Mint Resumes Gold Eagle Sales
Overwhelming demand forced the United States
Mint to suspend one-ounce American Eagle gold
coin sales to their network of Authorized
Purchasers on August 17.
The suspension of the investment gold coins has
been lifted — at least on a limited basis,
according to a U.S. Mint memo to its authorized
dealers on August 22.
“The unprecedented demand for American Eagle
gold one-ounce bullion coins necessitates our
allocating these coins among the authorized
purchasers on a weekly basis until we are able
to meet demand."
Reuters’ Frank Tang wrote Monday,
The Mint said that it will equally divide its
Eagles inventory available for sale each week
into two equal pools, with the first allocated
equally among all authorized dealers, and the
second pool distributed according to the
dealers’ past sales performance.
Fractional American Eagle gold coins — outside
the one-ounce weight — were not suspended. Nor
were fractional American Buffalo gold coins.
In addition, collector versions of the Mint gold
coins did not suffer suspension, although the
decline in gold prices without a similar coin
price reduction has resulted in much higher
premiums for collectors to assume.
American Eagle platinum collector coins were
pulled in early August for price adjustments,
and have not yet returned to the Mint’s online
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