The United States Mint has recorded sales of 3,758,025 of the Grover Cleveland (First Term) Presidential Dollars based on figures from the latest weekly sales report.
Sales began on May 25, 2012 with the 25-coin rolls, 100-coin bags, 250-coin boxes, and 500-coin boxes available from either the Philadelphia or Denver Mint. The reporting date is May 28, 2012, meaning that numbers reflect just the first three days of sales. A breakdown by product option is included below.
Grover Cleveland First Term Presidential Dollar Product Sales
This is actually a stronger debut than the previously released Chester Arthur Dollars, which had sold 2,866,600 coins within the debut period. The Arthur Dollars went on to experience an atypically strong second week, which pushed sales to 6,190,200 coins. As of the latest report, sales have reached 7,393,775. Some collectors have reported long delays in having their orders fulfilled.
The United States Mint indicated initial production of 6,720,000 for the Grover Cleveland Dollars. Depending on collector demand, production may be restarted during the current calendar year.
2011 Proof Platinum Eagle Pricing
As a reader pointed out, the pricing for the 2011 Proof Platinum Eagle should be reduced by the United States Mint today from $1,792 to $1,692 per coin. The new pricing is based on a market price of platinum within the $1,350 to $1,449.99 range.
Sales originally began just over a year ago on May 26, 2011. To date, the collectors have ordered 14,163 coins out of the 15,000 maximum mintage. Weekly sales have tended to be around 20 to 30 coins, although for this week, sales dipped into the single digits.
There is still no indication of when sales of the 2012 Proof Platinum Eagle might be offered. The US Mint has also not yet announced the reverse design selection which will be for the theme “For the Common Defence”. The CFA and CCAC recommended two different alternatives, which can be seen here. The final decision is up to the Treasury Secretary.