CoinNews

The 2009 Silver Eagle coin cancellations sting many collectors the most following yesterday's US Mint announcement that it would not offer several long awaited and anticipated 2009 products.

For many weeks now, collector questions, concerns and worry increased about the possibility of this very thing happening -- especially to the proof Silver Eagle. The thought of forever having a gapping hole in a 23-year old collection is severely disappointing, but now a reality.

Of interesting note, there is still a means to buy an uncirculated 2008-dated American Silver Eagle directly from the US Mint. One is included in the 2008 US Mint Annual Uncirculated Dollar Set for $37.95.

The set includes the collector eagle as well as four 2008 Presidential $1 Coins from the United States Mint at Philadelphia, and a Sacagawea Golden Dollar from the United States Mint at Denver.

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2009 US Mint Uncirculated Set sales are on fire and off to a lightning quick start, effortlessly surpassing initial demand of prior year sets.

Between their launch on noon Thursday (Oct. 1) through Sunday (Oct. 4), coin collectors purchased a whopping 297,842 at $27.95 each. The US Mint pulled in a hefty $8,324,684 in a mere four days.

The annual Mint set is an always popular product, with modern sales reaching into at least several hundred thousand and many topping a million. But initial sales from at least the last two years have not blasted off as they have this year, as the following table highlights:

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Demand for the 2009 Kennedy Half Dollar has pushed their mintages higher, September coin production and recent US Mint sales figures seem to indicate.

While the US Mint no longer makes Kennedy Half Dollars for general circulation, they do offer circulating strikes in bags and rolls for coin collectors.

Demand has not been blazingly strong for these in past years. In 2008, the Mint struck 1.7 million in Denver and in Philadelphia, for a total of 3.4 million. The amount was sufficient to cover collector purchases with several thousand left over, as the following table highlights:

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