American Silver Eagle 25th Anniversary Set Available

by Rhonda Kay on October 27, 2011 · 24 comments

The American Silver Eagle 25th Anniversary Set is now available from the United States Mint for $299.95, plus the standard shipping and handling fee of $4.95. The anniversary set, as expected, went on sale at Noon Eastern Time on Thursday, October 27, 2011.

2011 American Silver Eagle Anniversary Set

The U.S. Mint American Silver Eagle 25th Anniversary Set went on sale for $299.95 on October 27

This special release celebrates 25 years of the American Silver Eagle coin (read about this year’s coins). The United States Mint has been striking the one ounce .999 fine silver coins every year since 1986 in the bullion version and all but one year, 2009, in the numismatic proof version. The collector uncirculated strike has only been around a few times in the last five years.

Order Directly from United States Mint

[Update: All 100,000 sets have sold. The United States Mint placed the sets on a "waiting list" before 5:00 p.m. ET on Thursday. Those joining the waiting list "may" see their order processed if an old order is canceled. Details of the list process may be found on the product's online store page at http://catalog.usmint.gov.]

[Update 2: The Mint on Friday morning announced that the sets were sold out.]

Ever since the set was first announced in August, there has been a buzz about them. Demand is expected to be fierce, with likely delays in the early going for ordering online and through the phone. Proposed prices in the secondary market are already sky-high based on anticipated collector interest.

Orders for the 2011 American Silver Eagle Anniversary Set may be placed on the United States Mint website (http://catalog.usmint.gov), or its toll free number 1-800-USA-MINT (872-6468).

100,000 units will be sold, and there is an initial limit of 5 per household.

Eagle Coins in Anniversary Set

Each anniversary set contains five of the one ounce coins, each slightly different, and comes in a highly polished, lacquered hardwood presentation case with a Certificate of Authenticity. The coins are:

Coin Mint Mark Released Individually Price Latest Sales Figures*
2011 Bullion American Silver Eagle None January 3 Variable 36,375,500
2011 Proof American Silver Eagle W June 30 $58.95 783,787
2011 Uncirculated American Silver Eagle W September 15 $50.95 195,507
2011 Reverse Proof American Silver Eagle P No N/A N/A
2011 Uncirculated American Silver Eagle S No N/A N/A

 

**Sales figures are as of Monday, October 24, 2011, with the exception of the bullion coin which has an as of date of Wednesday, October 26, 201

The first three listed above have been available individually this year, as described in more detail later in this article. The last two, however, are unique and can only be acquired from the Mint in this 25th Anniversary Set — at least that is the expectations, thus making the set extra special to collectors. Tens of thousands of them will sell for that reason alone.

2011 American Silver Eagles - Bullion, Proof and Uncirculated

The bullion, proof and uncirculated coins (shown above) are three of the five coins that will be packaged within the American Silver Eagle Anniversary Set which is priced at $299.95.

Investors and collector demand has skyrocketed in recent years for Silver Eagles, another indication that the anniversary set will be a top seller in the Mint’s line-up.

American Silver Eagle 25th Anniversary Set Additional Details

The United States Mint has been selling the 2011 Bullion American Silver Eagle coins to its network of Authorized Purchasers in bulk orders since January 3, 2011. As of Wednesday, October 26, 2011, an impressive 36,375,500 bullion strikes have sold. The coin’s smashed the annual record earlier this month.

The bullion version is the only investment grade coin in the set. It has a brilliant finish and no mint mark. The two United States Mint facilities producing these are West Point and San Francisco. Since the bureau does not sell bullion coins to anyone except their Authorized Purchasers, this anniversary set is the only means for the public to buy the bullion version directly from the Mint.

When the 2011-W Proof American Silver Eagle coins hit the scene this summer, they sold like hotcakes. A cool $22 million was made in six days after 367,623 of them were ordered. The most recent sales figures showed 783,787 sold as of Monday, October 24, 2011.

