Debut Sales Bounce for Hawaii Volcanoes Five Ounce Coin

by Mike Unser on October 3, 2012 · 4 comments

2012-P Hawaii Volcanoes National Park 5 Oz Silver Uncirculated Coin

Debut sales for the Hawaii Volcanoes five ounce coin topped previous releases

Starting United States Mint sales figures were stronger for the newly released 2012-P Hawaii Volcanoes National Park Five Ounce Silver Uncirculated Coin as compared to previous releases.

The Hawaii Volcanoes coin is a numismatic version with the special finish and "P" mint mark, and marks the fourteenth release within the series of America the Beautiful Five Ounce Silver Uncirculated Coins.

Introduced to the public on September 24 at a price of $204.95, one-week sales for the collector coin that has five ounces of 99.9% fine silver totaled 9,186 coins.

Supported by a distinctive design and lower premium as a result of higher silver prices, more collectors purchased the Hawaii Volcanoes five ounce coin during its starting days than any other release in the series this year.

As a comparison, debut sales for the immediate previous 2012-P Acadia National Five Ounce Silver Uncirculated Coin were 6,552. Prior to that, the 2012-P Chaco Culture Five Ounce Silver Uncirculated Coin started at 6,365. The 2012-P El Yunque Five Ounce Silver Uncirculated Coin opened with sales of 6,514.

These uncirculated coins are sold directly by the U.S. Mint to the public via http://www.usmint.gov/catalog.

The Mint also produces bullion versions intended for investors. They are identical to the uncirculated coins, with the exception of their finish, lack of mint mark and how they are sold. All bullion coins produced by the U.S. Mint are sold through a network of authorized dealers who buy in bulk and resell in smaller quantities. Investors and collectors will find them through coin and bullion dealers, not from the U.S. Mint.

For reference, the following grid provides the current sales figures for the bullion and uncirculated silver coins that are still offered by the United States Mint.

Sales of America the Beautiful 5 Oz. Silver Coins
ATB Silver Coins in Order of Release Version
Investment-Grade Bullion (sales/mintage) Collector Uncirculated (sales/mintage)
2011 Gettysburg National Military Park (Pennsylvania) 126,700/126,700 23,790/35,000
2011 Glacier National Park (Montana) 126,700/126,700 19,819/35,000
2011 Olympic National Park (Washington) 85,900/126,700 17,353/35,000
2011 Vicksburg National Military Park (Mississippi) 39,500/126,700 17,525/35,000
2011 Chickasaw National Recreation Area (Oklahoma) 29,700/126,700 15,767/35,000
2012 El Yunque National Forest (Puerto Rico) 17,900/To Demand 14,113/25,000
2012 Chaco Culture National Historic Park (New Mexico) 17,200/To Demand 11,332/25,000
2012 Acadia National Park (Maine) 18,000/To Demand 11,206/25,000
2012 Hawaii Volcanoes National Park (Hawaii) 10,400/To Demand 9,186/25,000

 

The uncirculated sales figures above are as of Monday, October 1, 2012. The bullion sales figures are as of Tuesday, October 2, 2012.

{ 4 comments… read them below or add one }

Joe October 3, 2012 at 12:59 pm

Very happy I purchased one of these volcanoes. Pretty coin. Thinking about having it sent off to be graded…Haven’t opened the mint box…..

Joe #2 🙂

Boz October 3, 2012 at 1:05 pm

The collector coin sales are close to the bullion, which is the first time in the series this has happened. The authorized purchasors may not be too happy about that. Last time I checked, the difference between buying directly from the mint and buying from an AP was around six bucks.

Usually the flat rate shipping from the mint is $5.00, whereas from the AP’s they will gouge you up to $30.00 for shipping and handling. So as of now, it is cheaper to buy from the government than from the AP’s.

I can guarantee you this deal won’t last long.

Joe October 3, 2012 at 11:01 pm

$203.06 for the bullion volcanoe right now. Plus $6 for shipping.

Blue October 10, 2012 at 9:34 am

$188.35 for the bullion volcano @ Provident Metals right now..plus $8.95 for shipping. I have tried and tried to get them to go to flat rate shipping, telling them they would increase sales. No luck. So when I order I max out, to get the most bang for the shipping buck.

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