The opening sales figures are now available for the United States Mint’s 2012 Infantry Soldier Silver Dollar. Sales of the commemorative coins began on February 16, 2012, with individual proof coins, individual uncirculated coins, and the Defenders of Freedom Set available.
As of February 20, 2012, the US Mint has received orders for 12,191 uncirculated coins, 26,262 proof coins, and 16,222 of the Defenders of Freedom Sets, which contain the proof version of the coin. The total across all three options is 54,675, which represents 15.6% of the maximum authorized mintage of 350,000. The Defenders of Freedom Set is subject to a product limit of 50,000 units. So far, sales have reached 32.4% of the limit.
This week’s full sales report is available on CoinUpdate.
The opening figures for the 2012 Infantry Silver Dollars fall between the opening figures recorded for last year’s 2011 Army Silver Dollar and 2011 Medal of Honor Silver Dollar.
|Debut Sales||Final Sales|
|2012 Army Proof||46,895||119,829|
|2012 Army Uncirculated||20,698||43,517|
|2012 MOH Proof||25,156||112,850|
|2012 MOH Uncirculated||10,346||44,769|
|2012 Infantry Proof||42,484|
|2012 Infantry Uncirculated||12,191|
However, looking at some details behind the figures suggests that this year’s program may be more or less on the same track as last year’s programs. The Army coins had gone on sale January 31 with the debut sales calculated through February 6, basically an entire week. The Medal of Honor coins had gone on sale February 25 with the debut sales calculated through February 27, a much shorter period. By the following report, cumulative Medal of Honor Silver Dollar sales had reached 68,252 across both options, more or less in line with the debut figures for the Army Silver Dollars. By the end of the year, sales for both silver dollars ended up relatively close.
The Infantry Silver Dollar debut sales figures cover from February 16 to February 20, which is between the short debut period for the MOH coins and the longer debut period for the Army coins. Due to the inconsistencies in the time periods for opening sales, next week’s figures may provide a better idea of how sales of this year’s commemorative are progressing.
The individual options for the Infantry Silver Dollars will be available under introductory prices until March 19, 2012 at 5:00 PM ET. The Star Spangled Banner Silver Dollars and $5 Gold Coins are expected to go on sale March 5, 2012. Some collectors may be waiting until this date to purchase coins from both programs together.