"Unprecedented Demand" - US Mint Sells Nearly As Much Gold On First Day Of 2016 As All Of January 2015

http://www.zerohedge.com/news/2016-01-11/us-mint-slammed-unprecedented-demand-precious-metals

US Mint Sells Most Physical Gold In Two Years On Same Day Gold Price Hits Five Year Low

Buy the dip.

http://www.zerohedge.com/news/2015-07-24/us-mint-sells-most-physical-gold-two-years-same-day-gold-price-hits-five-year-low

Silver Coin Sales At US Mint Soar To Highest In Two Years

http://www.zerohedge.com/news/2014-11-02/october-silver-coin-sales-us-mint-soar-highest-two-years

US Mint Resumes Selling One-Tenth Ounce Gold Coins... At A 40% Premium To Spot

I suspect some of you were skeptical when I was ranting about the bifurcation between artificially suppressed paper prices and the prices for physical gold and silver.

Some of you may have cynically passed it off as opportunistic coin dealers charging a high premium and talking their books, especially on silver when premiums soared to 30% above spot after the waterfall decline of paper silver in mid-April.

Guess what?  Don't blame the dealers--it's the US Treasury Mint itself who is now charging a 40% premium on 1/10 oz. gold coins.  The mints charge a premium to the wholesalers, who charge a premium to the retailers.  The retail dealers' profit margin is minuscule, because after all, it's just money changing hands, not investments.

But when there is a physical shortage, market forces dictate that the suppliers can charge whatever they want.  The US Treasury Mint is no different.

If you listen to today's financial media, Bloomberg News is once again profiling commodities "experts" demonizing gold.  Meanwhile, their pals are loading up on the physical bullion--even while the ETF's are unloading paper gold--the virtual kind.

http://www.zerohedge.com/news/2013-05-28/us-mint-resumes-selling-one-tenth-ounce-gold-coins-40-premium-spot

Well: we have good news - as of moments ago the US mint has once again restocked on the popular denomination (with a 20,000 production limit), and without a limit per household. The even better news: the coin will set you back just $195. This means a "tiny" 40% premium to spot.

US Mint Sales of Gold Coins Hit 3-Year High

http://www.moneynews.com/Markets/Mint-Sales-Gold-Coins/2013/04/24/id/501248?s=al&promo_code=9898-1

US Mint Gold Sales Surge To Highest Since 2009

http://www.zerohedge.com/news/2013-04-24/us-mint-gold-sales-surge-highest-2009

U.S. Mint suspends some gold coin sales after demand surge

http://www.reuters.com/article/2013/04/23/us-usmint-gold-suspension-idUSBRE93M1HE20130423?feedType=RSS&feedName=businessNews

US Mint Sells Record 63,500 Ounces Of Gold In One Day

MUST READ.

http://www.zerohedge.com/news/2013-04-17/us-mint-sells-record-63500-ounces-gold-one-day

US Mint Out Of Silver Coins - Suspends Sales

http://www.zerohedge.com/news/2013-01-17/us-mint-out-silver-coins-suspends-sales

Authorized Purchasers,

The United States Mint has temporarily sold out of 2013 American Eagle Silver Bullion coins.  As a result, sales are suspended until we can build up an inventory of these coins.  Sales will resume on or about the week of January 28, 2013, via the allocation process.

Please feel free to call us if you have any questions.

Regards,

Jack A. Szczerban
Branch Chief, Precious Metals Group
Department of the Treasury
United States Mint

US Mint Gold and Silver Sales

Any questions?

Click on Image to Enlarge.

Silver Numismatic Products Suspended Pending Price Increase

http://mintnewsblog.com/2012/10/silver-numismatic-products-suspended-pending-price-increase/

Silver moving towards $40 an ounce as Ron Paul to investigate the US Mint

http://www.examiner.com/finance-examiner-in-national/silver-moving-towards-40-an-ounce-as-ron-paul-to-investigate-the-us-mint

United States Mint Seeks Public Comment on Factors to be Considered in Research and Evaluation of Potential New Metallic Coinage Materials

I guess the US Mint is out of silver.  Contact them and let them know what materials you desire for your coins.

http://www.usmint.gov/pressroom/?action=press_release&id=1219

United States Mint Seeks Public Comment on Factors to be Considered in Research and Evaluation of Potential New Metallic Coinage Materials

WASHINGTON - The United States Mint today announced that it is requesting public comment from all interested persons on factors to be considered in conducting research for alternative metallic coinage materials for the production of all circulating coins.

