According to the US Mint’s website, the 2012 Silver Proof Set has sold out. This joins many other 2012-dated numismatic products which have sold out over the course of the past several weeks.
The 2012 Silver Proof Set contains the year’s five America the Beautiful Quarters, Kennedy Half Dollar, and Roosevelt Dime struck in a composition of 90% silver, along with the five $1 coins, Lincoln Cent, and Jefferson Nickel struck in their standard compositions. The sets originally went on sale June 4, 2012 and have been priced at $67.95 for the entire duration of the offering.
Based on the latest US Mint sales report released today, sales had reached just 393,757 units. This represents the lowest sales level for the product since the modern annual Silver Proof Set was introduced in 1992. Unlike some of the other new lows recently seen, this establishes a new low by a considerable margin. The previous low mintage for the annual set was for the 1995 Silver Proof Set at 549,878.
It is worth noting that although the regular annual 2012 Silver Proof Set is no longer available, the US Mint still has available the 2012 America the Beautiful Quarters Silver Proof Set, containing the five 90% silver quarters. Additionally, the Limited Edition Silver Proof Set is available which contains all seven of the 90% silver coins and the 2012 Proof Silver Eagle.
Recently, the US Mint has been keeping collectors guessing with regards to the duration of availability for their products. The 2012 Silver Proof Set was available for a period of about seven months. This compares to availability of nearly two years for the prior year set.
Other recently sold out products include some of the 2012 Presidential Dollar Rolls, 2012 Native American Dollar Boxes, and circulating quality 2012-S America the Beautiful Quarters in bags and rolls. In the case of the latter, the product pages specifically stated that the products would remain available for one year from the release date, but they sold out far in advance of this. The US Mint seems to have underestimated the production needed to keep the products available for their expected period of availability. There may be other looming sell outs for other 2012-dated products in the same situation.