American Eagle Silver Coins Sold Out as Demand Jumps
This article is for subscribers only.
The U.S. Mint ran out of American Eagle silver coins after selling 1.26 million ounces since the start of the month as futures in New York slumped to the lowest in more than four years.
“Due to the tremendous demand we have experienced in the last several weeks, the U.S. Mint has temporarily sold out,” Michael White, a spokesman, said in an e-mail yesterday. The Royal Canadian Mint also said demand was up “significantly.”