In fact, when totaling up all the silver American Eagle bullion ever sold by the Mint from the program’s inception in 1986 through the end of 2011, the number of ounces is 281,145,500. At silver’s modern-day high of roughly $50 per ounce, which silver has obviously not averaged over that time period, the total dollar amount sold would only be slightly over $14 billion. This is a completely trivial amount in the grand scheme of the investing world.
via Record Breaking Sales Of Bullion Coins Continues – Seeking Alpha.