The US Mint announced the price adjustments earlier this week with an effective date of Thursday, July 11, 2012. A total of nine different products saw their price points slashed in the move.
Adjustment to the pricing was considered following a continued depression seen in the silver market. Silver in recent weeks fell to $18.61 an ounce in the London which equates to a drop of $12.57 an ounce from the high established earlier this year of $32.23. This calculates out to a decline of 39% from that high.
Affected items by the price decreases recently implemented by the US Mint are as follows:
|Product||Current Price||New Price||Price Drop|
|2013 United States Mint Silver Proof Set®||$60.95||$53.95||$7|
|2012 America the Beautiful Quarters Silver Proof Set™||$36.95||$31.95||$5|
|2013 America the Beautiful Quarters Silver Proof Set™||$36.95||$31.95||$5|
|2013 United States Mint Annual Uncirculated Dollar Coin Set||n/a*||$44.95||n/a|
|2012 Making American History Coin and Currency Set||$72.95||$67.95||$5|
|2013 Congratulations Set||$59.95||$54.95||$5|
|2013 American Eagle One Ounce Silver Proof Coin||$57.95||$52.95||$5|
|2013 American Eagle One Ounce Silver Uncirculated Coin||$48.95||$43.95||$5|
|Perry’s Victory America the Beautiful Five Ounce Silver Coins™||$179.95||$154.95||$25|
|White Mountain America the Beautiful Five Ounce Silver Coins™||$179.95||$154.95||$25|
Of the nine items listed above, the 2013 United States Mint Annual Uncirculated Dollar Coin Set is not currently available as it has not yet been released. The date of that release is not yet known. All other items listed may currently be purchased directly from the United States Mint.
To make a purchase, visit the US Mint's website at www.usmint.gov. Orders are also accepted via phone at 1-800-USA-MINT (872-6468). A standard shipping and handling charge of $4.95 per order is added to all domestic orders.