Mint Stats: What do you make of ‘S’ set?
Collector demand for the two-coin silver American Eagle “S” proof set slowed dramatically this week. Buyers grabbed just 21,619 additional sets, bringing the running total on the Mint’s sales odometer to 136,678.
Collector demand for the two-coin silver American Eagle “S” proof set slowed dramatically this week. Buyers grabbed just 21,619 additional sets, bringing the running total on the Mint’s sales odometer to 136,678. I would expect orders could tail off further next week, but then finish big in the final days of availability. What will the July 5 final order number be? 200,000? It is beginning to look possible.
Should the Mint offer some products for just one week and then cut off orders? I sometimes think so. Consider last week’s sales number for the silver 2012 proof set was 189,628. This week just another 14,026 were added. Talk about front-end loaded.
El Yunque 5-ounce silver coins raise a question. Collectors have purchased 9,639 coins while bullion buyers have taken 9,700. Does that near tie mean only collectors are buying the bullion coins? Could be.
The four-coin 2011 proof gold set saw 12 more sell to bring the total to 18,205. That’s one fewer than was sold last week.
Collectors might not be fond of one-coin “sets.” The Bicentennial Dollar Set had sales of 1,484, to bring the running total to 15,093.
Neither figure is strong.
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