US Mint Out Of Not Only Silver But Gold American Eagles As Well

[Lumi]

US Mint Out Of Not Only Silver But Gold American Eagles As Well
Posted By admin On June 2, 2010 @ 12:31 pm In Featured Stories | 15 Comments
Tyler Durden
Zero Hedge <SUP>[1]</SUP>
Wednesday, June 2, 2010
Update: After following up with the Mint, any shipments and deliveries of American Eagle 2010 edition both gold and silver are TBD and the mint has no idea on when these will be received if at all this year. A small shipment of American Buffalo gold coins will go on sale on June 3 at noon. The mint expects these to sell out promptly.
Earlier we reported <SUP>[2]</SUP>that the US Mint has run out of American Eagle silver coins. It turns out the Mint is also out of gold American Eagles. Here is the US Mint page linking to various American Eagle subcategories <SUP>[3]</SUP>.
And here is the specific ?availability? of:
1. American Eagle Gold Proof Coins <SUP>[4]</SUP>:

Production of United States Mint American Eagle Gold Proof and Uncirculated Coins has been temporarily suspended because of unprecedented demand for American Eagle Gold Bullion Coins. Currently, all available 22-karat gold blanks are being allocated to the American Eagle Gold Bullion Coin Program, as the United States Mint is required by Public Law 99-185 to produce these coins ?in quantities sufficient to meet public demand . . . .?
The United States Mint will resume the American Eagle Gold Proof and Uncirculated Coin Programs once sufficient inventories of gold bullion blanks can be acquired to meet market demand for all three American Eagle Gold Coin products. Additionally, as a result of the recent numismatic product portfolio analysis, fractional sizes of American Eagle Gold Uncirculated Coins will no longer be produced.
Update: Due to the continued, sustained demand for American Eagle Gold Bullion Coins, 2009-dated American Eagle Gold Proof Coins will not be produced.

2. American Eagle Gold Uncirculated Coins <SUP>[6]</SUP>:

Production of United States Mint American Eagle Gold Proof and Uncirculated Coins has been temporarily suspended because of unprecedented demand for American Eagle Gold Bullion Coins. Currently, all available 22-karat gold blanks are being allocated to the American Eagle Gold Bullion Coin Program, as the United States Mint is required by Public Law 99-185 to produce these coins ?in quantities sufficient to meet public demand . . . .?
The United States Mint will resume the American Eagle Gold Proof and Uncirculated Coin Programs once sufficient inventories of gold bullion blanks can be acquired to meet market demand for all three American Eagle Gold Coin products. Additionally, as a result of the recent numismatic product portfolio analysis, fractional sizes of American Eagle Gold Uncirculated Coins will no longer be produced.
Update: Due to the continued, sustained demand for American Eagle Gold Bullion Coins, 2009-dated American Eagle Gold Uncirculated Coins will not be produced.
​

For those looking for Platinum, the 2010 on sale date is still TBD:

In 2009, the United States Mint introduced a new six-year platinum coin program. This new series explores the core concepts of American democracy by highlighting the Preamble to the United States Constitution. This program will examine the six (6) principles of the Preamble as follows:
1. 2009?To Form a More Perfect Union, SOLD OUT
2. 2010?To Establish Justice,
3. 2011?To Insure Domestic Tranquility,
4. 2012?To Provide for the Common Defence,
5. 2013?To Promote General Welfare, and
6. 2014?To Secure the Blessings of Liberty to Ourselves and our Posterity.
The themes for the reverse designs for this program are inspired by narratives prepared by the Chief Justice of the United States, John G. Roberts, Jr., at the request of the United States Mint.
2010 on sale date: To be determined.
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<HR style="TEXT-ALIGN: center" class=Divider>Article printed from Prison Planet.com: http://www.prisonplanet.com
URL to article: http://www.prisonplanet.com/us-mint-out-of-not-only-silver-but-gold-american-eagles-as-well.html

URLs in this post: [1] Zero Hedge: http://www.zerohedge.com/article/us-mint-out-not-only-silver-gold-american-eagles-well
[2] reported : http://www.zerohedge.com/article/us-mint-runs-out-silver
[3] American Eagle subcategories: http://catalog.usmint.gov/webapp/wc...&identifier=1000&catType=image&catLink=prodAE
[4] American Eagle Gold Proof Coins: http://catalog.usmint.gov/webapp/wc...1&parent_category_rn=10191&top_category=10191
[6] American Eagle Gold Uncirculated Coins: http://catalog.usmint.gov/webapp/wc...1&parent_category_rn=10191&top_category=10191
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[yak merchant]

While Zerohedge may be the best website going. I think this article is a bit of fear mongering. I'm all about avoiding the fiat race to the bottom, but the only types of coins the mint sells directly are Proofs and Uncirculated. Apparently this is not the general gold and silver American Eagle bullion that is sold through dealers.