Unlike other world mints, the United States Mint does not sell its bullion coins directly to the public. Instead, the coins are distributed through a network of official distributors called Authorized Purchasers. The Authorized Purchasers then create a two-way market by buying and selling to precious metal wholesalers and private investors. In the United States, … Read moreUS Mint Authorized Wholesale Purchasers
The US Mint reported last week that they have temporarily run out of stock of 2018 American Silver Eagle Coins. The temporary sell out is likely due to the recent drop in silver spot price. It’s unclear whether it’s consumers driving the sales demand of the Silver Eagle coins or if it’s dealers trying to … Read moreLower spot price causes sell out of US Mint supply of Silver Eagles
The US Mint is releasing the 2018 1 oz Proof Palladium Eagle coins on its website on September 6, 2018 at the retail price of $1,387.50. Bullion distributors have had limited access to purchase the coin through wholesale channels with the mint event though demand for the coin has been high. Two major dealers are offering … Read moreMonument Metals and Provident Metals Offering High Buy Back Prices on 2018 Proof Palladium Eagle Coins