The United States Mint has provided pricing information for some 2012 numismatic products. Several new products will be introduced and the prices for many existing products will be decreased.
The price reductions are a welcome change from several years of hefty price increases that sometimes seemed difficult to justify. The newly introduced products seem to have been created to provide a reasonable means of acquisition for Presidential Dollars, following the suspension of production for circulation.
So far, pricing data has been provided for the following list of products, which is not all-inclusive. Products which are not included may have new pricing information provided at a future date.
| 2012 Price |
Prior Year | |
| ATB Quarters Three Coin Set | 9.95 | 14.95 |
| ATB Quarters Uncirculated Coin Set | 12.95 | 21.95 |
| ATB Quarters Circulating Coin Set | 5.95 | 9.95 |
| ATB Five Ounce Silver Uncirculated Coin | 204.95 | Various |
| Proof American Silver Eagle | 61.95 | Various |
| Uncirculated American Silver Eagle | 45.95 | Various |
| $1 Coin 25-coin Rolls | 32.95 | 39.95 |
| $1 Coin 100-Coin Bag | 111.95 | N/A |
| $1 Coin 250-Coin Box | 275.95 | N/A |
| $1 Coin 500-Coin Box | 550.95 | N/A |
| $1 Coin Five-Coin Set | 12.95 | N/A |
| Presidential $1 Coin & First Spouse Medal Set | 9.95 | 14.95 |
| Presidential $1 Coin Cover | 19.95 | 19.95 |
| Presidential $1 Coin Proof Set | 18.95 | 19.95 |
| Presidential $1 Coin Uncirculated Set | 16.95 | 19.95 |
As shown above, the US Mint will sell larger quantities of newly released Presidential Dollars at reasonable premiums to face value. These products will include 100-coin bags priced at $111.95, 250-coin boxes priced at $275.95, and 500-coin boxes priced at $550.95.
From 2007 to 2008, the US Mint had offered 250-coin bags for each newly released Presidential Dollar priced at $319.95. From 2007 to present, the US Mint has offered 25-coin rolls, initially priced at $35.95 each, but raised to $39.95 each in 2011.
Many collectors have been anticipating very low mintages for the 2012 Presidential Dollars, since they will not be produced for circulation. However, the new bulk offerings at relatively low premiums will result in higher sales, driving mintages higher than would have otherwise been the case. I had mentioned such a possibility at year end.
The pricing schedule shows price reductions for certain existing products. There had been much scrutiny about the price levels for these products in previous posts and reader comments throughout last year. The new more reasonable prices will be welcomed by many collectors and may also help sales for the product lines.
Is there any indication whether we will be able to choose mint marks with the presidential dollar bags and boxes like we can for the rolls?
I’m glad to see that the Presidential Dollar Coin & First Spouse Medal Sets will be offered in 2012, and for only $9.95 each! I only wish that the 2011′s would have their prices reduced to that level, but I know that won’t happen. I guess I’ll have to go ahead and pick them for for the $14.95. At least it’s only for the one year they’re that high.
I was suprised to see that the Mint is sticking to their guns on the Presidential Dollar Coin Covers at $19.95. Those could have been dropped back to the $14.95 level, or at least the $15.95 level used for the 2010′s.
Jim- There has not been any specific indication. However, I would anticipate that there would be separate offerings for each mint mark, similar to how the rolls are currently offered.
Looks like the Mint is going to continue the Presidential Dollar program through to its conclusion for collectors, and at reasonable prices. That’s very good news.
The reintroduction of the 250 coin box/bags may also signal an end to the direct ship program? At the very least, these new designs are unlikely to be offered through it. The premium over face is slight indeed.
It’s good news for the collecting community, and high time the Mint started wooing back its primary customer base with some positive pricing strategies especially in light of the marketing fiasco of the A25 set last year. The upcoming “town hall” conference call with repeat customers is another positive step, and if used by the Mint properly, should generate additional constructive feedback.
some positive pricing strategies especially in light of the marketing fiasco of the A25 set last year.
The problem wasn’t the price of the A25 Set, it was the too-low mintage and the too-high 5-per-household ordering limit.
250,000 Sets and a two-per-household limit would have been just about perfect.
Lowering the price of numismatic Presidential Dollars will help the Mint move more of those coins, now that Federal Reserve distribution has ended.
If the Direct Ship program offers 2012 Presidential Dollars, you most likely will not be able to choose which mintmarks the coins are. Lowering the price of the numismatic bags and rolls (which guarantee the mintmarks you get) is of obvious benefit to collectors. Win-Win.
