US Mint Sales: 2011 Proof Silver Eagles, Grand Canyon 5 oz Coins, Grant Covers Start

Three new products debuted on the US Mint sales report, and the item at the top won the majority of attention. Starting with the most popular, they were the 2011 Proof Silver Eagles, the Grand Canyon 5 oz. Silver Uncirculated Coin, and Grant's Coin Cover.

The 2011 American Silver Eagle Proof Coin launched Thursday afternoon, June 30, 2011 and by Tuesday, July 5, collectors purchased 367,623 of the .999 fine silver specimens. The US Mint normally reports sales as of a Sunday, but the long holiday weekend postponed the numbers in this report to Tuesday. This year's Silver Eagle start was impressive considering last year's phenomenal beginning debuted at 273,212 within the first three days, and there was extra pent-up demand for the 2010 version since none were released in 2009.

Inaugural sales for the Grand Canyon 5 oz. Silver Uncirculated Coin hit 19,300 or 71% of its mintage between its release on Wednesday, June 29, and Tuesday. The figure was somewhat consistent with the previous three issues. The Yosemite version started with 20,511 after four days, the Yellowstone design had 24,626 within six days, while the Hot Springs item began with approximately 25,000 in four days. The strong start for the Grand Canyon coin demonstrated collector demand has remained high for the new series.

The Ulysses S. Grant Presidential Coin Cover also went on sale Wednesday, June 29. Opening figures showed 15,695 sold by Tuesday. It was a good start for the newest Presidential Coin Cover, since it was about the same as the debut sales of Andrew Johnson Presidential $1 Coin Covers. Johnson's Coin Cover started with 15,459 in four days when it was released in March.

The first three columns of the table below provide weekly US Mint sales increases between the listed time periods, offering a sense of recent trends. The final column provides the latest US Mint sales totals as of Tuesday, July 5, 2011. Bullion coin tables are found toward the bottom, with the most recent sales as of Wednesday, July 6. (NLA = No Longer Available.)

2011 American Eagle Gold Proof Coins2011 Medal of Honor Commemorative Coins2011 U.S. Army Commemorative Coins2011 American Buffalo Gold Proof2010 American Buffalo Gold ProofAbigail Fillmore Uncirculated (2010)Jane Pierce Uncirculated (2010)Buchanan's Liberty Proof (2010)Buchanan's Liberty Uncirculated (2010)Mary Lincoln Uncirculated (2010)Eliza Johnson Uncirculated (2011)Julia Grant Uncirculated (2011)2011 America The Beautiful Quarters Silver Proof Set™2011 America The Beautiful Quarters Proof Set™2011 Presidential $1 Coin Proof Set™2011 United States Mint Silver Proof Set2011 United States Mint Proof Set2010 United States Mint Proof Set2010 America the Beautiful Quarters Proof Set2010 U.S. Mint Silver Proof Set™ (18-coin)2010 Presidential $1 Coin Proof Set™2010 America The Beautiful Quarters Silver Proof Set™2011 Presidential Uncirculated Dollar Coin Set™2011 United States Mint Uncirculated Set2010 United States Mint Uncirculated Set2010 Presidential Uncirculated Dollar Coin Set™AMERICA THE BEAUTIFUL 5 OZ SILVER UNCIRCULATED COINS2011 America the Beautiful Quarters Uncirculated Coin Set2010 America the Beautiful Quarters Uncirculated Coin Set2010 America the Beautiful Quarters "Circulated" Coin Set2010 AMERICA THE BEAUTIFUL 3-COIN SETOLYMPIC QUARTER QUARTER BAGS & ROLLSGLACIER QUARTER QUARTER BAGS & ROLLSGETTYSBURG QUARTER QUARTER BAGS & ROLLSMOUNT HOOD QUARTER QUARTER BAGS & ROLLSGRAND CANYON QUARTER QUARTER BAGS & ROLLSYOSEMITE QUARTER QUARTER BAGS & ROLLSYELLOWSTONE QUARTER QUARTER BAGS & ROLLSHOT SPRINGS QUARTER BAGS & ROLLS2009 JAMES K. POLK $1 COIN ROLLS2009 ZACHARY TAYLOR $1 COIN ROLLS2010 MILLARD FILLMORE $1 COIN ROLLS2010 FRANKLIN PIERCE $1 COIN ROLLS2010 JAMES BUCHANAN $1 COIN ROLLS2010 ABRAHAM LINCOLN $1 COIN ROLLS2011 ANDREW JOHNSON $1 COIN ROLLS2011 ULYSSES S. GRANT $1 COIN ROLLSPRESIDENTIAL $1 COIN & FIRST SPOUSE MEDAL SETS™2011 KENNEDY HALF-DOLLAR BAGS & ROLLS2010 KENNEDY HALF-DOLLAR BAGS & ROLLS2011 NATIVE AMERICAN GOLDEN DOLLAR ROLLS2010 NATIVE AMERICAN GOLDEN DOLLAR ROLLS

*Yosemite 5 Oz Silver Coin sales as of Sunday. The coins hit the "waiting list" sell out on Thursday with 27,000 ordered.

