US Mint Sales: Medal of Honor Silver Dollars Dominate in Debut

New to the United States Mint’s sales list this week are the 2011 Medal of Honor Silver Dollars, and they dominated.

They hit the market on Friday afternoon, February 25, and by Sunday, February 27, collectors bought 35,502 of them. Broken down, 25,156 proof silver dollars and 10,346 uncirculated dollars sold.

The Medal of Honor Silver Dollars easily outsold their gold counterparts. 4,699 of the proof Medal of Honor $5 gold coins and 1,890 of the uncirculated $5 gold options were taken. Of course, their price differences are staggering. The silver dollars ranged from $49.95 to $54.95 while the Medal of Honor $5 Gold commemorative coins ranged between $439.95 and $449.95. (For information about their launch, read about their availability.)

Starting sales of the new silver commemorative coins were slower as compared to the 2011 US Army Silver Dollars opening numbers, but that was to be expected given the debut sales for the Medal of Honor Silver Dollars covered a three-day period while those for the US Army Silver Dollars were for a seven-day period.

The US Army Silver Dollars improved over the last weekly report. Combined sales came to 11,529 against the previous 10,656. Proof Army Silver Dollars added 8,531 versus 7,951 and the uncirculated climbed 2,998 compared to 2,705 gain. Coin collectors may have decided to wait and purchase both the US Army and Medal of Honor commemorative coins at the same time.

As for the sets, the 2011 Silver Proof Set received the most favor. 13,290 sold compared to 5,196 of the 2010 America the Beautiful Quarters Silver Proof Set™ and 2,614 of the 2010 Silver Proof Set.

The next silver product for the US Mint will be the 2011 America the Beautiful Quarters Silver Proof Set™. It is scheduled for release on Tuesday, March 29.

Bullion Silver American Eagle coin sales hit another record in 2011. The month ended with 3,240,000 and became the series "Best February." The second and closest February was in 2009 when 2,125,000 had been purchased. It will be interesting to see what will happen in March. This year’s annual total is currently resting at 9,662,000.

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		25,156	25,156	100%	35,502 of 500,000
2011 Medal of Honor Silver Dollar Uncirculated		10,346	10,346	100%
2011 Army Silver Dollar Proof	69,387	77,918	8,531	12.29%	109,839 of 500,000
2011 Army Silver Dollar Uncirculated	28,923	31,921	2,998	10.37%
2011 US Mint Silver Proof Set	271,264	284,554	13,290	4.90%	none
2010 US Mint Silver Proof Set	538,973	541,587	2,614	0.48%	none
2010 America the Beautiful Quarters Silver Proof Set™	239,500	244,696	5,196	2.17%	none
2010 Proof American Silver Eagles	860,000	860,000	0	0%	none

 

Sunday, February 27, 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	2,638,500
Total	9,060,500

 

*Wednesday, March 2, is the "as of date" for the bullion eagle numbers. The sales figures include 469,500 of the 2010-dated Silver Eagles sold. The number sold in March was not available at the time of this writing.