US Mint Sales Sluggish, Led by Gold Coins and Sets

by Darrin Lee Unser on December 17, 2009 · 0 comments

US Mint Sales Figures Image Demand for almost every numismatic product fell according to the latest US Mint weekly sales report. In fact, just analyzing the raw numbers show a drop of over 70,000 total items from the prior week. Nearly every gold coin and all US mint proof and uncirculated sets retreated.

This is not completely surprising, however, as the previous week saw well above average demand for most coins. Also, demand for gold products has declined as the price of the precious metal has fallen. It is down nearly $70 from its peak of just a few weeks ago, and the Mint’s prices were only adjusted this Wednesday for the decline. Accordingly, overall sales of the Mint’s gold containing products (First Spouse Gold Coins, the American Buffalo Gold Coin, and Ultra High Relief $20 Double Eagle) should rise again in the near term.

A few highlights of the weekly sales report:

  • The 2009 American Platinum Eagle Proof Coins sold out last week after having reached the maximum mintage of 8,000 units. The sell-out was not unexpected as the Eagle Proofs are the only platinum issues available from the Mint this year. No uncirculated or fractional platinums were struck since they were removed from the Mint’s portfolio last year. Also, the Mint announced in October that no platinum bullions would be minted in 2009.

  • Demand for the Margaret Taylor First Spouse Gold Coins remained the highest of any of the First Spouse issues. As they were only released on December 3, it stands to reason that collectors would be more interested in the Taylor coins than in any of the other spouse coins still available. In fact, with 217 proof versions and 82 uncirculated, the Taylor coins outsold the rest of them combined.

  • Set interest still appears relatively strong among collectors with 25,948 of the 2009 United States Mint Proof Set sold. This is less than the previous week but still over 3,000 more than the week before that. The 18-coin U.S. Mint Silver Proof Set also showed well with 12,136 added.

Finally, the US Mint this week announced it would end 2009 UHR Gold Sales on Dec. 31. The information is not new to collectors who have followed the coins, but it is certainly a reminder that may entice extra sales. After the poor showing of 587 added in this latest round of numbers, more attention could not hurt.

Other major US Mint coin sales follow:

American Bullion Coin Sales: December

DECEMBER* YEAR-TO-DATE
American Eagle Gold 1 oz 44,000 1,237,500
American Eagle Gold 1/2 oz 101,000 101,000
American Eagle Gold 1/4 oz 100,000 100,000
American Eagle Gold 1/10 oz 270,000 270,000
American Buffalo Gold 1 oz 16,000 200,000
American Eagle Silver 1 oz 1,790,000 27,783,000
*As of Dec. 16, 2009.

 

US Mint Collector Coin Sales

(Data compare previous to current Mint sales reports)

American Platinum Proof Coin*

Old Sales
New Sales
Unit Change
% Increase
Notes
1 ounce 7,207 8,000 793 11.00%

US Mint information page: 2009 American Eagle One Ounce Platinum Proof Coin
CoinNews article: US Mint Launches Platinum Eagle Proof

American Buffalo Gold Proof Coin

Old Sales
New Sales
Unit Change
% Increase
Notes
1 ounce 40,233 40,631 398 0.99%

US Mint information page: 2009 American Buffalo One Ounce Gold Proof Coin
CoinNews article: Gold Buffalo Proof Coins

UHR Double Eagle $20 Gold Coin

Old Sales
New Sales
Unit Change
% Increase
Notes
1 ounce 108,207 108,794 587 0.54%

US Mint coin information page: 2009 Ultra High Relief Double Eagle Gold Coin
Current eBay auctions: 2009 UHR $20 Gold Coins

2009 US Mint Proof Set

Old Sales
New Sales
Unit Change
% Increase
Notes
  1,350,802 1,376,750 25,948 1.92%

US Mint coin information page: United States Mint 2009 Proof Set®
CoinNews article: 2009 US Mint Proof Set

US Mint 2009 Silver Proof Set

Old Sales
New Sales
Unit Change
% Increase
Notes
  606,112 618,248 12,136 2.00%

US Mint coin information page: United States Mint 2009 Silver Proof Set®
CoinNews article: 2009 US Mint Silver Proof Set

2009 US Mint Uncirculated Set

Old Sales
New Sales
Unit Change
% Increase
Notes
  627,992 643,897 15,905 2.53%

US Mint coin information page: United States Mint Uncirculated Coin Set®
CoinNews article: 2009 US Mint Set

2009 Presidential Dollar Proof Set

Old Sales
New Sales
Unit Change
% Increase
Notes
  605,088 609,826 4,738 0.78%

US Mint coin information page: US Mint Presidential $1 Coin Proof Set CoinNews article: 2009 Presidential Dollar Coin Proof Set

2009 Presidential Dollar Uncirculated Set (P&D)

Old Sales
New Sales
Unit Change
% Increase
Notes
  96,346 97,731 1,385 1.44%

US Mint coin information page: Presidential $1 Coin Uncirculated Set
CoinNews article: 2009 Uncirculated Presidential Dollar Coin Set

Louis Braille Silver Dollar*

Old Sales
New Sales
Unit Change
% Increase
Notes
Proof 135,235 135,235 0 0%
Uncirculated 48,863 48,863 0 0%
Braille Easy-Open Capsule 23,078 23,078 0 0%  
Braille Education Set 10,698 10,698 0 0%