In 2006, the United States Mint began making the Uncirculated American Silver Eagle coin. It was sold as a stand-alone product and also part of a 3-coin 20th Anniversary Silver Eagle Set. Then in 2007 and 2008, the Mint kept it available for individual sales but had to stop its production in 2009 and 2010 in order to keep up with demand for the bullion counterparts.

On September 15, 2011, the Mint started selling the 2011-W Uncirculated American Silver Eagle. Year-to-date sales were at 195,507 in the most recent report.

A 2011-S Uncirculated American Silver Eagle is also in the new set. The only thing differentiating it from the other uncirculated issue in the set is the mint mark. The "S" denotes the coin’s origin in San Francisco, while the "W" indicates its origin in West Point. Also, as stated earlier, expectations are that this 2011 uncirculated San Francisco strike can only be purchased through the 25th Anniversary Set.

The final, and the other expected unique coin in the set, is the 2011-P Reverse Proof American Silver Eagle. The last time the United States Mint made a reverse proof Silver Eagle was 2006 when it was part of the 3-coin 20th Anniversary Silver Eagle Set. A "reverse proof" means the background is frosted and the raised design and inscriptions are brilliant and mirror-like.

Although the mint marks and or finishes vary from coin to coin, the designs are all the same. On the obverse is Adolph A. Weinman’s full-length figure of Liberty in stride. Her right hand is extended and branches of laurel and oak are in her left hand.

The reverse was designed by John Mercanti and features the heraldic eagle with shield. It is carrying an olive branch in the right talon and arrows in the left talon.

Learn more about the Mint’s American Eagle coin program at http://www.usmint.gov/mint_programs/?action=american_eagles.

{ 24 comments… read them below or add one }

Rob October 27, 2011 at 11:27 am

US Mint web site was acting up (problem loading page), but still got my coins ordered by 12:02 and email confirmed at 12:06

vickievail October 27, 2011 at 11:27 am

YEA! I got my order in via the phone, at 12:10 pm. I only dialed 5
times, although I did have my computer, tablet and cell phone all
going at the sametime. Received my email conformation a couple
of minutes later.

Victor October 27, 2011 at 11:51 am

It took 33 minutes, after getting knocked off with, “Explorer cannot connect” at least 30 times, and I was already logged in for 45 minutes up to 1159, then the web site went haywire. But, I persisted and managed, 3 sets, that I will never open, to preserve their pedigree. There has to be a better way to get the anniversary label, without never seeing the coins until you fork over another 2-3 hundred dollars in “certification fees. Oh well, I did get three. Must have been a lot of coin dealers with their employees ordering the max of five sets. I’m sure we’ll see them offered tonight on the coin shows tonight.

joe October 27, 2011 at 12:50 pm

Was going to use the mint web site but all I got was the first page. Used the phone took half hour exactly done by 12:35pm.

Steve October 27, 2011 at 12:58 pm

I’m totally unable to connect. The 800 number welcomes me, then gives me a busy signal. The online form keeps timing out and failing.

All I want is one. For me.

Brian October 27, 2011 at 1:57 pm

I haven’t anticipated a release this much since the Lincoln Coin and Chronicles set in 2009.

tiger October 27, 2011 at 1:59 pm

3 hours and still unable to order. This is rediculous.

tiger October 27, 2011 at 2:08 pm

coins have been in my cart for over 2 hours, but I can’t check out.

Brian October 27, 2011 at 2:18 pm

Just ANOTHER great opportunity for the US Mint to rip-off customers.

The US Mint sent out everybodies subsciption Silver Eagles at the higher price, then made them unavailable for 2 weeks (the return policy from the Mint is 7 days) THEN, they made the Eagle available at the lower cost to those that didn’t have subscriptions. All that time, the price of Silver fluxuated a couple of dollars an ounce. And they refuse to refund the difference of the two prices to those that had subscriptions. Considering this is the FIRST year they started to sell the coins after a 2 year suspension, it appears they did this intentionally to make extra money before the price drop went into affect. They just screwed every subscriber in the US Silver Eagle program. And now they want DOUBLE the price of Silver for the 5 coin set. Are they just TRYING to run off the collectors? What a racquet. What a rip off. I’m tempted to STOP buying coins from the Mint becasue of it. They have made literally thousands of dollars from my purchases over the years and now they want to screw ALL of the subscribers for less than $10 per coin. What has collecting come to?

