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.

Author:
Dave Harper
Publish date:
Apr 5, 2012

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. The gold and silver American Eagle proofs will soon crowd out thoughts of proof Buffalo coins.

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Star-Spangled Banner commemoratives as the new game in town continue to outsell the Infantry commemoratives. Some 7,476 proof silver dollars were taken by collectors compared to 1,286 Infantry proofs. The uncirculated Star-Spangled Banner dollar registered sales of 2,076 and the uncirculated Infantry came in at 668.

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The 2-coin gold $5 and silver dollar Star-Spangled Banner proof set saw sales of 322 compared to just 249 of the individual proof Star-Spangled Banner gold $5 coins.

Buyers of the new Birth set added 1,142 more to the sales total, bringing it to 8,315. The set features various proof coins, including the El Yunque National Forest quarter. The quarter will not change as other ATB designs are issued this year.

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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.

Apr 12, 2012

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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.

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Proof 2012-W silver American Eagles sales set the pace this week. Buyers nabbed another 41,853 pieces to bring the running total to 701,291.

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Just because the two-coin San Francisco proof silver American Eagle set is no longer available doesn’t mean collectors can’t buy other Eagles. However, they are behaving as if even the other sales options are no longer available.

Jul 19, 2012

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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.

Apr 27, 2012

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Holiday demand for annual sets produced by the U.S. Mint seems to be kicking in this week. Sales of the clad 2011 proof set rose by 16,545 to reach 933,011. The silver proof set moved ahead by 5,789 to 493,708.

Nov 17, 2011

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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.

Mar 29, 2012

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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.

Apr 19, 2012

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The Mint made a huge effort on behalf of Numismatic News readers to update sales figures for this weekly column despite being closed with the rest of the federal government for two days because of Hurricane Sandy. I am grateful.

Nov 1, 2012

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