Coinsmall found today’s news on the popular American Eagle Gold Coin interesting.

“Reuters.com reports a buying spree in the popular American Eagle bullion coins appears to have depleted inventory of major North American coin dealers, contributing to supply fears and sharply higher gold prices on Thursday. Coin dealers in the United States and Canada said buying of gold coins and other bullion products has soared since last week as gold prices tumbled to near a nine-month bottom. Blanchard, one of the largest U.S. retail dealers of rare coins and precious metals, said the American Eagle and American Buffalo one-ounce gold coins — novel items among collectors and investors — are currently sold out.”