• seperator

Mint rations silver Eagles

This article was originally printed in the latest issue of Numismatic News.
>> Subscribe today!


Even though the U.S. Mint had 469,500 leftover 2010 silver American Eagle bullion coins, it was taking no chances as it imposed rationing of the 2011 silver American Eagle supply on its Authorized Purchasers.

The Mint calls the rationing method “allocation.”

2011 U.S. Coin Digest
2011 U.S. Coin Digest

Up-to-date market prices in 11 grades of condition!
Get your copy today!

Also, in order to prevent Authorized Purchasers from ignoring the remaining 2010 supply, the Mint says that the coins are being sold off on a 5-1 ratio basis when ordering 2011 coins. That means the AP’s must buy one 2010 coin for every five 2011 coins they buy.

This system was used at the beginning of 2010 as well.

The supply situation for gold is much better. There is no rationing for the one-ounce gold American Eagle. AP’s can order as many 2011 coins as they like, however, they must take the 53,000 leftover 2010 one-ounce gold Eagles on a 4-1 order basis.

How long rationing of the silver Eagles will last is not known. Last year it continued until the end of August.

More Coin Collecting Resources:

State Quarters Deluxe Folder By Warmans

• Subscribe to our Coin Price Guide, buy Coin Books Coin Folders and join the NumisMaster VIP Program

Strike It Rich with Pocket Change, 2nd Edition

This entry was posted in Articles, General News, News. Bookmark the permalink.

Leave a Reply