The United States Mint has confirmed that the waiting list notice which previously appeared on the online product page for the Yosemite National Park Five Ounce Silver Uncirculated Coin was “inadvertently posted.” Based on the new report available today, sales have reached 25,338 out of the 27,000 maximum mintage.
The following statement has been provided by the Mint:
The 2010 America the Beautiful Five Ounce Silver Uncirculated Coins — Yosemite National Park are not sold out. Unfortunately, however, a message saying that a waitlist for the coins had been put into place was inadvertently posted to the United States Mint’s online catalog on June 23. As soon as we learned the message had been posted, we removed it. We also lifted the household order limits for these coins the week of July 4. We regret the error on our part and the inconvenience the posting of the waitlist language caused our customers.
It seems rather unusual that a notice incorrectly posted on the website would not be realized for more than two weeks. The appearance of the waiting list notice and the presumed sell out was reported at various online and print publications such as CoinUpdate.com, Mint News Blog, and Numismaster/Numismatic News. The presence of the notice also likely had an impact on the pace of sales over the past few weeks. Many potential customers viewing the notice may have chosen not to order since it indicates a reduced chance of the order actually being fulfilled.
With the waiting list notice and ordering limits removed, we may now see some indication of the level of demand for multiple coin orders.
The Grand Canyon Five Ounce Silver Coins continue to track slower than the Yosemite release. Sales have now reached 20,834, which compares to sales of 23,104 Yosemite coins over a comparable sales period.
Coin Update News: New US Mint Sales Report