US Silver Coins Slow Again with Holiday and Pricing Cut Wait
July 11, 2013 by Rhonda Kay · Leave a Comment
Weekly coin sales numbers from the United States Mint reflected weakened demand that was, at least partly, the result of the Independence Day holiday and typical summer doldrums.
Also, some interested buyers are waiting for expected US Mint pricing cuts that kick in later today on popular silver coins and silver sets. More on that later…
Of the three biggest numismatic silver sellers, the only one to outperform its previous weekly sales was the 2013-W Uncirculated Silver Eagle. In the prior report, the uncirculated Silver Eagles plummeted by -7,262, so coming out with a better number was quite easy. This time, the Silver Eagles advanced 1,339, and the new total came to 116,643 since its sales start on May 28.
The 2013 Silver Proof Set was the best weekly mover for the US Mint among silver products. It climbed another 3,122 after gaining 3,739 previously. With the latest increase, the set’s new total clocked in at 256,190. As for 2013-W Proof Silver Eagles, 2,456 more orders were added, so their sales-to-date reached 583,180.
2013 America the Beautiful 5 Ounce Silver Bullion Coins picked up 3,200 new orders since the last report. Broken out, Perry’s Victory silver strike led the pack with 1,900 while 800 were added to the White Mountain coin total and 500 went to the Great Basin coin total.
Since silver coin prices will be lower beginning at noon ET today, July 11, collectors will likely show more of their buying power. As a result, US Mint sales stats for silver product should improve in next week’s sales report.
Below are the latest US Mint sales of numismatic silver coins and related products. Sunday, July 7, 2013 is the as of date.
US Mint Sales: Silver Coins for Collectors
Previous Sales | New Sales | Unit Increase | % Increase | Mintage Limit | |
Proof 5-Star Generals Silver Dollars | 49,467 | 49,697 | 230 | 0.46% | 500,000 Silver Dollars |
Uncirculated 5-Star Generals Silver Dollars | 20,895 | 20,949 | 54 | 0.26% | |
5-Star Generals 3-Coin Set | 9,973 | 9,973 | 0 | 0.00% | |
Proof Girl Scout Silver Dollars | 78,516 | 78,696 | 180 | 0.23% | 350,000 |
Uncirculated Girl Scout Silver Dollars | 29,125 | 29,156 | 31 | 0.11% | |
2013 Congratulations Set | 3,400 | 3,452 | 52 | 1.53% | none |
2013-W Silver Eagle Two-Coin Set | 281,310 | 281,310 | 0 | 0.00% | Sold Out |
2013-W Proof Silver Eagle Coins | 580,724 | 583,180 | 2,456 | 0.42% | none |
2012-W Proof Silver Eagle Coins | 819,217 | 819,217 | 0 | 0.00% | Sold Out |
2013 America the Beautiful Quarters Silver Proof Sets | 104,482 | 104,891 | 409 | 0.39% | none |
2012 America the Beautiful Quarters Silver Proof Sets | 151,691 | 151,894 | 203 | 0.13% | none |
2012 Annual Uncirculated Dollar Coin Sets | 28,368 | 28,368 | 0 | 0.00% | Sold Out |
Making American History Coin and Currency Sets | 58,240 | 58,278 | 38 | 0.07% | 100,000 |
2013-W Uncirculated Silver Eagle Coins | 115,304 | 116,643 | 1,339 | 1.16% | |
2012-W Uncirculated Silver Eagle Coins | 202,504 | 202,504 | 0 | 0.00% | Sold Out |
2013 Silver Proof Sets | 253,068 | 256,190 | 3,122 | 1.23% | |
2012 Silver Proof Sets | 395,443 | 395,443 | 0 | 0.00% | Sold Out |
2013-P Perry’s Victory 5 Ounce Silver Uncirculated Coin | 10,471 | 10,850 | 379 | 3.62% | |
2013-P White Mountain 5 Ounce Silver Uncirculated Coin | 15,803 | 15,862 | 59 | 0.37% |
Wednesday, July 10, is the as of date for the below bullion silver coins. Sales of the bullion Silver Eagles logged a weekly increase of 822,000 compared to 826,000 previously.
US Mint Sales: 2013 American Silver Eagle Bullion Coins
January | 7,498,000 |
February | 3,368,500 |
March | 3,356,500 |
April | 4,087,000 |
May | 3,458,500 |
June | 3,275,000 |
July | 1,648,000 |
2013 Total | 26,691,500 |
US Mint Sales: 2012-2013 America the Beautiful Bullion Silver Coins
New Sales | Unit Increase | |
2012 El Yunque Silver Coin | 24,000 | NLA |
2012 Chaco Culture Silver Coin | 24,400 | NLA |
2012 Acadia Silver Coin | 25,400 | NLA |
2012 Hawaii Volcanoes Silver Coin | 20,000 | NLA |
2012 Denali Silver Coin | 20,000 | NLA |
2013 White Mountain | 28,800 | 800 |
2013 Perry’s Victory | 17,100 | 1,900 |
2013 Great Basin | 14,700 | 500 |
2013 Fort McHenry | Not Yet Released | |
2013 Mount Rushmore | Not Yet Released |
All 2011-dated and 2012-dated America the Beautiful Bullion Silver Coins sold out on March 1, 2013. The United States Mint released the bullion 2013 White Mountain silver coin on May 13, 2013; the 2013 Perry’s Victory silver coin on June 3; and the 2013 Great Basin silver coin on June 24.