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Allocation Lifted for American Silver Eagle Bullion Coins

May 30, 2015 in Bullion, Coins, Coins for sale, Collecting, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

silver-eagle

Effective Monday, June 1, 2015, the United States Mint’s American Silver Eagle bullion coins will no longer be subject to allocation. For the first time this year, authorized purchasers will be able to order the coins without limitations.

During periods when demand for bullion coins has exceeded the available supply, the United States Mint has utilized an allocation program to ration available coins amongst their authorized purchasers. Allocation was used for the first time in 2008 when a surge in demand for physical precious metals exhausted the Mint’s supplies of gold and silver bullion coins. After brief suspensions, sales… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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