US Mint Sales: 2024 Proof Set Hits 286K After Just Over Six Months

The U.S. Mint has recently reported a significant boost in its sales. This increase was partly due to a special promotion that offered up to 30% off on selected products. Among the key highlights for collectors are the 2024-S Proof Morgan and Peace Silver Dollars, which had their first full week of sales results. Let’s dive into the details!

Key Highlights of U.S. Mint Sales

During the first week after their launch, the 2024-S Proof Morgan and Peace Silver Dollars saw impressive sales. Here are the figures:

  • Initial Sales: The Morgan and Peace dollars started with a total of 353,901 coins sold in the first four days. This was split between 185,542 Morgan dollars and 168,359 Peace dollars.
  • Week One Update: By the end of the first week, sales jumped to 371,668 coins. The updated figures show 194,394 Morgan dollars (+8,852) and 177,274 Peace dollars (+8,915).

These sales indicate that collectors are very interested in these two coins.

2024 Proof Set Performance

The 2024 Proof Set also performed well, reaching 286,884 sales after just over six months on the market. This is a rise of 6,612 coins from the previous week. For comparison, the 2023 Proof Set had even stronger sales in its first six months, totaling 368,534 coins sold, which is more than 81,000 more than this year’s set.

U.S. Mint’s Top Sellers

The following table shows the most popular products from the U.S. Mint for the week ending on September 22:

Product NameSales GainTotal Sales
2024 Proof Set+6,612286,884
2022-W Uncirculated Silver Eagle+6,103170,703
2024-S Proof Morgan Silver Dollar+5,052182,754
2024-S Proof Peace Silver Dollar+4,635165,634
2018-W $10 American Liberty Gold Coin+3,20668,584
2021 Silver Proof Set+1,486305,289
2019 Silver Proof Set+1,475415,365
2021 American Innovation Dollar Proof Set+1,41388,426
2020 American Innovation Dollar Proof Set+1,340108,407
2019 American Innovation Dollar Proof Set+1,340149,892

Sales Trends and Observations

According to the latest report from the U.S. Mint, a total of 491 numismatic products were tracked. Out of these, 96 products had higher sales compared to the previous week, showing a strong interest in these items. Notably, 14 products saw an increase of over 1,000 units, which is a good sign of growing interest.

However, not all products had a good week. Six items reported negative sales, a rare occurrence for the Mint. Four of the five 2024 quarter ornaments lost sales, with declines ranging from 61 to 66 coins.

Conclusion

In conclusion, the U.S. Mint’s sales report shows a strong interest in their products, particularly the new 2024 Proof Set and the Morgan and Peace Silver Dollars. The ongoing customer appreciation promotions are likely contributing to this surge in sales. Collectors should keep an eye on these trends as the year progresses, especially with the Mint continuing to release new products. Understanding these sales patterns can help collectors make informed decisions about their purchases.

EDUCAL

FAQ’s

What is the 2024 Proof Set?

The 2024 Proof Set is a collection of specially minted coins released by the U.S. Mint in 2024. It features high-quality coins that are popular among collectors, known for their clear designs and shiny surfaces.

Why are the 2024-S Proof Morgan and Peace Silver Dollars popular?

These coins are popular due to their historical significance and limited availability. The Morgan and Peace Dollars are iconic designs that many collectors seek to add to their collections, making them highly sought after.

How can I participate in U.S. Mint promotions?

You can participate in U.S. Mint promotions by visiting their official website. They often offer discounts and special promotions on select products, which can make it easier for collectors to purchase their favorite coins at a lower price.

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