I imagine they can still offer the uncirculated Presidential rolls *and* include them in the DS program.
If you buy uncirculated rolls at $32.95, you can and should be able to select the mint. However, under DS you would get whatever was available. For that reason alone, the DS program would charge less than $32.95
Why would the proof ASE price increase from most of the “Various” prior prices? And why such a big difference between proof and uncirc ASE?
Zaz, where would I get information on the “town hall” that you mention?
Proof American Silver Eagle 61.95
Did I miss something? The 2011 Proof ASE is long gone, and 2012 isn’t yet on the schedule. There isn’t a guaranty that one will be made, nor what the price of silver will be.
With over one billion dollars of $1.00 presidential coins in storage why aren’t the older presidents available for purchase in the 250 coin circulating boxes?
They also need to reduce the two roll quarters set.
I had been getting the presidential dollar rolls at my bank. I won’t pay $8 over face plus shipping. Maybe I’ll just cash in the 20 rolls I have and buy bullion ASE. It should do better in the long run.
Regarding the ASE 25th sets the best idea I heard was to limit it to 1 per household and mint as many as they sell in a week. That gives everyone a chance and practically guarantees a high premium.
are the native american rolls going to go down to $32.95? i stopped collecting the presidential dollars, but would continue the native american series. i’ve been spending my p and d rolls at dunkin donuts lately. i could not believe that the 1st roll i opened was wrapped with tails showing on both sides. what was i paying the extra $10 for?
Last year the US Mint shifted their annual products from August back to January “…so the products would be available throughout the year”. This shift caused the 2010 and 2011 Proof and Mint sets to be sold at the same time resulting in record low sales. Multiple price hikes for the Silver Proof sets from $56 to $67 didn’t help.
The 2011 Silver Proof set went on sale on Jan 25th last year, but the 2012 Silver Proof sets haven’t even hit the Mint’s Product Schedule this year (the Product schedule currently lists products through Feb 23). This would suggest that there’s extra 2011 product needed to be sold…but prices remain at $67/set.
Will the Mint continue delaying the release of the 2012 Silver Proof sets until more 2011 sets are sold at $67…then introduce the 2012 sets at a lower price? Will the Mint lower the price for both the 2011 and 2012 sets and sell them at the same time? It’s a mystery what the Mint plans to do with the Silver Proof sets…but it’s resulting in historically low mintage numbers for the Silver Kennedy Half and Roosevelt Dime.
Hi Michael,
I was checking out prices on eBay for the 2011 Army gold (uncirculated) coins and the 2011 Army clad half dollars (uncirculated).
The Army gold coins have not appreciated significantly, but the Army clad half dollars have — at least doubling for uncertified coins and increasing by by 3-4 times the original sales price for MS69 coins.
Thought you might be interested…..
I am afraid the old prices for the Presidential rolls turned out many collectors. At 32.95 They seem more reasonable, but it might be a little too late.
Can someone tell me why anyone would want to collect rolls of any type of US coin? Just wondering, because it’s beyond my comprehension to do so…. LOL!
So what about the Native American dollars?
If you guys still want to get $1 coins from 2011 and earlier just go to your bank and request them. I just received an order for 4000 of them at face value, all still in their original rolls. Go out and spend some then go request some more! After all there is still billions of them sitting in vaults around the country.
“So what about the Native American dollars?”
I believe these will also be available through the new bag and box options.
As usual, the Government/Treasury has chosen the wrong option to solve the over abundance of presidential dollars. Instead of eliminating the printing of $1 bills and saving perhaps $35B over 10 years and placing the dollar coins into circulation, they have chosen to ignore an opportunity to reduce government expenditures without much impact to US citizens. This is but another example of how Washington continues to be “stuck on stupid”.
Sorry this is off topic but I just read something amazing: The US produced only 35 million ounces of silver in 2011! And the Mint sold 39.8 million ounces of silver eagles. So over 10% of that, plus all the other silver coins, plus all the silver used in all US industry had to come from other countries. Who commented the other day that there is so much silver it is overpriced?
Hello Michael,
Will the mint keep selling the 2011 ATB ‘P’ coins until they sell out? If they stopped selling them before that happens, does the mint usually give notice?
Can someone tell me why anyone would want to collect rolls of any type of US coin? Just wondering, because it’s beyond my comprehension to do so…. LOL!
