During the period covered by the latest weekly US Mint numismatic sales report, there were a number of products that experienced suspensions, price increases, or sell outs. Much of this activity was driven by higher precious metals prices.
The rising price of silver has led to suspensions for more US Mint numismatic products containing 90% silver coins. On April 8, the US Mint suspended sales of the 2010 Silver Proof Set and 2010 America the Beautiful Quarters Silver Proof Set. Yesterday, on April 18, suspensions of the 2011 Silver Proof Set and 2011 ATB Silver Proof Set followed. The prices for these products had been established about a month ago when silver was $35 per ounce. With silver now above $43 per ounce, the intrinsic value of the products was approaching the US Mint’s issue price.
New higher prices for these products must be established through a process involving publication in the Federal Register, which can take several weeks to accomplish. If the price of silver continues to move quickly, there may be extended or additional suspensions, which will impact the overall sales levels.
The US Mint has a separate pricing policy applicable for certain numismatic gold and platinum products that allows price changes to be implemented on a weekly basis. On April 14, this policy was used to increase the prices for the 2010 Proof Gold Buffalo and remaining 2010 First Spouse Gold Coins. Since these pricing changes can be anticipated in advance, collectors may have accelerated purchases in the last sales period, accounting for generally lower sales figures in the current period.
Recently sold out products include the uncirculated version of the James Buchanan’s Liberty Gold Coin and the Hot Springs National Park Quarter numismatic bags and rolls. The former is the fifth of the 2010-dated First Spouse coins to sell out. The end of sales for the Hot Springs Quarter products was expected. For the ATB Quarter bags and rolls, the US Mint indicates that sales will continue for one year from the start of sales.
The complete report of US Mint numismatic product sales appears below. The figures are compiled through April 17, 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. Figures followed by an asterisk (*) are no longer available for sale from the United States Mint. Figures in bold make their debut on this report. Currently available US Mint products can be found online at http://catalog.usmint.gov/
| Product | Sales | Change |
| 2010 AMERICAN BUFFALO GOLD PROOF COIN | 48,278 | 174 |
| 2011 ARMY COMMEMORATIVE COINS | ||
| $5 Gold Proof | 14,332 | 88 |
| $5 Gold Uncirculated | 5,540 | 39 |
| $1 Silver Proof | 94,530 | 1,359 |
| $1 Silver Uncirculated | 37,178 | 244 |
| 50 Cent Clad Proof | 56,095 | 443 |
| 50 Cent Clad Uncirculated | 33,262 | 194 |
| 2011 MEDAL OF HONOR COMMEMORATIVE COINS | ||
| $5 Gold Proof | 11,909 | 188 |
| $5 Gold Uncirculated | 4,739 | 72 |
| $1 Silver Proof | 74,851 | 1,966 |
| $1 Silver Uncirculated | 30,948 | 538 |
| FIRST SPOUSE GOLD COINS | ||
| Abigail Fillmore Proof (2010) | 6,003 | 30 |
| 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) | 5,354* | (10) |
| Mary Todd Lincoln Proof (2010) | 5,880 | 58 |
| Mary Todd Lincoln Uncirculated (2010) | 3,357 | 101 |
| 2011 PROOF SETS | ||
| 2011 U.S. Mint Proof Set | 664,984 | 12,430 |
| 2011 Presidential $1 Coin Proof Set | 187,402 | 2,494 |
| 2011 America the Beautiful Quarters Proof Set | 71,923 | 2,749 |
| 2011 SILVER PROOF SETS | ||
| 2011 U.S. Mint Silver Proof Set | 384,124 | 10,447 |
| 2011 UNCIRCULATED MINT SETS | ||
| 2011 U.S. Mint Uncirculated Set | 326,337 | 30,791 |
| 2010 PROOF SETS | ||
| 2010 U.S. Mint Proof Set | 1,079,676 | 924 |
| 2010 Presidential $1 Coin Proof Set | 524,371 | 353 |
| 2010 America the Beautiful Quarters Proof Set | 264,806 | 421 |
