Several of the US Mint's numismatic products showed significant increases in sales. At the beginning of the sales period, many collectors took advantage of a brief opportunity to order coins at relative bargain prices compared to the intrinsic value of the coins.
Sales of the one ounce 2011 Proof Gold Eagle, 2011 Proof Gold Buffalo, and 2011-W Uncirculated Gold Eagle each moved higher from the previous week. Sales of these coins and most other numismatic gold offerings were suspended on Tuesday morning, with sales resumed on Wednesday at prices proportionally $100 per ounce higher. Just before the suspension, some of these numismatic products were priced around the same levels as equivalent bullion products.
The biggest increases in sales came for the 2011 commemorative gold coins. Sales of these products continued until nearly the end of the week, priced at bargain levels considering the market price of gold. Finally, sales were suspended pending the development of a pricing grid structure. The US Mint recorded sales of 748 uncirculated and 157 proof Army $5 Gold Coins and 899 uncirculated and 338 proof Medal of Honor $5 Gold Coins.
Early in the sales period, one per household ordering limit previously in place for the 2010-P Grand Canyon National Park Five Ounce Silver Uncirculated Coins was removed. Collectors responded by ordering 2,045 coins. The total sales have now reached 26,262 out of the 27,000 total mintage.
The full US Mint numismatic product sales report appears below. The figures are compiled through August 15, 2011. The first number column represents total sales through the reporting date, and the second number column represents the change in sales since the last report. Products with sales followed by an asterisk (*) are no longer available from the United States Mint. Currently available US Mint products can be found online at http://catalog.usmint.gov/
| Product | Sales | Change |
| 2011 AMERICAN EAGLE PLATINUM PROOF COIN | 9,016 | 169 |
| 2011 AMERICAN EAGLE GOLD PROOF COINS | ||
| One ounce | 26,720 | 1,255 |
| One-half ounce | 3,488 | 192 |
| One-quarter ounce | 5,487 | 340 |
| One-tenth ounce | 11,986 | 493 |
| Four-coin set | 9,596 | 325 |
| 2011 AMERICAN EAGLE GOLD UNCIRCULATED COIN | ||
| One ounce | 4,959 | 814 |
| 2011 AMERICAN BUFFALO GOLD PROOF COIN | 16,551 | 1,064 |
| 2011 AMERICAN EAGLE SILVER PROOF COIN | 679,347 | 35,271 |
| 2011 ARMY COMMEMORATIVE COINS | ||
| $5 Gold Proof | 16,137 | 157 |
| $5 Gold Uncirculated | 7,011 | 748 |
| $1 Silver Proof | 108,091 | 392 |
| $1 Silver Uncirculated | 40,920 | 85 |
| 50 Cent Clad Proof | 61,871 | 128 |
| 50 Cent Clad Uncirculated | 35,400 | 72 |
| 2011 MEDAL OF HONOR COMMEMORATIVE COINS | ||
| $5 Gold Proof | 16,493 | 338 |
| $5 Gold Uncirculated | 7,276 | 899 |
| $1 Silver Proof | 96,366 | 494 |
| $1 Silver Uncirculated | 37,110 | 133 |
| FIRST SPOUSE GOLD COINS | ||
| Abigail Fillmore Proof (2010) | 6,140* | 0 |
| Abigail Fillmore Uncirculated (2010) | 3,489* | 0 |
| Jane Pierce Proof (2010) | 4,843* | 0 |
| Jane Pierce Uncirculated (2010) | 3,333* | 0 |
| Buchanan's Liberty Proof (2010) | 7,304* | 0 |
| Buchanan's Liberty Uncirculated (2010) | 5,348* | 0 |
| Mary Todd Lincoln Proof (2010) | 6,667 | 57 |
| Mary Todd Lincoln Uncirculated (2010) | 3,760* | 0 |
| Eliza Johnson Proof (2011) | 3,235 | 72 |
| Eliza Johnson Uncirculated (2011) | 2,167 | 55 |
| Julia Grant Proof (2011) | 3,188 | 13 |
| Julia Grant Uncirculated (2011) | 2,143 | 74 |
| AMERICA THE BEAUTIFUL 5 OZ UNC COINS | ||
| 2010-P Hot Springs National Park | 27,000* | 0 |
| 2010-P Yellowstone National Park | 27,000* | 0 |
| 2010-P Yosemite National Park | 27,000* | 0 |
| 2010-P Grand Canyon National Park | 26,262 | 2,045 |
| Mount Hood National Park | 18,702 | 1,198 |
| SEPTEMBER 11 NATIONAL MEDALS | ||
| 2011-W | 84,823 | 11,857 |
| 2011-P | 49,567 | 5,169 |
| 2011 PROOF SETS | ||
| 2011 U.S. Mint Proof Set | 802,318 | 4,959 |
| 2011 Presidential $1 Coin Proof Set | 227,672 | 1,292 |
| 2011 America the Beautiful Quarters Proof Set | 104,506 | 848 |
