Demand improved slightly for numismatic products but declined for bullion coins, the latest United States Mint sales data reveals.
March bullion American Silver Eagle sales have stalled since hitting 1.175 million last Tuesday -- a seven-day freeze. In contrast, the weekly numbers moved up 750,000 in the last report and jumped 1.25 million prior to that.
Bullion American Gold Eagle coins fared better, but not by much. Sales were up 8,500 during the last seven days. However, on the flip side, they had a 6,500 increase last Wednesday so they have only gained 2,000 since then. [click to continue…]
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…]
CAYUGA COUNTY, N.Y. -- The crowd packed the cafeteria and overflowed into the halls at Moravia Central School Thursday morning. People even peered through the windows to watch. "We thought we'd get 300 people. It's a school vacation, so we thought we wouldn't get people to come. But obviously, we were wrong," said ...
Full Article: New U.S. presidential coin has local heritage - News10Now.com
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…]
NGC has certified a Zachary Taylor Presidential $1 coin that bears the date 2010 D. The Zachary Taylor coin was the fourth Presidential dollar released in 2009 and should correctly bear the date 2009, not 2010. This is the first time that the wrong date has been reported on an edge-lettered US dollar.
The date on each ...
Full Article: Misdated Presidential Dollar Excites Error Collectors - NGC
Millard Fillmore Presidential $1 Dollar Coin - Click to Enlarge
WASHINGTON - On February 18, 2010, the United States Mint will release to the Federal Reserve Banks the first new Presidential $1 Coin of 2010, honoring former President Millard Fillmore.
Beginning at noon Eastern Time (ET) the same day, the agency also will accept orders for rolls of Millard Fillmore Presidential $1 Coins at its online catalog, http://www.usmint.gov/catalog.
Each roll, priced at $35.95, contains 25 circulating quality $1 coins from either the United States Mint at Philadelphia or Denver. The coins are wrapped in specially designed packaging that displays the mint of origin (P or D), the face value of the contents ($25) and the genuine United States Mint logo. [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…]
Numismatic News received a letter recently that said the Mint director treated the new Native American dollar coins too roughly at its debut event. Referred to specifically was the pouring of new Native American dollars from a basket at a Jan. 25 ceremony in New York that was covered in Numismatic News.
The tone of the letter was such that you would think the Mint director was smashing ...
Full Article: Don't treat dollars with kid gloves – use them - Buzz with Dave Harper
