The U.S. Mint has suspended sales of its 2013 American Eagle silver bullion coins after running out of stock due to soaring demand for the newly minted coins in the first two weeks of the year.
Sales will resume on or about the week of Jan. 28 after the U.S. Mint has replenished its inventory, it said in an email to authorized dealers on Thursday.
It is typical for collectors to scramble to snap up newly stamped coins in January, but interest this year has ballooned due to investors seeking refuge from U.S. economic uncertainty. Sales had risen in the final months of 2012.
Silver Eagle sales to Jan. 15 exceeded 5 million ounces and were on track to surpass the all-time monthly high of 6.1 million ounces, set in January 2012.
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