US Mint Sets 2012 Product Prices for Collector Silver Eagles and Annual Sets

by Mike Unser on January 11, 2012 · 6 comments

2011 Proof American Silver Eagle Coin

While many other U.S. Mint product prices have been slashed for 2012, the Proof Silver Eagle is set to launch at a higher price than when last year's coin, shown above, sold out.

The United States Mint on Wednesday officially set prices for the 2012 Proof Silver Eagle and major annual sets after having revealed several other significant product changes on Friday, including reduced quarter product prices and new Presidential $1 coin products.

"The United States Mint is pleased to announce that it is reducing or maintaining 2011 prices for some of its most popular products to be offered in 2012," a United States Mint news statement explains. "The bureau was able to set these lower prices and maintain others by refining the product costing process, taking advantage of current lower prices for precious metals and negotiating better pricing from its suppliers."

While a nice sampling of United States Mint products will see lower prices this year, the expected cost for the upcoming proof Silver Eagle is perhaps most disappointing. The Mint’s news statement said it will reduce the price on this year’s proof Silver Eagle from $68.45 to $61.95. Last year’s 2011 Proof Silver Eagle was indeed at $68.45 for a portion of the year — increased as a result of rising silver, but it first launched on June 30 at $59.95 and later sold out at $58.95 — the final price setting after silver faltered. The price for the upcoming Uncirculated Silver Eagle is set to remain unchanged at $45.95.

Also disappointing but at least stable, the United States Mint notes that prices for its popular annual Proof Set and Silver Proof Set will remain the same at $31.95 and $67.95, respectively.

Release dates for any of the discussed products are yet to be announced which, at least for the silver ones, could still result in price adjustments due to another evaluation or directional swings in precious metals.

"Pricing for products containing silver, gold and platinum are subject to change throughout the year based on market volatility," the United States Mint advises.

The following is a summary of known United States Mint product prices based on published records:

United States Mint 2012 Product Prices

PRODUCT PRIOR PRICE NEW PRICE PRICE CHANGE RELEASE DATES
2012 Proof Silver Eagle $58.95 $61.95 +$3.00 TBD
2012 Uncirculated Silver Eagle $45.95 $45.95 TBD
2012 Proof Set $31.95 $31.95 TBD
2012 Silver Proof Set $67.95 $67.95 TBD
2012 Mint Set $31.95 $27.95 -$4.00 TBD
America the Beautiful Quarters Silver Proof Set $41.95 $41.95 Jan. 10
America the Beautiful Quarters Proof Set $14.95 $14.95 Jan. 17
America the Beautiful Five Ounce Silver Uncirculated Coins $204.95 $204.95 Varies
America the Beautiful Quarters Three-Coin Sets™ $14.95 $9.95 -$5.00 TBD
America the Beautiful Quarters Uncirculated Coin Set™ $21.95 $12.95 -$9.00 TBD
America the Beautiful Quarters Circulating Coin Set™ $9.95 $5.95 -$4.00 TBD
America the Beautiful Quarters 100-Coin Bag $49.95 $34.95 -$15.00 TBD
Presidential $1 Coin & First Spouse Medal Set $14.95 $9.95 -$5.00 Varies
American Presidency $1 Coin Cover Series $19.95 $19.95 Varies
Presidential $1 Coin Proof Set $19.95 $18.95 -$1.00 Feb. 23
Presidential $1 Coin Uncirculated Set $19.95 $16.95 -$3.00 TBD
Presidential & Native American $1 25-Coin Rolls $39.95 $32.95 -$7.00 Varies
$1 Coin Five-Coin Set n/a $12.95 n/a TBD
Presidential $1 Coin 100-Coin Bags n/a $111.95 n/a Varies
Presidential $1 Coin 250-Coin Box n/a $275.95 n/a Varies
Presidential $1 Coin 500-Coin Box n/a $550.95 n/a Varies

 

{ 6 comments… read them below or add one }

Michael January 12, 2012 at 5:20 am

I see the America the Beautiful Quarters 100-Coin Bag price dropped $15.00, but the 2 roll set has not. So two rolls are $5.00 more then a 100 coin bag.

jim January 12, 2012 at 10:51 am

Let’s see, you’re paying $34.95 for 100 P quarters and $34.95 for 100 D quarters jumbled in 2 bags or you’re paying $39.95 for 40 P quarters in a roll and 40 D quarters in a roll. So to get 40 of each P and D quarter you pay $39.95 or you buy a 100 quarters bag of each for a total of $69.90 – sounds like $30 more for the bags than the rolls. Since you seem to be worried about paying too much for your quarters then go to the bank and buy all the quarters you want for face value -> 100 quarters for $25, 80 quarters for $20, etc.

george glazener January 12, 2012 at 12:38 pm

Jim;
Don’t give my secret away…LOL. I do that all the time. It just takes a lot of diligence and pestering of impatient bank tellers to pursue them that way, but once in a while you can stumble on a nice cache of fresh shiny unspoiled pristine Fed-wrapped coins..!!!

bill January 12, 2012 at 3:00 pm

your math is skewed jim

yes its true you would get more quarters if you bought the bags but the $30 more you stated would be for 120 more quarters.

$40 for 80 quarters (rolls) = $0.50 per quarter
$70 for 200 quarters (bags) = $0.35 per quarter

Im thinking of selling what I have and screw the mint. I have trying to be a collector, but the mints greed is taking away the fun.

Back to stacking bullion which is my vote for no confidence in our govt.

RonnieBGood January 12, 2012 at 4:36 pm

Hey GG,
Great to be know at the local bank as, ” Oh No! Here comes that Guy again”!

george glazener January 13, 2012 at 9:00 am

RonnieBGood;
LOL…that’s exactly the reaction I get. They all scatter and hide like illegals during a chicken farm raid…!! But I love the thrill of the hunt, and you can run across some pretty good finds. I always ask around for Kennedy Half Dollar Rolls, and I usually find a 1960’s date, sometimes even a 1964…!

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