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US Mint now supplying 2010 Eagles |
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This site is reporting that the US Mint, later in the year than than usual, is now offering the 2010 1-ounce gold eagles for sale to its authorized purchasers (who can then onsell to dealers or to the public). Ironically this is happening just as the price of gold has taken a big tumble. As the Mint has over $50 million worth of last year's 2009 gold eagles left in stock, the Authorized purchasers will have to take some of those off their hands too when they buy the new ones. So do the large supplies and falling gold prices mean bargains for the end consumers, you and I? Don't bet on it.
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