Rationing stops for gold Eagles

The Mint is catching up with demand for one-ounce American Eagle gold bullion coins.

The Mint is catching up with demand for one-ounce American Eagle gold bullion coins. It is no longer rationing the supply through its allocation system.

So far in 2010, the Mint has sold 217,500 one-ounce gold coins, though 51,000 of those were dated 2009.

The Mint confirmed March 17 that it no longer has any of the 2009-dated gold Eagle coins left.

On the other hand, the rationing of silver American Eagles continues as demand continues to outstrip supply.

So far in 2010, the Mint has sold 7,542,500 one-ounce silver coins.

If the Mint can catch up and keep the market for bullion coins adequately supplied, the Mint will be in a position to bring back the “W” mintmarked proof and uncirculated collector versions that were not produced in 2009.

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