According to the US Mint’s website, the individual 2013-W Proof Silver Eagle has sold out. This is the third year in a row that this popular product has sold out well before the end of the year.
Sales for the 2013 Proof Silver Eagle originally began at the US Mint on January 24, 3013. Opening orders were slower compared to the prior two years, however the pace of orders remained brisk throughout the year. The coin typically represented one of the US Mint’s top sellers on the weekly sales reports.
Recently, weekly sales had spiked, with 29,613 units orders in the previous reporting period. and an indication of 29,025 units ordered in the week just ahead of the sell out. Sales data shows total orders at 880,030 units. This is a bit higher than recent prior years.
Update: The final figures in this week’s sales report show sales of 862,845 for the individual 2013-W Proof Silver Eagle.
In 2011, the individual proof Silver Eagle had sold out on November 22 after reaching sales of 850,000. In 2012, the sell out had occurred on November 13 when sales had reached 819,217.
Although the individual 2013 Proof Silver Eagle has sold out, the coin does remain available within the 2013 Congratulations Set, which is priced at $54.95. This is $2 higher than the last pricing of $52.95 for the individual proof.
The coin will also be included within the upcoming 2013 Limited Edition Silver Proof Set. This product which is scheduled for release on December 12, 2013 is expected to contain the 90% silver proof dime, quarters, and half dollar, along with the 2013-W Proof Silver Eagle. Pricing for this product has not yet been provided.
There have been a few other important developments today.
The US Mint revealed the design selections for the 2014 America the Beautiful Quarters. Images and descriptions of the five designs can be found in this article. I plan to cover the designs in more detail within an article on Mint News Blog later this week.
Second, sales for the American Silver Eagle bullion coins have moved into record territory. Year to date sales are now 40,175,000, which exceeds the prior annual sales record of 39,868,000 reached in 2011. The US Mint will continue sales of the 2013-dated Silver Eagles until a final allocation on December 9, so the record total should continue to climb to higher levels during the coming weeks.