2012 American Silver Eagle Two Coin Set Final Sales

United States Mint sales of the 2012 American Silver Eagle Two Coin Set from San Francisco ended after being available for four weeks.

The Two Coin Set went on sale June 7, 2012 and was sold by the U.S. Mint through 5 PM ET on Thursday, July 5, 2012. It closed with orders totaling 251,302.

Update: The U.S. Mint on December 6, 2012 provided a final unaudited sales total for the set of 224,981. For background, read this Silver Coins Today article.

Collectors closely watched sales in the final few days to get a sense of where its mintage would end. Unlike similar releases in the past, the Mint did not establish a maximum mintage cap but instead accepted orders for four weeks with the intent to fill all valid purchases received during that period.

This was a markedly different approach from the similar 25th Anniversary Silver Eagle Set issued last year. That set had a mintage of 100,000 and sold out within hours. Some potential buyers were unable to place their orders because of ordering difficulties on the Mint’s website and telephone ordering system.

In an apparent move to insure those issues were not repeated, the U.S. Mint in this latest release opted to utilize the limited four week ordering period. With that procedure in place, many expected a sales surge on the final day. "Sales odometer" updates on the Mint’s 2012 American Silver Eagle Two Coin Set product page offered approximate sales on week-days around 3PM.

While sales were higher during the last few days, those expecting a last minute surge would be proved wrong. With a mintage of 250,738 apparent in the closing hours, collectors added just 564 units. In comparison, the first day of sales saw 85,341 ordered. Four other days during the set’s availability window had sales over 16,000, with three of them occurring toward the end.

A complete list of daily sales is shown below:

U.S. Mint Reported Sales of 2012 American Silver Eagle Two Coin Set

	Sales Total Reported By Day
June 7, 2012	Released
June 8, 2012	85,341
June 9, 2012	Weekend
June 10, 2012
June 11, 2012	115,059
June 12, 2012	121,304
June 13, 2012	125,371
June 14, 2012	128,540
June 15, 2012	131,512
June 16, 2012	Weekend
June 17, 2012
June 18, 2012	135,468
June 19, 2012	136,678
June 20, 2012	138,863
June 21, 2012	141,892
June 22, 2012	145,173
June 23, 2012	Weekend
June 24, 2012
June 25, 2012	152,047
June 26, 2012	156,569
June 27, 2012	162,581
June 28, 2012	166,836
June 29, 2012	175,588
June 30, 2012	Weekend
July 1, 2012
July 2, 2012	201,059
July 3, 2012	217,351
July 4, 2012	245,131
July 5, 2012	250,738
July 6, 2012	251,302

 

It should be noted that these are un-audited sales figures from the U.S. Mint. The final mintage is expected to change as cancelled or invalid orders along with customer returns lower the total. Some valid orders may also be added to the final number as mail orders sent in the final days are added. (This article will be updated with any published changes.)

The 2012 American Silver Eagle Two Coin Set contains two proof quality Silver Eagles struck at the U.S. Mint’s facility in San Francisco. One features a standard proof finish with the other showcasing a reverse proof finish.

Shipments of the Two Coin Sets from San Francisco are expected to begin on or about July 27, 2012. They will continue on a first ordered, first shipped basis through approximately mid-October.

For information, sales and mintages on other coins in the series since 1986, visit our sister site about American Silver Eagles.