Quote at Bloomberg: U.S. Mint Platinum Coins Bypassed in Rush for Gold
U.S. Mint Platinum Coins Bypassed in Rush for Gold
By Debarati Roy
Edmund C. Moy, the director of the mint in 2008, said he canceled the platinum coins that year because declining sales made production financially unfeasible. “The law states that the Mint cannot lose money on its bullion products, yet sales barely made break even,” he said in an interview Aug. 11.
Read the full piece at Bloomberg.com.
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