May 21, 2012

US Mint Sales: 2011 Mint Set Debuts

The latest United States Mint numismatic sales reports features the debut of another new product, the 2011 Uncirculated Mint Set. Meanwhile, the proof version of the 2009 James Buchanan's Liberty Gold Coin has sold out, representing an unexpected development for the current gold offerings.

Sales of the 2011 Mint Set began on February 8, 2011, about five months earlier than last year's comparable product. This year's set includes a total of 28 coins from the Philadelphia and Denver Mints. Instead of the satin finish used in recent years, the coins included in the set feature a brilliant finish.

Through the sales reporting date of February 13, 2011, the US Mint has sold 191,391 of the 2011 Mint Sets. This is a decline of about 5% from the debut figure for last year's set. It also compares to opening sales of 253,144 for the 2011 Proof Set and 209,367 for the 2011 Silver Proof Set.

As mentioned, the James Buchanan's Liberty First Spouse Gold Coin sold out during the weekly period. This was somewhat unexpected since total sales still had a ways to go before reaching the maximum mintage. Apparently the US Mint under produced the coin based on demand forecasts. The uncirculated version of the coin remains available for sale.

The recently released Army Commemorative Coins saw the pace of sales slow from last week. Typically, US Mint products experience their strongest sales in the week of release, after which point the pace of sales slows considerably. In the past week, the $5 gold coins sold 2,866, the silver dollars sold 20,061, and the half dollars sold 13,593, across proof and uncirculated versions.

The complete US Mint numismatic product sales report appears below. Figures are compiled through February 13, 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. Lines which appear in bold represent products which have debuted on this report. Figures which are followed by an asterisk (*) are no longer available for sale from the United States Mint. Currently available US Mint products can be found online at http://catalog.usmint.gov/

