Mint News Blog

News, Information, and Commentary on US Mint Products

Wednesday, June 1, 2011

2010-P Yellowstone Five Ounce Coins Sold Out


The US Mint has now sold out of the 2010-P Yellowstone National Park Five Ounce Silver Uncirculated Coins. The product was removed from availability on their website earlier today.

A "waiting list" notice was not posted on the product page, as had been the case for the previous Hot Springs release. Rather, the product was directly marked as "sold out" and removed from the relevant sections of the product catalog.

The sales history is as follows:

May 17: sales begin at 12:00 Noon ET. By the end of the day, sales reach 18,143
May 22: sales reach 24,626
May 29: updated figures not provided in sales report
June 1: product "sold out" of the maximum 27,000 mintage

It took 15 days for the Yellowstone coin to reach a sell out. This was exactly the same number of days that it took for the Hot Springs coin to move to a "waiting list".

The US Mint has added a release date of June 9, 2011 for the next America the Beautiful Five Ounce Silver Uncirculated Coin featuring Yosemite National Park. Will the steady release of coins start to take a toll on collectors? Presumably, a total of ten numismatic five ounce silver coins will be released this year for a combined issue price of at least $2,799.50.

Another update to the US Mint's scheduled product listing has delayed the release of the Julia Grant First Spouse Gold Coins. Previously the release date was listed as June 2, 2011, but it has now been changed to June 23, 2011.

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34 Comments:

At June 1, 2011 at 2:43 PM , Anonymous Anonymous said...

Hi!
I assume that it is the Julia Grant first spouse that has been delayed, right? Take care, Larry

 
At June 1, 2011 at 2:46 PM , Blogger Mint News Blog said...

Yes, thanks. I fixed that.

 
At June 1, 2011 at 2:54 PM , Anonymous Anonymous said...

mary lincoln (unc) gold spouse sold out..

 
At June 1, 2011 at 2:59 PM , Anonymous Anonymous said...

Man, this series is gonna be brutal on the wallet! $2799 in less than a year?!
I can't see this series getting past Christmas '11. The bullion versions are readily availible for less and look MUCH better IMHO.

 
At June 1, 2011 at 3:06 PM , Anonymous Anonymous said...

I had waited to get one... now its gone? without a waitlist notice?

 
At June 1, 2011 at 3:38 PM , Anonymous Anonymous said...

Mary Lincoln selling out is a surprise.

 
At June 1, 2011 at 3:42 PM , Anonymous Mr B Franklin said...

Anonymous said...
I had waited to get one... now its gone? without a waitlist notice?

June 1, 2011 3:06 PM

---------------

May I say !

The early bird gets the worm

LOL

 
At June 1, 2011 at 4:40 PM , Anonymous Anonymous said...

That Yellowstone looks like a peanuts cartoon! This will go down in history like the pet rock, mood rings and the Yugo! I'm figuring out the best way to dump my ATB Hot spring as we speak,LOL! I wanna cut and run so bad!

 
At June 1, 2011 at 4:48 PM , Anonymous Anonymous said...

Git ur Mary pruf while u kin!!

 
At June 1, 2011 at 4:56 PM , Anonymous Anonymous said...

Michael,

Why are you watching the one ounce uncirculated American gold eagle coin when the half ounce proof version is selling more slowly?

Based on the latest mint sales report, the half ounce proof coin may be the one to watch.....

 
At June 1, 2011 at 5:06 PM , Blogger Mint News Blog said...

"Why are you watching the one ounce uncirculated American gold eagle coin when the half ounce proof version is selling more slowly?"

Don't forget to include the 4 coin set sales for the one-half ounce Proof Gold Eagle. Across all options, sales are at 9,088. These might be a low mintage in the context of the series, but there is still a long way to go.

There are a number of interesting potential opportunities this year, but for many of them, it's not an urgent situation.

 
At June 1, 2011 at 5:22 PM , Anonymous Anonymous said...

can you believe this ?

2010 P HOT SPRINGS & YELLOWSTONE 5oz SILVER COINS 1 ea
1 Bid $704.95
Free shipping Time left: 3h 55m

 
At June 1, 2011 at 5:25 PM , Anonymous Anonymous said...

I was curious about sales for the Elzira Johnson FS coin so I checked the sales numbers.

It appears that if one projects sales two months from the first sales dates, that the Elzira Johnson coin is selling at a faster pace than the Julia Tyler coin.

Of course, it's still early, and anything can happen in the future.

