The table below displays the US Mint’s 1988 Silver Eagle bullion sales figures.
During 1988, the US Mint sold 5,869,000 ounces of silver. This represented a sharp decline from the prior year, when pent up demand was a major source of demand. The silver value for coins sold during 1988 was approximately $37,942,970 calculated based on the average monthly price of silver and the bullion coins sales for each month.
The sales figures represent monthly sales totals, which may include coins minted in different years. Only bullion coin sales are included. The US Mint separately produced and sold proof coins for collectors.
| US Mint’s 1988 American Silver Eagle Bullion Sales | |||
| Ounces | Value* | Ave. Silver | |
| January | 790,000 | $5,316,700 | $6.73 |
| February | 700,000 | $4,438,000 | $6.34 |
| March | 1,300,000 | $8,333,000 | $6.41 |
| April | 780,000 | $5,031,000 | $6.45 |
| May | 650,000 | $4,251,000 | $6.54 |
| June | 50,000 | $351,000 | $7.02 |
| July | 100,000 | $710,000 | $7.10 |
| August | 226,000 | $1,516,460 | $6.71 |
| September | 353,000 | $2,248,610 | $6.37 |
| October | 305,000 | $1,915,400 | $6.28 |
| November | 400,000 | $2,516,000 | $6.29 |
| December | 215,000 | $1,315,800 | $6.12 |
| Total | 5,869,000 | $37,942,970 | |
| *calculated based on average monthly price of silver | |||
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