| 2010 SILVER PROOF SETS | ||
| 2010 U.S. Mint Silver Proof Set | 561,472 | 266 |
| 2010 America the Beautiful Quarters Silver Proof Set | 250,403 | 559 |
| 2010 UNCIRCULATED MINT SETS | ||
| 2010 U.S. Mint Uncirculated Set | 568,983 | 630 |
| 2010 Presidential $1 Coin Unc Set | 95,254 | 147 |
| 2010 America the Beautiful Quarters | 24,707 | 154 |
| 2010 CIRCULATING COIN SETS | ||
| 2010 America the Beautiful Quarters | 15,938 | 118 |
| 2011 NATIVE AMERICAN $1 COIN ROLLS | ||
| 25-Coin Roll (P) | 11,952 | 685 |
| 25-Coin Roll (D) | 11,776 | 731 |
| 2010 NATIVE AMERICAN $1 COIN ROLLS | ||
| 25-Coin Roll (P) | 39,134* | 0 |
| 25-Coin Roll (D) | 38,880* | (18) |
| 2011 ANDREW JOHNSON $1 COIN ROLLS | ||
| 25-coin roll (P) | 27,367 | 277 |
| 25-coin roll (D) | 26,448 | 242 |
| 2010 ABRAHAM LINCOLN $1 COIN ROLLS | ||
| 25-coin roll (P) | 48,437 | 189 |
| 25-coin roll (D) | 47,861 | 73 |
| 2010 JAMES BUCHANAN $1 COIN ROLLS | ||
| 25-coin roll (P) | 33,747 | 34 |
| 25-coin roll (D) | 33,194 | 31 |
| 2010 FRANKLIN PIERCE $1 COIN ROLLS | ||
| 25-coin roll (P) | 35,484 | 23 |
| 25-coin roll (D) | 34,756 | 17 |
| 2009 ZACHARY TAYLOR $1 COIN ROLLS | ||
| 25-coin roll (P) | 40,015 | 17 |
| 25-coin roll (D) | 38,147 | 13 |
| 2009 JAMES K. POLK $1 COIN ROLLS | ||
| 25-coin roll (P) | 42,476 | 17 |
| 25-coin roll (D) | 40,777 | 16 |
| 2011 KENNEDY HALF DOLLAR BAGS & ROLLS | ||
| 200-Coin Bag | 3,615 | 127 |
| Two-roll set | 15,123 | 345 |
| 2011 GLACIER QUARTER BAGS & ROLLS | ||
| 100-coin bag (P) | 2,884 | 187 |
| 100-coin bag (D) | 2,835 | 180 |
| Two-Roll Set (80 coin) (P&D) | 21,029 | 1,102 |
| 2011 GETTYSBURG QUARTER BAGS & ROLLS | ||
| 100-coin bag (P) | 4,275 | 24 |
| 100-coin bag (D) | 4,140 | 25 |
| Two-Roll Set (80 coin) (P&D) | 28,331 | 276 |
| 2010 MOUNT HOOD QUARTER BAGS & ROLLS | ||
| 100-coin bag (P) | 5,912 | 17 |
| 100-coin bag (D) | 5,677 | 15 |
| Two-Roll Set (80 coin) (P&D) | 32,234 | 76 |
| 2010 GRAND CANYON QUARTER BAGS & ROLLS | ||
| 100-coin bag (P) | 6,474 | 12 |
| 100-coin bag (D) | 6,812 | 12 |
| Two-Roll Set (80 coin) (P&D) | 34,109 | 66 |
| 2010 YOSEMITE QUARTER BAGS & ROLLS | ||
| 100-coin bag (P) | 7,048 | 11 |
| 100-coin bag (D) | 7,092 | 14 |
| Two-Roll Set (80 coin) (P&D) | 36,697 | 51 |
| 2010 YELLOWSTONE QUARTER BAGS & ROLLS | ||
| 100-coin bag (P) | 8,240 | 11 |
| 100-coin bag (D) | 8,714 | 13 |
| Two-Roll Set (80 coin) (P&D) | 41,821 | 45 |
| 2010 HOT SPRINGS QUARTER BAGS & ROLLS | ||
| 100-coin bag (P) | 9,667* | 7 |
| 100-coin bag (D) | 9,006* | 9 |
| Two-Roll Set (80 coin) (P&D) | 46,790* | 41 |
| 2010 LINCOLN TWO-ROLL SETS | ||
| Preservation of the Union | 174,845 | 201 |
| PRESIDENTIAL DOLLAR COIN COVERS | ||
| William Henry Harrison | 29,374 | 25 |
| John Tyler | 26,147 | 22 |
| James K. Polk | 24,364 | 19 |
| Zachary Taylor | 23,328 | 21 |
| Millard Fillmore | 22,227 | 26 |
| Franklin Pierce | 20,554 | 24 |
| James Buchanan | 19,102 | 33 |
| Abraham Lincoln | 29,738 | 205 |
| Andrew Johnson | 16,142 | 127 |
| PRES $1 COIN & FIRST SPOUSE MEDAL SETS | ||
| Abigail Fillmore | 9,379 | 10 |
| Jane Pierce | 7,245 | 8 |
| James Buchanan’s Liberty | 6,598 | 12 |
| Mary Todd Lincoln | 11,863 | 99 |
| AMERICA THE BEAUTIFUL QUARTER 3 COIN SETS | ||
| Hot Springs National Park | 17,456 | 223 |
| Yellowstone National Park | 17,280 | 258 |
| Yosemite National Park | 14,835 | 384 |
| Grand Canyon National Park | 12,418 | 12,418 |
The title on this week’s post should have ended with “Oh my!” 🙂
I do not see the figures for the “2011 America the Beautiful Quarters Silver Proof Set”. They started selling on 4/1 and
just curious how many sold before they stopped sales on the 18th.
Short window.
I haven’t received any figures on this product. I will see if I can get some and post here if successful.