Mint News Blog

News, Information, and Commentary on US Mint Products

Friday, November 21, 2008

2008-W Platinum Eagle Sales Figures


With the 2008-W Uncirculated Platinum Eagle 4 Coin Set recently sold out, we can now start to piece together rough numbers for some of the sold out individual coins.

Many collectors have been intensely focusing on these numbers. When the 2008-W Uncirculated Platinum Eagles first went back on sale the numbers were low enough to create the possibility of a new key date for the series.

Listed below are the sales figures for 2008-W Uncirculated and Proof Platinum Eagles. The most recently published Mint Stats from Numismaster contains sales data through November 16. Since the 4 Coin Set sold out a few days after that, the number may still increase slightly from these levels.

The first column displays the amount for the ordering option. The second column displays the total for each coin (individual sales plus 4 coin set sales). Coins which are sold out and no longer available from the US Mint are listed in bold.

2008-W Uncirculated Platinum Eagle Sales Figures

Individual Combined
1 oz. 669 2,834
1/2 oz. 1,061 3,226
1/4 oz. 2,027 4,192
1/10 oz. 2,504 4,669
4 Coin Set 2,165 N/A

2008 Proof Platinum Eagle Sales Figures

Individual Combined
1 oz. 1,865 3,736
1/2 oz. 927 2,798
1/4 oz. 1,157 3,028
1/10 oz. 2,528 4,399
4 Coin Set 1,871 N/A


The previous key date for the series are the 2006-W Uncirculated Platinum Eagles. For comparison, the mintages for each coin appear below. These amounts are not yet "official mintages" but represent the last release sales figures for that year.

2006-W Uncirculated Platinum Eagle Mintages

Individual Combined
1 Ounce 1,079 3,068
1/2 Ounce 588 2,577
1/4 Ounce 687 2,676
1/10 Ounce 1,555 3,544
4 Coin Set 1,989

As you can see, the sold out 2008-W coins all ended up ahead of the 2006-W numbers. However, with mintages below 5,000, the numbers are still quite low. The coins could see some appreciation as collectors seem to be finding a renewed interest in the series. Notably, the 2008-W 1 oz. coin is still below the mintage level of the 2006-W.

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5 Comments:

At November 21, 2008 at 6:47 PM , Anonymous Anonymous said...

So whats the best set? IT appears that all the Eagle sets will be under a mintage of 10,000. Will the Buffs be as well? Can you maybe cover possible price appreciation on ebay and elsewhere next week. I will acquire as many as I can!

 
At November 21, 2008 at 6:54 PM , Blogger Michael said...

I did some quick checks on price levels on eBay and haven't seen any big gainers from the recent sell outs yet.

Long term, I think many of this year's coins will be good prospects. But in the very short term, I think a lot of the coins recently purchased were by people looking to sell them quickly. This might put an initial damper on prices.

Next week I will try to take a closer look at where things stand and provide some more insights.

 
At November 21, 2008 at 11:02 PM , Anonymous Anonymous said...

In 2006 the sales figures for some of the unc. platinum coins were subsequently revised downward. I'm not convinced that 2008 mintages are nearly as high as the current published sales figures. Time will tell.

 
At November 22, 2008 at 3:50 AM , Blogger Michael said...

Good point. The numbers do often get adjusted. For these coins, there might be a lot of returns or canceled orders after the price decreases.

 
At November 24, 2008 at 4:23 PM , Blogger sure said...

checked a little while ago and the 1/2 oz platinum UNC is listed as not available. I've been waiting for since the price change for mine which has been listed as in stock and reserved on my order page since the day I ordered it. I sure hope I get it. that's the one thing about the mint i do not like, very slow and very obscure info, even if you call and talk to a rep no one seems to really know what's up with any particular order. here's hoping. Happy Thanksgiving everyone. I'm thankful for this site.

 

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