US MINT SALES: 2011 BULLION COINSAmerica the Beautiful Silver Bullion Coins

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Grand Canyon Quarter Launch on South Rim, Coin Forum Information

Join the United States Mint and the National Park Service Tuesday, September 21 at 1:30 p.m. Mountain Standard Time (MST), for the official launch of the Grand Canyon National Park commemorative quarter-dollar.

The ceremony will take place on the scenic South Rim of Grand Canyon National Park between Hopi House and Verkamp's Visitor Center.

Those planning to attend are strongly encouraged to park in one of the lots at the Grand Canyon Visitor Center or the Backcountry Information Center and ride the park's free shuttle to a stop near Hopi House as parking in the vicinity is extremely limited.

Following the event, the public can exchange their cash for $10 rolls of the Grand Canyon National Park America the Beautiful Quarter.  Children 18 years and younger will receive a free Grand Canyon National Park quarter.

WHAT

Presentation of the Grand Canyon National Park America the Beautiful Quarter and Coin Exchange

WHO

Ed Moy, Director, United States Mint
Steve Martin, Superintendent, Grand Canyon National Park
Local Entertainment

WHEN

Tuesday, September 21, 2010, 1:30 p.m. (MST)

WHERE

Grand Canyon National Park
South Rim between Hopi House and Verkamp's Visitor Center
Grand Canyon, AZ 86023

WEBCAST: The ceremony will also be broadcast live on the web at:http://www.americathebeautifulquarters.gov.  The stream will be available at 1:25 p.m. (MST).

Public Coin Forum

The evening before the launch ceremony-Monday, September 20, at 5 p.m.-United States Mint Director Ed Moy will host a public Coin Forum at Grand Canyon National Park, Grand Canyon Railway Depot, at the base of the El Tovar Hill.  The Coin Forum is an opportunity for the public to express their views about future U. S. coinage, and to learn about current United States Mint programs and initiatives.

The America the Beautiful Quarters Program, authorized by Public Law 110-456, is a 12-year initiative to honor 56 national parks and other national sites.

Each year, the public will see five new national sites depicted on the reverse (tails side) of the America the Beautiful Quarters.  The United States Mint will issue these quarters in the order in which the honored site was first established as a national site.

More information about the America the Beautiful Quarters Program can be found at:
http://www.americathebeautifulquarters.gov

More information about Grand Canyon National Park can be found at:
http://www.nps.gov/grca/index.htm

NOTE:

* Video News Package:
A video news package will be available via satellite feed on Tuesday, September 21 and Wednesday, September 22.  The package will contain video of the Grand Canyon ceremony, interviews with Ed Moy, Director of the United States Mint; and Steve martin, Superintendent, Grand Canyon National Park.  Additional video will include general footage of Grand Canyon National Park, coin design, coin production and finished coins.

* Satellite Feed Information:

Tuesday, September 21            7:00 - 7:30 PM ET        Galaxy 19C, Tr. 8, DL 3860H
Wednesday, September 22     11:00 - 11:15 AM ET     Galaxy 28C, Tr. 15, DL 4000V

* On the Web:
www.newsInfusion.com    Search Keywords: U.S. Mint Grand Canyon

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US Mint Launches Grand Canyon National Park Quarter in Ceremony

The United States Mint today, with help from National Park Service officials, marked the release of the Grand Canyon National Park quarter.

Grand Canyon National Park Quarter

Highlights of the event included a ceremonial coin pour, performances by the Pollen Trail Dancers, a local Native American troupe, and a coin exchange at which members of the public swapped their currency for $10 rolls of the new quarter. 

Children 18 years old and younger received a new Grand Canyon National Park quarter to commemorate the event.

"The United States Mint is honored to be connecting America to its most significant natural treasures through the America the Beautiful Quarters® Program," said United States Mint Director Ed Moy.  "The new Grand Canyon National Park quarter design echoes the ancient grandeur of this wondrous place."

The design on the coin's reverse (tails side) features a view of the granaries above the Nankoweap Delta in Marble Canyon near the Colorado River, which were used for storing food and seeds.  Inscriptions on the reverse are GRAND CANYON, ARIZONA, 2010and E PLURIBUS UNUM.

