Heating Up, Silver Sets Jump in Mint Sales
by Darrin Lee Unser
A new week
ushered in greater demand for silver coins, new
US Mint stats reveal. Previous weekly sales
dipped, so the change is more pronounced.
Last week's silver coins report showed a spike
in 2008 Annual Uncirculated Dollar Coin Sets.
That is likely explained by the fact that the
set is the only way to acquire an uncirculated
American Silver Eagle now that the 2009's are
canceled. While the latest weekly numbers are
still higher than typical at 1,666, they are
lower than the prior 2,180.
The remaining US Mint silver coins and set
products performed better. Most memorable is the
set sell out of the Lincoln Chronicles Set.
Collectors purchased the maximum 50,000 in under
30 hours. As of this writing, the Mint is only
taking standby orders in the event cancellations
Braille Commemorative Silver Dollar products
jumped. It looks like some collectors waited to
make their Braille purchase when the Chronicles
set was released, saving a few dollars in
shipping. The newly issued Braille Education
Sets improved to 5,996. The number is a sharp
contrast to those of popular 2009 Lincoln
products, but then it is hard to compare
anything to how they have sold this year.
The 18-coin 2009 Silver Proof Set is back into
the positive. Last week's report showed a
negative adjustment of 1,001. The latest figures
have them rising for a weekly gain of 12,306.
Bullion 2009 American Silver Eagles are moving
quickly. With 10 days still left in the month,
1,625,000 have been sold. That is 78,000 short
of equaling the entire month of September.
733,000 were purchased by the Mint's authorized
purchasers in the last week alone. The
year-to-date total is at 22,092,500.