The US Mint has just halted sales of fractional 1/10th oz gold eagles!  For now, sales continue for 1oz, 1/2 oz, and 1/4oz coins…although based on the fact that many wholesalers have already sold their next 2 months allocations forward and have now suspended sales, we suspect a complete halt for US mint gold and silver products is coming…and soon.


From Reuters:

The U.S. Mint has temporarily suspended sales of its one-tenth ounce American Eagle gold bullion coins because of inventory depletion due to strong demand, but continues to offer the one-ounce, one-half ounce and one-quarter ounce coins.


In a memo to its authorized purchases late Monday, the Mint said that gold coins sales in total ounces has been up more than 100 percent year to date over the same period last year.




2013 Silver Eagles Available (For Now) at SDBullion!

  1. They can obfuscate this, and talk down that, and claim nobody sees gold as a safe haven anymore…
    But they can’t print more eagles.  The physical is and has always been the key.  It’s too bad so many PM traders see it all as a casino and aren’t really interested in the metals- this could have been settled years ago, if it weren’t for them.  

  2. Of course this is great news.
    Yet – the reality is, in the mainstream theater of the absurd – all we’ll hear about the outflows from the etfs, and the prescient calls godman sachs made.
    The system will break in a disorderly fashion when the powers that be push too hard and blow their brains out, not before. IMO.
    Meanwhile I can pay spot plus 6 for a maple, and turn around and sell it for spot plus one. Seems logical.

  3. I don’t believe that banksters will allow people around the world to just take their gold – IMO we are VERY close to MAJOR event, after which PM will drop another 15% and all contracts on comex will be settled in cash. But we will be more interested in surviving than in getting information about comex. Besides there wont be any source of information, as internet will be off.
    Take care people.

    • “You’re going to sell to the Doc. Dogs bury bones and lots of silver. ”
      Anyone on here even thinking about selling their stash at these crap paper prices?  Nah, I didn’t think so.  😉

  4. 1/10oz, why would that sell out first? Their customers are primary dealers and wholesalers, right? Are they experiencing large demand for small coins, or many customers for one each? It would be quite something if bad-off individual were spending the last $150 they can spare on a single gold coin, and thus killing supply. 
    The US mint recently had a huge sale of sorts, I suspect as little as one buyer for some 2 tons of gold. Would such a buyer take such a big share in 1/10 oz that they killed stock?
    It could be stocks are usually minute for this item, and were thus easily depleted, even with slightly more than usual dealer demand.

    • 2012 redbook shows 380,000 1/10 bussiness strike gold eagles minted in 2010, the latest date shown in it. So, It wouldn’t take much to deplete them if a large buyer did come along, but with today’s markets and demand who knows?

  5. I’ll take a stab at this and say the Mint will shut off ASE’s shortly, maybe in a week or less. Gold is symptomatic  of the overall shortages in Precious metals.  Total the small coins, the least expensive per unit sold  The next will be the more costly gold units and then to the silver as the Mint is unable to get planchets. The bigger the supply crunch the more frenetic is the buying of the product lines of the mint.  Once they are depleted, the ordinary bullion coins will be depleted and the secondary market will begin in earnest with buyer and seller connecting directly at whatever the market and price will bear.

    • Good read, Mary.  Those bankers should be sued in a federal court and required that Sinclair’s friend either be proved to be a terrorist or a money launderer OR given the allocated gold he has in this vault.  What part of the word “allocated” do the scum banksters not understand?

    • The Swiss worried about money laundering, how’s that for the pot calling the kettle black. Expect to see more of this excuse as people stand up.

Leave a Reply