Mintage Question - Platinum
Bithrate
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Anyone have the mintage numbers of the 2008 platinum eagles? Proof and unc.
Thanks!
Thanks!
0
Comments
1 oz........... 1135
1/2 oz........ 443
1/4 oz........ 571
1/10 oz...... 1040
4 coin set... 520
Platinum W unc sales figures as of 7-18-08 from N News
1 oz........... 103
1/2 oz........ 87
1/4 oz........ 165
1/10 oz...... 320
4 coin set... 281 >>
Thanks.
Otherwise, those are pretty low numbers. Looks like these might be keys one day down the line.
The numbers listed in this thread are from the issue mailed out on July 18th.
They keep running totals of all the proof and W Unc coins which are sold that year.
The number of bullion coins sold that month is also listed, but not a YTD total. A YTD total would not tell you the numbers for that year however as December sales could represent current year or next years sales. Platinum is a bit easier because many of the totals are zero every month.
Well, just Love coins, period.
For instance, the half ozer shows a 2008 mintage of 1,600. If you believe that number to be unreasonably low, then you must go back to the 1,800 pieces that were made in November in order to arrive at any number greater than 1,600.
Contast that to the 1/10 ozers, which only have 2,000 minted unless you consider the December production number of 4,000. That 4,000 might be split between 2007 and 2008 dates, or it could go 100% in either direction. I suspect that it's 100% one way or the other, because that makes the most sense in terms of a production run.
Another thing to consider is that the Mint's sales figures show that only a small number of the 1 ozers were even sold in January, and that no 1/4 or 1/10 ozers were even sold until May or June, respectively. Since I know that these denominations were being offered on ebay earlier than that, it seems obvious that some 2008 coins were produced and sold before January (which I do believe is somewhat illegal, incidently).
The only way to know for sure what's going on with the Plats is to have someone on the inside, working on the production floor - who actually knows and cares to keep track. Heaven knows that the Mint won't bother to tell us.
If you take the time to look at the Mint's production of Plats that is listed on the website, you do get some sense of how many are run at one time. From that point, you can speculate about which dates might be included in each of the months, based on how close it was to the end of the year when they were produced. But, it's still speculation no matter how you slice it.
I knew it would happen.
From 2007 Sales (Oct - Dec) From 2008 Sales
$10 - 4,000 (Dec).....................4,000
$25 - 1,800 (Nov)....................3,600
$50 - 1,800 (Nov)....................1,600
$100 - 2,000 (Oct - Dec)....................600
Estimated 2008 Bullion Coins Sold (based on sales from the last three months from 2007 + this year):
As of August 2008:
$10 - 8,000
$25 - 5,400
$50 - 3,400
$100 - 2,600
Just remember, this is just an estimate...
Thanks.
Well, just Love coins, period.
<< <i>Thanks for the clarification! >>
I think it is questionable if Oct, Nov & Dec figures all represent 2008 sales.
December I would agree is 2008 dated coins.
No. Those are the bullion coins only and that's adding the last three months of last year (2007) as a possible total maximum mintage as of August 1st, 2008. The numbers are absolute maximums and may include 2007 dated stuff. Again, that is only an estimate and it is anybody's guess how much of that stuff sold last year was dated 2007.
I think it is questionable if Oct, Nov & Dec figures all represent 2008 sales.
That's possible; although, $25s and $50s were last sold on November of 2007. No other $25s and $50s were sold until June 2008 (for the quarter) and February 2008 for the half. I bought a $25 dated 2008 in March 2008. If that coin didn't come from the November 2007 sale then it came from an unlisted sale at some point between 2007 and June 2008...
I thought you could order 2008 material say starting Dec 15, 2007 or something like that.
The bullion numbers are those numbers ordered or number shipped?
Because 2008 material can't ship in 2007 can it?
Because 2008 material can't ship in 2007 can it?
Ordered. They usually ship a few weeks before the year starts. You might be right. The 2008 dated material on those orders might be very low, very few dealers had 2008 dated bullion at the beginning of the year.
We might be in for a low mintage year all around...
I say this because typically I get my silver eagle and that is what I am told.
A low mintage for this year is likely I think, that is why I purchased one.