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While the U.S. Mint reported disappointing sales numbers for 2022, Perth Mint saw record sales of more than 23 million ounces. "The U.S. Mint either needs to start making their own blanks or be more competitive and pay more or loosen their conditions when it comes to buying them," said Fuljenz."If the Mint had more blanks, they would probably have had sales matching 2020 and 2021, and premiums would not have risen from about $3 over the spot silver price to $14 over the spot silver price in two years."
Power added that even if he could increase capacity at Sunshine, it would take 12 to 16 months to get the equipment he would need. Along with ongoing supply issues, the U.S. Mint also has to compete with unprecedented global demand.
Source: Loan Digest (loandigest.net)
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