US Mint Sales: Lower Bullion, Suspensions Trip Collector Silver Products

by Mike Unser on October 6, 2011 · 1 comment

Lower precious metals have spurred United States Mint sales of investment-grade bullion coins but they have been detrimental, along with resulting coin suspensions, to collector silver products.

2011-W Uncirculated American Silver Eagle Coin

The 2011-W Uncirculated American Silver Eagle was one of five coins to have its sales total cut following suspensions of US Mint silver products

The Mint suspended silver products on Monday, September 26, when silver tumbled $10+ to below $30 an ounce. The latest United States Mint sales figures show totals lower than last week’s report for each of the suspended silver coins.

As cancellations and returns crept in, the uncirculated American Silver Eagle suffered the biggest blow. It plunged 11,476 to 182,524. Five silver products had their sales trimmed.

  1. 2011-W Uncirculated American Silver Eagle (-11,476 to 182,524)
  2. 2011-W Proof American Silver Eagle (-578 to 752,103)
  3. 2011-P Gettysburg ATB Five Ounce Silver Uncirculated Coin (-506 to 9,043)
  4. 2011-P Grand Canyon ATB Five Ounce Silver Uncirculated Coin (-51 to 27,513)
  5. 2011-P Mount Hood ATB Five Ounce Silver Uncirculated Coin (-30 to 22,422)

The four 2010 and 2011-dated silver proof sets were also suspended last week but each registered a modest sales increase. The sets may see healthier gains in next week’s report given that they were taken off suspension on Wednesday, October 5. Although, it must be noted, they returned at their same pre-suspension prices. The other silver products remain on suspension as of this writing.

Collector gold coins have had their prices cut for four straight weeks. Collectors have been pressing their buy buttons a bit more at the cheaper prices. An exception was the one-ounce 2011-W American Eagle Gold Proof Coin which had its total decremented 241 from last week.

Overall, 45 United States Mint products enjoyed week-over-week improvements compared to the previous 63. Proof sets and uncirculated sets dominated the top five numismatic selling spots for the Mint.

  1. 2011 Proof Set (+8,780 to 845,422)
  2. 2011 Mint Set (+3,638 to 433,468)
  3. 2011 Presidential $1 Proof Set (+1,868 to 236,080)
  4. 2011 America the Beautiful Quarters Proof Set (+1,501 to 111,215)
  5. 2011 Presidential $1 Uncirculated Set (+803 to 40,223)

Bullion coins have been mostly hotter as physical demand is up and their prices move in tandem with daily changes in precious metals. Bullion Silver Eagles, in particular, are on fire. Their September sales scored the second highest monthly total going back to the series start in 1986. October sales are starting fast with 1,012,000 more purchased in five days. Their latest 2011 total is 34,423,500, or 239,001 away from topping 2010’s record of 34,662,500.

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 5,000 8,000 137,500
American Gold Eagles 1 oz 43,000 29,000 773,500
American Gold Eagles 1/2 oz 0 1,000 63,000
American Gold Eagles 1/4 oz 0 2,000 74,000
American Gold Eagles 1/10 oz 0 5,000 345,000
American Silver Eagles 1 oz 2,021,000 2,047,000 34,423,500
Gettysburg 5 oz Silver Sold Out 126,700
Glacier 5 oz Silver Sold Out 126,700
Olympic 5 oz Silver 82,200
Vicksburg 5 oz Silver 30,500
Chickasaw 5 oz Silver 20,500

 

*The as of date for US Mint sales of 1-ounce and under bullion coins is Wednesday, October 5, 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 as of date for US Mint sales of its America the Beautiful 5-ounce Silver Bullion Coins is Monday, October 3, 2011.

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

US Mint Sales: Collector Products

2011 Proof Silver Eagle

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
 
1 oz 752,681 752,103 -578 -0.08%  

2011 Uncirculated Silver Eagle

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
 
1 oz 194,000 182,524 -11,476 -5.92%  

2011 Proof American Eagle Gold Coins

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Limit
1 oz 28,627 28,386 -241 -0.84% 30,000
1/2 oz 3,892 3,987 95 2.44% 15,000
1/4 oz 6,527 6,702 175 2.68% 16,000
1/10 oz 14,113 14,481 368 2.61% 30,000
4-Coin Set 11,110 11,432 322 2.90% 40,000

