Buying MS Gold and Silver Eagles Directly From The US Mint

Woodwind

Hi all.

I know that collectors such as myself can purchase proof Gold and Silver Eagles directly from the US Mint. I was just wondering what one needs to be or do to purchase MS Gold and Silver Eagles directly from the US Mint. What sort of hoops do individuals and dealers need to go through for this privilege?

As always I look forward to your input.

indianabyron

You cant do it. There only 4 or 5 total dealers that are allowed to buy directly from the US mint. They have to be able to buy like 5 to 7 million $ worth. And they have to be able to prove that they can move (sell) a certain amount. So unless you have that ability I wouldnt waist time on asking the mint.

Byron

baccaruda

you have to prove that you're already a multibillionaire and that you can get even richer by playing middleman with them.

actually you have to buy A LOT, and furnish client lists showing that you sell so many. so actually my first statement pretty much sums it up.

ScarsdaleCoin

you can buy some proof gold sets...but not bullion silver eagles....

Woodwind

Yeah, I know there's no way someone like me could approach the mint and ask to by the MS Eagles directly. A friend asked me and that prompted my question.

From what you all have told me, sounds like a combination of politics, inside connections, lots of money, documentation and butt-kissing is needed in order to get the MS Eagles directly from the mint. No surprise there.

baccaruda

From what you all have told me, sounds like a combination of politics, inside connections, lots of money, documentation and butt-kissing is needed in order to...

Welcome to America!

DeepCoin

You can buy proof silver and gold SAEs directly from the mint. The website is http://www.usmint.gov

The bullion programs for Unc Gold bullion and Silver bullion only from authorized dealers. The rationale for this is that for the unc materials the distribution costs would be too high to sell directly to customers. If you look at the pricing of these items, you will see why they are sold in bulk to a few dealers.

How much do you think it would cost to buy an Unc silver SAE dollar directly from the government? The mailing and handling costs would drive the price far above what you pay now.