US Mint Sales: Silver Coins Surge, Yosemite 5 Oz Coin Sells Out

Demand for major silver coins has soared, according to the latest round of US Mint sales stats. It was another impressive week for the 2011 Proof Silver Eagles. Their sales catapulted 133,420 in seven days, supported by the Mint’s removal of their household limits and greater attention to silver coins as silver prices have recorded marked gains. The Eagle jump was more than double the gain they made in the previous round, which was 52,050. Since their June 30 launch, collectors have grabbed 593,461 of the proof version, or 69% of the 860,000 the United States Mint sold of last year’s strike.

Another group to spike was the 9/11 silver medals. Their combined total leaped by 16,488 compared to 2,929 previously. The West Point issues continued to outpace the Philadelphia issues 9,830 to 6,658 this time.

The next biggest shaker in the lineup was the 2011 Silver Proof Set. It too experienced week over week sales gains at 3,038 versus 2,999.

The US Mint officially declared the Yosemite National Park Five Ounce Silver Uncirculated Coin sold out on Monday, July 25. It moved the coin to its online "No Longer Available" page. The pace of the sell out was slower than its predecessors, but part of that was the result of its placement on the wait list notice that was inadvertently posted too soon. In all, it took a little more than six weeks from its launch on June 9 to reach its last official day of availability.

The availability of the Grand Canyon National Park Five Ounce Silver Uncirculated Coin continued on its sales journey, albeit a slower pace. The latest US Mint sales figures showed 759 sold as compared to 1,192 in the previous round. News of the "Light Finish" variety, however, may boost the amount of attention toward the silver coins. To date, 22,785 of the available 27,000 have sold.

Sales of bullion Silver Eagles coins lost some speed compared to the prior week. Authorized buyers took in 540,500 which was down from 856,000 last Wednesday. The new total for July clocked in 2,510,000 and its annual sales rolled in at 24,813,500.

The following are the latest US Mint sales product figures:

US Mint Sales: Numismatic Silver Coins

	Previous Sales	New Sales	Unit Increase	% Increase	Mintage Limit
9/11 Silver Medal – W	41,459	51,289	9,830	23.71%	81,642 of 2,000,000
9/11 Silver Medal – P	23,695	30,353	6,658	28.10%
2010-P Grand Canyon Five Ounce Silver Uncirculated Coin	22,026	22,785	759	3.45%	22,785 of 27,000
2010-P Yosemite Five Ounce Silver Uncirculated Coin	26,740	27,000	260	0.97%	27,000 of 27,000
2010-P Yellowstone Five Ounce Silver Uncirculated Coin	27,000	27,000	–	0.00%	27,000 of 27,000
2010-P Hot Springs Five Ounce Silver Uncirculated Coin	27,000	27,000	–	0.00%	27,000 of 27,000
2011 Medal of Honor Dollar Proof	94,160	94,786	626	0.66%	131,444 of 500,000
2011 Medal of Honor Dollar Uncirculated	36,507	36,658	151	0.41%
2011 US Army Dollar Proof	106,529	106,919	390	0.37%	147,549 of 500,000
2011 US Army Dollar Uncirculated	40,505	40,630	125	0.31%
2011 US Mint Silver Proof Set	432,656	435,694	3,038	0.70%	none
2010 US Mint Silver Proof Set	569,206	569,734	528	0.09%	none
2011 America the Beautiful Quarters Silver Proof Set™	103,116	104,161	1,045	1.01%	none
2010 America the Beautiful Quarters Silver Proof Set™	258,042	259,276	1,234	0.48%	none
2011 Proof Silver Eagle	460,041	593,461	133,420	29.00%	none
2010 Proof Silver Eagle	860,000	860,000	0	0%	none

 

Monday, July 25, is the "as of date" for all the US Mint collector coin sales figures shown above.

US Mint Sales: 2011 Silver Eagle 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	2,510,000
Total	24,813,500

 

Tuesday, July 26, 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.

US Mint Sales: 2011 America the Beautiful Bullion Silver Coins

 

Tuesday, July 26, is the "as of date" for the America the Beautiful bullion coin sales.