 
At June 1, 2011 at 5:26 PM , Anonymous Anonymous said...

@ June 1, 2011 5:22 PM --

That auction is the exception. Most of the Hot Springs P coins are selling between $350 - $390.

 
At June 1, 2011 at 5:28 PM , Anonymous Anonymous said...

Ooops! The $704.95 bid is for 2 coins. So $704.95 is within the sales ranges seen for two silver P coins.

 
At June 1, 2011 at 5:31 PM , Anonymous Anonymous said...

$2,800 for 10 ATB-P Coins, and I'm sure there are some out there who also are trying to keep up with the bullion releases. That could be another $1,200 for this year. The costs will flatten out in 2012 and beyond, but this ramp-up year definitely hurts.

The $2,800 also assumes that the price for the five, 2011 "P" coins will be consistant with 2010.

Michael - any hints from the Mint as to estimated pricing and populations for the 2011 "P" releases??

 
At June 1, 2011 at 5:37 PM , Blogger SunTzu said...

Plus that auction is for both coins. Still a hefty premium. Are folks asleep at the wheel when these came out? They had an abundant amount of time to purchase them. It wasn't like the Lincoln Chronicles or something where I would understand that someone missed out and wanted to add the set to their collection.

Like I mentioned in another post, there is just too much being offered! I'm complaining simply because I can't afford it all.

For me, I can't justify the huge expense if I am not going to see a return on the secondary market in the future. Unfortunately, I need to see it like this in order to justify shelling out THOUSANDS of dollars to support a hobby. I don't have that luxury. If I read on this blog that low numbers towards the end of a production run are trending towards a viable secondary market coin, then I'll strongly consider investing in one (assuming the financing is there!)

 
At June 1, 2011 at 5:47 PM , Anonymous Anonymous said...

Just my 2c: Purchase the coins you like and will keep as a collector in a collection, however small. Even if you are the most ardent of flippers, maintain a small collection which you will not trade even under the pain of death. I am a collector and most of my coins are judicious picks for a collection. You will see the returns in the future, and a big part will be the coin, its history, the art, technology, your history with the coin, and finally its value. All mint coins in my collection are in OGP and I have no interest what ever in the troika of of pcgs-ebay-paypal. One of my favorites is a 1941 silver half I acquired in loose change when I went to a bank and asked for a roll.

 
At June 1, 2011 at 6:10 PM , Anonymous Anonymous said...

The Mint cut out a number of products at the end of 2008 stating that they had too many offerings. There are too many offering now in 2011. I will bet that some more cuts are on the way at the end of this year.

 
At June 1, 2011 at 6:12 PM , Anonymous Anonymous said...

I wish I could afford to buy all the 5 oz as they come up for sale, but I won't be able to. So I decided to buy the first five and thereafter be selective and just purchase the ones that are personally significant to me. I still want to buy the American Eagle Proof on June 30th ... hope the price of silver doesn't sky-rocket. I envy the folks that can buy them all without pain!

 
At June 1, 2011 at 6:49 PM , Anonymous Anonymous said...

I'm thinking along the lines of commenter 6:12. This total may be too much for me. I too am shooting for the first five of the series and after that its assessment time to see what the market is doing, silver prices, my situation, is the series a dying interest like the spouses, etc.


So far I'm not impressed with the series. The Hot Springs is primarily shows a government bldg. and I agree the Yellowstone is cartoonish. The 2011's appear to be better designs but coin pictures are notorius for looking better on paper. This could be a quick flipper set so I can get to something else.

 
At June 2, 2011 at 12:52 AM , Anonymous Anonymous said...

Most of the US Mint's precious metal offerings are too costly for me. Sure, folks who bought years ago can be pleased that their purchases from years ago have appreciated nicely. But for those who are buying now and enjoy collecting for sheer pleasure, escalating costs are making it more and more difficult to enjoy the past time.

With that being said, I cannot see how (or why) the US Mint would drop their sales price for the 5 ounce P silver coins. The first two have sold out at $280. What would you do? I would probably RAISE the price if the coins continued to sel.

 
At June 2, 2011 at 4:18 AM , Anonymous Anonymous said...

in my opinion, the 2010 ATB 5 oz designs will be considered as classics, on par with the indian cent, buffalo nickel and liberty walking half dol. This is the same as in the Great Depresion when everyone hoarded silver, the silver commems many many produced in '35-6, they had great designs such as Indians, Oregon Tr., Civil War heros North and South, and Geo. Washington.
For 2010 ATB 5 oz i think the Yellowstone is particularly a classic, Yosemite, Grand Canyon, and Mt. hood are also works of art, worth far above the silver content.

