2010 Boy Scout Centennial Silver Dollar Approaching Sell Out

Those interested in obtaining one of the 2010 Boy Scouts of America Centennial Silver Dollars had better hurry if they would like to do so directly from the US Mint and not from any of the secondary sources. That is because the most recent sales figures from the Mint show the Boy Scout Coins quickly approaching a sell-out status.

According to those  figures, 312,653 of the commemorative strikes have been spoken for.  This leaves only 37,347 coins remaining before the maximum mintage of only 350,000 is reached.  Once that number is attained, the Mint will be forced to remove the coins from availability.

When the Mint takes that step, interested buyers will have no other option but to turn to the secondary market to obtain them.  And, of course, that same sell-out status  should immediately push the price of the coins on the secondary market higher.  Thus, the best deal for anyone to get their hands on one of these coins is probably now, directly from the Mint.Unfortunately, as of 5:00 p.m. ET on Wednesday, April 21 - the introductory price of the coins was removed by the Mint, raising their cost to buyers to $35.95 for the uncirculated coin and $43.95 for the proof version.  Since their launch, they had been selling for $33.95 and $39.95 respectively.

A note of interest to potential buyers - current total sales show a tendency of past buyers to favor the proof coin over the uncirculated strike by a margin of at least 2 to 1.  This could be good news for the uncirculated coin holders who might see the value of their coins out-pace the proof strikes due to their more limited mintage.

The strikes themselves only released on March 23, 2010 and sold extremely well in their first few days of availability with over 214,000 accounted for by March 28th.  Interest definitely declined over the next few weeks with sales dropping first to 51,844 for the week ending April 4th and then to 23,875 for the week ending April 11th.  The next week saw numbers holding their own at 22,261 leaving very little room before the remaining 37,347 coins could be sold.

If you would like to find out more information on the coins themselves, you can go to our 2010 Boy Scout Proof Coin page or our 2010 Boy Scout Uncirculated Coin page.

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