According to the United States Mint’s website, the 2012-P Hawai’i Volcanoes National Park Five Ounce Silver Uncirculated Coin has sold out. The product had only been available for sale for less than four months. This is a stark change from last year, when numismatic products routinely remained available for a year or more.
The 2012-P Hawaii Volcanoes Five Ounce Silver Coins originally went on sale September 24, 2012. Initially, the coins were priced at $204.95 each, but this was raised to $229.95 in early October. The United States Mint indicated a maximum mintage of 25,000 pieces, however based on the most recent sales figures, actual production was lower.
The table below shows the last reported sales figures for all of the 2012-P America the Beautiful Five Ounce Silver Uncirculated Coins:
|2012-P El Yunque National Forest||15,695|
|2012-P Chaco Culture National Historical Park||13,160|
|2012-P Acadia National Park||13,854|
|2012-P Hawaii Volcanoes||14,767|
|2012-P Denali National Park & Preserve||11,519|
Based on these sales figures, we can speculate that the US Mint may have produced 15,000 coins for the Hawaii design. The same number may have been used for some of the other designs. The El Yunque design is already above this level, but total production may have been higher since initial orders were stronger.
Other recent US Mint sell outs include the 2012-S Acadia National Park Quarter Rolls and the 2012 America the Beautiful Quarters Uncirculated Coin Set. I previously discussed the “S” mint marked circulating quality quarters in this post.
The continuing sell outs after only a short duration of availability are sure to have some impact on collector buying patterns. Going forward some collectors will be less prone to hesitate or delay purchases of numismatic products of interest.