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January 2, 2010 / Hal (GT)

United States Mint Delays 2010 Silver Eagles.


Found this info this morning at the website Gold and Silver News & Commentary:

Usually, the United States Mint will begin production of the American Silver Eagle bullion coins bearing the following year’s date in late November or early December. This allows the US Mint to begin accepting orders in December for delivery of the coins in early January. This system has allowed bullion and coin dealers to get a jump on the demand for newly dated coins.

This year, the 2010 dated American Silver Eagles will be arriving a bit later. The US Mint recently announced that they would begin taking orders from authorized purchasers on January 19, 2010.

So either there is incompetence at the mint or a shortage of metal or an attempt to manipulate markets. Take your pick. I suppose it could even be all three.

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