And I am going to post this comment over and over again until I get results from the US Mint.

Brian October 27, 2011 at 2:37 pm

@the other Brian.
I have seen your comment before, but I am wondering why you are posting your complaint here on this forum to be heard only by casual collectors? If people buy it, they must not feel like they are getting ripped off. Are you unhappy because they have priced the product for more than you want to pay or more than you think they should sell it for? Businesses often seek the highest profit on a product they sell, pricing it accordingly.

Please take your complaint to the Mint and we shall happily support you!

James October 27, 2011 at 2:40 pm

I finally got through and ordered the (5) Sets. I’ve been offered $60 over each set already, for a profit of $300 for all (5) Sets.
No telling what a Full Set of High Graded DPL 70′s will go for. Anyone have any guesses???

RonnieBGood October 27, 2011 at 3:06 pm

Also had On-Line problems and constant busy signal on the phone. Made it to the checkout online and then the system locked up for over 3 hours. Now we will see who made it in on time! IF 100,000 sets are available and each takes 5 as little as 20,000 collectors / dealers will get the set first hand! This will be the 2nd lowest mintage for 2 of the coins in this set. The 10th ann set ASE in MS 69 has sold for over $5k. Look out secondary market! Get one quickly…. These will be in very high demand!!

DR October 27, 2011 at 3:09 pm

Tried a bit late, at 12:40 pm. Made dozens of phone calls, while trying online as well. Finally at 3:40 pm was able to buy the limit of 5. On items like this I would normally place 5 separate single orders to keep some in sealed boxes but I figured I may never get this far on the order page again, so I bought all in one order. However, I won’t say I own them until they actually arrive.

tiger October 27, 2011 at 3:13 pm

Finally after 4 hours I got in. If anyone is complaining about the price, check out what they are selling for on Ebay already. Mint price is going to turn out to be really cheap. They will probably sell out today. If you don’t like what the mint is doing, don’t buy from them. That will speak loudest if enough people do it.

Jim Johnson October 27, 2011 at 3:56 pm

Mint web site says waiting list only, all sold out in under 4 1/2 hours, now that is impressive!

coinbuysell October 27, 2011 at 4:02 pm

I have been trying since 12:01 EST and I have 5 sets in my cart but it still will not let me check out! I have been logged off numerous times during checkout and it is getting frustrating…any ideas??? I also called numerous times to get busy signals when transferred to order entry…

coinbuysell October 27, 2011 at 4:18 pm

This is the most frustrating thing I have ever encountered! I have purchased many HOT items from the Mint ($20 UHR, etc) but nothing like this…I cannot even get logged on now.

Brian October 27, 2011 at 4:51 pm

@ the other Brian: I did complain to the Mint. They said they would not refund the difference. I have a subscription, they intentionally screwed all subscibers on this. They price of Silver is a bit higher now than it was when they priced them at $60 and cheated the subscribers.