These factors include, but are not limited to, the effect of new metallic coinage materials on the current suppliers of coinage materials; the acceptability of new metallic coinage materials, including physical, chemical, metallurgical and technical characteristics; metallic material, fabrication, minting, and distribution costs; metallic material availability and sources of raw metals; coinability; durability; sorting, handling, packaging and vending machines; appearance; risks to the environment and public safety; resistance to counterfeiting; commercial and public acceptance; and any other factors considered to be appropriate and in the public interest.

The United States Mint is not soliciting suggestions or recommendations on specific metallic coinage materials, and any such suggestions or recommendations will not be considered at this time.  The United States Mint seeks public comment only on the factors to be considered in the research and evaluation of potential new metallic coinage materials.

The recently enacted Coin Modernization, Oversight, and Continuity Act of 2010 (Public Law 111-302) gives the United States Mint research and development authority to conduct studies for alternative metallic coinage materials.  Additionally, the new law requires the United States Mint to consider certain factors in the conduct of research, development, and solicitation of input or work in conjunction with Federal and nonfederal entities, including factors that the public believes the United States Mint should consider to be appropriate and in the public interest.

Comments must be submitted on or before April 4, 2011.  Interested parties may submit written comments by any of the following methods:

E-mail:	coinmaterials@usmint.treas.gov
Fax:	(202) 756-6500
Mail:	New Coin Materials Comments Mail Stop:  Manufacturing 6 North United States Mint 801 Ninth Street, N.W. Washington D.C.  20220
Hand Delivery/Courier:  Same as mail address.

For further information, contact:  Jean Gentry, Deputy Chief Counsel, United States Mint at (202) 354-7359 (not a toll-free call).

Contact:

Press inquiries:  Mike White (202) 354-7222

Customer Service information:  (800) USA MINT (872-6468)

American Eagle Silver Uncirculated Coin

This is becoming a common occurrence:  the US Mint is out of silver.

http://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?catalogId=10001&storeId=10001&categoryId=13738&langId=-1&parent_category_rn=10191&top_category=10191

Production of United States Mint American Eagle Silver Uncirculated Coins continues to be temporarily suspended because of unprecedented demand for American Eagle Silver Bullion Coins. Until recently, all available silver bullion blanks were 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 . . . .” Although the demand for precious metal coins remains high, the increase in supply of planchets—coupled with a lower demand for bullion orders in August and September—allowed the United States Mint to meet public demand and shift some capacity to produce numismatic versions of the American Eagle One Ounce Silver Proof Coin. However, because of the continued demand for American Eagle Silver Bullion Coins, 2010-dated American Eagle Silver Uncirculated Coins will not be produced. The United States Mint will resume production of American Eagle Silver Uncirculated Coins once sufficient inventories of silver bullion blanks can be acquired to meet market demand for all three American Eagle Silver Coin products.

US Mint Reports January Silver Sales Hit 26 Year High

http://www.zerohedge.com/article/us-mint-reports-january-silver-sales-hit-26-year-high

American Eagle Silver Uncirculated Coin

From the horse's mouth--the US Mint:

http://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?catalogId=10001&storeId=10001&categoryId=13738&langId=-1&parent_category_rn=10191&top_category=10191

Production of United States Mint American Eagle Silver Uncirculated Coins continues to be temporarily suspended because of unprecedented demand for American Eagle Silver Bullion Coins.

US Mint has run out on Buffalo gold coins

http://af.reuters.com/article/metalsNews/idAFN2711303520100927

The U.S. Mint has run out of a type of highly pure gold coin it had been selling amid record high prices of gold.

The mint said it will not stock more of the 1-ounce, 24-karat American Buffalo bullion coins.

"The United States Mint has depleted its inventory of 2010 American Buffalo One Ounce Gold Bullion Coins," the Mint said in a statement, seen by Reuters on Monday.

Officials at the Mint could not immediately be reached for comment.