, a guy walks in and bought 25 ROLLS (500 oz) of Silver Eagles (not 2013 I presume), was counting his cash out as I was leaving...

O/T but not much!  I tried buying some 7.62 * 39, the range (a new place I had never been tp before) only sold me two boxes.  AK ammo is low in stock!  Another customer (down from KY) said there was NONE in his home state...


Gun range gave me a 1935 (stained & ratty, but no tears) $1.00 Silver Certificate in change.  Rocky, anyone: how much would that be worth?

otto skorzeny's picture

ammo is supposed to start coming in mid-Jan-keep an eye on your favorite seller

DCFusor's picture

I began loading my own ammo (and for my neighbors) years ago, and have a crap ton of parts for more on hand, so this (temporary?  Or mandated?) shortage really is a laugh for us.

What is more concerning right now (or will be) is that it seems everyone is out of primers too.  And I mean 0 in stock, no backorders.  I have "enough" but...that's one thing I'd hate to try to make myself.

Brass seems available, but price has been going up for a long time now.  Bullets ditto.  But I can also cast my own for low performance rounds like 7.62x39 or pistols, and I have tons of lead alloy.

I know a wholesale ammo maker on G+ - I'll ask her what the story is and get a straight answer I'm pretty sure.  She might be less sold out than the biggies, it's just a 3 person startup that sells mostly to police, etc, in bulk. 



insanelysane's picture

Start melting down pennies.

StychoKiller's picture

Primers contain fulminate of mercury, or so I've been told.

secret_sam's picture

Maybe the enterprising home chemist can figure out how to refine the stuff out from boxes of party-snaps.

bobola's picture

I stockpile bike parts for my 5 working commuter bicycles.

For some reason this seems very important to me.


Bastiat's picture

Maybe folks are thinking this may be the last year they will be minted . . .

Pool Shark's picture


The AP's always mass order any new releases of bullion coins from the US Mint, so they can rush them to NGC and PCGS to get the "First Strike" designation, which results in higher premiums charged to the masses when they flip them.

High January bullion sales in recent years are caused by this phenomenon.

Don't worry there's still plenty of silver bullion out there at low premiums:


Shell Game's picture

I hope that includes 26" and 700C rubber inner-tubes.  Store them vacuum sealed and away from UV.  Talk about a kick-ass barter item, at some point...

A Nanny Moose's picture

Bingo! I was just thinking about this last night. Still have a crapload of these left over from my racing days.


Black powder rifles as flintlocks need nothing but black powder, and lead. Think farther out than primers  - get your inner Boy Scout on !!!

flash338's picture

Try out bow making. Rocks and sticks are easy enough to come by.

"Traditional Bowyer's Bible" Vol 1 - 4

lakecity55's picture

1-.50 Hawken= 1 NATO stooge+AR+Ammo +spare army stuff.

laboratorymike's picture

I don't know about explosives, but being in the chemistry community I know that every chemical that could be used to make meth requires special permits to order. That rule started due to a bust where some grad students were manufacturing meth using lab equipment, and were busted becuase of the 45 kg sacks of reagent they ordered. Since no one ever orders that much in one order let alone repeatedly, the mailman figured it out.

Also, in very recent history the DHS started requiring nitric acid to be stored separately from all other acids in research labs, to make inspections easier. By extension, I think that most of the more explosive chemicals are all tracked, and it's one reason why more than half of a typical research grant is eaten up in overhead, as multiple university departments exist to handle regulatory compliance.

secret_sam's picture

    every chemical that could be used to make meth requires special permits to order

If you want to work in industrial-sized batches, yes, but the common biker-crank formula remains within reach of anyone who wants to do small cooks for personal use.

There are sources for smaller quantities of nitric acid (or fuming, even better) which are fairly easy to procure from, but you have to get to know the right people.

laboratorymike's picture

Regarding reagents, it's more like any quantity now, if you order in the normal market.

For the black market, I know that people can do it, and one characteristic problem with meth houses is that the main solvent is gasoline, and there usually isn't any vaporization equipment/very little used when distilling it off, making for a huge fire hazard. My mother did some volunteer work with the county DFACS, and there's a characteristic gasoline/mothball smell that gives it away, that and that sometimes the house is gone a few weeks later.

That's my main concern. A gun ban will create a new black market, be totally ineffective at its stated goal of stopping gun violence, and momre people will be hurt or killed in accidents trying to make their own gunpowder. But we all know that public safety was never the goal anyway.

jumbo maverick's picture

Secret Sam have you heard of indestructible Sam by Buck 65?

