[UPDATE: We have found the 2013 Eagle plentifully available on the net by the singles ($36-$40) or "Monster Box". Author's reference to $63 is for US Mint Proof issues...CV 1/23/13 ]
The U.S. Mint has temporarily run out of 2013 American Eagle silver bullion coins.
YORK - The U.S. Mint has suspended sales of its 2013 American Eagle
silver bullion coins after running out of stock due to soaring investor
demand for the newly minted coins in the first two weeks of the year.
to authorized dealers will resume on or about the week of Jan. 28
after the U.S. Mint has replenished its inventory, it said in an email
to authorized dealers on Thursday. The coins are produced at the Mint's
West Point, New York, facility.
While it is typical
for collectors to snap up newly stamped coins, interest this year has
ballooned due to investors seeking refuge from U.S. economic
Silver Eagle sales to Jan. 15 exceeded 5 million
ounces and were on track to surpass the all-time monthly high of 6.1
million ounces, set in January 2012.
Physical coin sales had
risen in the final months of 2012 as investors protected their nest
eggs from a feared U.S. recession. Many economists predicted a U.S.
economic downturn would occur if Congress and the White House did not
act to stop pending huge tax hikes and automatic spending cuts known as
the "fiscal cliff."
It is not the first time the Mint has faced
a run on its stock. It started allocating sales to authorized dealers
in recent years after its supplies were depleted by unprecedented
The Mint had been due to start taking orders for coins, which fetch just under $63 each, from the general public on Jan. 24.
Copyright 2013 Thomson Reuters.