Wednesday, September 7, 2011

the 2010-P Mount Hood National Park Silver Uncirculated Coins

"LandepNews"
The United States Mint has removed the household ordering limit for the 2010-P Mount Hood National Park Silver Uncirculated Coins. The product originally went on sale July 28, 2011 with an ordering limit of only one per household.
Sales for the fifth numismatic release of the five ounce silver coins has been slower compared to the initial releases. The Hot Springs coin had sold approximately 25,000 in the opening period and had sold out after 15 days. The Yellowstone coin sold 24,626 in the opening period and also sold out after 15 days. For the entire offering period for these two designs, an ordering limit of one per household remained in place.
Subsequent releases did not experience rapid sell outs and each had the ordering limit removed for a portion of the sales period. The Yosemite coin had initial sales of 20,511, the ordering limit was removed after 30 days, and a sell out occurred after 41 days. The Grand Canyon coin had initial sales of 19,300, the ordering limit was removed after 41 days, and a sell out occurred after 65 days.
The Mount Hood offering is now been available for 41 days. The number of units sold per week has shown a quick deceleration.
The table below shows the number of units sold for each weekly reporting period. The aggregate sales through August 29 are 19,645 out of the 27,000 maximum. (A sales report for this week is expected to be available late today or tomorrow.)
8/1/11 14,759
8/8/11 2,745
8/15/11 1,198
8/22/11 640
8/29/11 303

The sixth numismatic release for the America the Beautiful Five Ounce Silver Coins featuring Gettysburg National Military Park is scheduled for release September 22, 2011. Details regarding the maximum mintage, pricing, and household limit have not yet been provided.
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