US Mint Sales: Grand Canyon Silver Coin Sold Out, Bullion Coins Soar

by Mike Unser on September 1, 2011 · 0 comments

Grand Canyon National Park 5 Ounce Silver Uncirculated Coins sold out Wednesday and the latest United States Mint sales figures provide the debut performance of the Glacier Quarter Three-Coin Set.

Grand Canyon National Park 5 Ounce Silver Uncirculated Coin

The Grand Canyon National Park 5 Ounce Silver Uncirculated Coin sold out Wednesday afternoon.

In other sales highlights, collector products took a back seat to investment-grade bullion coins which soared in August.

United States Mint Bullion Coins Rally in August

U.S. Mint bullion coins rallied in August. Each of the one-ounce bullion coins registered their second best monthly totals of the year. The feat is astonishing as August is typically a slow month for bullion as compared to the seasonally stronger fall and winter months. In sales:

  • 24-karat American Gold Buffalo bullion coins rose 28,000 in August, more than doubling the previous month. The 2011-dated issues were introduced in March, which remains the top month with sales of 38,000.

  • One-ounce 22-karat American Gold Eagle bullion coins advanced 103,500 in August, substantially surpassing all but the 2011-dated introduction month of January. Across all sizes, 112,000 ounces sold in August. In contrast, 64,500 ounces departed United States Mint inventories in July and 61,500 ounces in June.

  • American Silver Eagle bullion coins reached 3,679,500 in August, easily marking the second best month in 2011 and coming in as the fourth best selling month since the series was introduced in 1986. January 2011 continues to hold the record at 6,422,000, followed by November 2010 (4,260,000) and December 1986 (3,696,000).

Grand Canyon Silver Coin Sold Out

The United States Mint moved the Grand Canyon silver coin to the sold out, or no longer available, section of the website. Released on June 29, the five ouncer is the fourth issue in the collector series and the slowest one to sell out. Although, according to the United States Mint sales report from last week, the Grand Canyon coin had already topped its published maximum mintage of 27,000 by 154. Another 620 were added in the latest round, giving the Mint even more room to bring the total back toward 27,000 when it processes returns and cancelled orders.

Until the 2011-dated coins are launched, the Mount Hood National Forest 5 Ounce Silver Uncirculated Coin is the only issue in the series that is available from the Mint. It advanced 303, or less than half of its previous weekly gain of 640. Mount Hood’s total stands at 19,645, leaving 7,355 left.

Glacier Quarter Three-Coin Set Sales Debut

The Glacier Quarter Three-Coin Set was released on Wednesday, August 24. Collectors grabbed 10,620 during its debut period, giving it a mostly comparable start to the first six sets. Past openings include Hot Springs at 10,684; Yellowstone at 11,115; Yosemite at 11,441; Grand Canyon at 12,418; Mount Hood at 11,282; and Gettysburg at 12,500.

Weaker Gold and Silver Collector Product Sales

Volatile gold and silver prices coupled with United States Mint product suspensions seemed to have finally taken a toll on sales of collector gold and silver coins. A few examples:

  • 2011 Proof American Silver Eagles were suspended for most of last week. While logging mid 30,000 gains during each of the previous two weeks, their latest weekly advance was cut by two-thirds to 10,593.

  • Sales fell for silver medals in commemoration of the 10th anniversary of 9/11. Each of their three previous weekly gains hit at least 17,000. The latest was just 418. West Point struck 9/11 Silver Medals are now at 95,637 while Philadelphia minted medals are at 56,679.

  • One-ounce 2011 Proof American Gold Eagles added 255. The last two weekly increases were 2,104 and 1,255.

The Mint’s top five numismatic product sellers have significantly lower totals than previous weeks in August.

