Delaying New Releases Because of... BOT issues. Ha!
Those Pesky BOTs
Funny language, sounds deliberately gibberish to muddle the minds of the common, non-tech savvy coin collectors. So the Morgan and Peace dollar commemorative had to be delayed, so they say, because "an extraordinarily high volume of BOT traffic.
Everyone's Favorite Scapegoat: BOTs
The US Mint was kind enough at least to just call them BOT issues, not Russian Bots like those who play political games.
This is a flimsy excuse: they don't want to admit (again) what they admitted before. There is an unprecedented shortage of silver blanks. They are stalling for time to get enough blanks to meet demand. The Mint has already stated they won't be able to meet demand.
How do you resolve a BOT issue?
Well, you may have to begin by visiting your local pawn shop with lots of cash in hand. Then find a manufacturer who will refine the metals into blanks, then have at it US Mint. Get getting! Resolve that BOT issue!
Oh, the pawn shop is charging $35 oz? Maybe some #wallstreetsilver or #silvergoldstackers will give up some of their AG. Or maybe not. I don't think we will sell for anything less than $100/oz.
Time to Come Clean, US Mint
This is not about a BOT issue, this is a silver issue. The stackers are willing to pay a higher premium than is in your budget and you can't afford enough bullion blanks to mint your pretty pictures on them.
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STOP$35 USD per oz? that's cheaper than the best price of $39 USD in all of Vancouver at the moment.
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Even the Mint is selling their dollar commemorates for $85 each. Crazy!
I like them, but I'll pass on these and get the genuine original Constitutional.
Right at the end of all that BOT bologna they state "the supply of silver still limits the U.S. Mint's ability to completely satisfy demand". Enough said they don't need to try and bamboozle us with this BOT Business.
Yes, they make a big deal about the "BOT issue", then slip in the real problem as an afterthought. The phrase "supply of silver" is interesting, it's almost as if they were... short.
From around 2011 to 2015, the USA mined around 25 million Troy ounces, of Silver, per year, while the US Mint produced, an average of 40 million American Silver Eagles, per year. Thanks for the report, @ironshield.
There are massive numbers of silver eagles in the hands of private collectors. Most are not selling.