While the United States Mint has yet to offer a complete Product Schedule for 2012 letting the public know when to expect certain products, it has released a list of issue prices for some of those products. Collectors will be happy to learn that many of those 2012 issue prices are lower than their 2011 versions were sold for.
Among the prices announced by the Mint, the 2012 Proof Silver Eagle will see a 9.5% decrease from the highest price point the 2011 Eagle sold at. Other affected products include the United States Mint Uncirculated Coin Set®, several America the Beautiful Quarters® products and some Presidential $1 Coin products.
"We hope these prices will allow us to attract more Americans to coin collecting, while increasing collecting opportunities for our current customer base," said United States Mint Deputy Director Richard A. Peterson.
The 2012 Proof Silver Eagle will be offered for $61.95 per strike. This is $6.50 less than the highest price the 2011 Eagle sold for, however it is higher than the 2011 debut price of $59.95 and also higher than the price point the 2011 Eagle sold out later in the year at of $58.95. (Bullion 2012 Silver Eagles were released on January 3rd)
According to the press release announcing the price drops, the United States Mint Uncirculated Coin Set® will see a decrease of $4. It will be offered for $27.95 whereas the 2011 version sold for $31.95.
Three 2012 America the Beautiful Quarter related products (of which the designs were unveiled for in late December) will also see significant adjustments in their initial price points in comparison to last year's releases. The America the Beautiful Quarters Three-Coin SetTM will see a large drop of $5 from $14.95 down to $9.95.
A much larger drop will be seen in the America the Beautiful Quarters Uncirculated Coin SetTM. The 2011 version sold for $21.95, but the new 2012 release will be offered for $12.95. The America the Beautiful Quarters® 100-Coin Bag were sold last year for $49.95, but they will be listed this year at $34.95.
Presidential $1 Coins products will also see significant price reductions which is good news for many as they will no longer be struck for general circulation and thus not available in local banks. The Presidential and Native American $1 Coin Rolls were sold last year by the Mint for $39.95. This year the new price will be $32.95.
A $1 decrease will be seen in the United States Mint Presidential $1 Coin Proof SetTM which goes from $19.95 to $18.95 with the associated Presidential $1 Coin Uncirculated SetTM dropping to $16.95 from last year's $19.95 price. The United States Mint Presidential $1 Coin & First Spouse Medal SetTM will also see a significant price reduction from $14.95 down to $9.95.
The US Mint also announced the prices for the United States Mint Proof Set® of $31.95, and the United States Mint Silver Proof Set® of$67.95 - both remain unchanged from last year.
As with all US Mint products, these prices are subject to change.