The Mint’s year-end effort to promote Bald Eagle commemoratives is not having much effect yet on the sales totals. The proof $1 actually went backwards this week. But it is still a long way until New Year’s.
Collectors can sometimes be very predictable. This week, the first sales total for the 2011-W uncirculated collector silver American Eagle goes in its place further down on this page. The 184,967 pieces sold since it went on sale Sept. 15 seems to be on the strong side until you compare it to the first sales of the proof version. Demand for the uncirculated coin is running at approximately half the rate recorded by the proof in its first few days after it went on sale June 30. That’s a standard collector demand pattern when there are no special factors distorting basic preferences.
The United States Mint’s 2008 Bald Eagle Commemorative Coins celebrating the comeback of this great bird and the 35th Anniversary of the ESA have been on sale for nearly eight months now. They have already raised over $6 million in surcharge monies that will be dedicated to preserving this precious national treasure. But it will still take many more millions of dollars to monitor and secure thousands of eagle nests located mostly on private lands coast to coast.
The Mint really has collectors well trained. When it says a coin is available, we jump. The uncirculated 2012-W silver American Eagle went on the charts last week at a strong 135,104.