26
November
Gold-Coin Sales Halted by U.S. Mint, Citing Low Inventory Level
26 November 2009 Bloomberg.com
The U.S. Mint has suspended sales of most American Eagle coins made from precious metals including gold and silver, citing depleted inventories of the metals after sales surged 88 percent in the first 10 months of this year.
Sales will resume “once sufficient inventories of gold- bullion blanks can be acquired to meet market demand,” the mint said in a statement posted on its Web site. Gold coins affected by the suspension include the American Eagle. The uncirculated versions of the 2009 coins won’t be resumed, the mint said.
No one in the mint’s press office was available to respond to questions after 3 p.m. in Washington.
http://www.bloomberg.com/apps/news?pid=20601012&sid=aVSRZyrItDkE