US Mint coin information page: Commemorative Coins

Lincoln Silver Dollar Sales*

Old Sales
New Sales
Unit Change
% Increase
Notes
Proof 325,000 325,000 0 0.0%
Uncirculated 125,000 125,000 0 0.0%
Chronicles Set   50,000

US Mint coin information page: Commemorative Coins
Current eBay auctions: Uncirculated    Proof

2009 Lincoln Cents

Old Sales
New Sales
Unit Change
% Increase
Notes
Birthplace Rolls * 96,000 96,000 0 0.0%
Formative Years Rolls* 300,000 300,000 0 0.0%
Professional Life 258,396 260,646 2,250 0.87%
Presidency 194,732 198,094 3,362 1.73%
2009 Lincoln Proof Set 198,430 201,107 2,677 1.35%

US Mint coin information page: Lincoln Cent Two-Roll Sets
Information site: 2009 Lincoln Cents
Current eBay auctions: 2009 Lincoln Birthplace Cents
Current eBay auctions: 2009 Lincoln Formative Years Cents

Northern Mariana Islands Quarter Sales

Old Sales
New Sales
Unit Change
% Increase
Total
100-Coin Bag (P) 4,160 5,148 988 23.75% 10,143
100-Coin Bag (D) 4,069 4,995 926 22.76%
1000-Coin Bag (P) 975 1,055 80 8.21% 1,690
1000-Coin Bag (D) 561 635 74 13.19%
Two-Roll Set 18,817 23,088 4,271 22.70% 23,088

US Mint coin information page: D.C. & US Territories Collectibles
CoinNews article: Northern Mariana Islands Quarter Bags & Rolls

US Virgin Islands Quarter Sales*

Old Sales
New Sales
Unit Change
% Increase
Total
100-Coin Bag (P) 7,203 7,203 0 0.0% 14,240
100-Coin Bag (D) 7,037 7,037 0 0.0%
1000-Coin Bag (P) 1,219 1,219 0 0.0% 2,400
1000-Coin Bag (D) 1,181 1,181 0 0.0%
Two-Roll Set 31,925 31,925 0 0.0% 31,925

US Mint coin information page: D.C. & US Territories Collectibles
CoinNews article: US Virgin Islands Quarter Bags & Rolls

American Samoa Quarter Sales*

Old Sales
New Sales
Unit Change
% Increase
Total
100-Coin Bag (P) 7,325 7,325 0 0.0% 14,510
100-Coin Bag (D) 7,185 7,185 0 0.0%
1000-Coin Bag (P) 1,499 1,499 0 0.0% 2,933
1000-Coin Bag (D) 1,434 1,434 0 0.0%
Two-Roll Set 33,865 33,865 0 0.0% 33,865

US Mint coin information page: D.C. & US Territories Collectibles
CoinNews article: American Samoa Quarters in Bags and Rolls

Guam Quarters*

Old Sales
New Sales
Unit Change
% Increase
Total
100-Coin Bag (P) 13,012 13,012 0 0.0% 25,349
100-Coin Bag (D) 12,337 12,337 0 0.0%
1000-Coin Bag (P) 1,487 1,487 0 0.0% 2,821
1000-Coin Bag (D) 1,334 1,334 0 0.0%
Two-Roll Set 38,231 38,231 0 0.0%
38,231

US Mint coin information page: D.C. & US Territories Collectibles
CoinNews article: Guam Quarters in US Mint Bags and Rolls

Puerto Rico Quarters*

Old Sales
New Sales
Unit Change
% Increase
Total
100-Coin Bag (P) 20,000 20,000 0 0.0% 37,295
100-Coin Bag (D) 17,295 17,295 0 0.0%
1000-Coin Bag (P) 1,047 1,047 0 0.0% 2,000
1000-Coin Bag (D) 953 953 0 0.0%
Two-Roll Set 41,669 41,669 0 0.0%
41,669

US Mint coin information page: D.C. & US Territories Collectibles
Current eBay auctions: US Mint Puerto Rico quarter rolls
Current eBay auctions: US Mint Puerto Rico quarter bags

*Sold out or no longer available.

Notable summaries of sales articles this week from CoinNews and sister sites follow:

 

  • US Mint First Spouse Coin Sales Drop, Prices Lowered – FirstSpouseCoins.us
    This week’s sales figures were a bit boring compared to last week’s report that included Margaret Taylor First Spouse opening sales figures. Then, a total of 3,158 Spouse coins sold. This week the total was 479. Still, that was better than November’s weekly average of 404. Naturally, the star of the week was the new Margaret Taylor Proofs, leading the pack with …

  • US Mint Silver Coins: Demand Declines, 2009 Silver Eagles Return Strong – SilverCoinsToday.com
    009 American Silver Eagle Bullion Coins have returned with strength following their near two-week hiatus as a result of a depleted inventory. The United States Mint resumed selling the eagles to authorized dealers on Monday, Dec. 7. Although they are being rationed, 737,500 more were still sold in the last seven days and during a time when silver prices moved mostly lower. 27,783,000 is the new 2009 tally. …
  • 2009 UHR Gold Sales End Dec. 31 – CoinNews.net
    Giving collectors just a few more weeks to make their final purchases, sales of the 2009 Ultra High Relief Double Eagle Gold Coins will continue until December 31, 2009, the US Mint announced on Tuesday. These coins were originally offered on January 22 of this year and were white-hot in their first day, selling an amazing 28,173 …

 

The collector coin sales figures above have an "as of date" of Dec. 13. For an always updated reference of the latest articles, visit US Mint Sales.

{ 0 comments… add one now }

Leave a Comment