US Mint Sales: Silver Coins Slow From Previous Week

Demand dramatically dropped for United States Mint silver coins, according to the latest round of statistics. The leaders were the bullion Silver Eagle and the 2012 America the Beautiful Quarters Silver Proof Set, while no update was given for sales of the 2011 Silver Proof Set for a second straight week.

Sales of the bullion Silver Eagle moved up 375,000 since last Thursday to 5,547,000. Previously it soared 915,000. If U.S. Mint Authorized Purchasers pick up the pace and buy another 875,000 coins before the end of the month, then January 2012 sales would tie with the all-time highest monthly sales record of 6,422,000 which was set in January 2011.

Taking the top numismatic spot was the 2012 Quarters Silver Proof Set. It opened with 61,181 and scored another 8,048 in this round to bring its total to 69,229. It was the first 2012 product to be offered by the United States Mint when it launched on January 10.

Two more contenders that garnered relatively high sales were the 2011-W Uncirculated Silver Eagle and the 2011-P Vicksburg 5 Ounce Silver Uncirculated Coin. The uncirculated Silver Eagle climbed 3,062 to hit 241,302, and the Vicksburg silver coin added 1,752 to lift its total to 9,613. The Vicksburg coin has been on the market for eleven days and is trending very similar to the Olympic silver coin’s start.

Recent sales of the 2011 Silver Proof Set have not been reported since January 9, 2012, when collectors scooped up 1,782 sets during the first week of the year. The set is still available for purchase, however, and it is estimated that nearly one thousand are selling each week, based on trends.

The following are the latest United States Mint product sales:

US Mint Sales: Silver Coins and Sets for Collectors

	Previous Sales	New Sales	Unit Increase	% Increase	Mintage Limit
2011-W Uncirculated American Silver Eagle	238,240	241,302	3,062	1.29%	none
9/11 Medals – W	96,092	96,207	115	0.12%	2 million
9/11 Medals – P	62,114	62,190	76	0.12%
2011 Silver Proof Set	544,230	544,230	–	0.00%	none
2010 Silver Proof Set	585,414	585,414	–	0.00%	none
2012 America the Beautiful Quarters Silver Proof Set™	61,181	69,229	8,048	13.15%
2011 America the Beautiful Quarters Silver Proof Set™	136,086	136,904	818	0.60%	none
2011-P Vicksburg 5 Ounce Uncirculated Silver Coins	7,861	9613	1,752	22.29%
2011-P Olympic 5 Ounce Uncirculated Silver Coins	11,938	12,405	467	3.91%	35,000
2011-P Glacier 5 Ounce Uncirculated Silver Coins	14,808	15,147	339	2.29%	35,000
2011-P Gettysburg 5 Ounce Uncirculated Silver Coins	17,579	17,952	373	2.12%	35,000
2010-P Mount Hood 5 Ounce Uncirculated Silver Coins	26,928	26,928	–	0.00%	27,000
2010-P Grand Canyon 5 Ounce Uncirculated Silver Coins	26,019	26,019	–	0.00%	27,000
2010-P Yosemite 5 Ounce Uncirculated Coin	27,000	27,000	–	0.00%	27,000
2010-P Yellowstone 5 Ounce Uncirculated Coin	27,000	27,000	–	0.00%	27,000
2010-P Hot Springs 5 Ounce Uncirculated Coin	27,000	27,000	–	0.00%	27,000
25th Anniversary Silver Eagle Set	100,000	100,000	–	0.00%	100,000
2011-W Proof Silver Eagle	850,000	850,000	–	0.00%	none
2011 Medal of Honor Dollar Proof	112,850	112,850	–	0.00%	157,619 of 500,000
2011 Medal of Honor Dollar Uncirculated	44,769	44,769	–	0.00%
2011 US Army Dollar Proof	119,829	119,829	–	0.00%	163,346 of 500,000
2011 US Army Dollar Uncirculated	43,517	43,517	–	0.00%

 

Monday, January 23, is the "as of date" for all the United States Mint collector coin sales figures shown above.

 

US Mint Sales: 2011 America the Beautiful Bullion Coins

Gettysburg	126,700
Glacier	126,700
Olympic	84,600
Vicksburg	36,300
Chickasaw	27,400
Total	401,700

 

Tuesday, January 17, is the "as of date" for the America the Beautiful bullion coin sales.

US Mint Sales: 2012 American Silver Eagle Bullion Coins

January*	5,547,000
Total	5,547,000

 

*The sales figures include a portion of the 2011-dated Silver Eagle coins. Wednesday, January 25, is the "as of date" for bullion American Silver Eagles.