UPDATE 1-US Mint to suspend American Eagle gold 1-oz coins
Wed Nov 25, 2009
(Updates with details, background)
NEW YORK, Nov 25 (Reuters) - The U.S. Mint said on
Wednesday it will suspend sales of the popular American Eagle
1-ounce bullion coins as rising demand depleted its inventory.
"The United States Mint has depleted its current inventory
of 2009 American Eagle 1-ounce gold bullion coins due to the
continued strong demand for this product," the Mint told its
authorized dealers in a memorandum on Wednesday.
November sales to date were at 124,000 ounces, higher than
the 115,500 ounces sold in each month of September and October,
the Mint said.
The Mint said it expects to resume sales in early
December.
CONTINUES: http://www.reuters.com/article/funds...36556520091125