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| Above, the standalone 2023 American Silver Eagle Proof coin. Photo by Armand Vaquer. |
Talk about being at the right place and at the right time.
The U.S. Mint released its 2023-W American Silver Eagle Proof coin on March 2. I attended the National Money Show of the American Numismatic Association in Phoenix on March 4. The U.S. Mint had a booth at the show selling their goods, including the 2023-W American Silver Eagle Proof coin sets.
(For an article by Numismatic News on the U.S. Mint's offerings this year, go here.)
The sales numbers are now out and they are down from last year's sales.
I bought the single standalone coin, which cost $80. It was signed by U.S. Mint Director Ventris C. Gibson on the Certificate of Authenticity and on the box lid.
Coin News reported:
Early United States Mint sales figures are in for the 2023-W Proof American Silver Eagle.
Released March 2 in three options, by itself, in 40-coin packs for authorized bulk buyers, and as a part of the 2023 Congratulations Set, the 1-ounce silver coin reached combined sales of 420,199, marking a sizable 37.7% drop from last year’s coin which logged early reported sales of 673,987.
In breaking down the numbers by product, sales through March 5 for the 2023-W Proof Silver Eagle include:
- 335,209 coins for the standalone option (product code 23EA),
- 50,200 coins for the 40-coin bulk option (23EA040) with 1,255 units sold, and
- 34,790 coins as a part of the Congratulations Set (product code 23RF)
Since the economy is dicey right now at best, with a recession possibly looming (some economists say), it is understandable why sales are down.
To read more, go here.
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