2011 Uncirculated American Eagle Gold Coin

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
 
1 oz 5,817 5,919 102 1.75%  

2011 American Buffalo Gold Proof Coin

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
 
1 oz 18,518 18,843 325 1.76%  

2011 Proof American Platinum Eagle

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
 
1 oz 9,697 9,768 71 0.73%  

2011 Army Commemorative Coins

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Mintage
$5 Gold Proof Commemorative Gold Coins 16,284 16,310 26 0.16% 23,369
of
100,000
$5 Gold Uncirculated Commemorative Gold Coins 7,055 7,059 4 0.06%
Silver Dollar Proof Commemorative Coins 109,764 110,199 435 0.40% 151,719
of
500,000
Silver Dollar Uncirculated Commemorative Coins 41,439 41,520 81 0.20%
50c Clad Proof Commemorative Coins 62,623 62,898 275 0.44% 98,951 of
750,000
50c Clad Uncirculated Commemorative Coins 35,963 36,053 90 0.25%

2011 Medal of Honor Commemorative Coins

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Mintage
$5 Gold Proof Commemorative Gold Coins 16,841 16,888 47 0.28% 24,220
of
100,000
$5 Gold Uncirculated Commemorative Gold Coins 7,325 7,332 7 0.10%
Silver Dollar Proof Commemorative Coins 98,394 98,932 538 0.55% 138,437
of
500,000
Silver Dollar Uncirculated Commemorative Coins 39,382 39,505 123 0.31%

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) 6,765 6,771 6 0.09% 10,531
of
20,000
Mary Todd Lincoln Uncirculated (2010) 3,760 3,760 0 0.00%
Eliza Johnson Proof (2011) 3,383 3,412 29 0.86% 5,725
of
15,000
Eliza Johnson Uncirculated (2011) 2,298 2,313 15 0.65%
Julia Grant Proof (2011) 3,402 3,434 32 0.94% 5,665 of 15,000
Julia Grant Uncirculated (2011) 2,211 2,231 20 0.90%
Lucy Hayes Proof (2011) 2,033 2,152 119 5.85% 3,448 of 15,000
Lucy Hayes Uncirculated (2011) 1,277 1,296 19 1.49%

United States Mint Proof Sets

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Notes
2011 America the Beautiful Quarters Proof Set 109,714 111,215 1,501 1.37%  
2011 Presidential $1 Proof Set 234,212 236,080 1,868 0.80%  
2011 Silver Proof Set 461,584 461,766 182 0.04%  
2011 Proof Set 836,642 845,422 8,780 1.05%  
2010 Proof Set 1,092,068 1,092,381 313 0.03%  
2011 America the Beautiful Quarters Silver Proof Set 115,667 115,695 28 0.02%  
2010 America the Beautiful Quarters Proof Set 270,371 270,590 219 0.08%  
2010 Silver Proof Set 573,269 573,620 351 0.06%  
2010 Presidential $1 Proof Set 529,092 529,376 284 0.05%  
2010 America the Beautiful Quarters Silver Proof Set 266,900 266,904 4 0.00%  

US Mint Uncirculated Sets

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Notes
2011 US Mint Uncirculated Set 429,830 433,468 3,638 0.85%  
2010 US Mint Uncirculated Set 576,654 576,835 181 0.03%  
2011 Presidential Uncirculated Set 39,420 40,223 803 2.04%  
2010 Presidential Uncirculated Set 98,620 98,620 0 0.00%  

Presidential Coins & First Spouse Medal Sets

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Notes
Abigail Fillmore 9,671 9,686 15 0.16%  
Jane Pierce 7,547 7,558 11 0.15%  
Buchanan’s Liberty 7,167 7,187 20 0.28%  
Mary Todd Lincoln 13,225 13,263 38 0.29%  
Eliza Johnson 4,839 4,884 45 0.93%  
Julia Grant 4,333 4,428 95 2.19%  
Lucy Hayes 1,448 1,950 502 34.67%  

Presidential $1 Coin Covers

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
 
William Henry Harrison 29,671 29,671 0 0.00%  
John Tyler 26,420 26,422 2 0.01%  
James K. Polk 24,635 24,638 3 0.01%  
Zachary Taylor 23,598 23,600 2 0.01%  
Millard Fillmore 22,481 22,484 3 0.01%  
Franklin Pierce 20,860 20,866 6 0.03%  
James Buchanan 19,512 19,521 9 0.05%  
Abraham Lincoln 31,404 31,425 21 0.07%  
Andrew Johnson 17,121 17,135 14 0.08%  
Ulysses S. Grant 16,471 16,510 39 0.24%  