Top five United States Mint selling products:

  1. Glacier Quarter Three-Coin Set (+10,620)
  2. 2011 Proof American Silver Eagles (+10,593 versus prior +36,981)
  3. 2011 Proof Set (+5,377)
  4. 2011 Mint Set (+2,999)
  5. 2011 Silver Proof Set (+2,173)

The latest US Mint sales figures for bullion and collector coins and sets are available in the following tables:

US Mint Sales: Bullion Coins

  Prior Increase Latest Increase 2011 Totals*
American Buffalo Gold 1 oz 8,000 4,500 119,500
American Gold Eagles 1 oz 13,500 13,500 672,500
American Gold Eagles 1/2 oz 0 0 61,000
American Gold Eagles 1/4 oz 2,000 0 70,000
American Gold Eagles 1/10 oz 15,000 0 320,000
American Silver Eagles 1 oz 665,500 880,000 28,951,000
Gettysburg 5 oz Silver Sold Out 126,700
Glacier 5 oz Silver Sold Out 126,700
Olympic 5 oz Silver 81,200**
Vicksburg 5 oz Silver 28,800**
Chickasaw 5 oz Silver 17,500**

 

*The as of date for US Mint sales of 1-ounce and under bullion coins is Wednesday, August 31, 2011. For reference, 53,000 of the 2010-dated 1-ounce Gold Eagles remained for sale earlier this year and are included in the overall totals. The bullion sales figures also include 469,500 of the 2010-dated Silver Eagle bullion coins sold in January.

**The US Mint does not offer weekly per coin sales totals for the Olympic, Vicksburg and Chickasaw America the Beautiful 5-ounce Silver Bullion Coins. The individual totals listed above are as of Tuesday, August 30.

The following are the latest tallies for US Mint collector products:

US Mint Sales: Numismatic Products

2011 Proof Silver Eagle

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
 
1 oz 716,328 726,921 10,593 1.48%  

2011 Proof American Eagle Gold Coins

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Limit
1 oz 28,824 29,079 255 0.88% 30,000
1/2 oz 3,705 3,716 11 0.30% 15,000
1/4 oz 5,735 5,873 138 2.41% 16,000
1/10 oz 12,825 12,903 78 0.61% 30,000
4-Coin Set 10,137 10,187 50 0.49% 40,000

2011 Uncirculated American Eagle Gold Coin

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
 
1 oz 5,142 5,229 87 1.69%  

2011 American Buffalo Gold Proof Coin

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
 
1 oz 16,551 17,507 956 5.78%  

2011 Proof American Platinum Eagle

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
 
1 oz 9,259 9,395 136 1.47%  

2011 Army Commemorative Coins

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Mintage
$5 Gold Proof Commemorative Gold Coins 16,136 16,151 15 0.09% 23,156
of
100,000
$5 Gold Uncirculated Commemorative Gold Coins 7,009 7,005 -4 -0.06%
Silver Dollar Proof Commemorative Coins 108,406 108,648 242 0.22% 149,745
of
500,000
Silver Dollar Uncirculated Commemorative Coins 41,051 41,097 46 0.11%
50c Clad Proof Commemorative Coins 61,987 62,087 100 0.16% 97,748 of
750,000
50c Clad Uncirculated Commemorative Coins 35,556 35,661 105 0.30%

2011 Medal of Honor Commemorative Coins

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Mintage
$5 Gold Proof Commemorative Gold Coins 16,471 16,480 9 0.05% 23,764
of
100,000
$5 Gold Uncirculated Commemorative Gold Coins 7,274 7,284 10 0.14%
Silver Dollar Proof Commemorative Coins 96,719 96,950 231 0.24% 135,711
of
500,000
Silver Dollar Uncirculated Commemorative Coins 37,199 38,761 1,562 4.20%

First Spouse Gold Coins

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Mintage
Fillmore Proof (2010) 6,140 6,140 NLA 0.00% 9,629
of
15,000
Fillmore Uncirculated (2010) 3,489 3,489 NLA 0.00%
Jane Pierce Proof (2010) 4,843 4,843 NLA 0.00% 8,176
of
15,000
Jane Pierce Uncirculated (2010) 3,333 3,333 NLA 0.00%
Buchanan’s Liberty Proof (2010) 7,304 7,304 NLA 0.00% 12,652
of
15,000
Buchanan’s Liberty Uncirculated (2010) 5,348 5,348 NLA 0.00%
Mary Todd Lincoln Proof (2010) 6,705 6,706 1 0.01% 10,466
of
20,000
Mary Todd Lincoln Uncirculated (2010) 3,760 3,760 0 0.00%
Eliza Johnson Proof (2011) 3,273 3,310 37 1.13% 5,544
of
15,000
Eliza Johnson Uncirculated (2011) 2,200 2,234 34 1.55%
Julia Grant Proof (2011) 3,278 3,294 16 0.49% 5,471 of 15,000
Julia Grant Uncirculated (2011) 2,165 2,177 12 0.55%

