Great Smoky Mountains Silver Bullion Coins Open at 10,500

The wait is over. On Monday, March 17, 2014, the United States Mint launched the first investor-quality 2014 America the Beautiful 5 Ounce Silver Bullion Coin, and demand was strong.

By Tuesday, 10,500 of the Great Smoky Mountains Silver Bullion Coins sold through the Mint’s exclusive network of Authorized Purchasers (APs). These silver coins are not offered directly to the public. Instead, they are distributed by a network of qualifying wholesalers, brokerage companies, precious metal firms, coin dealers and the like. This group buys in bulk from the Mint for a small premium over the spot price of silver and resells the coins to the public.

Investors have been waiting since last November for the next ATB 5 Ounce Silver Bullion Coin. When the Mount Rushmore silver coin launched on November 4, 2013, demand was slightly lower, as reflected in its first day’s total, which hit 6,000. However, the Mount Rushmore coins quickly sold out at 35,000 in its third week of availability. The mintage limit for the new Great Smoky Mountains silver coin has not been announced, although the Mint said they anticipate having enough to fulfill demand.

In collector products, sales soared for the 2014-W Proof American Silver Eagle. The Silver Eagles were the week’s best-selling numismatic product. With an increase of 24,058 new orders, they easily broke the 400,000 sales milestone. Their new total clocked in at 410,103.

In the table below are the latest sales stats for collector silver coins and related products from the U.S. Mint. Sunday, March 16, 2014 is the “as of” date.

US Mint Sales: Silver Coins for Collectors

	Previous Sales	New Sales	Unit Increase	% Increase	Mintage Limit
2014 Proof Civil Rights Act of 1964 Silver Dollars	44,459	45,013	554	1.25%	350,000
2014 Uncirculated Civil Rights Act of 1964 Silver Dollars	18,335	18,602	267	1.46%
Proof 5-Star Generals Silver Dollars	59,291	59,291	0	0.00%	Sold Out
Uncirculated 5-Star Generals Silver Dollars	23,710	23,710	0	0.00%
5-Star Generals 3-Coin Set	9,999	9,999	0	0.00%
5-Star General Profiles Collection	10,929	10,929	0	0.00%
Proof Girl Scouts Silver Dollars	86,353	86,353	0	0.00%	Sold Out
Uncirculated Girl Scouts Silver Dollars	31,714	31,714	0	0.00%
Girl Scouts Young Collectors Set	5,747	5,747	0	0.00%
2013 Theodore Roosevelt Coin and Chronicles Set	8,669	8,817	148	1.71%	none
2013 Limited Edition Silver Proof Set	42,886	44,415	1,529	3.57%	50,000
2014 Congratulations Set	2,095	2,178	83	3.96%	none
2013 Congratulations Set	16,231	16,771	540	3.33%	none
2013-W Silver Eagle Two-Coin Set	235,689	235,689	0	0.00%	Sold Out
2014-W Proof Silver Eagle	386,045	410,103	24,058	6.23%	none
2013-W Proof Silver Eagle	868,494	868,494	0	0.00%	Sold Out
2014 America the Beautiful Quarters Silver Proof Sets	66,269	67,770	1,501	2.27%	none
2013 America the Beautiful Quarters Silver Proof Sets	130,610	130,819	209	0.16%	none
2013 Annual Uncirculated Dollar Coin Sets	33,068	34,399	1,331	4.03%	none
2012 Annual Uncirculated Dollar Coin Sets	28,368	28,368	0	0.00%	Sold Out
Making American History Coin and Currency Sets	60,203	60,203	0	0.00%	Sold Out
2013-W Uncirculated American Silver Eagle	178,941	178,941	0	0.00%	Sold Out
2012-W Uncirculated American Silver Eagle	202,504	202,504	0	0.00%	Sold Out
2013 Silver Proof Sets	419,728	419,730	2	0.00%	Sold Out
2012 Silver Proof Sets	395,443	395,443	0	0.00%	Sold Out
2013-P Mount Rushmore 5 Ounce Silver Coins	23,547	23,547	0	0.00%	Sold Out
2013-P Fort McHenry 5 Ounce Silver Coins	19,802	19,802	0	0.00%	Sold Out
2013-P Great Basin 5 Ounce Silver Coins	17,792	17,792	0	0.00%	Sold Out
2013-P Perry’s Victory 5 Ounce Silver Coins	17,707	17,707	0	0.00%	Sold Out
2013-P White Mountain 5 Ounce Silver Coins	20,530	20,530	0	0.00%	Sold Out

 

Bullion American Silver Eagles advanced 918,500 in the last six days compared to the 1,321,000 added previously. Wednesday, March 19, is the as of sales date for the silver bullion coins shown below.

US Mint Bullion Sales: 2014 American Silver Eagles

January	4,775,000
February	3,750,000
March	3,143,000
2014 Total	11,668,000

 

The US Mint released the first 2014-dated bullion America the Beautiful Silver Coin on Monday, March 17, 2014. Totals for each are below.

US Mint Sales: 2013 – 2014 America the Beautiful Silver Bullion Coins

	Unit Increase	Total Sales
2014 Great Smoky Mountains Silver Bullion Coins	10,500	10,500
2014 Shenandoah Silver Coins	Coming Soon	N/A
2014 Arches Silver Coins
2014 Great Sand Dunes Silver Coins
2014 Everglades Silver Coins
2013 White Mountain Silver Coins	Sold Out	35,000
2013 Perry’s Victory Silver Coins		30,000
2013 Great Basin Silver Coins		30,000
2013 Fort McHenry Silver Coins		30,000
2013 Mount Rushmore Silver Coins		35,000