2017 US Mint Limited Edition Silver Proof Set Release

by Darrin Lee Unser on October 5, 2017 · 62 comments

Get ready… Today, the United States Mint will release the 2017 Limited Edition Silver Proof Set.

2017 US Mint Limited Edition Silver Proof Set

The 2017 Limited Edition Silver Proof Set has eight coins. Their weight in silver combines to 2.338 troy ounces, giving the set a melt value of about $39.33 based on Wednesday’s LBMA silver price. The real worth of this product is its value to collectors. This year’s set also has a special low mintage coin, adding to its appeal.

Available beginning at noon ET for $139.95, the set includes eight silver coins from the San Francisco Mint. Intense interest for just one of them will likely lead to a quick sell-out.

The product limit for this set is capped at 50,000. Anticipating broad demand, the U.S. Mint is restricting the number of sets to two per household.

Held in the set’s attractive packaging are the following 90% silver coins:

  • 2017-S Kennedy Silver Half-Dollar
  • 2017-S Effigy Mounds National Monument Silver Quarter (Iowa)
  • 2017-S Frederick Douglass National Historic Site Silver Quarter (District of Columbia)
  • 2017-S Ozark National Scenic Riverways Silver Quarter (Missouri)
  • 2017-S Ellis Island Silver Quarter (New Jersey)
  • 2017-S George Rogers Clark National Historical Park Silver Quarter (Indiana)
  • 2017-S Roosevelt Dime

In addition, the limited edition set holds a 1-ounce .999 fine 2017-S Proof American Silver Eagle. This is the coin that collectors want the most. It has only been featured in one other release, the 2017 Congratulations Set which debuted April 4 and sold out in minutes.

The Congratulations Set had a limit of 75,000. Adding that to this set’s 50,000 limit brings the 2017-S Proof Silver Eagle’s potential mintage to just 125,000 coins. That makes it a key issue in the American Silver Eagle series. The only proof with a lower mintage (at 30,102) is the highly coveted 1995-W which sells for several thousand dollars.

Ordering

Order the 2017 Limited Edition Silver Proof Set directly from the United States Mint via this link to the set’s product page, or call 1-800-USA-MINT (872-6468).

{ 12 comments… read them below or add one }

Seth Riesling October 7, 2017 at 8:08 am

This set is available again this morning (Saturday) as of about 10 minutes ago after going “currently unavailable” yesterday evening. Wonder if they will ever sell out?!

-NumisdudeTX

gary October 7, 2017 at 9:31 am

just checked 10:30 am sat morn unavailable again

Millhouse1973 October 7, 2017 at 10:50 am

AND, WE’RE BACK!!!!! On sale, that is. Grab ’em now. Looks like their almost gone.

Jr October 7, 2017 at 12:05 pm

wow got a email saying they have lifted the 2 set household limit to unlimited now.. wtf.. now i wish i would of waited 2-4 years and got it on ebay for 30% cheaper.. fook me.. this mint is stupid.. they dont allow for stuff to raise in value.. it always drops unless its a sell out in 2 mins.. now these sets will drop in price by this time next year..

sam tweedy October 8, 2017 at 11:15 pm

THE MINT LIKES TO PLAY GAMES RIGHT FROM THE GET GO CRAZY LOL

Texas October 9, 2017 at 7:26 am

Does any one know if the mint marked the 2017 congratulations ASE some way to tell the difference from the Limited Edition set ASE ?

Seth Riesling October 9, 2017 at 8:44 am

Texas –

There is no difference in the ASE $1 Proof 2017-S coin in either set. They cannot be told apart except for the packaging they are in when you send them to the grading services. No need to pay extra for a “special” label on a slab from a TPG company. The total mintage on this coin is 125,000 making it the 4th rarest ASE $1 in the 31 years of the series.

Happy collecting!

-NumisdudeTX (Keep Austin Weird!)

Texas October 9, 2017 at 10:31 am

Than you Seth, wasn’t going to pay extra , just was hoping there might be something different on the coin for those of us who bought the limited edition set.

Mark D, October 9, 2017 at 1:21 pm

Need expert advice…

I have just received a PCGS slabbed 2017-S ASE graded PR69 DCAM, First Day of Issue, from the original Congratulations Set to go with the Limited Edition Set from the Mint.

