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Mint ASE (Silver Eagle) Supply Issues

ProofCollectionProofCollection Posts: 6,302 ✭✭✭✭✭
in Precious Metals
Listening to a radio show, they reported that the mint has temporarily halted sales of ASE's and/or increased premiums and they can't get any at the moment. Looking at APMEX, the lowest premium is now $3.19 (was 2.59 the other day I believe). this is after the US Mint reported the biggest January sales numbers ever.

Can any dealers confirm the ASE situation?

Comments

  • pitbosspitboss Posts: 8,643 ✭✭✭

    Watch silver prices jump now!
  • derrybderryb Posts: 36,994 ✭✭✭✭✭
    they have been producing and selling record numbers. Had to run out at that rate.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • CaptHenwayCaptHenway Posts: 32,274 ✭✭✭✭✭
    Over on the dealer-to-dealer network somebody said that all the big boys raised their prices today by a half a buck.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • derrybderryb Posts: 36,994 ✭✭✭✭✭
    And the spread between paper metals and real metals continues to expand!

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • timrutnattimrutnat Posts: 102 ✭✭
    tulving had over 175 monster boxes in stock and they disappeared overnight.
  • pitbosspitboss Posts: 8,643 ✭✭✭

    Ohh, sounds like the big boys are getting involved big time.
  • OPAOPA Posts: 17,126 ✭✭✭✭✭
    APMEX still had over 9999 available this AM
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • MilesWaitsMilesWaits Posts: 5,378 ✭✭✭✭✭
    Physical Silver rises And the physical dollar continues to descend in to the deepest reaches of the toilet. Ouch.
    Now riding the swell in PM's and surf.
  • derrybderryb Posts: 36,994 ✭✭✭✭✭
    Monex 1 year silver eagle price chart:

    image

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • CaptHenwayCaptHenway Posts: 32,274 ✭✭✭✭✭


    << <i>Ohh, sounds like the big boys are getting involved big time. >>



    That's why they are big boys......
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • PinkFloydPinkFloyd Posts: 1,762 ✭
    There seems to be some confusion regarding ASEs, especially now that they are becoming hyped and lots of newcomers are probably jumping on board.

    Is this in reference to the Mint not striking the 2010 uncirculated collector versions (which were never made)? Or bullion?

    If someone in the know can please confirm, that'd be great.
    Successful transactions with keepdachange, tizofthe, adriana, wondercoin
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