2016 US Mint Silver Proof Set Nears 240,000 in Sales

August 5, 2016 by · Leave a Comment 

The 2016 Silver Proof Set continued its reign as the silver product leader. Buyers scooped up 4,105 of them, the most in three weeks, causing the set’s overall number to climb to 239,067.

2016 Silver Proof Set

[Shown: Packaging, protective lenses and coins of the 2016 Proof Set]

More buying activity is expected in the coming weeks due to long-awaited new releases. The U.S. Mint announced its 2016-W American Eagle Silver Proof Coin will debut on September 16. The annual staple in the Mint’s line-up is easily one of the world’s most popular coin products.

New products hitting the market sooner, on August 23, are the 2016 American Liberty Silver Medals. Their release announcement was also made this week. These medals feature the same designs that are on the 2015 $100 American Liberty High Relief Gold Coin. Two options will be available: one minted in San Francisco and another at West Point. Beyond their mint mark, the two medals will be identical, composed of one ounce of 99.9% pure silver and produced in with a proof finish.

On the investment side, with bullion American Silver Eagle sales slowing to a crawl compared to previous months, the 2016-dated coins are no longer on pace to beat the record sales that was set in 2015. Just 75,000 coins have been ordered this month by the U.S. Mint’s network of authorized purchasers, which put 2016’s new total at 27,695,500 coins. That is 2.4% lower than sales through the same time last year.

The table below shows the latest sales stats for collector coins and related silver products from the U.S. Mint. Sunday, July 31, is the as of date for the standard collectibles and Friday, August 5, is the as of date for the bullion products.

US Mint Sales: Silver Coins for Collectors

Previous Sales New Sales Unit Increase % Increase Mintage Limit
2016 Proof NPS Silver Dollar 47,292 48,574 1,282 2.71% 500,000
2016 Uncirculated NPS Silver Dollar 16,635 16,787 152 0.91%
2016 NPS Three-Coin Proof Set 12,022 12,103 81 0.67%
2016 Proof Mark Twain Silver Coins 67,687 68,639 952 1.41% 350,000
2016 Uncirculated Mark Twain Silver Coins 23,652 23,720 68 0.29%
50th Anniversary Kennedy Half-Dollar Silver Coin Collection 221,134 221,134 0 0.00% 225,000
2015 Congratulations Set 7,895 7,895 0 0.00% Sold Out
2015-W Proof Silver Eagles 699,623 699,623 0 0.00% Sold Out
2016 America the Beautiful Quarters Silver Proof Sets 73,028 73,471 443 0.61% none
2015 America the Beautiful Quarters Silver Proof Sets 100,950 101,024 74 0.07% none
2015 Annual Uncirculated Dollar Coin Sets 22,691 22,691 0 0.00% Sold Out
2015-W Uncirculated Silver Eagle 201,188 201,188 0 0.00% Sold Out
2016 Silver Proof Sets 234,962 239,067 4,105 1.75% none
2015 Silver Proof Sets 376,808 377,109 301 0.08% none
2016-P Harpers Ferry 5 Ounce Silver Coins 16,044 16,542 498 3.10% 30,000
2016-P Cumberland Gap 5 Ounce Silver Coins 17,076 17,192 116 0.68% 30,000
2016-P Shawnee 5 Ounce Silver Coins 18,217 18,306 89 0.49% 30,000
2015-P Saratoga 5 Ounce Silver Coins 17,563 17,563 0 0.00% Sold Out
2015-P Bombay Hook 5 Ounce Silver Coins 17,309 17,309 0 0.00% Sold Out
2015-P Blue Ridge 5 Ounce Silver Coins 17,461 17,461 0 0.00% Sold Out
2015-P Kisatchie 5 Ounce Silver Coins 19,449 19,449 0 0.00% Sold Out
2015-P Homestead 5 Ounce Silver Coins 21,286 21,286 0 0.00% 30,000

 

US Mint Bullion Sales: 2016 American Eagle Silver Coins

January 5,954,500
February 4,782,000
March 4,106,000
April 4,072,000
May 4,498,500
June 2,837,500
July 1,370,000
August 75,000
September
October
November
December
2016 Total 27,695,500

 

US Mint Sales: 2015 – 2016 America the Beautiful Silver Bullion Coins

  Unit Increase Total Sales
2016 Shawnee Silver Bullion Coins Sold Out 105,000
2016 Cumberland Gap Silver Bullion Coins Sold Out 75,000
2016 Harpers Ferry Silver Bullion Coins 0 34,200
2016 Theodore Roosevelt Silver Bullion Coins N/A
2016 Fort Moultrie Silver Bullion Coins
2015 Homestead Silver Coins Sold Out 35,000
2015 Kisatchie Silver Coins 42,000
2015 Blue Ridge Silver Coins 45,000
2015 Bombay Hook Silver Coins 45,000
2015 Saratoga Silver Coins 45,000

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