Yosemite Five Ounce Silver Uncirculated Coins on Waiting List
The US Mint has posted a "waiting list" notice for the 2010-P Yosemite National Park Five Ounce Silver Uncirculated Coin.
This notice signifies that the United States Mint has received orders to meet the maximum mintage limit for the product. Orders are still being accepting, but they will go on a waiting list, which will be fulfilled on a first come, first served basis in the event that any coins become available due to order cancellations.
Sales figures for the third numismatic release had been trending slower than the previous releases, which makes the apparent sell out an unexpected development.
The Yosemite coin went on sale June 9, 2011. Through the first US Mint sales report on June 12, total sales had reached 20,511 units. In the following week, sales of 2,593 units were recorded to bring the total to 23,104 on June 19. If the waiting list notice is correct, then an additional 3,896 have been sold since that date to reach the maximum mintage of 27,000 coins.
In total, the Yosemite National Park Five Ounce Silver Uncirculated Coins have been available for 14 days before the waiting list notice was posted. This compares to availability of 15 days each for the prior two releases featuring Hot Springs and Yellowstone National Park.
Yesterday, the US Mint reduced the price of the 2011 Proof Platinum Eagle. Since the start of sales on May 26, 2011, the coins had been priced at $2,092 each. The new price is $1,992 per coin, reflecting an average platinum price within the $1,650 to $1,749.99 range.
Today, the US Mint officially announced the details for the fourth numismatic ATB five ounce silver coin featuring Grand Canyon National Park. Sales will begin on June 29, 2011 at 12:00 Noon ET. The price per coin will remain at $279.95, and the same ordering limit of one coin per household will be imposed.
Details of the 2011 Proof Silver Eagle were also announced. Nothing has changed from the preliminary details provided earlier this month. Sales will begin on June 30, 2011. The coins will be priced at $59.95 each, and an initial ordering limit of 100 coins per household will be in place. There is no maximum mintage limit established.
Labels: America the Beautiful Quarters