2011 Proof American Silver Eagle Sales Hit $22 Million in Six Days

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Buyers raced to purchase the latest annual proof American Silver Eagle coin from the United States Mint. The Mint reported six days sales of more than $22 million between their Thursday, June 30, release and Tuesday, July 5.

United States Mint Image of the 2011 Proof American Silver Eagle
United States Mint Image of the 2011 Proof American Silver Eagle

It was the best debut tally for a U.S. Mint numismatic coin this year. The unit total came in at 367,623 for a daily sales average of 61,271 coins. At the $59.95 per coin price, the exact sales total over the six days was $22,038,998.85.

The proof American Silver Eagle is the most popular collector coin the United States Mint offers. Last year’s issue opened with sales of over $12.5 million, or 273,212 units, during their first three days. The .999 fine silver proof coins were not issued in 2009 — which help lift 2010 sales, but the 2008 issue registered sales of $5.9 million, or 185,232 units, in four days. How the silver coins have performed since their introduction in 1986 is shown in the following table:

Historical Proof American Silver Eagle Sales

Year Final Sales   Year Final Sales
1986-S 1,446,778   1998-P 450,728
1987-S 904,732   1999-P 549,330
1988-S 557,370   2000-P 600,743
1989-S 617,694   2001-W 746,398
1990-S 695,510   2002-W 647,342
1991-S 511,924   2003-W 747,831
1992-S 498,543   2004-W 801,602
1993-P 405,913   2005-W 816,663
1994-P 372,168   2006-W 843,602
1995-P 407,822   2007-W 821,759
1995-W 30,102   2008-W 700,979
1996-P 498,293   2009 N/A
1997-P 435,350   2010-W 860,000

 

The Mint has not indicated what the maximum mintage for the 2011 issue will be. Traditionally, Silver Eagle mintage levels have been sufficient to support several months of demand.

Buyers may order the 2011 Proof American Silver Eagle directly from the United States Mint website at http://catalog.usmint.gov or by calling the bureau’s toll free number 1-800-USA-MINT (872-6468). The Mint has a 100 per household limit in place. Each domestic order will be assessed a $4.95 shipping and handling fee.

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