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James Bucki

2012 Silver and Clad Proof Sets Sellout

By January 7, 2013

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2012 United States Mint Proof SetIt looks like The 2012 United States Silver Proof Set, The 2012 United States [Clad] Proof Set and The 2012 United States Mint Presidential $1 Coin Proof Set have sold out. These proof sets are now being listed as "Sold Out" on the U.S. Mint's website. There are still several other 2012 proof products that are still available for sale. But don't despair; a quick check of the Internet and a call to my local coin dealers has revealed that there is still an adequate supply of 2012 proof sets that are available for purchase. Of course coin dealers need to make a living, so these sets sell for a small premium over the original mint's purchase price.

The 2013 proof sets will be going on sale early this year. According to the mint's product schedule, the 2013 United States Mint Proof Set will be going on sale on March 28, 2013 for a price of $31.95. The mint will start taking orders for the 2013 United States Mint Silver Proof Set sometime in May at an initial price of $67.95.

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Image courtesy of: The United States Mint

Comments

January 9, 2013 at 11:49 pm
(1) Schnauzer says:

The “sellout” of the 2012 Silver Proof Sets is just another U.S. Mint sales gimmick. The “sellout” was created to cause panic for collectors. The Limited Edition Silver Proof Set was created to bait customers into buying it at a very inflated price. Thus more $ for The Mint.
The key to proof sets has always been the half and the dime. All other coins were made available via other channels ie, bags, rolls and subsets. Not the half and dime though. The only way to obtain those two coins, has been through the Silver Proof Set. People may be forgetting that even though the 2012 set has been cut off at just under 400,000, 50,000 halves and 50,000 dimes are going to be included in the Limited Edition Set.
Just don’t understand why people are scrambling to buy a 2012 Set at EBAY prices in the neighborhood of $125.00.

May 20, 2013 at 12:16 pm
(2) Honu425 says:

Ok, so I’m a novice. The question is “why a Silver Proof set AND a Proof set?”. Dumb question? Probably, but i’m curious.

May 20, 2013 at 6:22 pm
(3) Jim Bucki says:

Silver proof sets first came out in 1992. These were the first 90% silver coins minted since 1964. It is debatable as to the “reasons” why two different styles of proof sets are offered. the most common reason that prevails throughout the coin collecting industry is “so the mint can make some more money off of collectors.”

July 15, 2013 at 1:05 am
(4) http://www.putzworks.net/mahara/view/artefact.php?artefact=517&view=152 says:

2012 Silver and Clad Proof Sets Sellout

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