The US Mint on Monday ended the allocation process which limited the number of gold and silver American Eagle bullion coins authorized dealers could order. Ironically, as of Monday also, week-over-week sales soared 8.1 percent for the silver eagles and 9.1 for the gold eagles.
Even with the latest surge, the Mint is apparently confident that enough silver and gold blanks are on hand that rationing is no longer needed — at least in the near term.
And with that, a buzz of excitement immediately begins with collectors now wondering whether the Mint has sufficient inventory to begin producing the previously suspended 2009 collector proof and uncirculated versions. Of that, no word has yet been given.
1 comments:
Hello Nicholas,
It seems like the Government is always a year late, and a dollar short. The days of 5 coin proof and mint sets are over.
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