US Mint Sales: Grand Canyon Silver Coin Orders at Maximum, Silver Eagles Leap

Silver coin collectors have been busy shopping, according to the latest US Mint sales stats. Orders are maxed out for the Grand Canyon 5 Ounce Silver Uncirculated Coin, both proof and bullion Silver Eagles leaped, and 9/11 Silver Medals continued their strong advance.

Just 738 Grand Canyon silver uncirculated coins were available in the previous round, but the US Mint sold another 892. Their most recent sales total came to 27,154, or 154 more than the maximum 27,000. The final number will most likely work its way back down, however, following canceled and problem orders.

Having launched on June 29, the Grand Canyon silver coin is the fourth issue in the America the Beautiful Five Ounce Silver Uncirculated Coin series. It has, so far, taken the longest to reach its mintage limit at approximately seven and a half weeks. The Hot Springs, Yellowstone, and Yosemite issues took about 14 days, 16 days, and six weeks, respectively, to hit 27,000 orders. Part of Yosemite’s delay, albeit, was the early and unintentional posting of a waiting list. Although Grand Canyon orders are maxed according to the Mint’s sales stats, they are, surprisingly, still for sale on the Mint’s online ordering page.

Like a brilliant star in the sky, the numismatic item that shined the brightest was the 2011 Proof Silver Eagle. Collectors scooped up another 36,981 after taking 35,271 previously. With that addition, they passed the 700K marker to hit 716,328. That puts their mintage above the 2008 Proof Silver Eagles which ended at 700,979. The 2010 Proof Silver Eagles reached 860,000. The coins were not issued in 2009.

As the 10th anniversary of 9/11 approaches, orders for the commemorative 9/11 Silver Medals continued to grow. In this round their combined pick-up was 17,508 following the 17,026 surge in the prior week. Sales for the strikes produced at the mint facility in West Point persistently outpaced those from Philadelphia, 10,377 to 7,131. Since their launch on June 20, the US Mint has sold 151,898 of the medals. It should be noted their price increased to $66.95 last Thursday, August 18.

One of the two silver sets suspended on Friday nearly doubled its sales as compared to the previous weekly gain. Transactions for the 2010 America the Beautiful Quarters Silver Proof Set went from 762 up to 1,374. US Mint sales for the 2010 Silver Proof Set, also suspended last Friday, grew by just 373 versus 395. As a side note, both silver sets returned to availability Thursday afternoon.

The bullion 2011 Silver Eagle just topped 28 million with the latest batch of purchases from Mint’s authorized buyers. In all, 915,000 Silver Eagles have been ordered in the last nine days. That moved their year-to-date sales to 28,171,000. August’s tally comes to 2,899,500, and there is still nearly a week left of sales. 68,500 more are needed to match July’s total of 2,968,000.

The following are the latest US Mint product sales figures:

US Mint Sales: Collector Silver Coins

	Previous Sales	New Sales	Unit Increase	% Increase	Mintage Limit
9/11 Silver Medals – W	84,823	95,200	10,377	12.23%	151,898 of 2,000,000
9/11 Silver Medals – P	49,567	56,698	7,131	14.39%
2010-P Mount Hood 5 Ounce Silver Uncirculated Coin	18,702	19,342	640	3.42%	19,342 of 27,000
2010-P Grand Canyon 5 Ounce Silver Uncirculated Coin	26,262	27,154	892	3.40%	27,154 of 27,000
2010-P Yosemite 5 Ounce Silver Uncirculated Coin	27,000	27,000	–	0.00%	27,000 of 27,000
2010-P Yellowstone 5 Ounce Silver Uncirculated Coin	27,000	27,000	–	0.00%	27,000 of 27,000
2010-P Hot Springs 5 Ounce Silver Uncirculated Coin	27,000	27,000	–	0.00%	27,000 of 27,000
2011 Medal of Honor Dollar Proof	96,366	96,719	353	0.37%	133,918 of 500,000
2011 Medal of Honor Dollar Uncirculated	37,110	37,199	89	0.24%
2011 US Army Dollar Proof	108,091	108,406	315	0.29%	149,457 of 500,000
2011 US Army Dollar Uncirculated	40,920	41,051	131	0.32%
2011 US Mint Silver Proof Set	444,355	448,069	3,714	0.84%	none
2010 US Mint Silver Proof Set	571,186	571,559	373	0.07%	none
2011 America the Beautiful Quarters Silver Proof Set™	107,675	109,632	1,957	1.82%	none
2010 America the Beautiful Quarters Silver Proof Set™	262,684	264,058	1,374	0.52%	none
2011 Proof Silver Eagles	679,347	716,328	36,981	5.44%	none
2010 Proof Silver Eagles	860,000	860,000	0	0%	none

 

Monday, August 22, is the "as of date" for all the US Mint collector coin sales figures shown above.

 

2011 America the Beautiful Bullion Coins Sales

August

10,300

 

Monday, August 22, is the "as of date" for the America the Beautiful bullion coin sales.

 

US Mint Sales: 2011 Silver Eagles (Bullion Coins)

January*	6,422,000
February	3,240,000
March	2,767,000
April	2,819,000
May	3,653,500
June	3,402,000
July	2,968,000
August	2,899,500
Total	28,171,000

 

Thursday, August 25, is the "as of date" for the bullion American Silver Eagle. *The sales figures include 469,500 of the 2010-dated Silver Eagles sold this year.