US Mint Sales: 2011 Silver Proof Set Tops 400,000; Silver Eagles Near 3 Million

The latest batch of US Mint sales stats includes two new five-ounce silver coins and a notable achievement for the 2011 Silver Proof Set. First, to the set…

Issued on January 25, the 2011 Silver Proof Set topped 400,000 in sales this week by gaining 6,002. The 400,000 level would have been reached earlier had the set not been suspended for several weeks. The US Mint in April halted their sale, along with its other silver sets, as silver prices soared above $40 an ounce and then toward $50. The 2011 Silver Proof Set remained off sale from mid-April until its return in early May. This year’s set has a ways to go before catching last year’s issue, however. Still on sale, the 2010 Silver Proof Set advanced 1,685 and now stands at 564,667.

Most commemorative silver coins slowed, except for the proof Medal of Honor silver dollar. 2,196 were ordered versus 1,153 previously. Demand for the uncirculated, on the other hand, eased with 286 purchased compared to 317. The US Army silver dollars did not fare much better. The proofs rose by 869 and the uncirculated picked up 170. They had increased by 1,169 and 210 in the prior US Mint sales report.

As mentioned, two more five-ounce silver coins were added to the US Mint product line up. The Olympic National Park 5 Ounce Bullion Silver Coin and the Yellowstone National Park 5 Ounce Uncirculated Silver Coin sprung into the limelight.

On Monday this week, about half of the participating Authorized Purchasers ordered the bullion Olympic silver coin. 60,700 out of the 126,700 mintage were claimed. Since the coins are equally allocated during the first week, there was no rush to place orders. If any coins remain, the US Mint will later sell them to the AP’s who want more.

Returning to the collector issue, the Yellowstone 5 Ounce Uncirculated Silver Coin opened Tuesday, May 17 with nearly the same fever as the Hot Springs coin which recently sold out. The new coin’s first day sales reached 18,143 while Hot Springs did a bit more than 19,000 on its first day. By Sunday, Yellowstone’s total moved to 24,626. The mintage limit for the offering is 27,000.

AP’s were able to get their hands on more American Silver Eagle bullion coins. Since Wednesday, May 18, sales of Silver Eagles increased 821,500, bringing their May total to 2,999,000. AP’s need only buy 2,000 more for May to break into the top ten best-ever months for the Silver Eagles.

The following are the latest US Mint coin product sales figures:

US Mint Sales: Numismatic Coins

	Previous Sales	New Sales	Unit Increase	% Increase	Mintage Limit
2010-P Yellowstone Five Ounce Silver Uncirculated Coin	–	24,626	24,626	–	24,626 of 27,000
2010-P Hot Springs Five Ounce Silver Uncirculated Coin	27,000	27,000	–	0.00%	27,000 of 27,000
2011 Medal of Honor Silver Dollar Proof	85,861	88,057	2,196	2.56%	123,041 of 500,000
2011 Medal of Honor Silver Dollar Uncirculated	34,698	34,984	286	0.82%
2011 US Army Silver Dollar Proof	101,215	102,084	869	0.86%	141,426 of 500,000
2011 US Army Silver Dollar Uncirculated	39,172	39,342	170	0.43%
2011 US Mint Silver Proof Set	396,539	402,541	6,002	1.51%	none
2010 US Mint Silver Proof Set	562,982	564,667	1,685	0.30%	none
2011 America the Beautiful Quarters Silver Proof Set™	86,375	89,819	3,444	3.99%	none
2010 America the Beautiful Quarters Silver Proof Set™	252,204	253,121	917	0.36%	none
2010 Proof American Silver Eagles	860,000	860,000	0	0%	none

 

Sunday, May 22, is the "as of date" for all the US Mint collector coin sales figures shown above.

US Mint Sales: 2011 Silver Eagles

January*	6,422,000
February	3,240,000
March	2,767,000
April	2,819,000
May	2,999,000
Total	18,247,000

 

Thursday, May 26, is the "as of date" for the bullion American Silver Eagles. *The sales figures include 469,500 of the 2010-dated Silver Eagles sold this year.

2011 America the Beautiful Bullion Coins Sales

 

Monday, May 23, is the "as of date" for the America the Beautiful Silver Bullion Coins sales.