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<p>[QUOTE="yakpoo, post: 1261502, member: 18157"]Well, another week gone by and we're another week closer to the 2010 Silver Proof sellout. Sales popped for the 2011 sets, but sales were only up marginally for the 2010 sets...or course, sales of the 2010 sets were suspended for most of the week. </p><p><br /></p><p>What's interesting is that both silver and gold came down quite a bit in the past few days...the suspended gold products are back on sale, but the 2010 silver sets are still suspended. It's <b>[FONT=&amp]almost [/FONT]</b>as though the Mint knows what will happen to the price of PMs before it happens. </p><p><br /></p><p>If the Mint resumes sales of the 2010 sets at current prices, I would expect to see sales shoot up...for a week, anyway. However, since the sets are still suspended, the Mint may be serious about a price hike this time. I can't see them raising the prices of the 2010 sets above the current price of the 2011 sets without raising prices for the 2011 sets, also. </p><p><br /></p><p>That presents a dilemma if the Mint has a lot of 2010 sets left to sell. If they raise the price to equal the 2011 prices, who's going to buy them? Why buy last year's higher mintage set when you can get this year's lower mintage set for the same price? It should be interesting to see what the Mint actually does.</p><p><br /></p><p><b>Silver Proof set sales as of 7 September, 2011...</b></p><p><b> </b></p><p> </p><p> <b>[FONT=&amp]2010 [/FONT]</b>[FONT=&amp]Silver Proof Set sales: <b>490 </b>for a total of <b>572,387</b></p><p><b>2011 </b>Silver Proof Set sales: <b>3,201 </b>for a total of <b>453,443</b></p><p><br /></p><p>The lowest mintage of any modern Silver Proof set was 1995 (<b>679,984</b>). The <b>average weekly sales </b>figures needed by the end of the year (<b>16 weeks left</b>) to equal that mintage are...</p><p><br /></p><p><b>2010 </b>Silver Proof Set: (679,984 – 572,387) / 16 = <b>6,725</b></p><p><b>2011 </b>Silver Proof Set: (679,984 – 453,443) / 16 = <b>14,159</b>[/FONT][/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1261502, member: 18157"]Well, another week gone by and we're another week closer to the 2010 Silver Proof sellout. Sales popped for the 2011 sets, but sales were only up marginally for the 2010 sets...or course, sales of the 2010 sets were suspended for most of the week. What's interesting is that both silver and gold came down quite a bit in the past few days...the suspended gold products are back on sale, but the 2010 silver sets are still suspended. It's [B][FONT=&]almost [/FONT][/B]as though the Mint knows what will happen to the price of PMs before it happens. If the Mint resumes sales of the 2010 sets at current prices, I would expect to see sales shoot up...for a week, anyway. However, since the sets are still suspended, the Mint may be serious about a price hike this time. I can't see them raising the prices of the 2010 sets above the current price of the 2011 sets without raising prices for the 2011 sets, also. That presents a dilemma if the Mint has a lot of 2010 sets left to sell. If they raise the price to equal the 2011 prices, who's going to buy them? Why buy last year's higher mintage set when you can get this year's lower mintage set for the same price? It should be interesting to see what the Mint actually does. [B]Silver Proof set sales as of 7 September, 2011... [/B] [B][FONT=&]2010 [/FONT][/B][FONT=&]Silver Proof Set sales: [B]490 [/B]for a total of [B]572,387[/B] [B]2011 [/B]Silver Proof Set sales: [B]3,201 [/B]for a total of [B]453,443[/B] The lowest mintage of any modern Silver Proof set was 1995 ([B]679,984[/B]). The [B]average weekly sales [/B]figures needed by the end of the year ([B]16 weeks left[/B]) to equal that mintage are... [B]2010 [/B]Silver Proof Set: (679,984 – 572,387) / 16 = [B]6,725[/B] [B]2011 [/B]Silver Proof Set: (679,984 – 453,443) / 16 = [B]14,159[/B][/FONT][/QUOTE]
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