United States Mint Proof Sets

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Notes
2011 America the Beautiful Quarters Proof Set 105,409 106,242 833 0.79%  
2011 Presidential $1 Proof Set 229,013 230,017 1,004 0.44%  
2011 Silver Proof Set 448,069 450,242 2,173 0.48%  
2011 Proof Set 807,152 812,529 5,377 0.67%  
2010 Proof Set 1,090,443 1,090,719 276 0.03%  
2011 America the Beautiful Quarters Silver Proof Set 109,632 111,372 1,740 1.59%  
2010 America the Beautiful Quarters Proof Set 269,472 269,680 208 0.08%  
2010 Silver Proof Set 571,559 571,897 338 0.06%  
2010 Presidential $1 Proof Set 528,338 528,507 169 0.03%  
2010 America the Beautiful Quarters Silver Proof Set 264,058 264,582 524 0.20%  

US Mint Uncirculated Sets

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Notes
2011 US Mint Uncirculated Set 416,728 419,727 2,999 0.72%  
2010 US Mint Uncirculated Set 575,732 575,893 161 0.03%  
2011 Presidential Uncirculated Set 37,237 37,591 354 0.95%  
2010 Presidential Uncirculated Set 98,603 98,620 17 0.02%  

Presidential Coins & First Spouse Medal Sets

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Notes
Abigail Fillmore 9,616 9,625 9 0.09%  
Jane Pierce 7,490 7,497 7 0.09%  
Buchanan’s Liberty 7,092 7,101 9 0.13%  
Mary Todd Lincoln 13,020 13,047 27 0.21%  
Eliza Johnson 4,623 4,661 38 0.82%  
Julia Grant 3,807 3,894 87 2.29%  

Presidential $1 Coin Covers

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
William Henry Harrison 29,601 29,607 6 0.02%  
John Tyler 26,375 26,378 3 0.01%  
James K. Polk 24,593 24,598 5 0.02%  
Zachary Taylor 23,562 23,565 3 0.01%  
Millard Fillmore 22,436 22,448 12 0.05%  
Franklin Pierce 20,818 20,825 7 0.03%  
James Buchanan 19,458 19,466 8 0.04%  
Abraham Lincoln 31,139 31,176 37 0.12%  
Andrew Johnson 16,978 16,991 13 0.08%  
Ulysses S. Grant 17,031 16,176 -855 -5.02%  

Rutherford B. Hayes $1 Coin Rolls

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
25-coin roll set (P) 19,574 20,968 1,394 7.12% 41,448
25-coin roll set (D) 19,170 20,480 1,310 6.83%

Ulysses S. Grant $1 Coin Rolls

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
25-coin roll set (P) 27,244 27,391 147 0.54% 54,029
25-coin roll set (D) 26,530 26,638 108 0.41%

Andrew Johnson $1 Coin Rolls

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
25-coin roll set (P) 30,300 30,360 60 0.20% 59,473
25-coin roll set (D) 29,063 29,116 53 0.18%

Abraham Lincoln $1 Coin Rolls

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
25-coin roll set (P) 48,832 48,832 0 0.00% 97,576
25-coin roll set (D) 48,748 48,744 -4 -0.01%

Millard Fillmore $1 Coin Rolls

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
25-coin roll set (P) 38,409 38,409 0 0.00% 75,043
25-coin roll set (D) 36,634 36,634 0 0.00%

Franklin Pierce $1 Coin Rolls

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
25-coin roll set (P) 35,731 35,731 0 0.00% 70,673
25-coin roll set (D) 34,942 34,942 0 0.00%

