Lackluster Support for 5-Star Generals Commemorative Coins' Debut, Reports Gold Coin

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The U.S. Mint’s most recent sales report shows support for specialty and numismatic gold coins is waning while bullion sales soar, reports America’s Gold Coin Superstore, Gold Coin.

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The opening sales numbers for the U.S. Mint’s latest commemorative coin program, the 5-Star Generals series, were released this week and it appears as though gold coin buyers are leaning more towards bullion items than specialty coins and sets. The 5-Star Generals coins, which feature George Marshall, Douglas MacArthrur, Dwight Eisenhower, Henry Arnold, and Omar Bradley, respectively, are available in $5 (1/10th oz.) gold coins, silver dollars and silver-clad half dollars.

The 5-Star Generals coins first became available on March 21, 2013, and through March 25, 2013, sales figures are as follows:

-1,309 proof gold coins
-1,674 uncirculated gold coins
-14,288 proof silver dollars
-8,110 uncirculated silver dollars
-8,538 proof half dollars
-6,372 uncirculated half dollars
-4,900 three coin proof sets

These numbers are substantially lower than commemorative coin programs from previous years. Meanwhile, the American Eagle and American Buffalo gold coin programs have met or surpassed sales goals each month so far this year. Some analysts believe that this could be due to the U.S. Mint’s relatively high markup on numismatic coins as well as investors’ current appetite for safe haven assets such as gold bullion coins.

Gold Coin (GoldCoin.net) is America’s Gold Coin Superstore with over two decades of experience advising household investors on smart physical gold and silver investments and gold coin IRA and 401k plans. They buy and sell all types of gold, silver and platinum coins and offer free delivery directly to your door. For more information or a free “Gold Coin Starter Kit,” visit http://www.goldcoin.net or call 1-800-425-5672 today.

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Arthur McGuire
Gold Coin
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