6 Bullion Coins the US Mint Refuses to Sell You

10/07/09 Stockholm, Sweden – With soaring demand for gold bullion it’s no surprise to see the US government step in and find a way to make it more difficult for you to buy gold and silver. In an announcement yesterday, the United States Mint snuck in some details regarding “products not offered in 2009.”

Included in the mix of coins no longer available in 2009 are the “one-ounce American Eagle Silver Proof Coin; the one-ounce American Eagle Silver Uncirculated Coin; the American Eagle Gold Proof Coins (all weights, as well as the four-coin set); the one-ounce American Eagle Gold Uncirculated Coin; the United States Mint Annual Uncirculated Dollar Coin Set, which also includes a one-ounce American Eagle Silver Uncirculated Coin; and the American Eagle Platinum Bullion Coins (all weights).”

The shortage is being blamed on “unprecedented demand” and the Mint claims to be “working diligently” to be able to offer the coins again in 2010. We’ll believe it when we see it.

Read more details, including text from Franklin D. Roosevelt’s 1933 Presidential Executive Order that prohibited “hoarding gold,” on Zero Hedge’s coverage of this gold shortage.

Rocky Vega

Rocky Vega is a regular contributor to The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.

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