American Veterans Disabled for Life Silver Dollar Sales Ending December 13
Sales of the American Veterans Disabled for Life Silver Dollars will conclude at the US Mint on December 13, 2010 at 5:00 PM ET. This is one of two commemorative coin programs that were authorized for this year.
The silver dollars issued under the other program celebrating the centennial of the Boy Scouts of America previously sold out of the maximum mintage in August.
The Disabled Veterans Silver Dollars originally went on sale February 25, 2010. Initial pricing was $33.95 for the uncirculated version and $35.95 for the proof version. The maximum authorized mintage was set at 350,000, with an ordering limit of 100 coins per household in place for the start of sales.
In the first three days of availability, the US Mint recorded sales of nearly 100,000 of the commemorative coins, representing 28% of the maximum mintage.
After an introductory period, pricing was adjusted to $35.95 for uncirculated coins and $43.95 for proof coins.
According to the most recent sales figures, the US Mint has sold 262,778 coins. This is made up of 186,941 proofs and 75,837 uncirculated coins. The pace of sales has picked up in the final days of availability, with more than 7,000 coins sold in the past two weeks.
By law, the US Mint is mint and issue the commemorative coins for the entire calendar year. However, as in the past, sales will conclude earlier to allow time for order fulfillment and shipping.
Other Mint News
The Abraham Lincoln Presidential $1 Coin Cover, which will be released on December 30, 2010 will have a maximum production of 37,000 units. This compares to a production limit of 32,000 units for each of the other 2010 American Presidency $1 Coin Covers.
Similar to the situation for the Mary Todd Lincoln First Spouse Gold Coin, the US Mint must be expecting higher demand for the Lincoln product compared to other Presidents.
Separately, the US Mint dispatched a brief blurb yesterday through one of their RSS feeds indicating that next week the US Mint's website will get a "fresh, new look." This might be further extension of their recently adopted new brand promise and identity.
New Coin Grader Capsule: Coin Grading Disagreements
Labels: Commemorative Coins