2016 Proof Set and 2016 Silver Proof Set Mark New Sales Lows

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The trend of weaker sales continues for United States Mint clad and silver proofs sets. The agency recently stopped selling its pair of flagship sets for 2016 and, according to the latest Mint figures; they ended at milestone low levels.

Lens with 2016-S America the Beautiful Quarters, Reverse
A CoinNews photo of a lens with 2016 proof quarters (clad). These quarters are in the 2016 Proof Set. The quarters commemorate Shawnee National Forest in Illinois, Cumberland Gap National Historical Park in Kentucky, Harpers Ferry National Historical Park in West Virginia, Theodore Roosevelt National Park in North Dakota, and Fort Moultrie (Fort Sumter National Monument) in South Carolina.

A few years back, it was often cheaper to buy proof sets after the U.S. Mint stopped selling them. More are now holding their values in the secondary market. Some mintage low sets are actually commanding exceptional premiums.

2016 Proof Set

The clad 2016 Proof Set launched on April 1, 2016 for $31.95. Coins in the set include the year’s cent, nickel, dime, five quarters, half-dollar, and $1 coins with each struck at the San Francisco Mint to proof quality.

2016 United States Mint Proof Set
The 2016 Proof Set — lenses, coins and packaging

Last reported sales have the clad set at 595,184 for the lowest total since the 1955 Proof Set ended at 378,200.

The 2015-dated set previously held that distinction at 662,934; preceded by the set from 2014 at 680,977; and then before it the set from 2012 at 794,002. The set from 2015 is realizing prices ranging from around $31 to $39. You can find 2014 Proof Sets that have recently sold from $28 to $37. The set from 2012, which failed to breach the mintage milestone of 1 million for the first time in decades, continues to score the best prices by realizing from $82 to $105.

2008 – 2016 Proof Set Mintages

Year Issue Price Coins Issue Date Ending Sales / Mintage
2016 Set $31.95 13 April 1, 2016 595,184
2015 Set $32.95 14 Mar. 24, 2015 662,934
2014 Set $31.95 14 Mar. 25, 2014 680,977
2013 Set $31.95 14 Mar. 28, 2013 802,460
2012 Set $31.95 14 May 7, 2012 794,002
2011 Set $31.95 14 Jan. 11, 2011 1,098,835
2010 Set $31.95 14 July 22, 2010 1,103,815
2009 Set $29.95 18 June 1, 2009 1,482,502
2008 Set $26.95 14 June 24, 2008 1,405,674

 

2016 Silver Proof Set

The 2016 Silver Proof Set launched on April 18, 2016 for $52.95. Like in the regular clad set, the silver set has San Francisco Mint-struck proofs of the year’s cent, nickel, dime, five quarters, half-dollar, and $1 coins. Adding to its appeal, seven of the coins — the half-dollar, five quarters and dime — are in 90% silver.

2016 Silver Proof Set
The 2016 Silver Proof Set — lenses, coins and packaging

Last reported sales have the silver set at 369,849. Introduced in 1992 as an annual product, no other silver proof set has a lower mintage.

The 2015-dated set had held the mintage low distinction at 387,460; and before it the set from 2012 at 395,443. Sets from 2015 are selling from $50 to $75. Those from 2012 are moving for around $175 to $200.

2008 – 2016 Silver Proof Set Mintages

Year Issue Price Coins Issue Date Ending Sales / Mintage
2016 Set $52.95 13 April 18, 2016 369,849
2015 Set $53.95 14 May 14, 2015 387,460
2014 Set $53.95 14 April 29, 2014 404,665
2013 Set $67.95 14 May 2, 2013 419,720
2012 Set $67.95 14 June 4, 2012 395,443
2011 Set $67.95 14 Jan. 25, 2011 574,175
2010 Set $56.95 14 Aug. 26, 2010 585,401
2009 Set $52.95 18 July 17, 2009 697,365
2008 Set $44.95 14 Aug. 26, 2008 763,887

 

2017 Set Sales

United States Mint figures as of June 25, 2017 have sales of the clad 2017 Proof Set at 292,156 and those of the 2017 Silver Proof Set at 196,304. The silver set just debuted on June 7 while the clad set has been around since March 29.

The above 2016- and 2017-dated sales are unaudited figures from the United States Mint. The other years show mintages from Whitman’s third edition of MEGA RED, the expanded deluxe version of its Red Book®.

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