The latest US Mint sales report has just been posted over at Coin Update News. The report includes the opening sales figures for the 2010 Boy Scouts of America Centennial Silver Dollar. As expected, the opening numbers were strong, but there is still some way to go before a sell out.
Through March 29, 2010, the US Mint reported combined sales of 214,673. This total is made up of 144,732 proof coins and 69,941 uncirculated coins. The maximum authorized mintage for the commemorative coin program is set at 350,000 across all ordering options.
To put the opening numbers in perspective, the 2010 American Veterans Disabled for Life Silver Dollar, which went on sale February 28, 2010, recorded opening sales of 98,358. Total sales to date are now 179,052.
From last year’s programs, the 2009 Abraham Lincoln Silver Dollar had debut sales figures of 177,722. The 450,000 coins allocated for individual sales had sold out after just over one month. The 2009 Louis Braille Silver Dollar recorded debut sales of 70,274 and eventually sold 167,526 coins across all options.
Using these recent commemorative coin issues as a guideline, it seems fair to say that the Boy Scouts Silver Dollar will sell out within a month at the most. Perhaps sooner, as I think the pace of sales will remain more buoyant as compared to other commemorative coin issues.
Check out the full sales report at Coin Update News.