US Mint Sales: 2010 American Silver Eagles Break Record

Demand during the last several days has declined for all United States Mint silver products, according to the latest sales stats.

Still, investors and collectors this month have given more than enough attention to the newly released bullion 2010 American Silver Eagle coins. January sales are at an all-time, record-smashing high.

3,225,000 of the 2010-dated bullion silver coins have been sold as of today. Combined with the 2009-dated sales of 367,500 from earlier this month, US Mint authorized buyers have now purchased a total of 3,592,500 Silver Eagle coins — the most ever in a January, dating way back to the series launch in 1986. That, in spite of sliding silver prices, rationing and a week of unavailability between the time the 2009s sold out and the 2010s became available.

For a perspective of how significant the numbers are, only one January (2008) has ever had more than two million eagles sold, which is a far cry from this month’s already 3.5M+. More on this topic may be read from an article published earlier this week on parent site CoinNews.net entitled US Mint Silver Eagle Sales Top 3 Million, Best Ever January.

The Mint’s numismatic, or collector products all slowed, as the below table shows. Only two 2009-dated products remain, and the Mint is still offering the 2008-dated Annual Uncirculated $1 Set. Numismatic action looks to be slow until more 2010 coins are available. (See the US Mint 2010 Silver Coin Schedule.)

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	650,453	652,964	2,511	0.39%	none
2009 Quarters Silver Proof Set	269,152	269,908	756	0.28%	none
2008 Annual Uncirculated Dollar Coin Set	98,018	98,896	878	0.90%	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. Monday, Jan. 25, is the "as of date" for the US Mint collector coin sales figures shown above.

Silver Eagle Bullion Coin Sales in January 2010

Jan 6	Jan 13	Jan 20	Jan 27
131,000	367,500	2,847,500	3,592,500

 

2010-dated bullion Silver Eagles went on sale Tuesday, Jan. 19. No announcement has been made for the numismatic proof and uncirculated versions.