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<p>[QUOTE=&quot;Conder101, post: 1696863, member: 66&quot;]I answered this on another forum.</p><p><br /></p><p>The silver went into the strategic stockpile and was declared to be surplus in the early 80&#039;s.&nbsp; The GSA ran auctions trying to sell it off with poor results.&nbsp; They finally hit on a way to dispose of it.&nbsp; One oz silver bullion coins.&nbsp; The ASE&#039;s were to be struck from the strategic stockpile until it was exhausted.&nbsp; This occurred around 2002.&nbsp; Since then the ASE&#039;s have been struck from new domestic production.&nbsp; this consumes almost all of the domestic production so all other silver used in the US has to be imported.&nbsp; </p><p><br /></p><p>So to answer your question all the silver recovered by the Fed was later sold back to the American public in the form of American silver eagles (and some in commemorative coinage, and in the silver proof sets beginning in 1992)[/QUOTE]</p><p><br /></p>

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