US Mint Sales: Silver Eagles and Sets Take Off

Silver products spiked in the most recent sales figures from the United States Mint. The 2011-W Uncirculated Silver Eagles soared, and the 2012 America the Beautiful Quarters Silver Proof Set also skyrocketed.

At the top of the chart again was collectible Uncirculated Silver Eagles, but this time their weekly gain was 14,286. Previously they jumped by 4,455. Perhaps the rising price of silver called more attention to the pieces. One ounce of silver on the London Fix averaged $33.63 between Monday and Friday in the most recent round, while it was $32.58 during the last. The coin’s price from the U.S. Mint, however, has remained the same all year at $45.95.

Another impressive sales jump was the 2012 quarters silver proof set. Collectors scooped up 4,422 this time compared to 1,190 in the prior report. The five quarters within it are composed of 90% silver, which means the set has a total of 0.904 ounces of the precious metal. The U.S. Mint is selling the sets for $41.95.

The third most popular item was the 2011 Silver Proof Set. It too experienced higher demand. Its latest advance was 1,180 after having added 947 during the prior week. And finally, close behind the sets were the 2011-P Vicksburg 5 Ounce Silver Uncirculated Coins. Collectors scooped up 1,036 of them.

Bullion Silver Eagles have also been on a roll. After closing out the month of January last Tuesday with 6,107,000 in sales, the first seven days of February started with a bang at 670,000. It will be interesting if February 2012’s total comes close to February 2011’s total, which was 3,240,000. Three full weeks remain, but sales will have to be spectacular in order to reach it.

The following are the latest United States Mint product sales:

U.S. Mint Sales: Silver Coins and Sets for Collectors

	Previous Sales	New Sales	Unit Increase	% Increase	Mintage Limit
2011-W Uncirculated American Silver Eagle	245,757	260,043	14,286	5.81%	none
9/11 Medals – W	96,329	96,484	155	0.16%	2 million
9/11 Medals – P	62,275	62,407	132	0.21%
2011 Silver Proof Set	548,261	549,441	1,180	0.22%	none
2010 Silver Proof Set	585,414	585,414	–	0.00%	none
2012 America the Beautiful Quarters Silver Proof Set™	70,419	74,841	4,422	6.28%	none
2011 America the Beautiful Quarters Silver Proof Set™	137,335	137,939	604	0.44%	none
2011-P Vicksburg 5 Ounce Uncirculated Silver Coins	11,301	12,337	1,036	9.17%	35,000
2011-P Olympic 5 Ounce Uncirculated Silver Coins	13,120	13,598	478	3.64%	35,000
2011-P Glacier 5 Ounce Uncirculated Silver Coins	15,715	16,165	450	2.86%	35,000
2011-P Gettysburg 5 Ounce Uncirculated Silver Coins	18,544	19,109	565	3.05%	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

 

Monday, February 6, is the "as of date" for all the United States Mint collector coin sales figures shown above.

 

U.S. Mint Sales: 2011 America the Beautiful Bullion Coins

Gettysburg	126,700
Glacier	126,700
Olympic	84,600
Vicksburg	37,300
Chickasaw	28,100
Total	403,400

 

Friday, January 27, is the "as of date" for the America the Beautiful bullion coin sales.

U.S. Mint Sales: 2012 American Silver Eagle Bullion Coins

January*	6,107,000
February	670,000
Total	6,777,000

 

*The sales figures include a portion of the 2011-dated Silver Eagle coins. Tuesday, February 7, is the "as of date" for bullion American Silver Eagles.