Today, June 2, the United States Mint offered a "point of clarification" to a public message issued last week regarding the postponement of 2021 Morgan and Peace Silver Dollars.
In their initial message, the U.S. Mint in part briefly discussed a silver shortage, stating:
"The global silver shortage has driven demand for many of our bullion and numismatic products to record heights."
In their clarifying statement released today, the Mint said:
"In a message released Friday, May 28, we made reference to a global shortage of silver. In more precise terms, the silver shortage being experienced by the United States Mint pertains only to the supply of silver blanks among suppliers to the U.S. Mint."
Blanks are the disc-shaped planchets coining presses strike to make coins. The Mint has been rationing their silver bullion and silver numismatic products due to a limited supply of silver blanks.
