The United States Mint has sold out of all individual options for the 2012 Proof American Gold Eagle. The four coin set option is now all that remains available.
The sell outs began with the individual one-half ounce coin in mid-November, followed by the individual one-quarter ounce coin in early January. The individual one-tenth ounce coin sold out last week, and the individual one ounce coin sold out yesterday.
Sales levels for these individual options are lower than the prior year, and significantly lower than historical levels. However, the ultimate rarity of the coins will still be determined by the number of four coin sets that are sold by the Mint. For coins available in multiple packaging options, the total mintage is determined by adding together sales for each product where the coin makes an appearance. In this case, the mintage would be determined by adding the individual sales and the four coin set sales.
At this point, just how many 2012 Proof Gold Eagle Four Coin Sets remain available in the US Mint’s inventory is unknown. The stated product limit is 30,000 sets, but almost certainly the US Mint did not produce to the full extent of the limit before the close of the year.
The table below shows a comparison of the 2012 vs. 2011 sales levels for each product option. This is based on the numbers from the most recent sales report published yesterday.
Proof Gold Eagle Sales
|2012 Sales||2011 Sales|
|Four Coin Set||5,735||18,873|
Depending on where the final sales level for the 2012 Proof Gold Eagle Four Coin Set ends up, the individual coins will likely see significant historical lows for their respective denominations.
The current mintage lows for each denomination are:
- 2001 1 oz Proof – 24,555
- 2008 1/2 oz Proof – 22,602
- 2008 1/4 oz Proof – 18,877
- 2008 1/10 oz Proof – 28,116
None of these current mintage lows carry much of a premium, if any. However, a significantly lower low might carry some excitement and generate higher secondary market premiums.