Yesterday, the 2009 District of Columbia & U.S. Territories Quarters Silver Proof Set sold out at the United States Mint. This product originally went on sale March 23, 2009, meaning it has been available for more than 19 months.
The six coin set had been the focus of some recent attention due to its rising intrinsic value. Each 90% silver quarter within the set contains 0.18084 ounces of silver, yielding a total silver content of 1.08504 ounces per set. When silver was trading at its recent high of $24.49 per ounce, the silver value of the coins included in each set had reached $26.57. This was approaching the US Mint issue price of $29.95.
The 2009 silver quarter sets were also priced $3 below the 2010 America the Beautiful Quarters Silver Proof Set. In addition to the lower price, the 2009 set also contained six coins compared to five for the current year set, adding to the bargain factor.
Despite the long period of availability, the last reported sales for the 2009 DC & US Territories Silver Proof Set come in at 298,562. This actually represents the lowest sales for one of the US Mint's separate 90% silver quarters sets.
Since the introduction of the separate 90% silver quarter sets in 2004, sales have ranged from a high of 672,662 (2007) to a low of 429,021 (2008).
The six 90% silver DC & US Territories Quarters were also available within the full 2009 Silver Proof Set. Sales had reached 694,406 when product offering concluded on June 15, 2010.
Coin Update News: Latest US Mint Sales Report
No comments:
Post a Comment