Over on Coin Update, the latest US Mint numismatic sales report has just been posted. It contains the debut sales figures for the Alice Paul Suffragist Gold Coins.
From the start of sales on October 11 to the reporting date of October 15, orders have been placed for 1,808 proof and 1,394 uncirculated coins. The total sales of 3,202 coins accounts for 24.63% of the maximum authorized mintage of 13,000 coins.
In the post leading up to the release, I had discussed some of the factors working both for and against the offering. It seems that the net impact was positive, as the opening sales have eclipsed the levels of the prior three releases of the series. The table below shows the debut sales figures for the 2011-dated releases compared to the most recent release.
First Spouse Gold Coin Debut Sales Figures
The US Mint has still not provide a schedule for the release of the other three 2012-dated First Spouse Gold Coins. Whether these are released in rapid succession or at a more gradual pace may play a factor in how sales develop for these releases.
The price of gold has turned down over the past few days, but it likely will not be enough to result in a price decrease for numismatic gold products. The higher market prices for earlier within the weekly period keep the average price within the same tier. The same is true of platinum.