Silver Coins Rise in First 2010 US Mint Sales Report

The first United States Mint numismatic product sales report in 2010 shows rising demand for silver coins, despite a holiday shortened week. The increases break a three-week trend of softening sales, with the latest levels nearing those that were last seen toward the middle of December.

The 2009 Silver Proof Set enjoyed the most collector attention. Weekly numbers increased by 7,021 compared to the prior pick up of 6,465. The US Mint has sold 641,775 of the 18-coin sets since they were launched on July 17 for $52.95.

US Mint authorized purchasers scooped up another 217,000 of the 2009-dated American Silver Eagle Bullion Coins during the last seven days (131,000 since Jan. 1), bringing the total sold since last year to 28,897,500. The eagles are being rationed due to a shortage of inventory, which means weekly sales increases do not dictate true demand. Still, Silver Eagle Sales in December came in as the fourth best month in 2009, and ranked as the second best December ever. Demand is obviously strong.

Most of the 2009 silver coin products are either sold out or no longer available, as the following tables of sales highlights.

US Mint Collector Silver Coins Sales

(Sales compare previous to current Mint figures)

	Previous Sales	New Sales	Unit Increase	% Increase	Mintage Limit
2009 Lincoln Silver Proof*	325,000	0	0	0.00%	500,000
2009 Lincoln Silver Uncirculated*	125,000	0	0	0.00%
Lincoln Coin and Chronicles Set*	50,000	0	0	0.00%
2009 Braille Silver Proof*	135,235	0	0	0.00%	400,000
2009 Braille Silver Uncirculated*	48,863	0	0	0.00%
Braille Uncirculated in Easy-Open Capsule*	23,078	0	0	0.00%
Braille Education Set*	10,698	0	0	0.00%
2009 US Mint Silver Proof Set	634,754	641,775	7,021	1.11%	none
2009 Quarters Silver Proof Set	265,559	267,352	1,793	0.68%	none
2008 Annual Uncirculated Dollar Coin Set	94,565	95,786	1,221	1.29%	none
2008 American Eagle Silver Dollar Proof*	713,353	713,353	0	0.00%	none
2008 American Eagle Silver Dollar Uncirculated*	444,558	444,558	0	0.00%	none

 

*Silver coin products with an asterisk are no longer available. Prior year products are listed until replaced by the new year offering, or for reference. Sunday, Jan. 3, is the "as of date" for the US Mint collector coin sales figures shown above.

2009-Dated Silver Eagle Bullion Coin Sales in Jan 2010

Jan 6	Jan 13	Jan 20	Jan 27
131,000	–	–	–

 

As a reminder, 2010-dated bullion Silver Eagles will go on sale Jan. 19. No announcement has been made for the numismatic proof and uncirculated versions.

For an overview of new commemoratives for this year, read US 2010 Silver Coins.