US Mint Sales: 2009 Silver Eagles Peak, Collector Coins Weak

The latest United States Mint sales report shows robust 2009 Silver Eagle bullion figures, but weakening numismatic silver coin demand.

The bullion Silver Eagles just came off their most recent suspension on Dec. 7. Since then, and despite their allocated or rationed distribution, the US Mint has sold 2,687,500 to their small group of authorized dealers, marking the second best December for Silver Eagles since they were launched in 1986. Another 281,500 more were purchased in the last seven days, bringing the annual record high to 28,680,500.

Action was significantly weaker on the numismatic front. Given the Christmas break and the fact that just two 2009-dated silver products are available at the Mint, slower sales should be expected. Even the Silver Proof Set which tends to have weekly increase of above 10,000 mustered only 6,465. Until 2010 coins begin to appear, the weekly sales report for collector coins will lack much excitement.

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	628,289	634,754	6,465	1.03%	none
2009 Quarters Silver Proof Set	264,169	265,559	1,390	0.53%	none
2008 Annual Uncirculated Dollar Coin Set	93,756	94,565	809	0.86%	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, Dec. 27, is the "as of date" for the US Mint collector coin sales figures shown above.

2009 Silver Eagle Bullion Coin Sales in December

Dec 2	Dec 9	Dec 16	Dec 23	Dec 30
0	1,052,500	1,790,000	2,406,000	2,687,500

 

In related news, also check out the preliminary 2010 Silver Product Schedule from the United States Mint.