Did the Mint quit striking ASE's again??

keets

A few customers have been saying that they've seen reports of the US Mint once again halting ASE production. Can anyone confirm this or is it just a rumor?? If it's true, will they start again or are they done for the calendar year 2015??

Thanks in advance.

Al H.

CaptHenway

They have been having trouble getting enough planchets to strike to demand, but as planchets arrive they are being struck. When they have a large enough quantity of struck coins on hand they will offer them to distributors.

BAJJERFAN

More than likely there is a shortage of blanks.

keets

I knew that's what it was a few months ago when they stopped and then resumed. these latest reports are probably what you guys have said with the "warning" being market hype by the marketers.

thanks guys.

derryb

reports of bullion silver coin manufacturing delays in other countries as well. Maybe they can start striking some of that unlimited silver futures paper silver.

keets

yeah, if we got 500 ASE's "on paper" they'd be easier to handle instead of a Monster Box. heck, I could keep 'em in my pocket!!

TwoSides2aCoin

Rumor I heard is if they make too much money it upsets the BEP

roadrunner

The planchet suppliers like every one else have to go out and buy silver in the open market. When they can't get the required amount, the whole daily chain breaks down.

derryb

<< <i>yeah, if we got 500 ASE's "on paper" they'd be easier to handle instead of a Monster Box. heck, I could keep 'em in my pocket!! >>


And you could sell them as many times as you like.