Surge in gold and silver coin purchase

The U.S. Mint's latest gold and silver coin release is selling fast on continuing fears on the global economy

IOLA, WI (Numismaster.com) - 

The U.S. Mint's authorized purchasers bought nearly $85 million of gold and silver bullion coins in the week that ended May 16 as market participants reacted to the $1 trillion bailout of Europe's risky debtor countries in the euro zone.

The euro itself was sliding toward a four-year low of approximately $1.23.

Taken by buyers were 31,000 American Eagle one-ounce gold coins and 23,500 one-ounce American Buffalo coins......

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