First Quarter Canadian Maple Leaf Sales Up A Hefty 24%
While Silver Eagles sales in Q1 declined slightly year-over-year due to a backup at the U.S. Mint, Canadian Maple Leaf sales reported a 24% increase.
In 2013, there were 6.6 million Maple Leaf sales during the first quarter. However, this year sales jumped an additional 1.6 million for a total of 8.2 million for the period.
Furthermore, total sales last year reached 28.2 million and if the trend continues, we could see a new annual record between 30-32 million Silver Maples.
On the other hand, Gold Maple Leaf sales declined 35% from 269,000 oz during the first quarter of 2013 to 176,000 oz this year. While Canadian Gold Maple sales are off compared to last year, the percentage decline in Gold Eagles was even greater.