Rutherford B. Hayes $1 Coin Rolls

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
25-coin roll set (P) 24,156 24,506 350 1.45% 48,300
25-coin roll set (D) 23,479 23,794 315 1.34%

Ulysses S. Grant $1 Coin Rolls

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
25-coin roll set (P) 27,960 28,099 139 0.50% 55,346
25-coin roll set (D) 27,128 27,247 119 0.44%

Andrew Johnson $1 Coin Rolls

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
25-coin roll set (P) 30,585 30,673 88 0.29% 60,056
25-coin roll set (D) 29,322 29,383 61 0.21%

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) 48,744 48,744 0 0.00%

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) 34,290 34,290 0 0.00% 67,936
25-coin roll set (D) 33,646 33,646 0 0.00%

Native American Dollar Rolls

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
2011-dated 25-coin roll set (P) 18,638 18,749 111 0.60% 37,385
2011-dated 25-coin roll set (D) 18,530 18,636 106 0.57%
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) 6,630 6,716 86 1.30%  
2011-dated 2-roll set (P&D) 20,900 20,987 87 0.42%  
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 22,147 22,768 621 2.80%  
2010 Issue 30,876 30,985 109 0.35%  

2010 Quarters Circulating Coin Set

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
 
  20,931 21,000 69 0.33%  

America the Beautiful Quarters Three-Coin Sets™

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
 
Olympic 10,891 11,230 339 3.11%  
Glacier 12,597 12,844 247 1.96%  
Gettysburg 14,743 14,925 182 1.23%  
Mount Hood 14,258 14,310 52 0.36%  
Grand Canyon 16,588 16,648 60 0.36%  
Yosemite 17,108 17,159 51 0.30%  
Yellowstone 19,518 19,570 52 0.27%  
Hot Springs 19,293 19,333 40 0.21%  

Vicksburg National Military Park Quarters

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
100-Coin Bag (P) 2,733 2,784 51 1.87% 5,485
100-Coin Bag (D) 2,654 2,701 47 1.77%
Two-Roll Set 20,713 21,169 456 2.20% 21,169

Olympic National Park Quarters

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
100-Coin Bag (P) 3,222 3,244 22 0.68% 6,390
100-Coin Bag (D) 3,125 3,146 21 0.67%
Two-Roll Set 23,571 23,742 171 0.73% 23,742

Glacier National Park Quarters

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
100-Coin Bag (P) 3,539 3,556 17 0.48% 7,271
100-Coin Bag (D) 3,697 3,715 18 0.49%
Two-Roll Set 26,014 26,136 122 0.47% 26,136

Gettysburg National Military Park Quarters

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
100-Coin Bag (P) 4,605 4,614 9 0.20% 9,066
100-Coin Bag (D) 4,446 4,452 6 0.13%
Two-Roll Set 31,248 31,365 117 0.37% 31,365

Mount Hood National Forest Quarters

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
100-Coin Bag (P) 6,153 6,168 15 0.24% 12,097
100-Coin Bag (D) 5,911 5,929 18 0.30%
Two-Roll Set 33,147 33,172 25 0.08% 33,172

Grand Canyon National Park Quarters

  Old
Sales
Latest
Sales
Gain/
Loss
%
Increase
Total
100-Coin Bag (P) 6,760 6,760 0 0.00% 13,875
100-Coin Bag (D) 7,115 7,115 0 0.00%
Two-Roll Set 34,935 34,935 0 0.00% 34,935

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 178,127 178,196 69 0.04%  

 

*NLA – No Longer Available.

The collector coin sales figures above have an "as of date" of October 3, 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 U.S. coins page.

{ 1 comment… read it below or add one }

Brian October 27, 2011 at 4:05 pm

The US Mint sent out everybodies subsciption Silver Eagles at the higher price, then made them unavailable for 2 weeks (the return policy from the Mint is 7 days) THEN, they made the Eagle available at the lower cost to those that didn’t have subscriptions. All that time, the price of Silver fluxuated a couple of dollars an ounce. And they refuse to refund the difference of the two prices to those that had subscriptions. Considering this is the FIRST year they started to sell the coins after a 2 year suspension, it appears they did this intentionally to make extra money before the price drop went into affect. They just screwed every subscriber in the US Silver Eagle program. And now they want DOUBLE the price of Silver for the 5 coin set. Are they just TRYING to run off the collectors? What a racquet. What a rip off. I’m tempted to STOP buying coins from the Mint becasue of it. They have made literally thousands of dollars from my purchases over the years and now they want to screw ALL of the subscribers for less than $10 per coin. What has collecting come to?

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