With the first quarter drawing to a close, we thought it would be interesting to take a look at sales in the first quarter to 2019 as compared to the same time period in 2018. The first thing to stand out is the underperformance of the 2019 gold proof as compared with 2019.
Overall, total sales of all options offered are down about 3,500 coins, or 26%. Gold Buffalos had not yet been released last year at this time, so obviously the Mint is ahead there. Bullion Eagle sales are up year over year, with platinum up 3,500, gold up 10,500, and silver slightly behind last March, primarily due to the Mint’s recent suspension of sales. Total bullion sales for 2019 vs. 2018 are up 42% at this time last year.
Of note this week, the 2019 ten-coin clad proof set increased by 11,204 from last week. Other increases of note include an increase of 2,127 on 2019-W proof silver Eagles, 1,827 more Apollo 11 .999 silver dollar proofs, and 717 of the 2019 Rocketship set.
American Legion Commemorative coin sales continue to increase but at a slower pace than expected. Total sales of all issues increased by 9,472, with the proof silver dollar accounting for 4,440 of those sales.
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