The design on the coin's obverse (heads side) features the 1932 portrait of George Washington by John Flanagan, restored to bring out subtle details and the beauty of the original model.  Inscriptions on the obverse are UNITED STATES OF AMERICA, LIBERTY, IN GOD WE TRUST and QUARTER DOLLAR.

"The introduction of a Grand Canyon quarter is a momentous occasion in the human story of the park; so we were thrilled when the Nankoweap granaries were chosen as the design for the reverse side," said Steve Martin, Superintendent of Grand Canyon National Park.  "The use of the granaries really seems to connect the coin and today's event to the thousands of years of human history reflected in archeological sites throughout the canyon."

The Grand Canyon National Park quarter is the fourth coin released through the United States Mint America the Beautiful Quarters Program, a multi-year initiative to honor 56 national parks and other sites in each state, the District of Columbia and the five U.S. territories.

Each year through 2020, the United States Mint will issue five new quarters in the order in which the honored site was first established as a national site.  One final coin will be released in 2021.

The United States Mint began offering 100-coin bags and two-roll sets containing the new Grand Canyon National Park quarter on September 20.  Collectors may order these products at http://www.usmint.gov/catalog or at 1-800-USA-MINT (872-6468).  Hearing- and speech-impaired customers with TTY equipment may order by calling 1-888-321-MINT (6468).

Additional information about other America the Beautiful Quarters Program product options, including subscriptions, is also available.

Free lesson plans based on the America the Beautiful Quarters Program are available at the United States Mint's Web site.  Created and reviewed by teachers to meet national curricular standards, the plans draw on the new reverse designs to inspire students to learn about the culture, geography, unique heritage and natural beauty of our national parks and other national sites.  For more information about America the Beautiful Quarters Program educational resources, visit:  http://www.usmint.gov/kids/teachers/.

The Grand Canyon was first established as a national site on February 20, 1893.  A powerful and inspiring landscape, the Grand Canyon overwhelms our senses through its immense size - 277 river miles long, up to 18 miles wide and a mile deep.

Although first afforded Federal protection in 1893 as a forest reserve and later as a national monument, the Grand Canyon did not achieve national park status until 1919, three years after the creation of the National Park Service.  Today Grand Canyon National Park receives close to five million visitors every year - a far cry from the 44,173 visitors the park received in 1919.

The United States Mint, created by Congress in 1792, is the Nation's sole manufacturer of legal tender coinage.  Its primary mission is to produce an adequate volume of circulating coinage for the Nation to conduct its trade and commerce.  The United States Mint also produces proof, uncirculated and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.

For more information about the America the Beautiful Quarters Program, visit:  www.americathebeautifulquarters.gov.

Additional information about Grand Canyon National Park can be found at: http://www.nps.gov/grca/index.htm.

###

[Coin Collecting News editor: For more information on the quarter, to include images of the original design candidates, check out Grand Canyon National Park Quarter on sister site http://americabeautifulquarters.com/]

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US Mint Sales: Grand Canyon Quarters Debut, Gold Fractional Coins Rise

The first round of sales figures for Grand Canyon National Park Quarters are available and prove to be favorable. With that launch, the United States Mint experienced another flux of coin sales, as demand rose for numismatic products. Everything except First Spouse coins jumped, while bullion coin sales remained mixed.

The newest America the Beautiful Quarter hit the streets on Monday, September 20, along with bags and rolls from the Mint. Compared to the prior inaugural Yosemite, Yellowstone and Hot Springs quarter figures, the 100-coin bags and two-roll sets are moving just a tad bit slower, with Hot Springs's coin starting out the best. The following table shows this year's debuting quarter sales:

Hot Springs, Yellowstone, and Yosemite quarters spiked with the release of the Grand Canyon 25-cent piece, but one Yosemite product went the wrong direction. Yosemite's Two-Roll Sets fell -5,460 compared to its previous 6,819 gain. Perhaps a Mint accounting correction. Yellowstone's Sets increased by 555 versus 309 in the prior week, and Hot Springs's Sets rose 450 compared to 223. Sales of 100-coin bags also improved.

Just when demand for coin sets seemed high, it went higher. 5,754 of the America the Beautiful Quarters Proof Set sold, but they were not the highest. 39,348 of the 2010 United States Mint Proof Sets were scooped up by collectors. Their prior increase had been 31,781. The second best seller was the 2010 Silver Proof Set, in which buyers took 22,244 versus 19,828. Also selling strong was the 2010 Mint Uncirculated Set with 14,210 more sold.

