Last week was busy for the US Mint. They launched three new products, including two holiday ornaments and a silver medal honoring Grover Cleveland. This article looks at how these products performed in sales and what that means for collectors.
New Products Launched
The U.S. Mint released two new holiday ornaments and the Grover Cleveland Presidential Silver Medal. The Grover Cleveland medal is a special silver piece that weighs one ounce and is made of .999 fine silver. It was priced at $90 and released on October 2. The medal had a strong start, selling 13,784 units right away. This makes it the best-selling Presidential medal since 2022, just behind the Abraham Lincoln medal, which sold 19,435 units.
The holiday ornaments were also popular. The 2024 U.S. Mint Ornament, featuring this year’s Kennedy half dollar, was released on October 1 for $35 each. It sold 3,344 units. Additionally, the 2024 Mighty Minters™ Ornament, designed especially for kids, sold 2,211 units. These ornaments sold more than last year’s ornaments, which is a good sign for collectors.
U.S. Mint Top Sellers
Here is a list of the U.S. Mint’s most popular products for the week ending October 6:
| Product | Sales |
|---|---|
| 2024 Grover Cleveland Presidential Silver Medal | +13,784 |
| 2024 Proof Set | +3,774 |
| 2024 U.S. Mint Ornament | +3,344 |
| 2024 Mighty Minters Ornament | +2,211 |
| 2024 Mint Set | +1,606 |
| 2024-W Proof Silver Eagle | +1,329 |
| 2024 Silver Proof Set | +836 |
| 2024 American Innovation Dollar Proof Set | +325 |
| 2024-S Proof Silver Eagle | +278 |
| 2024 American Women Quarters Proof Set | +239 |
Overall Sales Performance
The U.S. Mint reported on 494 numismatic products, showing that 68 products sold better than the week before. This number is slightly lower than the 71 products that improved in the previous report.
However, two products had negative sales. The 2024-S Proof Morgan Silver Dollar saw a big drop of 20,127 units, while the 2024-S Proof Peace Silver Dollar fell by 13,391 units. This means not all products are doing well, even with the recent launches.
Conclusion
The recent product launches from the U.S. Mint have excited collectors and buyers. With strong sales for the Grover Cleveland medal and holiday ornaments, it’s clear that people are interested in these new items. Although some older products are struggling, the overall trend shows growth in the numismatic market. As more collectors become interested in new releases, the future looks bright for the U.S. Mint.
FAQ’s
What are the best-selling products from the U.S. Mint this week?
The best-selling products include the 2024 Grover Cleveland Presidential Silver Medal, which sold 13,784 units, and the 2024 Proof Set, which sold 3,774 units.
How did the new holiday ornaments perform in sales?
The new 2024 U.S. Mint Ornament sold 3,344 units, while the 2024 Mighty Minters Ornament sold 2,211 units, indicating strong interest compared to last year’s ornaments.
Did any products have negative sales this week?
Yes, the 2024-S Proof Morgan Silver Dollar and the 2024-S Proof Peace Silver Dollar both saw significant sales drops of 20,127 and 13,391 units, respectively.