US Mint Sales: Proof Silver Eagles Outperform, Uncirculated Coin Cools

Sales were mixed for the three available versions of American Silver Eagles. Proof Silver Eagles outperformed their sales from the previous round, but demand for the uncirculated coin cooled. Bullion Silver Eagles also weakened.

At the top of the week’s report was the 2011 Proof Silver Eagle with a 3,674 gain, which was a major comeback after falling by -578 in the prior round. The revival can be attributed to the United States Mint resuming its availability just before the weekend, ending a near two-week suspension for repricing.

Continuing the action on the charts was the 2011 Silver Proof Set. Its total was boosted by a 3,450 improvement, and the Gettysburg Five Ounce Uncirculated Silver Coin also got a jolt with a 2,134 surge upon its return. In the previous report, the set only grew by 182 and the five ouncer lost 506 in sales.

Unfortunately, the 2011-W Uncirculated Silver Eagle did not have the same fate. Despite coming back at a lower fare like the proof version, it dived again, and this time by -424. The uncirculated total went from 182,524 previously to 182,100 in this round.

Perhaps the biggest downer, however, was the one-ounce 9/11 Silver Medal from West Point. 1,163 orders have been cancelled or returned, resulting in another retreat just below the 100,000 threshold. Its latest figure rolled back to 99,411. The US Mint has kept its price at $66.95, which makes its premium significant when one ounce of silver on the London Fix has been in the $31 range.

Bullion American Silver Eagles continued to chug along in recent days. The US Mint’s Authorized Purchasers scooped up 868,000 silver coins, moving October’s total up to 1,880,000. The year-to-date tally is resting at 35,2910,500, marking two daily increases in four since a new annual sales record was hit Thursday.

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
2011-W Proof American Silver Eagles	752,103	755,777	3,674	0.49%	none
2011-W Uncirculated American Silver Eagles	182,524	182,100	(424)	-0.23%	none
9/11 Medals – W	100,574	99,411	(1,163)	-1.16%	none
9/11 Medals – P	61,863	61,329	(534)	-0.86%	none
2011-P Gettysburg 5 Ounce Uncirculated Coin	9,043	11,177	2,134	23.60%	11,177 of 35,000
2010-P Mount Hood 5 Ounce Uncirculated Coin	22,422	23,077	655	2.92%	23,077 of 27,000
2010-P Grand Canyon 5 Ounce Uncirculated Coin	27,513	27,444	(69)	-0.25%	27,444 of 27,000
2010-P Yosemite 5 Ounce Uncirculated Coin	27,000	27,000	–	0.00%	27,000 of 27,000
2010-P Yellowstone 5 Ounce Uncirculated Coin	27,000	27,000	–	0.00%	27,000 of 27,000
2010-P Hot Springs 5 Ounce Uncirculated Coin	27,000	27,000	–	0.00%	27,000 of 27,000
2011 Medal of Honor Dollar Proof	98,932	99,505	573	0.58%	139,167 of 500,000
2011 Medal of Honor Dollar Uncirculated	39,505	39,662	157	0.40%
2011 US Army Dollar Proof	110,199	110,696	497	0.45%	152,330 of 500,000
2011 US Army Dollar Uncirculated	41,520	41,634	114	0.27%
2011 US Mint Silver Proof Set	461,766	465,216	3,450	0.75%	none
2010 US Mint Silver Proof Set	573,620	573,966	346	0.06%	none
2011 America the Beautiful Quarters Silver Proof Set™	115,695	116,679	984	0.85%	none
2010 America the Beautiful Quarters Silver Proof Set™	266,904	267,294	390	0.15%	none

 

Tuesday, October 11, is the "as of date" for all the US Mint collector coin sales figures shown above.

 

2011 America the Beautiful Bullion Coins Sales

October	4,800
Year-to-Date Total	388,600

 

Friday, October 7, is the "as of date" for the America the Beautiful bullion coin sales.

US Mint Bullion Coin Sales: 2011 American Silver Eagles

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
September	4,460,500
October	1,662,000
Total	35,291,500

 

Wednesday, October 12, is the "as of date" for bullion American Silver Eagles. *The sales figures include 469,500 of the 2010-dated Silver Eagles sold this year.