Inaugural Hawaii Volcanoes 5 Ounce Silver Coin Sales Surge

The fall season kicked off with the debut of the numismatic 2012-P Hawaii Volcanoes National Park 5 Ounce Silver Uncirculated Coin. Its inaugural sales reached 9,186 units.

Although lower than weekly sales for the much older and always popular 2012-W Proof Silver Eagle, the Hawaii Volcanoes silver coin overshadowed previous five ounce sales openers.

Released from the U.S. Mint on September 24, the collector Hawaii Volcanoes silver coin impressively drew more initial orders than all three prior 2012-dated five ounce issues. Below is the list with their opening numbers in the first week.

• 2012-P Acadia National Park hit 6,552 in August
• 2012-P Chaco Culture National Historical Park earned 6,365
• 2012-P El Yunque National Forest attained 6,514

Collectors who decided to wait to make their purchases of numismatic America the Beautiful Silver Uncirculated Coins will now have to pay $25 more because silver product sales were halted on Wednesday, October 3, so that the Mint could raise coin prices. The difference between the coins’ melt value and U.S. Mint price had steadily shrunk to the point that triggered the increase. When sales resume, the five ounce silver coins will be $229.95 each.

As for the leader in sales, silver enthusiasts picked up 12,133 of the one ounce 2012-W Proof Silver Eagle coins during the week, which was down from 31,964 in the prior round. It may have been the debut of the five ounce .999 fine silver piece that curbed some activity. Its price is also going up, by $5.

In bullion news, 200 of the investment-grade 2012-P Chaco Culture National Historical Park 5 Ounce Silver Bullion Coins and 30,000 of American Silver Eagle bullion coins were bought at the close of September by the U.S. Mint’s network of Authorized Purchasers since the last report. As for October, either the buying activity has not started yet, or the numbers have not been updated by the Mint, because sales are zero for the month.

The following are the latest United States Mint numismatic product sales:

US Mint Sales: Silver Coin Products for Collectors

	Previous Sales	New Sales	Unit Increase	% Increase	Mintage Limit
2012-S Silver Eagle Two-Coin Set	251,302	251,302	0	0.00%	none
2012 Annual Uncirculated Dollar Coin Set	7,358	8,091	733	9.96%	none
Making American History Coin and Currency Set	40,357	41,545	1,188	2.94%	100,000
2012-W Proof Silver Eagles	733,255	745,388	12,133	1.65%	none
2012-W Uncirculated Silver Eagles	142,266	144,230	1,964	1.38%	none
2011-W Uncirculated Silver Eagles	302,314	303,044	730	0.24%	none
2012 Silver Proof Sets	300,945	304,977	4,032	1.34%	none
2011 Silver Proof Sets	567,141	567,296	155	0.03%	none
Proof Star-Spangled Banner Silver Dollar	105,451	105,714	263	0.25%	500,000
Uncirculated Star-Spangled Banner Silver Dollar	38,298	38,353	55	0.14%
Star-Spangled Banner Two-Coin Set	10,783	10,810	27	0.25%
Star-Spangled Banner Bicentennial Silver Set	28,585	28,733	148	0.52%
Proof Infantry Soldier Silver Dollar	101,245	101,585	340	0.34%	350,000
Uncirculated Infantry Soldier Silver Dollar	41,706	41,966	260	0.62%
Infantry Soldier Silver Dollar Defenders of Freedom Set	44,475	44,574	99	0.22%
2012 America the Beautiful Quarters Silver Proof Set™	127,109	127,595	486	0.38%	none
2011 America the Beautiful Quarters Silver Proof Set™	144,946	145,069	123	0.08%	none
2012-P Hawaii Volcanoes 5 Ounce Uncirculated Silver Coin		9,186	9,186		25,000
2012-P Acadia 5 Ounce Uncirculated Silver Coin	10,560	11,206	646	6.12%	25,000
2012-P Chaco Culture 5 Ounce Uncirculated Silver Coin	10,986	11,332	346	3.15%	25,000
2012-P El Yunque 5 Ounce Uncirculated Silver Coin	13,774	14,113	339	2.46%	25,000
2011-P Gettysburg 5 Ounce Uncirculated Silver Coin	23,598	23,790	192	0.81%	35,000
2011-P Glacier 5 Ounce Uncirculated Silver Coin	19,695	19,819	124	0.63%	35,000
2011-P Olympic 5 Ounce Uncirculated Silver Coin	17,253	17,353	100	0.58%	35,000
2011-P Vicksburg 5 Ounce Uncirculated Silver Coin	17,408	17,525	117	0.67%	35,000
2011-P Chickasaw 5 Ounce Uncirculated Silver Coin	15,666	15,767	101	0.64%	35,000
9/11 Silver Medal – W	105,441	105,545	104	0.10%	2 million
9/11 Silver Medal – P	66,362	66,405	43	0.06%

 

Monday, October 1, is the as of date for the United States Mint numismatic silver coin product sales above.

The Star-Spangled Banner commemorative products are limited to 100,000 gold coins across all applicable product options, which includes the Two-Coin Set, while the silver coin limit is 500,000.

US Mint Sales: 2012 Bullion American Silver Eagle Coin

January*	6,107,000
February	1,490,000
March	2,542,000
April	1,520,000
May	2,875,000
June	2,858,000
July	2,278,000
August	2,870,000
September	3,255,000
October	0
Total	25,795,000

 

*These coin figures include a portion of the 2011-dated Silver Eagle. Wednesday, October 3, is the as of date for bullion Eagles.

US Mint Sales: 2011-2012 America the Beautiful Bullion Silver Coins

Gettysburg	126,700
Glacier	126,700
Olympic	85,900
Vicksburg	39,500
Chickasaw	29,700
El Yunque	17,900
Chaco Culture	17,200
Acadia	18,000
Hawaii Volcanoes	10,400