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BookmarkThe U.S. Mint is suspending sales of one-tenth oz American Eagle gold coins. The Mint says that sales are suspended as inventories are depleted and need to be replenished.
Demand for one-tenth ounce gold coins is up 118% from a year earlier.
The Mint’s American Eagle Gold Bullion Coins are offered in four sizes: one ounce, one-half ounce, one-quarter ounce and one-tenth ounce. The Mint confirmed that their sales on all sizes of coins have increased two fold compared to the same period in 2012.
The Mint is still offering other gold coins including 1 oz American Eagle coins, 0.5 oz coins and 0.25 oz coins.
There are delays developing for certain bullion products – especially silver coins and bars.
The recent fall in the price of gold has proved to be a gift to other investors as small denomination bars, at the time of writing, are now difficult to source in India, Singapore, Japan, China and Europe.
