officials confirmed Nov. 5 the Mint's inventory of 2014 American Eagle 1-ounce silver bullion coins has
Mint spokesman Michael White said plans were being developed to
replenish the inventory to meet the insatiable investment demand for
the bullion coins. A similar situation occurred a few weeks ago,
pushing the Mint to increase production to restock the bullion cupboards.
A notice was sent to the authorized purchasers Nov. 5: "This is
to inform you that due to the tremendous demand we have experienced in
the last several weeks, the U.S. Mint has temporarily sold out of its
American Eagle Silver Bullion Coins. We continue to produce 2014-dated
coins and will advise you when additional inventory will be available
UPDATE: U.S. Mint plans resumption of sales Nov. 17 for
American Eagle silver bullion coins
The Mint's authorized purchasers are currently unable to order the
coins until inventory is available.
The Mint expects to be striking 2014 coins through the end of the
year as long as demand remains. The Mint does not plan to resume
striking 2015-dated coins until the early part of January. Any 2014
coins struck but not sold in 2014 will be carried over to 2015. The
Mint struck an undisclosed quantity of 2015 American
Eagle silver bullion coins earlier this year before halting production
in order resume striking the 2014 coins.
As of Nov. 5, the Mint reported cumulative silver bullion American Eagle
sales at 39,096,000 coins, with 5.79 million coins sold just in October.
The Mint does not directly sell the bullion coins to the public.
Instead, the coins are sold to a series of authorized purchasers for
the closing spot price of the metal on a given day plus a premium of
$2 per coin. The coins are then resold to dealers and the public at a
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