Comments on: US Mint Suspends Sales of Gold and Silver Eagle Coins http://news.coinupdate.com/us-mint-suspends-sales-of-gold-and-silver-eagle-coins-0053/ Coin Collecting News Thu, 29 Jul 2010 16:15:15 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Coin Update Staff http://news.coinupdate.com/us-mint-suspends-sales-of-gold-and-silver-eagle-coins-0053/comment-page-1/#comment-385 Coin Update Staff Thu, 03 Dec 2009 19:19:23 +0000 http://news.coinupdate.com/?p=1014#comment-385 The reason provided in statements by the US Mint was, "The U.S. Mint has depleted its current inventory of 2009 American Eagle one ounce bullion coins due to the continued strong demand." Other stories stated that the US Mint continues to produce coins and will resume sales in early December when they have built a sufficient inventory. The reason provided in statements by the US Mint was, “The U.S. Mint has depleted its current inventory of 2009 American Eagle one ounce bullion coins due to the continued strong demand.”

Other stories stated that the US Mint continues to produce coins and will resume sales in early December when they have built a sufficient inventory.

]]> By: The Angriest American http://news.coinupdate.com/us-mint-suspends-sales-of-gold-and-silver-eagle-coins-0053/comment-page-1/#comment-384 The Angriest American Thu, 03 Dec 2009 05:11:29 +0000 http://news.coinupdate.com/?p=1014#comment-384 I agree with James. Why were they discontinued? I guess we are supposed to not care. I agree with James. Why were they discontinued? I guess we are supposed to not care.

]]> By: Coin Update Staff http://news.coinupdate.com/us-mint-suspends-sales-of-gold-and-silver-eagle-coins-0053/comment-page-1/#comment-383 Coin Update Staff Wed, 02 Dec 2009 21:55:45 +0000 http://news.coinupdate.com/?p=1014#comment-383 Not necessarily. It indicates high enough demand to exhaust current inventories. Also, the last time the US Mint had to suspend bullion coin sales, they resumed them on a rationed basis. The prior suspensions and rationing caused higher premiums for the bullion coins. Not necessarily. It indicates high enough demand to exhaust current inventories. Also, the last time the US Mint had to suspend bullion coin sales, they resumed them on a rationed basis. The prior suspensions and rationing caused higher premiums for the bullion coins.

]]> By: DWG http://news.coinupdate.com/us-mint-suspends-sales-of-gold-and-silver-eagle-coins-0053/comment-page-1/#comment-382 DWG Wed, 02 Dec 2009 21:53:24 +0000 http://news.coinupdate.com/?p=1014#comment-382 This is a non-event because the US Mint will resume sales in December. 'nuff said. This is a non-event because the US Mint will resume sales in December. ’nuff said.

]]> By: James Chunn http://news.coinupdate.com/us-mint-suspends-sales-of-gold-and-silver-eagle-coins-0053/comment-page-1/#comment-380 James Chunn Tue, 01 Dec 2009 19:59:20 +0000 http://news.coinupdate.com/?p=1014#comment-380 Just curious, why no mention of reason for halt of production? It leaves me wondering if the suspension is because of the popularity of these coins with the American people. Just curious, why no mention of reason for halt of production? It leaves me wondering if the suspension is because of the popularity of these coins with the American people.

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