All The American Silver Eagles You Want: Rationing Lifted

Numismatic News - Rationing of silver American Eagle supplies has ended at the U.S. Mint.

"We are pleased to announce after 28 weeks of allocation in 2016, effective Monday, July 18, 2016, we have lifted allocation of American Eagle Silver Bullion Coins. Authorized Purchasers may purchase as many American Eagle Silver Bullion Coins they desire. The United States Mint will continue to monitor its American Eagle Silver Bullion Coin demand and adjust its bullion coin production accordingly."

That email from Tom Jurkowsky, Chief, Office of Corporate Communications at the U.S. Mint arrived in my inbox this morning.

How long will they be able to keep this new sales policy is a question that popped into my head as soon as I read it.

We have been here before only to see it reversed as new waves of demand hit the Mint.
Don't get me wrong. It is good news. Abundant supplies should help the premium come down at least a bit at the retail level at which purchases are made.

But to anyone who has watched the Mint's struggles to keep up with high investor/collector demand for the silver Eagle coins since the financial crisis struck in 2008, it is a little bit like Charlie Brown trying to kick a football held by Lucy Van Pelt.

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