US Mint Sold Out of Silver Eagle Bullion Coins Until January 7, 2013

Authorized purchasers will be faced with a three week period during which there will be no American Silver Eagle bullion coins available to order from the United States Mint.

The Mint recently informed authorized purchasers that all remaining inventories of 2012-dated Silver Eagle bullion coins had sold out and no additional coins would be struck. Since the 2013-dated coins will not be available to order until January 7, 2013, this leaves a three week void for the Mint’s most popular bullion offering.

As with other bullion programs, the US Mint does not sell Silver Eagle bullion coins directly to the public, but distributes them through a network of authorized purchasers. The primary distributors are able to purchase the coins in bulk quantities at a price based on the market price of silver plus a fixed mark up. The coins are then resold to other bullion dealers, coin dealers, and the public.

The US Mint originally began accepting orders for the 2012 Silver Eagles from authorized purchasers on January 3, 2012. After a strong January, monthly sales trailed the levels of the prior year until October when demand started to move higher. In November, bullion sales continued their renewed strength, with sales of American Gold and Silver Eagles more than doubling the figures from the year ago period.

The strong sales in November caused the United States Mint to adjust their production plans for one ounce and one-tenth ounce American Gold Eagle bullion coins in order to avoid selling out prior to the end of the year. Apparently, the Mint did not adjust production plans for American Silver Eagle bullion coins.

Sales figures published on the Mint’s website indicate sales of 1,403,000 of the one ounce Silver Eagle bullion coins for the month of December. Year to date sales have reached 33,510,500.


  1. Liberty says

    These coins are so beautiful. Each one purchased puts a nail in the Federal Reserve coffin. “Con”gress sold the soul of the United States to these banker frauds and we’ve had exponential debt growth and inflation (stealing from US Citizens) ever since. Give us the gold in Fort Knox and 33 Liberty St. We want it back. You can keep your 16 Trillion in debt you ponzi crooks.

  2. says

    The U.S. Mint seems to have some management issues here. Any idea why they would not have stepped up production? Any surplus production could simply have been sold next year.

  3. Teddy says

    The answer i believe, is that the u.s. mint is required to make them of american silver. Like last year america only mined 40 million ounces of silver, and made 38 million eagles. So while jewelers etc can buy foreign silver. The mint may be running out of silver. Also if they restrict this coin or that coin, for a few weeks, they can prolong the ponzi scheme a little longer.

  4. says

    The Mint is of course under the supervision of the Treasury Secretary, and we have a ferociously pro-synthetic currency Treasury Secretary in Tim Geithner. He feels about the gold/silver bullion products the way an exterminator feels about rats carrying the hantavirus, and though he’s bound by statute, appearances are he occasionally gets away with flouting it. Who’s gonna indict him, the Justice Department? The nation’s legal machinery was absorbed by the Money Power literally ages ago. And he supports the Obummer tax increases on the “rich,” because his pals have trusts and foundations by which to dodge it all, while the higher rates trim back their potential competitors. Obummer isn’t out to get all the rich, just most of them who aren’t associated with the right organizations, the most important of which is the last globalist group on earth still refusing to issue roster for public view. Even Bilderberg issues a list, not this OTHER one!

  5. Paul says

    Yet, the price of physical silver falls. It’s apparent to a freshman economics student that the normal price as determined by supply and demand is being manipulated.

  6. rex says

    Could be that the physical cliff is expected to be unresolved the 1st week of 2013, and they have planned to be shutdown until the 7th.

  7. cjc says

    The entire un-backed fiat monetary system is on the brink of collapse. The only thing the FEDs can do is keep printing until they run out of ink or people wake up and demand delivery of the metal they have already purchased–just to find out guess what???? There is no Silver!!!! In fact THE SAME CAN BE SAID FOR Gold!!! There is not enough Gold or Silver to cover the purchases which have already been made—let alone to cover more purchases. This corrupt ass gov needs to be locked up for all the lies and laws they break and continue to break every day. Silver is 5 times more rare than Gold and it is an absolute necessity in everyday life. The price has been artificially suppressed for 40 years now. Protect the US dollar at all costs—thats what it boils down to. Lie ,cheat,steal,and yes even kill—but they must keep the biggest fraud in the history of mankind alive—the biggest PONZI ever is—-paper money.

  8. Bobby says

    In regards to Silver production in the US. The US does not have to use Silver in this country to produce Silver Eagles. However, there is an incredible amount of confusion about a second law which allegedly states that the US Mint must supply its silver “blanks” from domestic resources. At present, two of these resources are the Sunshine Mint and Stern-Leach.

    However, many contend that the ‘domestic supply’ law doesn’t actually exist for silver, but has been confused with a different law on the books for gold, PUBLIC LAW 99-185—DEC. 17, 1985 99 STAT. 1179.
    “(4) The Secretary shall acquire gold for the coins issued under section 5112(i) of this title by purchase of gold mined from natural deposits in the United States, or in a territory or possession of the United States, within one year after the month in which the ore from which it is derived was mined.”
    There is no mention of silver in this law. In fact, the only mention we found for silver supply chain requirements comes from Title 31 U.S.C. § 5112 : US Code – Section 5112: Denominations, specifications, and design of coins:
    “(C) Sources of bullion. – The Secretary shall obtain silver for minting coins under subparagraph (B) from available resources, including stockpiles established under the Strategic and Critical Materials Stock Piling Act.”

  9. speak says

    Perfect timing to stop having them available with the planned take down of the spot price on silver by 4 to 5 dollars over the past month.

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