Product Sales Change
2010 AMERICAN BUFFALO GOLD PROOF COIN 45,580 342
2011 ARMY COMMEMORATIVE COINS
$5 Gold Proof 9,969 2,108
$5 Gold Uncirculated 3,803 758
$1 Silver Proof 61,436 14,541
$1 Silver Uncirculated 26,218 5,520
.50 Cent Clad Proof 39,463 9,301
.50 Cent Clad Uncirculated 23,820 4,292
FIRST SPOUSE GOLD COINS
Abigail Fillmore Proof (2010) 5,596 14
Abigail Fillmore Uncirculated (2010) 3,366 31
Jane Pierce Proof (2010) 4,677 22
Jane Pierce Uncirculated (2010) 2,995 131
Buchanan's Liberty Proof (2010) 7,314* (3)
Buchanan's Liberty Uncirculated (2010) 4,574 113
Mary Todd Lincoln Proof (2010) 5,239 45
Mary Todd Lincoln Uncirculated (2010) 2,559 27
2011 PROOF SETS
2011 U.S. Mint Proof Set 395,069 73,789
2011 SILVER PROOF SETS
2011 U.S. Mint Silver Proof Set 257,148 24,630
2011 UNCIRCULATED MINT SETS
2011 U.S. Mint Uncirculated Set 191,391 191,391
2010 PROOF SETS
2010 U.S. Mint Proof Set 1,060,329 0
2010 Presidential $1 Coin Proof Set 519,553 1,456
2010 America the Beautiful Quarters Proof Set 259,863 818
2010 SILVER PROOF SETS
2010 U.S. Mint Silver Proof Set 535,838 3,532
2010 America the Beautiful Quarters Silver Proof Set 236,683 1,162
2010 UNCIRCULATED MINT SETS
2010 U.S. Mint Uncirculated Set 561,035 1,861
2010 Presidential $1 Coin Unc Set 93,132 350
2010 America the Beautiful Quarters 22,628 427
2010 CIRCULATING COIN SETS
2010 America the Beautiful Quarters 14,381 299
2010 NATIVE AMERICAN $1 COIN ROLLS
25-Coin Roll (P) 38,509 333
25-Coin Roll (D) 38,190 225
2010 ABRAHAM LINCOLN $1 COIN ROLLS
25-coin roll (P) 46,665 410
25-coin roll (D) 46,381 282
2010 JAMES BUCHANAN $1 COIN ROLLS
25-coin roll (P) 33,283 105
25-coin roll (D) 32,795 100
2010 FRANKLIN PIERCE $1 COIN ROLLS
25-coin roll (P) 35,146 59
25-coin roll (D) 34,480 59
2010 MILLARD FILLMORE $1 COIN ROLLS
25-coin roll (P) 38,338 28
25-coin roll (D) 36,572 35
2009 ZACHARY TAYLOR $1 COIN ROLLS
25-coin roll (P) 39,782 17
25-coin roll (D) 37,929 24
2009 JAMES K. POLK $1 COIN ROLLS
25-coin roll (P) 42,270 18
25-coin roll (D) 40,569 25
2010 KENNEDY HALF DOLLAR BAGS & ROLLS
200-Coin Bag 8,846* 0
Two-roll set 35,887* 549
2011 GETTYSBURG QUARTER BAGS & ROLLS
100-coin bag (P) 3,832 198
100-coin bag (D) 3,749 192
Two-Roll Set (80 coin) (P&D) 24,485 1,312
2010 MOUNT HOOD QUARTER BAGS & ROLLS
100-coin bag (P) 5,738 24
100-coin bag (D) 5,494 24
Two-Roll Set (80 coin) (P&D) 31,301 200
2010 GRAND CANYON QUARTER BAGS & ROLLS
100-coin bag (P) 6,308 33
100-coin bag (D) 6,649 31
Two-Roll Set (80 coin) (P&D) 33,382 135
2010 YOSEMITE QUARTER BAGS & ROLLS
100-coin bag (P) 6,912 21
100-coin bag (D) 6,959 30
Two-Roll Set (80 coin) (P&D) 36,040 103
2010 YELLOWSTONE QUARTER BAGS & ROLLS
100-coin bag (P) 8,082 25
100-coin bag (D) 8,568 18
Two-Roll Set (80 coin) (P&D) 41,193 106
2010 HOT SPRINGS QUARTER BAGS & ROLLS
100-coin bag (P) 9,548 16
100-coin bag (D) 8,881 22
Two-Roll Set (80 coin) (P&D) 46,284 92
2010 LINCOLN TWO-ROLL SETS
Preservation of the Union 172,202 378
PRESIDENTIAL DOLLAR COIN COVERS
William Henry Harrison 29,181 25
John Tyler 25,976 31
James K. Polk 24,196 31
Zachary Taylor 23,130 37
Millard Fillmore 22,037 30
Franklin Pierce 20,349 50
James Buchanan 18,786 67
Abraham Lincoln 28,952 459
PRES $1 COIN & FIRST SPOUSE MEDAL SETS
Abigail Fillmore 9,244 40
Jane Pierce 7,097 47
James Buchanan's Liberty 6,367 66
Mary Todd Lincoln 10,681 310
AMERICA THE BEAUTIFUL QUARTER 3 COIN SETS
Hot Springs National Park 16,001 185
Yellowstone National Park 15,485 694

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Comments

  1. Clair Hardesty says:

    I just received my 2011 Uncirculated Coin Set and my worst fears have been realized. The mint has simply stopped making the satin finish and switched to a brilliant finish for the coins. In all other aspects the coins are SMS coins. They are far better than the average circulation strikes and the mint has left us with no way to distinguish MS67 & MS68 circulation strikes from average SMS coins. This utterly destroys the value of high grade circulation strikes. I went back and checked my 2004 and prior uncirculated sets and those coins look like they were pulled from circulation strike production. They are possibly a small notch above the average coins that make it into rolls and bags but not by much. The 2011 coins are far and away SMS strike coins but once removed from the plastic they cannot be distinguished from circulation strikes by any measure other than grade and that is not enough. Finding an MS68 or even MS69 circulation strike coin used to be something special but from now on such finds, even though they will still be quite rare, will be worthless. Thanks a lot (NOT) mint.

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