Proof Gold Eagle Opening Sales Figures
Opening sales figures are available for the 2010 Proof Gold Eagles. The coins went on sale last week October 7, 2010 with four individual sizes and a four coin set available. As widely expected, the opening numbers were strong reflecting pent up demand for collectible Gold Eagle offerings.
|2010 Proof Gold Eagles|
|4 Coin Set||7,147|
The heaviest seller was the one ounce proof coin, which out of all the production options represents the lowest premium compared to gold value. This was followed by the 4 Coin Set, which provides a better value than purchasing the four individual options and a logical choice for anyone who wants one example of each coin.
I managed to dig up the debut sales figures for the 2008 Proof Gold Eagle for comparison purposes. The numbers reflecting six days of sales were 3,120 (one ounce), 598 (one half ounce), 518 (one quarter ounce), 1,347 (one tenth ounce), and 1,691 (4 Coin Sets). This year's debut figures reflecting only three days of sales are between three and five times greater.
Another interesting point of comparison are the final audited sales numbers for the 2008 Proof Eagle. These numbers are 17,720 (one ounce), 10,085 (one half ounce), 6,360 (one quarter ounce), 15,599 (one tenth ounce), and 12,517 (4 Coin Sets). Sales of the individual one ounce proof coin are already approaching the final sales from 2008, while the other numbers are still far below.
The complete weekly US Mint sales report with some further observations about the opening sales levels can be found on Coin Update News.
For price watchers, there most likely will not be an increase for the 2010 Proof Gold Eagles this week. Due to the lower fix prices late last week, the weekly average is likely to remain within the $1,300 to $1,349.99 range.