Here’s something you don’t see every day. Collectors bought nearly as many proof 2012-W silver American Eagle coins as investors purchased the standard one-ounce bullion coin version this week.
The respective numbers are 299,539 for the proofs and a 320,000 increase in the weekly bullion coin numbers.
Sales of the proofs opened April 12 and the total reflects just four days of results. The number of proof 2011 coins sold individually was 850,000. Last year saw another 100,000 proofs incorporated in the 25th anniversary set. This year will see additional “S” proofs packaged with a reverse proof to honor the 75th anniversary of the current San Francisco Mint. Production of these sets begins in May.
Who loves Chester Arthur? Buyers of his Presidential dollars seem to. Sales of the 25-coin rolls already exceed those of the other Presidents since Lincoln. You throw in the large quantities of 250-coin boxes and the 500-coin boxes and it looks like the Mint has run out or will have to make more of these coins. Stayed tuned for more information and perhaps tweaks to these figures.