| 2011 SILVER PROOF SETS | ||
| 2011 U.S. Mint Silver Proof Set | 444,355 | 2,643 |
| 2011 America the Beautiful Quarters Silver Proof Set | 107,675 | 735 |
| 2011 UNCIRCULATED MINT SETS | ||
| 2011 U.S. Mint Uncirculated Set | 414,338 | 2,779 |
| 2011 Presidential $1 Coin Unc Set | 36,637 | 384 |
| 2011 America the Beautiful Quarters | 20,802 | 212 |
| 2010 PROOF SETS | ||
| 2010 U.S. Mint Proof Set | 1,089,577 | 277 |
| 2010 Presidential $1 Coin Proof Set | 528,176 | 267 |
| 2010 America the Beautiful Quarters Proof Set | 269,286 | 114 |
| 2010 SILVER PROOF SETS | ||
| 2010 U.S. Mint Silver Proof Set | 571,186 | 395 |
| 2010 America the Beautiful Quarters Silver Proof Set | 262,684 | 762 |
| 2010 UNCIRCULATED MINT SETS | ||
| 2010 U.S. Mint Uncirculated Set | 575,556 | 214 |
| 2010 Presidential $1 Coin Unc Set | 97,892 | 83 |
| 2010 America the Beautiful Quarters | 30,308 | 107 |
| 2010 CIRCULATING COIN SETS | ||
| 2010 America the Beautiful Quarters | 20,372 | 113 |
| 2011 NATIVE AMERICAN $1 COIN ROLLS | ||
| 25-Coin Roll (P) | 17,748 | 99 |
| 25-Coin Roll (D) | 17,724 | 107 |
| 2011 ULYSSES S. GRANT $1 COIN ROLLS | ||
| 25-coin roll (P) | 26,949 | -2,854 |
| 25-coin roll (D) | 26,266 | 164 |
| 2011 ANDREW JOHNSON $1 COIN ROLLS | ||
| 25-coin roll (P) | 30,198 | 55 |
| 25-coin roll (D) | 28,968 | 54 |
| 2010 ABRAHAM LINCOLN $1 COIN ROLLS | ||
| 25-coin roll (P) | 48,832* | 0 |
| 25-coin roll (D) | 48,748 | 0 |
| 2010 JAMES BUCHANAN $1 COIN ROLLS | ||
| 25-coin roll (P) | 34,242 | 15 |
| 25-coin roll (D) | 33,593 | 13 |
| 2009 ZACHARY TAYLOR $1 COIN ROLLS | ||
| 25-coin roll (P) | 40,329 | 11 |
| 25-coin roll (D) | 38,432 | 13 |
| 2009 JAMES K. POLK $1 COIN ROLLS | ||
| 25-coin roll (P) | 42,803 | 8 |
| 25-coin roll (D) | 41,062 | 15 |
| 2011 KENNEDY HALF DOLLAR BAGS & ROLLS | ||
| 200-Coin Bag | 6,223 | 46 |
| Two-roll set | 20,229 | 116 |
| 2011 OLYMPIC QUARTER BAGS & ROLLS | ||
| 100-coin bag (P) | 3,155 | 22 |
| 100-coin bag (D) | 3,073 | 20 |
| Two-Roll Set (80 coin) (P&D) | 22,866 | 214 |
| 2011 GLACIER QUARTER BAGS & ROLLS | ||
| 100-coin bag (P) | 3,503 | 2 |
| 100-coin bag (D) | 3,651 | -2 |
| Two-Roll Set (80 coin) (P&D) | 25,543 | 104 |
| 2011 GETTYSBURG QUARTER BAGS & ROLLS | ||
| 100-coin bag (P) | 4,546 | 5 |
| 100-coin bag (D) | 4,401 | 2 |
| Two-Roll Set (80 coin) (P&D) | 30,868 | 67 |
| 2010 MOUNT HOOD QUARTER BAGS & ROLLS | ||
| 100-coin bag (P) | 6,098 | 8 |
| 100-coin bag (D) | 5,855 | 5 |
| Two-Roll Set (80 coin) (P&D) | 32,956 | 39 |
| 2010 GRAND CANYON QUARTER BAGS & ROLLS | ||
| 100-coin bag (P) | 6,703 | 10 |
| 100-coin bag (D) | 7,043 | 13 |
| Two-Roll Set (80 coin) (P&D) | 34,758 | 40 |
| 2010 LINCOLN TWO-ROLL SETS | ||
| Preservation of the Union | 177,503 | 94 |
| PRESIDENTIAL DOLLAR COIN COVERS | ||
| William Henry Harrison | 29,588 | 15 |
| John Tyler | 26,363 | 9 |
| James K. Polk | 24,580 | 12 |
| Zachary Taylor | 23,553 | 12 |
| Millard Fillmore | 22,429 | 9 |
| Franklin Pierce | 20,807 | 9 |
| James Buchanan | 19,442 | 16 |
| Abraham Lincoln | 31,068 | 36 |
| Andrew Johnson | 16,934 | 44 |
| Ulysses S. Grant | 16,932 | 84 |
| PRES $1 COIN & FIRST SPOUSE MEDAL SETS | ||
| Abigail Fillmore | 9,610 | 4 |
| Jane Pierce | 7,483 | 5 |
| James Buchanan's Liberty | 7,081 | 2 |
| Mary Todd Lincoln | 12,978 | 33 |
| Eliza Johnson | 4,566 | 44 |
| Julia Grant | 3,648 | 136 |
| AMERICA THE BEAUTIFUL QUARTER 3 COIN SETS | ||
| Hot Springs National Park | 19,036 | 38 |
| Yellowstone National Park | 19,174 | 40 |
| Yosemite National Park | 16,786 | 33 |
| Grand Canyon National Park | 16,259 | 41 |
| Mount Hood National Forest | 13,906 | 46 |
| Gettysburg National Military Park | 13,524 | 327 |
- US Mint FY 2011 Numismatic Program Revenue and Profits Surge
- Sales Conclude This Week for US Mint 2010 Annual Sets
- US Mint 2011 Commemorative Coin Sales Conclude Next Week
- US Mint Begins, Suspends Sales of 2011-P Gettysburg 5 oz Silver Uncirculated Coins
- U.S. Mint Relists 2011 Gold Commemorative Coins at New Fixed Prices
