May 21, 2012

US Mint Sales: Gold Coins in Decline

Following several weeks of strong performance, sales of the United States Mint's numismatic gold products showed a decline across every category, including the 2010 Proof Gold Eagles, 2010 Proof Gold Buffalo, and available First Spouse Gold Coins.

A drop off in sales was expected for the 2010 Proof Gold Eagles, which debuted on last week's report. Newly released US Mint products tend to have their highest sales performance during the opening days. Subsequently, the pace of sales declines, often sharply, until a base level of weekly demand emerges. In the current period, customers ordered 5,215 (1 ounce), 706 (1/2 ounce), 669 (1/4 ounce), 1,593 (1/10 ounce), and 2,840 (4 Coin Sets). The largest drop off in sales compared to the prior week occurred for the 1/10 ounce individual option. On an overall basis, the number of ounces worth of 2010 Proof Gold Eagles sold by the Mint was 11,148 this week, compared to 29,678 for the last report.

The 2010 Proof Gold Buffalo recorded sales of 944 to bring total sales to 37,218. This is the first time weekly sales came in below the 1,000 level since September 12.

Sales of the available First Spouse Gold Coins declined to 539 coins across all options, compared to 683 last week. There was an unusual increase in sales for the uncirculated version of the Margaret Taylor First Spouse Gold coin, which sold 208 for the week. Declines are noted for the James Buchanan's Liberty First Spouse Gold Coin, which sold 100 uncirculated coins and 69 proof coins.

The complete report of US Mint numismatic product sales appears in the table below. Figures are compiled as of October 17, 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 37,218 944
2010 AMERICAN PLATINUM EAGLE PROOF COIN 10,000* 0
2010 AMERICAN GOLD EALGE PROOF COINS
One ounce 19,195 5,215
One-half ounce 2,879 706
One-quarter ounce 3,449 669
One-tenth ounce 8,538 1,593
Four-coin set 9,987 2,840
FIRST SPOUSE GOLD COINS
Margaret Taylor Proof (2009) 4,589 18
Margaret Taylor Uncirculated (2009) 3,302 208
Abigail Fillmore Proof (2010) 5,076 24
Abigail Fillmore Uncirculated (2010) 3,218 68
Jane Pierce Proof (2010) 4,071 31
Jane Pierce Uncirculated (2010) 2,324 21
Buchanan's Liberty Proof (2010) 6,067 100
Buchanan's Liberty Uncirculated (2010) 3,994 69
2010 AMERICAN VETERANS DISABLED FOR LIFE SILVER DOLLAR
Proof 171,094 1,237
Uncirculated 70,606 457
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 713,856 22,415
2010 Presidential $1 Coin Proof Set 463,840 2,772
2010 America the Beautiful Quarters Proof Set 219,838 2,784
2010 SILVER PROOF SETS
2010 U.S. Mint Silver Proof Set 383,908 11,481
2010 America the Beautiful Quarters Silver Proof Set 195,745 2,522
2010 UNCIRCULATED MINT SETS
2010 U.S. Mint Uncirculated Set 443,484 8,524
2010 Presidential $1 Coin Unc Set 70,580 853
2009 PROOF SETS
DC/US Territories Proof Set 623,064 374
DC/US Territories Silver Proof Set 297,326 1,726
2010 NATIVE AMERICAN $1 COIN ROLLS
25-Coin Roll (P) 34,405 401
25-Coin Roll (D) 33,880 310
2010 JAMES BUCHANAN $1 COIN ROLLS
25-coin roll (P) 30,159 294
25-coin roll (D) 30,064 258
2010 FRANKLIN PIERCE $1 COIN ROLLS
25-coin roll (P) 33,375 83
25-coin roll (D) 33,035 80
2010 MILLARD FILLMORE $1 COIN ROLLS
25-coin roll (P) 37,183 64
25-coin roll (D) 35,596 54
2009 ZACHARY TAYLOR $1 COIN ROLLS
25-coin roll (P) 39,038 43
25-coin roll (D) 37,263 26
2009 JAMES K. POLK $1 COIN ROLLS
25-coin roll (P) 41,565 30
25-coin roll (D) 39,964 32
2010 KENNEDY HALF DOLLAR BAGS & ROLLS
200-Coin Bag 7,468 56
Two-roll set 31,588 247
2010 GRAND CANYON QUARTER BAGS & ROLLS
100-coin bag (P) 4,962 210
100-coin bag (D) 4,861 190
Two-Roll Set (80 coin) (P&D) 27,161 859
2010 YOSEMITE QUARTER BAGS & ROLLS
100-coin bag (P) 6,106 64
100-coin bag (D) 5,988 68
Two-Roll Set (80 coin) (P&D) 32,538 376
2010 YELLOWSTONE QUARTER BAGS & ROLLS
100-coin bag (P) 7,448 42
100-coin bag (D) 7,936 48
Two-Roll Set (80 coin) (P&D) 38,333 263
2010 HOT SPRINGS QUARTER BAGS & ROLLS
100-coin bag (P) 9,015 28
100-coin bag (D) 8,386 28
Two-Roll Set (80 coin) (P&D) 43,883 224
2010 LINCOLN TWO-ROLL SETS
Preservation of the Union 157,200 1,220
PRESIDENTIAL DOLLAR COIN COVERS
William Henry Harrison 28,653 28
John Tyler 25,441 23
James K. Polk 23,659 21
Zachary Taylor 22,456 24
Millard Fillmore 21,079 57
Franklin Pierce 18,981 114
James Buchanan 17,183 318
PRES $1 COIN & FIRST SPOUSE MEDAL SETS
Anna Harrison 13,962* 0
Letitia Tyler 9,695* 0
Julia Tyler 10,037 47
Sarah Polk 9,534 33
Margaret Taylor 8,350 35
Abigail Fillmore 8,180 77
Jane Pierce 5,896 119
James Buchanan's Liberty 3,837 301



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