Collectors continued to go for coin sets, as most of them and a few First Spouse coins pull ahead in the latest United States Mint sales report. In the bullion market, gold coin sales slowed for the most part while silver sales chugged onward.
September turned out to be the slowest month of the year so far for American Silver Eagle bullion coins. Less than 2 million were purchased — 1,880,000 was the total. Perhaps it was the fury about the Proof American Silver Eagles that caused sales to wane, or just the time of the year which typically slows and then picks right back up again in November and December.
As for October's start, authorized purchasers took 515,000 in the first five days. The year-to-date total crept up to 25,995,500 and remains 2,771,000 away from matching 2009's stellar silver record.
Bullion 22 karat American Gold Eagle one ounce coins added another 15,500 to their year-to-date total, bringing it to 898,500. The only fractional gold to climb was the 1/4 ounce. It advanced by 2,000 coins.
The James Buchanan $1 Coin Cover was one of the highlights of the week. It debuted on Thursday, September 30, and by Sunday, October 3, collectors swiftly removed 16,220 from the Mint's inventory. With that, the Buchanan Cover started slightly behind the Pierce Covers, which debuted on July 1 at 16,688. Still, Buchanan's product met half its maximum production limit of 32,000 units.
As mentioned in the opening, collector sets continued to demand attention, especially the 2010 Proof Set. An additional 43,779 sold, after 39,348 sold the prior week. This brought the total to 659,716. It marked the third week over week improvement.
The 2010 Mint Uncirculated Set tally leaped by 14,690, up from 14,210 previously. America the Beautiful Quarters Proof Sets also improved over the last week by gaining 6,611 compared to 5,754.
Proof Disabled American Veterans commemorative coins eased a bit but remained strong. 2,923 proofs and 921 uncirculated left Mint shelves, after 3,634 and 993 went in the last round.
In the 24-karat gold collector arena, proof American Buffalo coin demand dipped compared to the last report, but not by much. 1,459 coins old versus 1,755 previously, which meant last week's announcement that the bullion version sold out did not boost greater sales. As for First Spouse Gold Coins, 3 out of 8 available spouse options were improved, contributing to an overall gain of 22 more sold coins than the previous round.
Several new offerings that should debut strong in next week's report are the highly anticipated 2010 American Gold Eagle Proofs, hitting the market this week at noon ET on October 7. Although their prices will be high, the price of gold has formed a habit of setting new records for the year. And the lack of 2009 American Gold Eagle Proofs may drive demand. In addition, the Mint has already announced that the American Eagle Gold Uncirculated Coins will not be available this year. The coin options that begin this week on Thursday are the proof one ounce, one-half ounce, one-quarter ounce, one-tenth ounce, and the four-coin set which contains one coin in each size. For more, check out "2010 Proof Gold Eagle Coin Issue Information" which was published last month.
The first three columns of the table below provide weekly U.S. Mint coin sales increases between the listed time periods, offering a sense of recent trends. The final column provides the latest sales totals as of Sunday, October 3, 2010. Bullion coin tables are found toward the bottom, with the most recent sales as of Tuesday, October 5. (NLA = No Longer Available.)
UnitIncrease
Sep 13-
Sep 19 Unit
Increase
Sep 20-
Sep 26 2010 American Buffalo Gold Proof2010 American Eagle Platinum Proof2009 American Eagle Platinum Proof2009 American Buffalo Gold Proof2010 American Veterans Disabled for Life Silver Dollar2010 Boy Scouts of America Centennial Silver DollarMartin Van Buren Uncirculated (2008)Letitia Tyler Uncirculated (2009)Julia Tyler Uncirculated (2009)Sarah Polk Uncirculated (2009)Zachary Taylor Uncirculated (2009)Abigail Fillmore Uncirculated (2010)Jane Pierce Uncirculated (2010)Buchanan's Liberty Proof (2010) Buchanan's Liberty Uncirculated (2010) 2010 United States Mint Proof Set2010 America the Beautiful Quarters Proof Set2009 United States Mint Proof Set2010 U.S. Mint Silver Proof Set™ (18-coin)2009 U.S. Mint Silver Proof Set™ (18-coin)2010 Presidential $1 Coin Proof Set™2010 America The Beautiful Quarters Silver Proof Set™2009 DC/Territories Quarters Proof SetDC/Territories Quarters Silver Proof Set (6-coin)2010 United States Mint Uncirculated Set2010 Presidential Uncirculated Dollar Coin Set™ (P&D)2009 United States Mint Uncirculated Set2009 Presidential Uncirculated Dollar Coin Set™ (P&D)GRAND CANYON QUARTER QUARTER BAGS & ROLLSYOSEMITE QUARTER QUARTER BAGS & ROLLSYELLOWSTONE QUARTER QUARTER BAGS & ROLLSHOT SPRINGS QUARTER BAGS & ROLLSNORTHERN MARIANA ISLANDS QUARTER BAGS & ROLLS2008 JOHN QUINCY ADAMS PRESIDENTIAL $1 COIN BAGS & ROLLS2008 ANDREW JACKSON PRESIDENTIAL $1 COIN BAGS & ROLLS2008 MARTIN VAN BUREN PRESIDENTIAL $1 COIN BAGS & ROLLS2009 JAMES K. POLK $1 COIN ROLLS2009 ZACHARY TAYLOR $1 COIN ROLLS2010 MILLARD FILLMORE $1 COIN ROLLS2010 FRANKLIN PIERCE $1 COIN ROLLS 2010 JAMES BUCHANAN $1 COIN ROLLSPRESIDENTIAL $1 COIN & FIRST SPOUSE MEDAL SETS™2010 KENNEDY HALF-DOLLAR BAGS & ROLLS2010 NATIVE AMERICAN GOLDEN DOLLAR ROLLS2009 DC & TERRITORIES FIRST DAY COIN COVERS
*Includes 51,000 of the one ounce 2009-dated Gold Eagles sold in January. **Includes 367,500 of the 2009-dated Silver Eagle coins sold in January.
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US Mint Coin Sales: 2010 Native American $1s Debut, Silver Eagles Top 3.5MUS Mint Coin Sales: Bullion Gold and Silver Eagles LeadTagged as: United States Mint, United States Mint Stats
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