Overfed's picture

Party snaps use silver fulminate. EXTREMELY sensitive.

secret_sam's picture

FUCKIN' SILVER!!1!!eleven!!1

FeralSerf's picture

I don't think the non-corrosive primers that are commonly manufactured today have any mercury in them.   Some old military ammo may have mercuric primers though.

unrulian's picture

x39 was everywhere last year in Canada i order mine online, pretty spotty now most large dealers are sold out but you can still find it...i'm going to look into primers asap


" But - but - but - it only takes five silver dollars post collapse to dig that bullet out of my ass ! "

Million Dollar Bonus, Post Zombie Apocalypse. 

Yep, we had the B.C. era, then the A.D. era.

Time for the P.Z.A. era.

Try banning that shit, POTB. 

tenpanhandle's picture

I believe your silver certificate is worth..umm... one buck, if you spend it fast.

The Navigator's picture

re Silver Certificate - not knowing if 1935 is a 'collectors' year but otherwise it'd be worth $2 approx.

Ammo at WalMart (SoCal) is 'bare shelves'

devo's picture

They're collectible, and so are $2 bills now. Check the prices on eBay...these things are skyrocketing

Top_Kill's picture

2012 January sales were over 6 million. The predictive value of this is, unfortunatley, 0.

TraderTimm's picture


Says here anywhere from $3 - $16, mint condition is about $46.

Reference link:

Hope that is helpful.


DoChenRollingBearing's picture

1935H in crappy condition, my guess would be $1.50 having looked at eBay. $1.50 tops. THANK ALL OF YOU ABOVE!

tip e. canoe's picture

ot, do chen: just read your antifragile blog post.   good stuff, very thought provoking.    

"The System does NOT care about you, it only cares about itself!"

RockyRacoon's picture

I can't get diddly for a worn silver cert these days since they are just an old musty dollar. 

No silver swap allowed!  That makes them worth a dollar over the counter, but a few have some numismatic value.  However, the same old real estate rule holds true:  Condition, condition, condition.

Nage42's picture

All the ammo manufacturers had to retask their production lines to fill the DHS orders, no?


Can't be a good thing when your government is orders of magnitude the biggest sudden buyer of hollow-point ammo, "for target practice..."


klockwerks's picture

7.62X39 on line, box of 20 on sale at Cabelas, $7, good stock supply

Au's picture

Hey, you made me spill my coffee. That routine is worth taking on the road!

ParkAveFlasher's picture

Thanks, I'm here all week long. Every week nowadays. 

Seriously, the abuse to the price of physical takes a mental toll on a stacker, it does, and the reality is that I'm neither bull nor bear, because I don't trade or traffic, I collect and wait. Lots of wait-ers around here, so many that I feel comfortable having the occasional breakdown amongst like minds.

It hurts that I can't bring up the natural questions that gold and silver raise in regards to the definition of "money" and "asset" and "wealth" at the family table, because I've always been the "unbelievable one" to begin with.  To the point, a lot of the PM thinkers and doers out there come across so strongly to the contrarian side that I'm sucked in. 

Nage42's picture

Well, the other aspect is that you really don't want to be an evangelist in any public sense about PMs... that's the wrong kind of attention from the zombies when they realize "Winter is coming."

But you know that...  :D


toothpicker's picture

I hear Marc Faber's voice in my head. 

smlbizman's picture

there are currently no eagles on ebays first fifty...anybody who checks in with ebay knows the eagles dominate the whats up with eagles

Osmium's picture

Aydin Has some 2012 Eagles listed.  Not sure what is up as all they had a few days ago was silver maple leaf.

BooMushroom's picture

My coin shop charged me a higher premium for my last order, too, and has been very low on stock the last couple times I've been in.

tenpanhandle's picture

I went to and kyped this info to flesh this thread out, some.  Figures are for 2012 calandar year.

December sales of one-ounce American Eagle silver coins totaled 1,635,000, marking a drop of 48.3% from November and a decline of 18.6% from December 2011. The comparisons are skewed, however, since the 2012 dated issue sold out on Dec. 17, 2012.

Annual sales ended at 33,742,500 for the third highest total in the Silver Eagle’s 26-year history. Stronger years were in 2011 at 39,868,500 and in 2010 at 34,662,500. Sales last year were poised for second place until the sellout occurred.

zorba THE GREEK's picture

I wonder who bought the other 1.9 million?