Sean Brodrick -

Is the Mint Running Out of Silver?

by Sean Brodrick on June 2, 2010

You’ll remember that last Friday, I wrote a piece titled:  “Get Your Gold and Silver Coins Now

Today, the U.S. Mint announced that:

Production of United States Mint American Eagle Silver Proof and Uncirculated Coins has been temporarily suspended because of unprecedented demand for American Eagle Silver Bullion Coins. Currently, all available silver bullion blanks are being allocated to the American Eagle Silver Bullion Coin Program, as the United States Mint is required by Public Law 99-61 to produce these coins “in quantities sufficient to meet public demand.

Note:  The U.S. Mint is still making Silver Eagles.  They’ve run out of silver for some silver coins.  But you have to wonder how long their silver stockpiles will last.

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