Early this afternoon the U.S. Mint announced that first-day sales of the Ronald Reagan Coin and Chronicles Set totaled 21,511 units. The Reagan set is the last in an otherwise very popular series whose members contain the only Reverse Proof Presidential dollar coins.
The 2015 sets featuring Harry S. Truman and Dwight D. Eisenhower were released with production limits of 17,000 apiece, and each set sold out within 15 minutes of its release. The subsequent John F. Kennedy set was allowed a higher limit (50,000) and sold 45,613 units on its first day. The Lyndon B. Johnson set’s production limit was fixed at 25,000, a number that was gobbled up in about four hours. By comparison, the Reagan set’s sales are anemic at best.
In other news:
- The 30th-Anniversary Proof American Eagle continues to hold the top slot on the Mint’s numismatic sales chart, as it has since its debut on September 16. After 322,317 units sold in the first few days, the pace cooled off, and the coin posted weekly sales of 40,786, then 24,391, and this past week, 24,965.
- Last week’s release of the Theodore Roosevelt National Park three-coin set (released October 3) and 5-ounce Uncirculated silver coin (released October 6) resulted in 10,030 and 16,190 units sold, respectively, as of the Mint’s October 9 report.
- The Standing Liberty Centennial Gold Coin is proving to be a plodder at best. Its first-day sales of 47,884 amounted to almost half its mintage limit of 100,000; after that, sales dropped precipitously, with 5,494 coins reported sold over the next three days and 1,498 the next week. The household-order limit was raised, giving the coin a boost of 20,462 in sales the next week, then another fade to 4,029 the week after. On the latest Mint report the total sold was adjusted downward by 903, for a cumulative sales figure of 78,464.
Numismatic Hobby Forum
As we mentioned in early September, the U.S. Mint will be hosting a Numismatic Coin Forum in Philadelphia tomorrow, October 13. A limited number of individuals will be permitted to attend; the deadline for consideration for one of the available seats was September 16. The forum is part of the Mint’s preparations for its upcoming 225th anniversary. According to Rhett Jeppson, the Mint’s principal deputy director, the Mint is “looking for ways to improve the way we engage our customers and invigorate our relevance into the future.”