Coin demand declined almost across the entire United States Mint product lines, according to the latest weekly sales figures.
The week-over-week gainers can be counted on three fingers:
- Proof Anna Harrison First Spouse Gold Coins rose 56 over the previous 33
- The 2009 US Mint Set climbed 7,385 versus 3,616
- John Tyler Presidential $1 Coin Covers increased 29 from 23
Sales of 2010 American Disabled Veterans Silver Coins are settling in -- which is normal -- following their brisk opening numbers. Collectors picked up another 24,784 of the proofs and 8,692 of the uncirculated silver dollars, bringing their combined total to 131,834 since their official release on February 25, 2010. They have reached nearly 38% of their allotted 350,000 mintage. [click to continue…]
Another new year dated product debuts in the latest United States Mint weekly sales report. The 2010 Disabled Veterans Silver Coins shined with three-day sales hitting nearly 100,000.
Broken out, 66,209 of the proof options were sold along with 32,149 of the uncirculated. In total, collectors grabbed 98,358 and made their sales debut one of the better ones.
As a comparison, "last year's highly popular and sold out Abraham Lincoln Silver Dollar debuted with three-day sales of 116,558 for the proof and 61,164 for the uncirculated, totaling to 177,722," writes CoinNews. "The final commemorative of last year, the Louis Braille Silver dollar, came in with initial sales of 28,880 for the proof and 11,964 for the uncirculated, totaling 40,844."
The American Veterans Disabled for Life Silver Dollars are the first of two commemoratives to be released in 2010, with the 2010 Boy Scout Silver Coins to follow on March 23, 2010.
While the proof and uncirculated silver dollars came in number one and number two as leaders in collector coin sales, the 2010 Presidential $1 Coin Proof Set was right behind. Another 25,512 were sold, bringing the total to 326,464 in less than one month of availability. [click to continue…]
The latest United States Mint weekly sales report has another 2010 addition, Millard Fillmore Presidential $1 coin rolls which were launched on Thursday, February 18, 2010.
Between their release and through to Sunday, collectors purchased 26,008 of the 25-coin roll sets from Philadelphia and 25,521 from Denver. The prior Zachary Taylor $1 rolls had slightly better inaugural sales figures with respective totals of 27,015 and 26,200. Before that, the Polk rolls came in at 27,949 and 27,238. Each of these dollars rolls are still offered by the US Mint for a sales price of $35.95. [click to continue…]
Unless gold prices in London retreat by more than $100 on Wednesday morning, the U.S. Mint will increase the price of First Spouse Gold Coins by $25 and the proof American Buffalo Gold Coin by $50.
The prices for these coins were actually decreased by those same amounts on January 27, 2010, when the weekly gold average had fallen below $1,100 an ounce -- one of the barriers the United States Mint uses to adjust the selling prices of its numismatic gold coins. [click to continue…]
In a twist away from the past, the latest US Mint coin sales figures represent two combined weeks of data instead of the normal one.
With two blizzards running through the East Coast and the Washington, D.C., area within a week, the United States Mint's headquarters was shut down for four days from Feb. 8 to 11. Bullion American Eagle shipments were delayed as were deliveries out of the Philadelphia Mint. Sales stats were not sent out.
With a fresh week are fresh numbers. New to the list this week are 2010 Presidential $1 Dollar Coin Proof Sets. Sales came in at a very robust 224,426 from their Feb. 11 launch date to Feb 14. The sets are already at more than 1/3 the level of the 2009s, which finished at 624,761. This year's set features $1s honoring Millard Fillmore, Franklin Pierce, James Buchanan and Abraham Lincoln. The Lincoln dollar is no doubt helping sales greatly. Collectors have been running to buy any new coin with Lincoln's image. [click to continue…]
Another uninspiring week of numbers appear in the latest US Mint sales report as collectors wait for more 2010-dated offerings. There are a few highlights worth discussing, both good and bad.
The first batch of 2010 Kennedy Half Dollars numbers have been released. The 50c bags and rolls were launched on January 29. A total of 7,559 of the two-roll sets and 1,237 of the 200-coin bags were sold by January 31. Each product has respective prices of $32.95 and $130.95, and may be ordered directly from the United States Mint Web site.
