American Silver Eagle Bullion coins settled down, no doubt thanks to the recent volatile movement of silver prices. While the last sales report showed the eagles had jumped by 475,000 in a week, the latest seven day gain is down to 275,000. Bullion American Gold Eagles fared slightly better although demand was still down with a rise of 15,000 versus the previous 22,000.
Since many coin collectors spend their time outside of the hobby during the summer months, US Mint weekly sales can tend to be routine and borderline boring. That is not the case with the latest round of coin figures.
In a single week, August demand for American Eagle Gold Bullion Coins nearly doubled. 23,000 had been sold up through the 12th. By the 19th, 45,000 were purchased. For the year, the total has jumped to 801,500.
Silver Eagle Bullion Coins continue their blazing sales trail. 17,739,000 have been sold this year. Another 475,000 left US Mint doors in the last seven days alone.
Freshly minted Julia Tyler First Spouse Gold Coins reached 2,087 for the proof and 1,125 for the uncirculated. At the same time, the proof Jackson's Liberty First Spouse Coin sold out. The latest US Mint figures show their total at 7,806.
And for the final highlights, 2009 Proof Sets are gliding along. The clad set climbed another 19,906 and is heading toward one million. The silver set rose by 17,277 with an eye toward 500,000.
Dominating American Silver Eagle sales reach 630,000 in less than two August weeks. 2009 Lincoln Rail Splitter Cents make their final push over the 300,000 barrier. And UHR $20 Double Eagle Gold Coins swing toward 78,000.
Impressive? Certainly. But so are 2009 Proof Sets numbers. The 18-coin clad set jumped another 21,006 to hit 936,674. The million mark looks to be a few short weeks away. Silver proof sets rose 20,716 to settle at 406,455.
In other related news this week, Lincoln Formative Years penny rolls sold out. The latest two-roll set tally is 300,246, which will be close to the final sales figure for the second 2009 penny. The US Mint timed the sell out as the third 2009 cent, the Lincoln Professional Life penny, takes center stage Thursday. The coin is ceremoniously launched and two-roll sets go on sale. Collectors will anxiously await next week's figures.
UHR $20 gold coins roared, Silver Eagles soared, American Samoa quarters performed and US Mint Proof Sets marched forward.
The latest US Mint sales figures also include a fair share of average and sub-par numbers, but the highlights are more interesting:
Ultra High Relief $20 Gold coins awakened from a several month slumber. Lifting the one-coin order limit to ten helped prop the gold pieces up by 3,799 to reach 75,048. The weekly number jumped fivefold.
Bullion Silver Eagles are coins to watch. They recorded the best July since the series launched in 1986. More than 2.8 million were sold. 200,000 are already gone in a young month of August.
American Samoa quarters also made headlines. New Mint production figures show them to be the least minted quarter in generations. Their inaugural week quarter-dollar sales were also impressive. Buyers scooped up more than 17,000 two-roll sets.
2009 Proof Sets are cooling, but their weekly increases are still worthy of notice. Collectors purchased more than 915,000 proof sets since June 1 and nearly 386,000 silver sets since July 17.
Proof sets could hardly perform better for the US Mint and bullion silver eagles continue to flash forward at a striking pace. The numbers do the talking...
In a single week, 37,232 more Mint Proof Sets sets were sold, bringing the total to 888,329 since June 1.
As of July 17, collectors purchased an arresting 350,572 Silver Proof Sets with 79,200 added in a week.
And to top it off, American Eagle Silver bullion coins sprung past 16 million for the year and 2,585,000 for a yet to be completed July -- already registering the second best month and continuing at a record-setting yearly pace.
Other US Mint coin sales were less brag worthy. Ultra High Relief $20 Gold coin demand was nearly unchanged. 865 more were sold compared to the prior 868. Better numbers should kick in next week as a result of the Mint's coin limit unleashing on Monday.
What a difference a week can make. Collectors partially awoke from a summer slumber and began to buy US coins.
Ultra High Relief $20 Gold coins surpassed 70,000, newly released 2009 Silver Proof Sets reached 271,372 in three days, American Eagle Silver bullion coins topped 15.8 million, and demand was higher for the remaining US Mint silver coins.
Aside from several straggling First Spouse Gold coins, the US Mint had a good week -- at least better than the last. Even non silver 2009 Proof Sets emerged from a haze to rise 45,729 compared to the last reported 19,547. Tagging along were improved Lincoln Formative Years penny figures, jumping 5,179 from the prior 3,572.
Recent sales of 2009 Proof Sets hiccup, Braille Silver Dollars crawl, Lincoln Rail Splitters lose luster and, well... the list goes on for nearly every US Mint coin or set.
Collectors appear to be sleeping through the summer when it comes to buying modern coins. There is one, no make that two notable exceptions: American Eagle Gold and Silver bullion coins. They are screaming along this month.
The Mint has sold a whopping 15,449,500 silver and 721,000 gold American Eagles this year. The following tables sum up the current eagle mania, and recent slower sales of the coins discussed above:
Collectors had more on their minds than buying coins last week, the latest US Mint figures reveal. Sales were modest, held in check by diversionary summer travel and the celebration of an extended 4th of July holiday weekend.
As has been the case for several weeks, the Mint 2009 Proof Set led in sales. Another 101,409 were purchased on top of the last report, bringing the total sold to 785,821. It looks like the million figure will be breached by month's end.