U.S. Mint Sells Out of Silver American Eagles

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The U.S. Mint announced Thursday, February 21, that inventories of the popular 1-ounce Silver American Eagle have been depleted. The U.S. Mint has sold over 6 million Silver American Eagles since the beginning of this year which is the best start since 2017.

Market fluctuations have resulted in a temporary sellout of 2018 and 2019 silver bullion. Production at the Mint’s West Point facility continues, and when sales resume, silver bullion will be offered under allocation," United States Mint spokesman Michael White said in an email statement. "The Mint is working closely with its suppliers in order to meet the demand of its authorized purchasers."

Collectors and investors can expect the premium (the price individuals pay over spot) on Silver American Eagles to increase while this temporary shortage continues.

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