US Mint Sales: Grand Canyon 5 Oz Officially Sells Out, Silver Coins Ease

It became official Wednesday, August 31, the United States Mint declared the Grand Canyon Five Ounce Silver Uncirculated Coin "sold out." The coin moved to the Mint’s online “No Longer Available” page in the afternoon. The change seemed belated, since more than 27,000 had been ordered. 154 extra sold in the previous round of sales and another 620 were taken in this round, totaling 27,774 in the newest edition of US Mint sales figures. No waiting list was ever announced for the Grand Canyon issue, unlike the multiple warnings made for the previous Yosemite five ounce coin.

As for other silver coins in the US Mint’s line up, only one came out above its previous weekly sales increase, despite the wild ride that silver took in the precious metals market and all the attention that came with it. The 2011 Medal of Honor uncirculated silver dollar erupted by 1,562 compared to its prior gain of 89.

Even the popular 9/11 silver medal sales eased. Collectors took in 437 strikes from West Point, but they let go of 19 strikes from Philadelphia, cutting its total. Those stats followed a 10,377 and a 7,131 advance in the previous report. The odd part was the fact that the silver medals were available all week long, quite opposite of the 2010 silver sets and the 2011 Proof Silver Eagle which had been suspended.

Sales of the 2010 Silver Proof Set and 2010 America the Beautiful Quarters Silver Proof Set were halted on Friday, August 19, and were reinstated on Thursday, August 25. When the sales were tallied as of Monday, August 29, the US Mint had sold 338 of the proof sets and 524 of the quarters proof sets versus earlier respective rises of 373 and 1,374.

Perhaps the suspension of 2011 Proof Silver Eagles effected the US Mint’s revenue the most. The coins were taken off the market on Wednesday, August 24, and resumed on Monday, August 29. The lucky collectors last week who scooped up the Eagles before their price went up by $8.50 per coin managed to get 10,593 of them, compared to 36,981 previously. The Silver Eagle’s price went from $59.95 to $68.45.

Numbers for the 2011 America the Beautiful Five Ounce Silver Bullion Coins were updated in this report. As of Tuesday, August 30, the US Mint sold 17,500 Chickasaw National Recreation Area coins, 28,800 Vicksburg National Military Park coins, and 81,200 Olympic National Park coins. The Gettysburg National Military Park and the Glacier National Park coins already sold out, with 126,700 coin sales each.

The following are the latest US Mint product sales figures:

US Mint Sales: Collector Silver Coins

	Previous Sales	New Sales	Unit Increase	% Increase	Mintage Limit
9/11 Silver Medals – W	95,200	95,637	437	0.46%	152,316 of 2,000,000
9/11 Silver Medals – P	56,698	56,679	(19)	-0.03%
2010-P Mount Hood 5 Ounce Silver Uncirculated Coin	19,342	19,645	303	1.57%	19,645 of 27,000
2010-P Grand Canyon 5 Ounce Silver Uncirculated Coin	27,154	27,774	620	2.28%	27,774 of 27,000
2010-P Yosemite 5 Ounce Silver Uncirculated Coin	27,000	27,000	–	0.00%	27,000 of 27,000
2010-P Yellowstone 5 Ounce Silver Uncirculated Coin	27,000	27,000	–	0.00%	27,000 of 27,000
2010-P Hot Springs 5 Ounce Silver Uncirculated Coin	27,000	27,000	–	0.00%	27,000 of 27,000
2011 Medal of Honor Dollar Proof	96,719	96,950	231	0.24%	135,711 of 500,000
2011 Medal of Honor Dollar Uncirculated	37,199	38,761	1,562	4.20%
2011 US Army Dollar Proof	108,406	108,648	242	0.22%	149,745 of 500,000
2011 US Army Dollar Uncirculated	41,051	41,097	46	0.11%
2011 US Mint Silver Proof Set	448,069	450,242	2,173	0.48%	none
2010 US Mint Silver Proof Set	571,559	571,897	338	0.06%	none
2011 America the Beautiful Quarters Silver Proof Set™	109,632	111,372	1,740	1.59%	none
2010 America the Beautiful Quarters Silver Proof Set™	264,058	264,582	524	0.20%	none
2011 Proof Silver Eagles	716,328	726,921	10,593	1.48%	none
2010 Proof Silver Eagles	860,000	860,000	0	0%	none

 

Monday, August 29, is the "as of date" for all the US Mint collector coin sales figures shown above.

 

2011 America the Beautiful Bullion Coins Sales

Chickasaw	17,500
Vicksburg	28,800
Olympic	81,200
Glacier	126,700
Gettysburg	126,700

 

Tuesday, August 30, is the "as of date" for the America the Beautiful bullion coin sales.

 

US Mint Sales: 2011 Silver Eagles (Bullion Coins)

January*	6,422,000
February	3,240,000
March	2,767,000
April	2,819,000
May	3,653,500
June	3,402,000
July	2,968,000
August	3,679,500
Total	28,951,000

 

Wednesday, August 31, is the "as of date" for the bullion American Silver Eagle. *The sales figures include 469,500 of the 2010-dated Silver Eagles sold this year.