The 2014-P Great Smoky Mountains National Park Five Ounce Silver Uncirculated Coin is now indicated as sold out on the United States Mint’s website.
The coins had originally gone on sale about six weeks ago on April 7, 2014 priced at $154.95 with a maximum mintage of 25,000 pieces. A discounted price of $139.45 was available for orders placed through the US Mint’s Online Subscription Program.
Sales for the product had opened extremely strong reaching 21,415 units in less than a week, accounting for 85.7% of the maximum mintage. The strong opening seemed to have been driven by the discounted price available through the subscription program, which drove more sales into the debut period and/or encouraged more orders.
Based on the strong opening, a near term sell out seemed to be a possibility, however the pace of sales settled into a significantly slower pace, with subsequent weekly sales adding 1,426 units, 476 units, and then just 101 units before regaining some steam. The release of the next coin in the series featuring Shenandoah National Park last week seemed to provide the final impetus to reach a sell out.
The latest weekly sales report published yesterday, showed the Great Smoky Mountains coin at sales of 25,421 units, which is actually higher than the 25,000 maximum mintage. The US Mint marked the coins as sold out on their website earlier today.
The Shenandoah coins, which have a higher maximum mintage of 30,000, debuted at sales of 20,120 pieces.