First Spouse Coins took a big step back for a second week. 240 of the 24-karat gold coins were listed as purchased in the prior report. The latest weekly gains stand at a NEGATIVE 188. Two of the 2009 First Spouse Gold Coins were the major culprits. The Margaret Taylor Gold proof and uncirculated options were adjusted downward by 59 and 235, respectively. Usually such a change indicates a sizable return or accounting corrections. [click to continue…]
That latest United States Mint sales report is again lacking in excitement, with only three products performing better than their prior weekly gains.
Added to the sales columns this week are the new 2010 Native American Dollars. Denver and Philadelphia 25-coin rolls went on sale Friday, January 22, 2010 for the price of $35.95 each. Collectors purchased 8,333 of the 2010-Ps rolls and 8,446 of the 2010-Ds rolls during the first few days of availability. For reference, the US Mint indicates that it sold 59,000 rolls of 2009-Ps and 53,732 rolls of 2009-Ds.
2010-dated bullion American Eagles have cooled compared to the initial two-day sales after their January 19 release. Since our last report, authorized buyers ordered another 16,000 Gold Eagles for a year-to-date total of 85,000. They also purchased another 745,000 of the Silver Eagles, bringing their yearly total to an impressive 3,592,500. The silver bullion coins have already reached a historic record this month. (For details, read the CoinNews.net article: Silver Eagle Sales Top 3 Million, Best Ever January.)
The drop in precious metal prices since last week have not helped the eagles, nor the First Spouse Gold Coins. A total of 733 were sold in the last report. The latest weekly total is just 240. The proof Harrison and Letitia coins, however, managed small improvements over their prior numbers. [click to continue…]
Numismatic coin sales were again lackadaisical based on the latest weekly United States Mint sales report. A few products did stand out, like the Margaret Taylor First Spouse Gold Coins and the Lincoln Presidency Cents.
The Taylor proofs jumped 261 versus the prior 152 weekly gain. The uncirculated option rose 320 compared to only 97.
The 2009 US Mint Proof set finally showed a better than prior pick up. Sales increased 7,168 over 4,971 for a new total of 1.42 million sold. The 2009 Silver Proof Set also improved, rising 4,560 versus 4,118. All other proof and mint sets declined in demand, with the 2009 DC & US Territories Quarters Proof Set actually falling 6,809. It would appear to be an accounting correction, or a ton of unusual customer returns. Weekly set sales have been mostly lower since early December.
Lincoln Presidency cents in two-roll sets rose the most in weeks. Numbers increased by 4,990 to 220,699 sold. No doubt helping is that collector's have recently learned that the final of the four 2009 cents has, by far, the lowest mintage. (See 2009 Lincoln Penny Mintages.)
Northern Mariana Islands First Day Coin Covers make their first appearance on the US Mint sales report. The covers went on sale Jan. 12, 2010. In less than a week, the Mint indicates collectors purchased 4,475. [click to continue…]
Demand for numismatic coins remained mostly flat, according to the latest United States Mint weekly sales report. But bullion Gold and Silver American Eagle coins kicked into higher gear despite their rationing.
The biggest news of the week has been the US Mint's announcement of the Tuesday morning 2009 Silver Eagle sellout. Final sales jumped 260,000 during the preceding seven days for a total of 367,500 sold in the month of January. That adds to the record-breaking 28,766,500 purchased in 2009. The 2010-dated version are expected to launch on Jan. 19.
Bullion Gold Eagles also improved, picking up 18,000 versus the prior weekly gain of only 2,000.
Shifting back to collector coins... for yet another week the two most popular US Mint collector sets, the 2009 Mint Uncirculated Set and 2009 Proof Set, again declined. The former came in with a weekly increase of 8,741 compared to 10,351. The latter showed a gain of 4,971 versus 8,946. In fact and ironically, only the 2008-dated Annual Uncirculated Dollar Coin Set shows increasing demand. The sold out Lincoln Cent Proof Set was actually set back by 1,107 to stand at an even 200,000. [click to continue…]