Victor October 27, 2011 at 5:37 pm

Sometimes you just have to vent your dissatisfaction to others, besides the U.S. Mint. I also got hit with the $10 “surcharge for the unc and proof Silver Eagles. If I hadn’t ordered the amount I did, I would have ordered a few more to bring the price per coin, down a bit. However, I would have had to order too many, just to bring the price per coin, down $5. So, I eat the worm, on this one. But, when I ordered the 5 ounce quarter for 279 and before it was even shipped it went on sale for $229, I tried to cancel but I couldn’t. When I asked the Mint if they were going to refund the $50, they said, “No way Hoe Say!” So, when it arrived, I sent it back, which cost me $10.95 and the $4.85 shipping and ordered it again at the current $229. So, I got at least $36 back.
Now for today’s debacle. I finally got in and ordered 3, 33 minutes after they went on sale. After mulling it over, I tried to get back on, to get the other two sets. For over three hours, getting kicked off, getting on, getting kicked off, finally getting my cart, without signing it, to add two more sets, I attempted to sign in. That was a trip, but finally it welcomed me back. I went directly to the checkout, froze up a few times, and got to the “place order” page. I hit the “Place Order” button, and Nada! Nothing! Bupkus!. About 5 minutes later, my e-mail dinged and there was an e-mail from the mint, accepting my order for two moresets. It was 4:42PM. I must have been almost the last one to get the order in and acknowledged.
I never got the Buffalo Dollars, nor the 20th Anniversary Gold set, but I managed to get this one. I’m sorry, really, I am for those who weren’t able to get in. With all the coin dealers, offering fast profits for unopened boxes and without a doubt, every employee of those coin dealers ordering, it’s a wonder that any of us got to get in, at all. Mine are for my grandchildren, and not for the dealers. The boxes will never be opened, until I give them to the kids, after I send them in to get the Anniversary lable on them.

davud demilio October 29, 2011 at 12:13 am

What a joke trying to get through to the mint. I hope the hoges that ordered 5 sets eats them at the stupid prices their asking. Us little guys only wanted 1 set but no the hoges had to suck them up for profit …

DR October 30, 2011 at 10:09 pm

Is that ‘hog’ or ‘hoge’? Hogs would be coin dealers that paid employees to each order 5 sets and turn them over to dealer. Collectors that ordered 5 sets are just doing what the US Mint allowed. Ordering 1 set could be called being a hog in view of the fact that there are 300 million + people in the US and only 100,000 sets. No one forced anybody to make a purchase. And if you wanted to purchase 1 or 5, you knew it was going to be tough to get through. Or if a hog, should I say ‘trough’?

Tony November 10, 2011 at 5:47 pm

I agree with Brian.
I have purchased Silver eagles from the US mint since 1986 and have a subscription. It is interesting that the sellers on ebay have the 5 coin sets in hand when the small collector cannot even get one sent at the issue price. I would like to say I wont purchase from the mint but I am a collector at heart.

Brian November 14, 2011 at 8:15 pm

have seen the Reverse Proof by it’s self sell for over $400 on eBay. And one guy even paid $3999.99 for 5 sets. Both of these sales were made in the last 30 days, according to eBay, completed auctions, serch results. I have also see the “S” coin go for close to $390 by it’s self. And the other 3 coins go for close to $300 by themselves with the case and COA. If you do the math, that’s over $1000 per five coin set, if you break them up. I would be thrilled to sell my 1 extra set for $1000. If you’re willing to pay the price, send email to bkjackson68@cox.net, but so it soon. It won’t last long!!

I know I complain about the mint, but I just keep buying, hoping to hit the big one. And I did. I bought 2 sets, and if I’m lucky, I can sell 1 set for more than I paid for 2. Help’s take the edge off the huge investment of being a serious collector. I also bought the 2006 3-coin sets and made money. I bought the 2008 $5 gold buffalo’s and made money. I bought the 2001 buffalo silver dollars and I made money. I bought the 1999 silver proof set and I made money. I could go on and on. But in a nut shell, that’s how I can afford to continue collecting. If it weren’t for the profits I have made over the years, I couldn’t afford to be a serious collector.

So here’s a big THANK YOU to the US Mint. Please keep up the production of the highly collectable coins. It makes it easier to afford in the long run.

broadwing December 10, 2011 at 9:33 am

I started on the web site at about 12:30 am, and could not get in. Tried again at about 3:30 pm and got as far as the checkout for 1 set and then was bumped off again, Finally at around 6:00 pm I get on again and completed my order. Received a confirmation at 6:06 from the mint that I had aan order. Since that time the mint has changed the shipping date three times. I figured I wsas out of luck. Lo and behold this morning I got on my e-mail and had a shipment confirmation for my one (1) set. I feel like I have won the lottery,

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