US Silver Coins Slow Again with Holiday and Pricing Cut Wait

July 11, 2013 by · 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.

America the Beautiful Five Ounce Silver Coins Featuring Perry's Victory and White Mountain

2013 America the Beautiful Five Ounce Silver Uncirculated Coins featuring Perry’s Victory Perry’s Victory & International Peace Memorial in Ohio and White Mountain National Forest in New Hampshire. They are among the silver coins and products that will see lower prices Thursday, and that should improve US Mint sales next week.

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.

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