Canadian Silver Maple Leaf Sales Shatter All Records
You see, there’s a new Silver Sheriff in town, and it happens to be located north of the U.S. border. While Silver Eagle sales and growth were impressive in 2013, Silver Maples outgunned the competition by a wide margin.
According to the data released by the Royal Canadian Mint, there were 28.2 million Silver Maples sold in 2013. This is an astonishing figure as it was a 56% increase over the 18.1 million ounces sold in 2012.
While the U.S. Mint increased its sales of Silver Eagles from 33.7 million in 2012, to 42.7 million in 2013… this was only a 27% increase year over year. However, the increase in Silver Maples sales were more than double (56%) the rate of Silver Eagles.
In just one year, Silver Maple sales at the Royal Canadian Mint increased 10.1 million ounces compared to the 9 million ounce gain of Silver Eagles from the U.S. Mint.