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Fractional Gold Eagles Ready June 10
June 03, 2010

Fractional gold American Eagle bullion coins will go on sale to the Mint's authorized purchasers next Thursday, June 10, it has just been announced.

The Mint said initial supplies will be distributed according to its standard allocation process, which is another name for rationing.

However, rationing or not, gold buyers will undoubtedly welcome whatever coins become available.

It will be interesting to see if there is another feeding frenzy in the works or whether demand will settle down enough to allow the Mint to remove the allocation restrictions quickly.

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About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

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