Wednesday, November 17, 2010

U.S. Domestic Silver Production vs. US Mint $1 Silver Eagle Coin Sales

2010 American Silver Eagle Bullion CoinIn Title 31 of the US Code, the United States Mint is required by law to supply "in quantities sufficient to meet public demand, one dollar silver bullion coins of specified size, weight, and design."

This law is widely referenced, and I have criticized the US Mint in the past when it fails to meet consumer demand because of poor planning, despite the availability of silver.

However, there is an incredible amount of confusion about a second law which allegedly states that the US Mint must supply its silver "blanks" from domestic resources. At present, two of these resources are ...

Full Article: Silver Eagle Sales Nearing Domestic Silver Production - SilverCoinsToday.com

Related posts:

US Mint 2009 Silver Eagle Bullion Coins Gone ForeverU.S. Mint Halts Production of Two American Eagle Gold Coins – Coin NewsTagged as: American Eagle Silver Coins, Silver Coins


View the original article here

No comments:

Post a Comment