Silver coins presented within premium packaging take center stage for collectors today with the release of the United States Mint 2019 Limited Edition Silver Proof Set.
Demand for this annually issued, 50,000-limited product tends to be high despite its $149.95 price. This year’s set is more attraction because, for the first time, all eight of its coins are struck in .999 fine silver.
Contents of Limited Edition Silver Proof Set
In descending order of their legal tender face value, the set includes:
- 2019-S Proof American Silver Eagle
- 2019-S Kennedy Half Dollar
- 2019-S Lowell National Historical Park Quarter (Massachusetts)
- 2019-S American Memorial Park Quarter (Northern Mariana Islands)
- 2019-S War in the Pacific National Historical Park Quarter (Guam)
- 2019-S San Antonio Missions National Historical Park Quarter (Texas)
- 2019-S Frank Church River of No Return Wilderness Quarter (Idaho)
- 2019-S Roosevelt Dime
The five quarters, issued as a part of the U.S. Mint’s ongoing America the Beautiful Quarters® Program, have designs unique to 2019. All coins of the set are produced in a collector proof quality finish with each bearing an "S" mint mark to denote their production at the San Francisco Mint.
99.9% Fine Silver Coinage and Set’s Silver Weight
Past sets included 99.9% pure American Silver Eagles with smaller coins in 90% silver. The U.S. Mint no longer produces 90% silver coins. This change was sought by U.S. Mint officials and many collectors alike. The Mint wanted .999 fine coinage, in part, to improve supply chain availability of silver coin blanks and to increase die life. Collectors, for their part, tend to prefer higher purity coins.
The eight coins in the set released today combine to 2.51 troy ounces of silver for a melt value of $43.80 based on Thursday’s LBMA silver price of $17.45 per ounce. In contrast, last year’s set has a silver weight of 2.338 troy ounces for a melt value of $40.80.
Previous Set Sales
Limited Edition Silver Proof Sets are one of the Mint’s premier products. They have enjoyed popularity to a large extent because of their presentation packaging. Set sales for recent years include:
- 2016 – 49,647 sold (19,266 initial three day sales)
- 2017 – 48,901 (sold out in approximately 32 hours)
- 2018 – 48,696 (24,990 initial three day sales)
The 2017 set sold out quickly thanks to the inclusion of an American Silver Eagle that was not sold separately and was only available in one other product that had already sold out.
Coins Available in Other Products
Coins in this year’s set are not exclusive to it. The 2019-S Proof American Silver Eagle is available separately for $55.95 and it has current sales of 120,874.
The other seven coins are available within the 2019 Silver Proof Set for $54.95. It has to year-to-date sales of 318,676.
There is also a smaller set of the five 2019 silver quarters for $36.95. It has current sales of 64,011.
2019 Limited Edition Silver Proof Sets may be ordered from the U.S. Mint’s online catalog of proof sets or by calling 1-800-USA-MINT (872-6468).