Mint News Blog

News, Information, and Commentary on US Mint Products

Monday, October 15, 2007

Sales for Gold and Platinum Related Products Halted

This is a new blog, and I am trying not to back track too much, but a big mint related story from last week was the continuing suspension of US mint sales of most gold and platinum related products.

Buzz reported on Friday that only Platinum proof eagles were the only gold/platinum coins still available for sale at the mint's website.

Suspended coins include:
  • American Eagle Gold Proof Coins
  • American Eagle Gold Uncirculated Coins
  • American Eagle Platinum Uncirculated Coins
  • American Buffalo Gold Proof Coins
He theorized a $100 tripwire, i.e. when the mint's coin premium goes below $100 above the spot bullion price, sales get suspended.

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