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Letters to the Editor
- This week’s letters (06/05/12) A collection of letters from readers of Numismatic News to editor, Dave Harper.
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Mint Stats: Buyers back out of Freedom set
The case of the Defenders of Freedom Set not selling out its 50,000 maximum took a curious turn this week. The number of sets sold was reduced by 2,709 to 43,727. Continue reading
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Mint Stats: Sales swift for Arthur coin rolls
Just a few weeks into sales, collectors have purchased 81,954 25-count rolls of the $1 coins. That makes him the second most popular president in $1 coin roll sales, trailing only President Abraham Lincoln, whose 2010 presidential $1 coin sold 97,575 rolls. Continue reading
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Mint Stats: Chester Arthur back on press
It’s definite. The U.S. Mint will strike more Chester Arthur dollar coins. Last week sales numbers vaulted totals to over 6 million coins, a figure in excess of the 5.74 million that had been minted and reported. This week added additional coins to that figure. Continue reading
Mint Stats: 2012 Proof Silver Eagles Arrive
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. Continue reading
Mint Stats: Commemoratives get their turn
It might be said this week that collectors were buying like it was 1989. What do I mean by that? Simply that much of what action there was seemed to be focused on the year’s commemorative coin programs. I expect that to change with next week’s numbers as the 2012 proof silver Eagle initial sales figures will arrive. Continue reading
Mint Stats: Buyers nab 1,499 Buffalo proofs
Sales of the 2012 proof Buffalo 1-ounce gold piece rose by 1,499 coins to reach 7,189. If it can keep up that pace, it would equal the 2011 sales number in 13 weeks, but it will not. Collectors tend to place the bulk of their orders in the opening few weeks of availability. Continue reading
Mint Stats: Bullion Eagles reach 10 million
Sales of silver bullion American Eagles passed the 10-million mark. With the first quarter of the year nearly finished, it makes a handy point to stop and consider how many coins might be sold this year. Resist the temptation to simply multiply the number by four to reach 40 million. Continue reading
Mint Stats: Two continues better than one
The 2-coin Star-Spangled Banner commemorative proof set outsold the individual proof gold $5 piece for the second week in a row, but the gap has narrowed substantially. Buyers grabbed 890 of the sets compared to 546 of the proof $5 coins. The lower cost silver dollars saw buyers prefer proofs by roughly 3:1. Continue reading
Mint Stats: Set starts as a popular option
The first Star-Spangled Banner commemorative sales numbers have arrived and they are in the 2012 Commemorative Coins box below this column. The 2-coin proof set does not have a pre-set sales limit, so buyers can push it up, or ignore it as they please within the overall coin limitations. Continue reading
Mint Stats: 2012 gold Buffalo sales begin
How many different ways can you slice and dice statistics? With computers, the answer probably approaches infinity. However, on printed pages, keeping two facts straight is often difficult. Continue reading
