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U.S. Mint to lift ration for American Eagle silver coins

May 30, 2014 in Coins, Collecting, Investing, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

(Reporting by Frank Tang). May 30 (Reuters) – (http://www.reuters.com) The U.S. Mint said on Friday it will cease rationing its popular American Eagle silver bullion investment coins, as retail investment demand has waned.

The Mint, which started rationing the coins last year amid red-hot demand, said that its authorized dealers can buy as many silver Eagles as they wish effective Monday, June 2.

The U.S. Mint has been allocating, or rationing sales of silver coins to its authorized dealers since late January, 2013 following a brief suspension as unprecedented demand depleted silver coin blanks.

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