May 21, 2012

US Mint Sales: Gold Coin Buyers More Cautious

The latest weekly US Mint sales report continues the drop off in sales for numismatic gold coins that began last week. This coincides with a decline in the spot price of gold that began at mid-month after gold reached a fresh all time high of $1,386 per ounce.

Sales figures for the recently released 2010 Proof Gold Eagle coins dropped by half or more compared to the prior week levels. The US Mint recorded sales of 2,107 of the one ounce coins, 247 of the half ounce, 311 of the quarter ounce, 644 of the tenth ounce, and 1,432 of the 4 Coin Set. For a third consecutive week, the highest seller was the one ounce individual option, which has now reached total sales of 21, 302, or 85.2% of the product limit.

The available First Spouse Gold Coins sold a combined 54 coins across all options. This comes in around one-tenth the level of sales in the prior week when 539 coins were sold. The weakest seller was the recently released James Buchanan's Liberty First Spouse Gold Coin, which sold just 7 proof and negative 29 uncirculated coins.

The 2010 Proof Gold Buffalo also experienced a sharp drop this week with sales of 485 coins. This is the lowest weekly sales total since mid-July. Total sales have now reached 37,703, which is more than 11,000 below the last reported sales for the 2009-dated version of the coin.

A bright spot in this week's report is the 2010 annual sets. The 2010 Proof Set, 2010 Mint Set, and 2010 Silver Proof Set, each showed gains compared to the prior week. This was led by the 2010 Proof Set, which sold 40,006 units to bring the total sales to 753,862.

The complete report of US Mint numismatic product sales appears in the table below. Figures are compiled as of October 24, 2010. 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.  Figures which are followed by an asterisk (*) are no longer available for sale from the United States Mint. Other products can be found online at http://catalog.usmint.gov/

Product Sales Change
2010 AMERICAN BUFFALO GOLD PROOF COIN 37,703 485
2010 AMERICAN PLATINUM EAGLE PROOF COIN 10,000* 0
2010 AMERICAN GOLD EALGE PROOF COINS
One ounce 21,302 2,107
One-half ounce 3,126 247
One-quarter ounce 3,760 311
One-tenth ounce 9,182 644
Four-coin set 11,419 1,432
FIRST SPOUSE GOLD COINS
Margaret Taylor Proof (2009) 4,600 11
Margaret Taylor Uncirculated (2009) 3,313 11
Abigail Fillmore Proof (2010) 5,093 17
Abigail Fillmore Uncirculated (2010) 3,228 10
Jane Pierce Proof (2010) 4,087 16
Jane Pierce Uncirculated (2010) 2,335 11
Buchanan's Liberty Proof (2010) 6,074 7
Buchanan's Liberty Uncirculated (2010) 3,965 (29)
2010 AMERICAN VETERANS DISABLED FOR LIFE SILVER DOLLAR
Proof 172,894 1,800
Uncirculated 71,136 530
2010 BOY SCOUTS OF AMERICA CENTENNIAL SILVER DOLLAR
Proof 245,000* 0
Uncirculated 105,000* 0
2010 PROOF SETS
2010 U.S. Mint Proof Set 753,862 40,006
2010 Presidential $1 Coin Proof Set 467,476 3,636
2010 America the Beautiful Quarters Proof Set 223,295 3,457
2010 SILVER PROOF SETS
2010 U.S. Mint Silver Proof Set 398,055 14,147
2010 America the Beautiful Quarters Silver Proof Set 198,533 2,788
2010 UNCIRCULATED MINT SETS
2010 U.S. Mint Uncirculated Set 453,845 10,361
2010 Presidential $1 Coin Unc Set 71,885 1,305
2009 PROOF SETS
DC/US Territories Proof Set 623,610 546
DC/US Territories Silver Proof Set 298,562 1,236
2010 NATIVE AMERICAN $1 COIN ROLLS
25-Coin Roll (P) 34,752 347
25-Coin Roll (D) 34,627 747
2010 JAMES BUCHANAN $1 COIN ROLLS
25-coin roll (P) 30,437 278
25-coin roll (D) 30,316 252
2010 FRANKLIN PIERCE $1 COIN ROLLS
25-coin roll (P) 33,496 121
25-coin roll (D) 33,140 105
2010 MILLARD FILLMORE $1 COIN ROLLS
25-coin roll (P) 37,272 89
25-coin roll (D) 35,668 72
2009 ZACHARY TAYLOR $1 COIN ROLLS
25-coin roll (P) 39,100 62
25-coin roll (D) 37,307 44
2009 JAMES K. POLK $1 COIN ROLLS
25-coin roll (P) 41,614 49
25-coin roll (D) 40,005 41
2010 KENNEDY HALF DOLLAR BAGS & ROLLS
200-Coin Bag 7,563 95
Two-roll set 31,923 335
2010 GRAND CANYON QUARTER BAGS & ROLLS
100-coin bag (P) 5,112 150
100-coin bag (D) 5,010 149
Two-Roll Set (80 coin) (P&D) 27,892 731
2010 YOSEMITE QUARTER BAGS & ROLLS
100-coin bag (P) 6,163 57
100-coin bag (D) 6,053 65
Two-Roll Set (80 coin) (P&D) 32,844 306
2010 YELLOWSTONE QUARTER BAGS & ROLLS
100-coin bag (P) 7,488 40
100-coin bag (D) 7,979 43
Two-Roll Set (80 coin) (P&D) 38,548 215
2010 HOT SPRINGS QUARTER BAGS & ROLLS
100-coin bag (P) 9,044 29
100-coin bag (D) 8,420 34
Two-Roll Set (80 coin) (P&D) 44,062 179
2010 LINCOLN TWO-ROLL SETS
Preservation of the Union 158,644 1,444
PRESIDENTIAL DOLLAR COIN COVERS
William Henry Harrison 28,674 21
John Tyler 25,467 26
James K. Polk 23,681 22
Zachary Taylor 22,486 30
Millard Fillmore 21,143 64
Franklin Pierce 19,075 94
James Buchanan 17,457 274
PRES $1 COIN & FIRST SPOUSE MEDAL SETS
Anna Harrison 13,962* 0
Letitia Tyler 9,695* 0
Julia Tyler 10,060 23
Sarah Polk 9,563 29
Margaret Taylor 8,387 37
Abigail Fillmore 8,270 90
Jane Pierce 5,987 91
James Buchanan's Liberty 4,088 251

Related posts:

Facebook Twitter Email

Comments

  1. David C. says:

    The article reads: James Buchanan’s Liberty First Spouse Gold Coin, which sold just 7 uncirculated and negative 29 proof coins.

    BUT

    Sales were the other way around. 7 proof, negative 29 uncirculated.

  2. Thanks, I fixed that sentence.

Speak Your Mind

*