I see platinum eagles have finally crossed the 9000 mark. I have to admit I am surprised people are still buying it, given the high price.
Additionally, I confess to some surprise that silver eagle sales and silver quarters/silver proof sets aren’t selling faster. One would think that buyers would be taking advantage of the lull in silver prices to purchase these products.
Eliza Unc is deader than disco! Could be a new key here with an under 2500 mintage.
those are huge numbers for the unc AGE. Unless they sell out sometime soon this coin may not be a sleeper after all – total sales figures could be well over 10,000 if they keep selling at this rate.
With my luck the unc AGE weekly sales figures will continue to increase, the coin will remain on sale for a full year and total sales will be somewhere between 30,000 to 50,000. I should have known better than to think I could pick a winner. I should of been smart and saved a little money and just bought gold bullion instead because that may be all these coins will ever be worth.
Its not over yet…
These increased sales figures, how many of these are orders from the big coin dealers from across the country. I would bet most of them are and would have to be from all the customers calling up and wanting graded coins and these big guy’s also getting in before the price increase. I don’t think its from a lot of indiv.’s….
It’s a long time to go until dec 31-11, don’t give up..
Keep your eyes peeled on Eliza Johnson UNC. After the rush to buy before the price increase, she still is low down. For everyone who wants their coin to be a sleeper, you better hope for further price increases fast. BUT, if gold is going to hover around this price as a “new normal” or go higher, then you are left with lower mintages for all gold products going forward, therefore knocking down potential secondary market values for the current offerings. Whose to say the next AGE or Buffalo or Spouse or Commemorative issued when gold is $2000+ that they won’t be the ones worth holding? These are definitely uncharted waters for gold mint offerings and the price of precious metals. Be careful if you are making decisions about secondary market potential. Think about future offerings even lower than what we have now. I’m sitting on the sidelines with mint issued coins and buying bullion as close to spot as possible. It’s too rich for me to pay premiums for my hobby. I’m pouring all my disposable hobby money into bullion.
It’s hard to figure how higher prices affect peoples thinking and sales figures. I thought higher prices might slow sales down a little but it only seems to increase sales even more because collectors want to buy before prices go even higher. This could become a long term continuous cycle. Obviously I know that higher prices mean more people are buying pm’s in general but it may be the same for collectible pm coins as well.
But I agree – I think the smart thing to be doing now is buying bullion – esp. silver bullion or junk silver which is a much better buy right now. Silver is still about $10 from it’s all time high while gold continues to make new highs. And the g/s ratio is about 45 to 1 so silver clearly has some catching up to do because I don’t think is coming down – but if it does it won’t be for long.
Correction – if pm prices really start to increase significantly (which I think they will) I do think this will eventually slow collectible coin sales figures. But in the short term collectible coin sales may continue to increase with prices. When and at what price more and more coin collectors start becoming mostly pure pm investors is hard to say. It may just depend on how bad the economy really gets. Most people don’t really have the money for collectible hobbies during depressions. Unless I suppose their money is in collectible pm coins where most of the coins values are intrinsic and the depression is an inflationary one. But in an inflationary depression we all would be better off just owning bullion anyway because that’s really all most collectible coins would be worth.