Some 2011 designs are also cool, in particular Gettysburg and Vicksburg.
However, Glacier and Olympic look too similar.

All the 2012 designs I don't care for much, in particular the bird design, the lighthouse bldg?, and volcano.

if i can work overtime, i'd like to purchase the Gettysburg and Vicksburg.

 
At June 2, 2011 at 6:19 AM , Anonymous Anonymous said...

I will also buy the first 5 ATB only. At 27,000 of each, these are the only winners. 2011 and foward will have too many minted. I will only purchase what I like after that.

 
At June 2, 2011 at 6:26 AM , Anonymous Anonymous said...

"in my opinion, the 2010 ATB 5 oz designs will be considered as classics, on par with the indian cent, buffalo nickel and liberty walking half dol."

Everyone is entitled to their opinion, but I wholeheartedly disagree with you. Uhhh...these aren't coins...they are large round chunks (pucks if you will) of silver with images on them. Putting one in my pocket will result in my pants falling off. Furthermore, they take up a lot more space than a standard sized coin, which IS a consideration. The 5 ouncers are oddities...nothing more.

That said, I do agree that low mintages will result in higher values for these oddities. At 27K, these will go up substantially within a few years; not because they are classics, but because they are rare and odd.

 
At June 2, 2011 at 7:45 AM , Anonymous Anonymous said...

Is it likely the 2011 and later 5 oz unc's from the mint will sell more than 50 or 60 large? I have some doubts. Prices are gonna keep goin' up, the economy is not that great, and these things cost an arm and leg for a silver product. Sure there are at least 30 or 40 thousand guaranteed sales but much more than that? I don't see it.

 
At June 2, 2011 at 9:48 AM , Anonymous Anonymous said...

Uhhh...These are coins indeed so get over it. Just because they are different than what you keep in your piggy bank doesn't disqualify them as coins. Here's a couple of dictionary descriptions for you. And by the way if you bought some of these shame on you for dogging these coins.
"A piece of metal stamped and issued by the authority of a government for use as money."
"A metal disc or piece used as money
"Metal currency, as opposed to securities, paper currency, etc."

Yes, these coins are a form of currency. Much more reliable than that paper stuff.

 
At June 2, 2011 at 2:11 PM , Anonymous Anonymous said...

As I look at the differing opinions on these coins I see their strengths. Different people can enjoy collecting and appreciating different sets of these coins.

I like the scenic otdoors with wildlife, I love the "National Parks". I can see others collecting the historic sites. Like others, I already want to get rid of my extra Hot Springs, but the Yellowstone will be a "must have" even if the art work is elementary.

I love Glacier and Olympic and the Puerto Rico and Denali designs for next year. Collect what you like because the shear expense means that is all most will be able to do.

 
At June 2, 2011 at 5:41 PM , Anonymous Anonymous said...

I really like the Yellowstone -P over the bullion version. It is not flashy and mirror-like, but has a dreamlike quality to it. I believe that it will be the definitive version of the two in future. The "sandblasting" technique definitely works for some of these coins!

 
At June 2, 2011 at 6:58 PM , Anonymous Anonymous said...

"Everyone is entitled to their opinion"

that's cool with me, i just collect things i like for fun, not for profit. if the ATB prices go down, i don't mind i like the designs.
probably wouldn't use 'em in the vending machines though.

 
At June 2, 2011 at 8:07 PM , Anonymous Anonymous said...

Just got today my Hot Springs P replacement. I thought they wouldn't replace it because it sold out already but they did. No more scratches on this coin.

 
At June 3, 2011 at 4:46 AM , Anonymous Anonymous said...

there may be a price change for the Yosemite National Park coin, the mint doesn't show a price in upcoming prodcts.

 
At June 4, 2011 at 6:58 AM , Anonymous Anonymous said...

Got mine last Tuesday, it is flawless just like my NP1.

 
At June 4, 2011 at 10:50 PM , Anonymous Anonymous said...

Regarding Yosemite's price, I'm confident that the price will remain $279.95. I think the Mint just didn't want to commit themselves to that price just yet in case silver makes a violent move upward shortly before sales are slated to begin.

Unless that happens, the Mint would receive severe tongue lashings for a price increase. Silver spot is still a few dollars less than what it was when the initial price level was determined for Hot Springs, at least at the tiem of this writing.

 

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