Buchanan's Presidential $1 Coin & First Spouse Medal Set debuted on September 23. Initial sales started at 2,080, which was much higher than Pierce's version at 1,340. The prior Fillmore set opened at 2,362.

Proof Disabled American Veterans commemorative coins took an exceptional leap. 4,627 were sent out. 3,634 were proofs and 993 were uncirculated, following 2,173 and 477 leaving store shelves the prior week.

Skyrocketing attention to gold prices and gold coins may have helped the proof American Buffalo coins but not the First Spouse Gold Coins. 6 out of 8 available spouse options were down. James Buchanan's proof Liberty coin did the best by improving by 420, but that was 187 less than the gain in the prior round. Margaret Taylor's proof and uncirculated were the only two to exceed previous gains.

24-karat proof American Buffalo rose 1,755, up from the previous 1,301. They may continue to outperform week over week since the bullion Buffalo coins sold out. (Last year, the bullion Buffalo was available until December 4, 2009.) But the proof's price may pressure future sales as well. They are going for $1,560 -- their highest price ever. With the direction the gold market has been going, it does not look like prices will be falling any time soon.

In other bullion news, one ounce Gold Eagles advanced 24,500 in one week's time. The smaller gold fractional coins climbed, with the exception of the 1/2 ounce size which stayed quiet. The 1/4 ounce Gold Eagle jumped ahead by 2,000 coins and 1/10 ounce Gold Eagle moved ahead 15,000 after being silent for several weeks.

Demand remained high for American Silver Eagle bullion. Another 835,000 were purchased as the month winded down. Tomorrow is critical, however, because September could end up being the slowest month of 2010 since total sales are under 2 million.

The next numismatic products to hit the charts will be the James Buchanan $1 Coin Cover on September 30 and the highly anticipated 2010 American Gold Eagle Proofs on October 7.

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, September 26, 2010. Bullion coin tables are found toward the bottom, with the most recent sales as of Wednesday, September 29. (NLA = No Longer Available.)

Unit
Increase
Sep 6-
Sep 12 Unit
Increase
Sep 13-
Sep 19 Unit
Increase
Sep20-
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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Grand Canyon National Park Quarter Rolls Availability

The United States Mint will offer collectible bags and two-roll sets containing Grand Canyon National Park quarters beginning at noon Eastern Time (ET) on September 20.

The two-roll sets are priced at $32.95 each and the 100-coin bags are priced at $35.95 each.

The Grand Canyon National Park quarter is the fourth coin released through the United States Mint America the Beautiful Quarters® Program.

Collectors may place their orders at the United States Mint's secure Web site, http://www.usmint.gov/catalog, or at the toll-free number, 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers may order at 1-888-321-MINT. A shipping and handling fee of $4.95 will be added to all domestic orders.

The bags and rolls contain coins that were struck on the main production floors of the United States Mint facilities at Denver and Philadelphia for use in general circulation. The two-roll set includes one roll each of 40 coins-one each bearing the "P" and "D" mint marks-wrapped in distinctive packaging displaying the name of the national park or site, state abbreviation, mint of origin, and "$10", the face value of its contents. A tag is attached to each 100-coin bag denoting the mint of origin, name of the national park or site, and the state abbreviation.

The coin's reverse (tails side) design, by United States Mint Sculptor-Engraver Phebe Hemphill, features a view of the granaries above the Nankoweap Delta in Marble Canyon near the Colorado River. (Marble Canyon is the northernmost section of the Grand Canyon.) Inscriptions on the reverse are GRAND CANYON, ARIZONA, 2010 and E PLURIBUS UNUM. The design featured on the coin's obverse (heads side) is the 1932 portrait of George Washington by John Flanagan, restored to bring out subtle details and the beauty of the original model. Inscriptions on the obverse are UNITED STATES OF AMERICA, LIBERTY, IN GOD WE TRUST and QUARTER DOLLAR.

The United States Mint, created by Congress in 1792, is the Nation's sole manufacturer of legal tender coinage. Its primary mission is to produce an adequate volume of circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces proof, uncirculated, and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.

Note: To ensure that all members of the public have fair and equal access to United States Mint products, orders placed prior to the official on-sale date and time of September 20, 2010, noon ET, shall not be deemed accepted by the United States Mint and will not be honored. For more information, please review the United States Mint's Frequently Asked Questions, Answer ID #175.

[Coin Collecting News editor: For more information on the quarter, to include images of the original design candidates, check out Grand Canyon Quarter on sister site http://americabeautifulquarters.com/]

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