My naked-eye inspection of coin’s reverse detected 2 obvious — very obvious — points of damage/flaws in the star field area.

Each is only slightly smaller than size of the “dots” that separate the USA/1 oz. lettering at outside edge of reverse. They appear to be electronic burn marks, with a blue center point and black outline, similar to what one might see left on metal by welding sparks.
Anyone have any idea what I’m dealing with? How could PCGS miss something so obvious? What could cause this at the Mint? Any chance this could be some sort of value-increasing “error”?
Your input would be greatly appreciated.

Seth Riesling October 9, 2017 at 4:41 pm

Mark D. –

I haven’t seen the type of “damage” you describe on this Proof coin. But, the 69 grade is not near perfection as PCGS & NGC would have everyone believe. A 69 grade can have many flaws, scratches, rim nicks etc. Even 70 grade coins are not perfect! The Mint used to hand inspect each Proof coin until about the early 2000s, but now relies on electronic eyes & an occasional random spot check by a human. The quality of even Proof coins has gone down as reflected in the marketplace price difference between Proof-69 & Proof-70 coins.
Coin World newspaper(since 1960) provides a free evaluation service called “Collector’s Clearinghouse” where you can contact them & get permission to send (at your cost for shipping & insurance both ways) a numismatic item to Editor Bill Gibbs at their Sidney, Ohio headquarters. Mr. Gibbs has been reviewing reader’s items since 1976 & prints the more interesting cases in the publication. Make sure you call or e-mail him before you send in an item. Good luck Mark.

-NumisdudeTX

Mark D. October 12, 2017 at 3:15 pm

Seth,

Thanks very much for your insights on my coin “burns” issues.

While I was already aware that slabbed coin grades are not necessarily all that one might expect, the coin in question doesn’t come close to the PF69 designation as described by PCGS, to wit: “Virtually fully struck with miniscule imperfections visible upon close inspection.”

In fact, this coin’s “burns” are quite obvious from arm’s-length view, and not at all “miniscule.” So what about PF68? Nope: “Only the slightest weakness in strike with a few tiny imperfections barely visible.” Again, the two black/blue “burns” are not tiny and are easily visible. Moving down to PF67, “Very well struck with minor imperfections visible without magnification.”

Okay, PF67 is probably the most apt grade/description — although I might argue that anything outside of the normal minting process (i.e., “burns”) is really beyond a “minor imperfection.”

Luckily, the seller (among the most well-known online purveyors) had no problem accepting the coin back — including pre-paid shipping. So, at a ripe vintage of more than a half century, I re-learn the essential truth: caveat emptor.

I was quite surprised and disappointed to learn that the Mint no longer individually inspects Proof coins. That’s a matter of policy and shame on me for not knowing about it.

But what’s PCGS’ excuse? A coin they grade at PF69 that is — at best — a PF67 — how does that happen? After all, their whole rationale for existing is careful, deliberate and meticulous inspection of individual coins with a grade being assigned only after a consensus among multiple judges is reached. I would be quite surprised if these were the standards applied in this case. So, I’m left with the sickening sense that perhaps more — maybe many more — of my treasured slabbed coins are also so much humbug.

In any event, thanks again for your input, including your referral to Mr. Gibbs as a potential source for a genuinely independent opinion on this coin.

Warmest Regards,

Mark D.

Seth Riesling October 13, 2017 at 9:35 am

Mark D. –

Glad you were dealing with a reputable coin dealer who refunded your money on this sub-par PF-69 coin. “Modern” U.S. coins used to not even be accepted for grading by PCGS or NGC when they started in 1986 & 1987 respectively. It seems that with modern U.S. Mint coins that don’t grade at 70 are almost given the 69 grade unless the coin is really an ugly mess! There are very few “modern” coins (let’s say since 1982 when the commemorative coin program was restarted by the Mint after a 28-year absence) that they grade below 69 ( usually dealers that submit large quantities tell the TPG companies to send back any coins that do not grade 70 or 69 back to them ungraded & they sell them off to coin wholesalers (like the tv coin dealers!). Like I stated, I have seen some coins graded 69 from PCGS & NGC that should definitely be 68 or lower.

Happy collecting Mark!

-NumisdudeTX

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