2008 US Annual Uncirculated Dollar Set Sells Out

It is atypical to talk about a two-year-old-dated US Mint product only selling out now, but that is exactly the case with the 2008 United States Mint Annual Uncirculated Dollar Coin Set.

The Mint set sold out on Thursday, with the most recent sales figures showing that 98,896 were snapped up by Monday, January 25, 2010.

The set was unique in that it included a 2008-W Uncirculated Silver Eagle. After the Mint canceled both numismatic proof and uncirculated 2009 eagles as a consequence of the enormous demand for the bullion variants, the set was the only way to purchase an uncirculated eagle directly from the Mint last year.

Those cancellations were very likely responsible for the longevity of the product, which was released all the way back on August 7, 2008.

The annual sets were being sold for $37.95. The price was a bargain when considering the cost of purchasing a West Point struck eagle by itself, and then adding in the set's other $1 coins:

• 2008-P James Monroe Dollar
• 2008-P Andrew Jackson Dollar
• 2008-P John Quincy Adams Dollar
• 2008-P Martin Van Buren Dollar
• 2008-D Sacagawea Dollar

Collector's who ran the numbers apparently decided to buy more, as sales rallied late after a long period of minimal activity.

A finalized mintage figure for the 2008 Uncirculated Silver Eagles is obviously not yet known, but a closer estimation can now be made. US Mint stats show a revised 436,702 of the silver coins were purchased separately before they sold out on January 23, 2009. After adding in the latest annual set sales figures, there has been AT LEAST 535,598 2008-W Uncirculated Silver Eagles minted.

The level is in the middle of the pact when compared to 2006 and 2007, with their respective mintages of 466,573 and 621,333.

Related Silver or Coin News:

1. 2008-W Silver Eagles Gone, Uncirculated Dollar Sets Left Single 2008-dated silver American Eagles with the "W" mintmark have disappeared from the United States Mint's online store. The proof version sold out many months ago. Its uncirculated sister joined it on Friday. All hope is not lost for collectors still looking to buy one of the coins directly from the Mint, however. The [...]...
2. American Silver Eagle Coins Set 2009 Annual Record at 28.7 Million Anyone who reads the paper or pays attention to the news on the television or the radio can tell you that precious metal demand was extremely high in 2009. Owing to this almost insatiable appetite for silver, the United States Mint revealed record sales of its American Eagle Silver Bullion coins for [...]...
3. US Mint 2009 Annual Report: Silver Coins Revenue Silver coins, while certainly not the main focus of the United States Mint 2009 Annual Report, did figure prominently in many of the sales results shown within its pages. Almost without a doubt, the insatiable appetite for precious metals displayed by investors last year created the biggest impact on US Mint operations. With demand for the [...]...