2012 Silver Proof Set Sales at 189,628 in One Week

by Mike Unser on June 13, 2012 · 1 comment

2012 US Silver Proof Set

Newly released U.S. Mint figures offer first glancing sales for the 2012 Silver Proof Set.

Orders reached 189,628 between its launch on Monday, June 4, through to Monday, June 11. The one-week total is an impressive start for the popular numismatic product, but it also represents the weakest one in years for the annual set.

2008-2012 Silver Proof Set Sales Debuts

Year Price # of Coins Issue Date Debut Sales Date Debut Sales Current Sales
2012 Set $67.95 14 June 4, 2012 June 11, 2012 189,628 189,628
2011 Set $67.95 14 Jan. 25, 2011 Jan. 30, 2011 209,367 562,814*
2010 Set $56.95 14 Aug. 26, 2010 Aug. 29, 2010 241,656 585,414
2009 Set $52.95 18 July 17, 2009 July 19, 2010 271,372 694,406
2008 Set $44.95 14 Aug. 26, 2008 Aug. 31, 2010 292,004 774,874

 

*The U.S. Mint continues to offer last year’s 2011 Silver Proof Set. Its sales went up 928 on the week for a current total of 562,814.

One reason for the slower start this year is the same-week launch of the 2012 San Francisco American Silver Eagle Two-Coin Proof Set. (It has sales of 121,304 from its release on June 7 through to June 12.) Priced much higher at $149.95, collectors on a budget have a smaller four-week window to order it versus the more than one year time frame to get the 2012 Silver Proof Set.

Silver proof sets since 2010 have contained 14 proof coins in total. The Kennedy half dollar, five America the Beautiful quarters, and Roosevelt dime are each produced in 90% silver for a combined silver weight of 1.338 troy ounces. At the current spot price of $28.77 an ounce, these sets have a melt value of $38.50.

Collectors can purchase the 2012 Silver Proof Set at the U.S. Mint’s website (http://www.usmint.gov/), or by calling 1-800-USA-MINT (872-6468). This latest release marks the last of this year’s core annual sets.

{ 1 comment… read it below or add one }

jim June 13, 2012 at 8:49 am

Where’s the status bar? If they can do it for one coin set (even half way as they are now) they can do it for others.

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