James Buchanan $1 Coin Rolls

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
25-coin roll set (P) 34,270 34,281 11 0.03% 67,918
25-coin roll set (D) 33,622 33,637 15 0.04%

Native American Dollar Rolls

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
2011-dated 25-coin roll set (P) 17,899 18,039 140 0.78% 36,041
2011-dated 25-coin roll set (D) 17,868 18,002 134 0.75%
2010-dated 25-coin roll set (P) 39,130 39,130 0 0.00% 78,009
2010-dated 25-coin roll set (D) 38,879 38,879 0 0.00%

Kennedy Half Dollar Rolls

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
2011-dated 200-coin bag (P&D) 6,255 6,273 18 0.29%  
2011-dated 2-roll set (P&D) 20,345 20,468 123 0.60%  
2010-dated 200-coin bag (P&D) 8,844 8,844 0 0.00%  
2010-dated 2-roll set (P&D) 36,203 36,203 0 0.00%  

Quarters Uncirculated Coin Set

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
2011 Issue 20,802 21,285 483 2.32%  
2010 Issue 30,405 30,489 84 0.28%  

2010 Quarters Circulating Coin Set

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
  20,488 20,581 93 0.45%  

America the Beautiful Quarters Three-Coin Sets™

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Glacier   10,620 10,620    
Gettysburg 13,768 14,051 283 2.06%  
Mount Hood 13,958 14,009 51 0.37%  
Grand Canyon 16,302 16,348 46 0.28%  
Yosemite 16,819 16,868 49 0.29%  
Yellowstone 19,200 19,261 61 0.32%  
Hot Springs 19,057 19,102 45 0.24%  

Olympic National Park Quarters

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
100-Coin Bag (P) 3,190 3,144 -46 -1.44% 6,189
100-Coin Bag (D) 3,106 3,045 -61 -1.96%
Two-Roll Set 23,096 22,832 -264 -1.14% 22,832

Glacier National Park Quarters

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
100-Coin Bag (P) 3,509 3,510 1 0.03% 7,179
100-Coin Bag (D) 3,657 3,669 12 0.33%
Two-Roll Set 25,639 25,703 64 0.25% 25,703

Gettysburg National Military Park Quarters

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
100-Coin Bag (P) 4,558 4,567 9 0.20% 8,993
100-Coin Bag (D) 4,414 4,426 12 0.27%
Two-Roll Set 30,936 30,989 53 0.17% 30,989

Mount Hood National Forest Quarters

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
100-Coin Bag (P) 6,110 6,115 5 0.08% 11,986
100-Coin Bag (D) 5,864 5,871 7 0.12%
Two-Roll Set 32,980 32,998 18 0.05% 32,998

Grand Canyon National Park Quarters

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
100-Coin Bag (P) 6,717 6,716 -1 -0.01% 13,782
100-Coin Bag (D) 7,059 7,066 7 0.10%
Two-Roll Set 34,787 34,795 8 0.02% 34,795

Yosemite National Park Quarters

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
100-Coin Bag (P) 7,178 7,178 0 0.00% 14,409
100-Coin Bag (D) 7,231 7,231 0 0.00%
Two-Roll Set 37,202 37,202 0 0.00% 37,202

Yellowstone National Park Quarters

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
100-Coin Bag (P) 8,331 8,331 0 0.00% 17,155
100-Coin Bag (D) 8,824 8,824 0 0.00%
Two-Roll Set 42,088 42,088 0 0.00% 42,088

Hot Springs National Park Quarters

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
100-Coin Bag (P) 9,672 9,672 0 0.00% 18,683
100-Coin Bag (D) 9,011 9,011 0 0.00%
Two-Roll Set 46,804 46,804 0 0.00% 46,804

Lincoln Cents

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Notes
2010 Lincoln Shield Cent 177,624 177,716 92 0.05%  

 

*NLA – No Longer Available.

The collector coin sales figures above have an "as of date" of August 29, 2011. Visit the United States Mint website at http://www.usmint.gov/ for more information on any of the above products, or this site’s United States coins page.

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