U.S. Mint Silver Product Prices Jump After Repricing Pause

Silver had surged 192.4% since July 2024, when the Mint last updated pricing for most collector silver products

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CoinNews photo 2025-P Uncirculated Morgan and Peace Silver Dollars
CoinNews photo of 2025-P Uncirculated Morgan and Peace silver dollars — two of the many Mint silver products to see sharper price increases

On Saturday, Jan. 17, the United States Mint restarted sales of its collector silver products after a several-day repricing pause, a move it had signaled earlier in the week amid surging silver prices. Unlike the Mint’s gold offerings, prices for its silver products are not adjusted weekly.

The new prices may feel abrupt and could push some collectors to the sidelines. Viewed against silver’s rise since the Mint’s last adjustment, however, the increases appear more reasonable. Recent price hikes on some of the Mint’s clad products offer another point of comparison — and, for many buyers, a tougher one to accept — a topic CoinNews will explore in a later article.

Like other world mints, the U.S. Mint’s premiums on collector products are typically significant relative to melt value and to comparable bullion versions aimed at investors. Unusually, though, the Mint went more than a year and a half without adjusting prices for its silver products despite higher silver prices. As noted last week, it had become possible to pay more for bullion American Silver Eagles than for the collectible proof and uncirculated versions.

More Than a Year and a Half Between Major Adjustments

For background, the Mint last updated prices on July 9, 2024, for most of its silver collectibles, when the LBMA Silver Price was $31.055 an ounce. By last Friday, Jan. 16, the LBMA Silver Price had climbed to $90.80 an ounce — up $59.75, or 192.4% — just before the repriced products went live.

Below is a breakdown of the Mint’s updated pricing for key collector products, comparing old and new prices, the dollar change, and the percentage increase.

U.S. Mint Silver Products: Old vs. New Prices After Repricing

Old Prices
(most set July 2024)
New Prices
(made live Jan. 17, 2026)
$
Increase
%
Increase
Silver Proof Set $150 $245 $95 63.3%
Limited Edition Silver Proof Set $255 $340 $85 33.3%
Quarters Silver Proof Set $95 Not Listed for Sale
Proof American Silver Eagle $95 $173 $78 82.1%
Uncirculated American Silver Eagle $91 $169 $78 85.7%
Congratulations Set $97 $175 $78 80.4%
Proof Morgan or Peace Silver Dollar $95 $173 $78 82.1%
Uncirculated Morgan or Peace Silver Dollar $91 $169 $78 85.7%
Morgan & Peace Reverse Proof Set $215 $375 $160 74.4%
Presidential Silver Medals $90 $164 $74 82.2%
Armed Forces 2.5 Ounce Silver Medal $225 Not Listed for Sale
Armed Forces 1 Ounce Silver Medal $90 $164 $74 82.2%
Comic Art 2.5 Ounce Silver Medal $275* $400 $125 45.5%
Comic Art 1 Ounce Silver Medal $135* $200 $65 48.1%
American Liberty Silver Medal $97 $170 $73 75.3%

*Aside from the July 9, 2024, update, the Mint in 2025 did announce pricing for select new silver products, including the now-unavailable privy-marked military Silver Eagles on June 13, which were priced $10 higher than the standard proof editions, and its Comic Art 2.5- and 1-ounce silver medals on July 2.

The Mint has yet to release any 2026-dated numismatic silver coins. Its current silver offerings are listed on its silver coins page.

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