Boy Scouts Silver Dollar Sales Reach 266,517
The latest sales figures for the 2010 Boy Scouts of America Centennial Silver Dollar are now available. The strong opening figures have followed by a sharp decline in the pace of sales for the second week of release
In the week ended April 4, 2010, the US Mint sold an additional 35,244 proof coins and 16,600 uncirculated coins. The latest week's combined sales of 51,844 added to the opening week's sales of 214,673 brings the overall total to 266,517. This now represents 76.1% of the 350,00 maximum authorized mintage.
With newly released US Mint products, the pace of sales tends to decline somewhat rapidly during the first several weeks of availability, unless some external factor sparks renewed demand. For example, the weekly sales recorded for each of the first four weeks of sales for the American Veterans Disabled for Life Silver Dollar were 98,358 in the debut week, followed by 33,476, then 22,102, and finally 12,432 by the fourth week.
If the pace of sales for the Boy Scouts Silver Dollars follows a similar trajectory, the coins may remain available at the US Mint for at least a few more weeks.
The end of introductory pricing is also on the horizon for the Boy Scouts coins. After April 21, 2010 at 5:00 PM ET, regular pricing will go into effect. The price of the proof coin will increase by $4 to $43.95, and the price of the unicrculated coin will increase by $2 to $35.95.
Find the full weekly US Mint sales report on Coin Update News.
Labels: Commemorative Coins
posted by Mint News Blog @ 8:59 AM
23 Comments:
I don't think the Boy Scout coin is going to be the secondary market "windfall" that some people think it's going to be. I wouldn't be surprised if some who have already bought the coin return them while they still can.
It looks like the spread will likely be 225,000 proofs and 125,000 uncirculateds. Neither number is really low enough to create that "gotta have it" mentality. The 2009 Lincoln Uncirculated coin is already selling lower than it was a few months ago.
You'd be best off just buying this coin if you truly want it. I could be wrong of course, but this one will likely be a tough one to "flip" for much profit if that is the reason you're buying it.
Why is there a girl on the Boy Scout coin? Maybe a "den mother" would be ok but I've never seen a girl in uniform saluting at a pack meeting in my 15 years involved in scouting. What gives?
Here we go again of why there is a girl on the Boy Scout coin.
If you follow this blog, then the answer would be apparent.
Search through previous columns on this coin and you'll find the answer :o)
I also wrote this article "Why Is There a Girl on the Boy Scouts Coin", which includes some insights into the discussions and motivations of the CFA, CCAC, and Boy Scouts organization.
http://news.coinupdate.com/why-is-there-a-girl-on-the-boy-scouts-coin-0204/
I read your column on the "girl on the Boy Scout coin" and it really just affirms that the PC coin pushed on us is just the government doing what it thinks is best for us.
Basically, Michael, some relatively obscure slightly more than a decade old program is used to put a girl on a Boy Scout ONE HUNDRED YEAR celebratory commemorative coin.
Shame on the mint!
Whine, whine, whine...
If you don't like the Boy Scouts or the commemorative coin, then don't buy it.
Period.
Buy the scout coin if you like the coin and/or you are a fan of the scouting program. If you are looking for an investment coin here good luck. As for me I am still waiting for the "We Are the World" coin with a depiction of a group doing a big wave of hands on one side and on the other side a depiction of a coal plant belching clouds of toxin filled smoke while emptying sludge from a pipe into a gooey stream full of bloated and rotting fish. Coin to be a bimetal of depleted uranium and recycled pop cans.
I am anxiously awaiting for a commemorative coin featuring the most notable President in the past 100 years - Barack Obama.
Nobel Peace Prize winner, first minority President, and first from the Aloha state.
All attributes that have nothing to do with his presidency and how his "regime" is governing against the will of the people. Go to MoveOn.org for that crap. This is for numismatics....
I think they only make a commem. for presidents after they're long dead. Be careful of what your anxiously waiting for.
the obama coin will depict a long line of very ill people waiting for a doctor to see them
I want me a depleted uranium pop top sluge coin. That sounds awsome. Thats one coin that might be worth something from the mint. LOL
Another angle to why a lot of these coins may not all survive intact for the next ten years was because of an incident my young scout scared me with tonight. My young scout anxious for his coin almost nearly opened his proof and "felt" it because it looked cool and he wanted to know what it would feel like. I remember an autographed cubs baseball that my aunt got for me when I was younger. She actually had the whole team sign it as she was dating a cub at the time. Needles to say me and my friends were in need of a baseball and I just so happened to have one. My aunt almost died when I told her. I can say that history has a strong chance of being repeated here with those young scouts and their shiny new coins.
This Boy Scout coin has the same PC design as the 2009 Platinum Proof coin.
The Girl on the coin represents member of our co-ed Venturing program..but you folks already knew that...:)
To Anonymous 10:33pm
You are absolutely right. Even in coin collecting it seems like there is no escaping PC these days.
Anon 11:20
We know the infamous Venture program is coed BUT it is new, small and certainly does NOT represent the past 100 years of Boy Scouting like the coin is supposed to represent!
Oh, I'm a former Scout and have a son and two daughters in Scouting.
Wasn't the Lone Ranger's side kick a Scout?
Hi Ho Silver Away...
The silver bullet.
Does anyone know if the weekly statistics includes only completed orders(sent out to customers) or pending orders(backorders) as well?
I'm sure it includes all orders placed, whether they've been shipped or not.
All orders placed, less returns and order cancellations.
Will there be a boy on the future Girl Scout coin?
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