Today, September 4, 2014 at 12:00 Noon ET, the United States Mint began sales of the America the Beautiful Three Coin Set featuring the Great Sand Dunes National Park Quarter.
The Great Sand Dunes Quarter was officially released for circulation on August 25, 2014 when the US Mint also began sales of bags and rolls of circulating quality coins. An official launch ceremony for the coin was held the following week on September 4. The reverse design features a depiction of a father and son playing in the sand next to the creek bed with the distinctive mountains and sand dunes seen in the background.
The three coin set contains one uncirculated example of the coin from the Philadelphia Mint, one uncirculated example from the Denver Mint, and one proof example from the San Francisco Mint. The three coins are mounted together on a plastic card illustrated with an image from the park on the front and with issuance information on the back.
Each set is priced at $9.95. There are no stated product limits or household ordering limits imposed. This product is available through the US Mint Online Subscription Program and eligible for a 10% discount.
The previously released America the Beautiful Quarter Three Coin Sets for this year have seen total sales to date of 15,566 (Great Smoky Mountains), 13,705 (Shenandoah), and 11,479 (Arches).
50th Anniversary Kennedy Half Dollar Gold Proof Coin Sales
Based on the figures from the latest weekly numismatic product sales report, the 2014 50th Anniversary Kennedy Half Dollar Gold Proof Coin had negative sales for the week. This is the second time that the product has shown a weekly net decline in sales since the frenzied release a little over a month ago.
Sales for the eagerly anticipated product started on August 5, 2014, with opening day sales reaching 56,694. This amount exceeded the indicated initial production of 40,000 coins.
After the second day, cumulative sales rose by 5,006 coins to 61,700. Over the next ten days the pace of sales slowed dramatically, before the weekly sales dipped negative. After a modest rise, sales for the latest weekly period were once again negative. The negative weekly changes can occur when the number of order cancellations and product returns outnumber the new orders placed during the period.
A summary of the sales figures reported for the product since its launch are shown below.
Interestingly, the sales level at which the Gold Proof Kennedy Half Dollars have stalled is right around the equivalent level in ounces of gold and total sales revenue for the 2013-W Reverse Proof Gold Buffalo. The one ounce Gold Buffalo coin had an initial price of $1,640 per coin and last reported sales of 47,836 units. The three-quarter ounce JFK gold proof coin had an initial price of $1,240 per coin and current sales of 63,927. Based on these numbers, both offerings have sold roughly 48,000 ounces of gold and yielded roughly $79 million in revenue.
The US Mint may be seeing the upper limit for the amount of sales that can be generated by mint to demand, special issue gold coins.