2010 Proof Boy Scout Centennial Silver Dollar Reaches Sell-Out Level
Silver Coins, United States Coins Monday, June 21st, 2010
Taking much longer than most had anticipated, the 2010 Boy Scouts of America Centennial Proof Silver Dollar sold out late last week from the US Mint.
The coins originally launched on March 23, 2010 along with an uncirculated version counterpart. Total mintage of both was set at 350,000 by the Boy Scouts of America Centennial Commemorative Coin Act (Public Law 110-363) which was signed by President George W. Bush on October 8, 2008.
It should be noted that technically the US Mint has not declared the coins a sell-out, as of yet. What it has done is placed any additional orders for the proof coins on a waiting list. The Mint will use the list on a first-come first-served basis if additional coins become available. This means that all of the coins in the authorized mintage have been sold, but if some of those orders are cancelled or returned, then those on the list have a shot at their orders being fulfilled.
The waiting list procedure is not uncommon from the Mint. In fact, it used the same method for the Uncirculated Scout Silver Dollars earlier this year when it placed them on a waiting list only option on April 26, 2010.
Initial ordering for the Scout coins when first available was quite high. In less than one week, over 200,000 of the coins had been sold, accounting for over 60% of the total mintage. However, interest declined rapidly taking over a month before the uncirculated coins reached their sell-out level of an estimated 105,000 coins.
Add on another almost three months before these proof coins reached their total mintage estimated at 245,000. These numbers represent a 70/30 split of proof to uncirculated coins.
See World Mint Coin's page on the Scout Proof Coins for more information.
Related World Mint Coins articles:
- 2010 Boy Scout Centennial Silver Dollar Approaching Sell Out
- Majority of Boy Scout Commemorative Centennial Silver Dollars Sold Already
- Boy Scout Centennial Silver Dollars Released Yesterday
Posted by World Mint Coins Staff
on Jun 21 2010. Filed under Silver Coins, United States Coins.
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