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US Mint Authorized Purchasers Overstocked?
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<p>[QUOTE="kanga, post: 2468728, member: 9270"]<b>From <u>Coin World</u>:</b></p><p><b><br /></b></p><p><b>"<a href="http://click.amosdigital.com/?qs=bcdf54255360da4d6b1a70ae896c79617c1def23b1979dcbf665e71a3d83ad1f" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://click.amosdigital.com/?qs=bcdf54255360da4d6b1a70ae896c79617c1def23b1979dcbf665e71a3d83ad1f" rel="nofollow"><i>Buyers of U.S. Mint's American Eagle silver bullion coins are sitting on stockpiles</i></a></b></p><p><i> Whenever demand increases again, the authorized purchasers will be able to immediately ship product to their customers.</i> "</p><p><br /></p><p>Sorry, I don't have much sympathy for the "authorized purchasers".</p><p>Although the true culprit is the US Mint.</p><p>The Mint just will NOT sell to individuals.</p><p>It's easier for them to sell large lots to a few rather a few coins at a time to the REAL intended target -- the collector.</p><p>But I'm a bit surprised the "authorized purchasers" don't see that there's a limit to the market and therefore not get overstocked.</p><p>What if demand doesn't increase again?[/QUOTE]</p><p><br /></p>
[QUOTE="kanga, post: 2468728, member: 9270"][B]From [U]Coin World[/U]: "[URL='http://click.amosdigital.com/?qs=bcdf54255360da4d6b1a70ae896c79617c1def23b1979dcbf665e71a3d83ad1f'][I]Buyers of U.S. Mint's American Eagle silver bullion coins are sitting on stockpiles[/I][/URL][/B] [I] Whenever demand increases again, the authorized purchasers will be able to immediately ship product to their customers.[/I] " Sorry, I don't have much sympathy for the "authorized purchasers". Although the true culprit is the US Mint. The Mint just will NOT sell to individuals. It's easier for them to sell large lots to a few rather a few coins at a time to the REAL intended target -- the collector. But I'm a bit surprised the "authorized purchasers" don't see that there's a limit to the market and therefore not get overstocked. What if demand doesn't increase again?[/QUOTE]
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