US Mint Sales: 2011 Silver Proof Set Surges

Except for the 2011 Silver Proof Set, US Mint silver product demand waned for a second straight week. This year’s commemorative silver dollars and bullion American Silver Eagle sales could not outshine their prior week’s increase.

The investment grade Silver Eagles added 652,500 to their total, compared to 748,500 previously. Their month-to-date number clocked in at 2,069,500, which is quite a distance from March 2010’s figure of 3,381,000. In the meantime, 2011 annual sales rose to 11,731,500.

Medal of Honor Commemorative Silver Dollars advanced 8,757, but that was less than its prior sales increase of 11,144. The proof silver dollar was again most popular, accounting for 5,772. The uncirculated version barely exceeded its prior sales, 2,985 versus 2,954.

US Army Commemorative Silver Dollars gained 2,727, down from 3,528. Broken out, the proofs added 2,069 and the uncirculated had 658.

As mentioned earlier, the US Mint 2011 Silver Proof Set managed to outperform its prior sales. In fact, it had its best week since its inaugural numbers were announced six weeks ago. In this round, collectors scooped up 25,940 of the sets.

The remaining two sets were not quite as hot. The 2010 Silver Proof Set climbed 2,026, and the 2010 America the Beautiful Quarters Silver Proof Set advanced 618. Although, it should be noted that the silver quarters set was only made available on Friday after the US Mint had temporarily suspended its sales and raised its price.

The following are the latest silver coin product sales figures:

US Mint Sales: Numismatic Silver Coins

	Previous Sales	New Sales	Unit Increase	% Increase	Mintage Limit
2011 Medal of Honor Silver Dollar Proof	56,134	61,906	5,772	10.28%	88,153 of 500,000
2011 Medal of Honor Silver Dollar Uncirculated	23,262	26,247	2,985	12.83%
2011 Army Silver Dollar Proof	87,712	89,781	2,069	2.36%	125,492 of 500,000
2011 Army Silver Dollar Uncirculated	35,053	35,711	658	1.88%
2011 US Mint Silver Proof Set	299,260	325,200	25,940	8.67%	none
2010 US Mint Silver Proof Set	555,381	557,407	2,026	0.36%	none
2010 America the Beautiful Quarters Silver Proof Set™	244,337	244,955	618	0.25%	none
2010 Proof American Silver Eagles	860,000	860,000	0	0%	none

 

Sunday, March 20, is the "as of date" for the US Mint collector coin sales figures shown above.

 

US Mint Sales: 2011 Silver Eagles

January*	6,422,000
February	3,240,000
March	2,069,500
Total	11,731,500

 

*Tuesday, March 22, is the "as of date" for the bullion eagle numbers. The sales figures include 469,500 of the 2010-dated Silver Eagles sold.

Check out this site’s silver coins section for more information about all of the above US Mint coins.