While it could not be said if the shortage of coins which resulted in their distribution getting curtailed was a shortage of silver per se, one has to note that strict vendor policies by US Mint may have created a production lag along with the possible lacking of a minimum …read more
Interesting piece describing the shortages and suspensions of American Silver Eagle sales. The Silver Eagle is perhaps the most well known, and popular coin for bullion investors. Escalating demand led to a suspension in 2011 and again this year it seems.
One reason for this shortfall may be due to the law passed in the 1980s establishing the Gold and Silver Eagles. Very simply, this law states that all metals used to mint these coins must come from mines within the U.S. This alone could lead to shortages if demand is high enough. If and when the economy unravels again, we’ll likely see even more shortages…