Late yesterday, updated sales statistics were provided for the 2014 National Baseball Hall of Fame Commemorative Coins in the weekly Coin Update numismatic sales report. The figures confirm the sell out of the $5 gold coins and provide the split between the proof and uncirculated options. The silver dollars and half dollars have seen their numbers climb, but for now remain well below sell out levels.
The sales figures for the coins as of the March 30, 2014 reporting date are as follows:
|$5 Gold Coins||32,000||18,000||50,000|
|Clad Half Dollars||67,236||44,144||111,380|
The figures show that for the $5 gold coins, 64% of the coins sold were in proof format with 36% in uncirculated format. At the onset, the US Mint had indicated that customer demand would determine the ratio of proof to uncirculated coins minted within the authorized mintage limit.
Silver dollar sales have reached 228,525 across both options, up by 71,850 from the opening day sales number. The latest cumulative total represents 57.13% of the maximum authorized mintage of 400,000 pieces.
The clad half dollars have reached sales of 111,380 across proof and uncirculated options, up by 38,026 from the opening day sales number. The cumulative total represents 14.85% of the maximum authorized mintage of 750,000. Later in the year, the US Mint plans to release a Young Collectors Set containing the uncirculated version of the half dollar, which should serve to bolster sales.
The ordering limits of 100 coins per version for silver dollars and half dollars remain in place. The US Mint has indicated that the limit would be evaluated on a regular basis and adjusted or removed accordingly.
The 2014 Baseball Hall of Fame Coins have been seeing some huge premiums on eBay, particularly for the sold out gold coins and certified examples which pedigree the coins to the initial release at the Whitman Coin and Collectible Spring Expo held in Baltimore. For coins submitted at the show, PCGS has given a designation “Baltimore First Pitch” and NGC has given a designation of “Opening Day Releases”. The NGC holders also include the National Baseball Hall of Fame logo, with a portion of grading fees to benefit the organization.
Completed auction listings show the gold coins recently selling for prices ranging from about $650 to $700 per coin. Examples of any of the coins certified by PCGS or NGC with the special designations have been commanding even more substantial premiums. Examples of the certified and designated silver dollars and half dollars graded Proof-70 or MS-70 have sold for $400 and upwards. There have been fewer examples of the specially encapsulated gold coins to change hands, but sales prices for these have stretched into the thousands of dollars.