U.S. Mint has 3 mln oz of American Eagle silver coins as sales resume

86076_ObvThe U.S. Mint said on Monday it has 3 million ounces of its popular 2015 American Eagle silver bullion coins to sell on an allocated basis this week as it resumed sales after running out of stock almost three weeks ago.

 

From: http://www.reuters.com/article/2015/07/27/usmint-coin-sales-idUSL1N1070OH20150727

The mint halted sales on July 7 after selling out of inventory due to strong demand.

So far this month, the mint has sold 2.7 million ounces of the silver coins. (Reporting by Josephine Mason)

–ENDS

Take this with a grain of salt. In this writer’s opinion, yes the U.S. mint says it has 3 million ounces.  It has also sold 2.7 million ounces this month.  Do the math and unless the U.S. Mint gets more silver it may stop production once again sooner rather than later. Mind you, Silver Eagles can only be made with silver from the States.

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