I for one thought that I could buy quarters and dollars by the roll in order to
1. save 5 or 6 single coins of each issue for my collection and the grandkids
2. sell the others to help off set the cost.
Boy was I wrong!!!! With Ebay fees, pay pal fees, shipping TIME required to list!!!! nobody will pay but pennies over face value. So when the mint raised their price I baled. Golden Dollars have been a golden loser for both the mint and I!!!!!!
A 1793 penny fetches $1.38 million at Florida auction…
A penny for your thoughts.
Copperman
Where are these new prices listed? I have looked at the mint site and didn’t see them. Could you give a link to them.
If I had the $$$ my focus would be choice specimens of EAC.
Michael, did the Mint recently raise the prices for the 2010 and 2011 ATB Quarters Uncirculated Coin Sets? I see that you note on your list that the pre-2012 prices were $19.95, but the Mint’s website currently shows the prices at $21.95 for them.
I haven’t been keeping up with these sets as I have zero interest in them, but it would be unusual for the Mint to raise the 2010 and 2011 prices when the 2012 sets will be lowered to $12.95.
Just contacted the Mint about the Presidential Dollars. Their input was they know nothing. Don’t know about the 100, 250 coin bags, nor do they know anything about a price decrease.
Won’t know anything till “about two weeks before issue.”
Sgt. Shultz??
Two Cents- Sorry. I made a mistake in the chart. Prices for 2010 and 2011 sets were $21.95.
In response to other questions- the 2012 pricing was published in the Federal Register.
Greenback- If you are asking about the 2011-P Unc 5 oz Silver Coins, the US Mint can keep selling them until the number of coins that have been minted have sold out. No additional 2011-dated coins can be minted during 2012.
At this point, we don’t know whether the US Mint produced the entire 35,000 stated maximum mintage for each design, or a lesser number based on anticipated demand.
The US Mint doesn’t typically give notice when coins are about to sell out, with the exception of some products which are listed in a “Last Opportunity” portion of their website. You can watch the weekly sales figures to see which products are getting close to their maximum authorized mintages.
I would wager that at least the last 2 or 3 ATB 5 oz. silver “P” coins did not have all 35,000 minted. The Gettysburg and Glacier designs probably did, but that was before it had become apparent that interest and demand were sinking like a lead boot. Unless the Mint doesn’t mind them hanging around the catalog for years, these were most likely produced to a lower anticipated demand. But who knows, products hanging around the catalog for years isn’t all that uncommon. Most of those products are of the type that don’t require constant re-pricing to follow market conditions, though.
These numismatic silver ATB coins are probably doomed to suffer the same fate as the First Spouse gold coins. Only a small dedicated following will be pursuing them. It could lead to some of them being pretty valuable later on if mintages get microscopic, but I’m a little afraid to sink much money into these. The 2010′s are really nothing but overpriced bullion right now. And, if the bullion version of Chickasaw sold less than 27,000 units and it commands no real premium, these don’t seem to have much of a chance.
Somebody at the Mint should probably read this blog and do the easiest thing that would sell out all the 5oz coins, and create continued interest in the series:
Sell Them In The Park Shops!
People are spending $ on anything and everything there. A small supply of every design in each shop plus a large supply of named shop (i.e. more Gettysburg coins in Gettysburg giftshop) would ensure these coins get the support and viewing they deserve. How many people on vacation couldn’t pass one of these up?
I will be extremely interested to view the first spouse images this year. What really peaks my curiosity is the two coins that will be minted for one first lady – Frances Cleveland. However, the Alice Paul coin will be similarly as interesting, although the mintage may be surprisingly low. We will see….
TMM- This article contains the design candidate images for the 2012 First Spouse coins.
http://news.coinupdate.com/design-candidates-for-first-spouse-gold-coins-reviewed-by-cfa-1052/
Thank you Michael. This is great…
G, I like your idea of selling some of these 5 oz. ATB’s in the park shops. Although I think a smaller size like a one or two oz version would have sold 20 times or more the volume of the big boys. People spend a lot of money at the parks. I haven’t been to one for a while but I imagine the entry fee is over 20 bucks now so 60 bucks on a one oz ATB would be no big deal at the park shops but a five oz would still sell at a much slower pace though. People show up with their credit card and ready to run it up especially if its a once a yr vacation.
The security requirements alone make the possibility of selling bullion at park gift shops out of the question. Our society’s addiction to guns and the NRA inspired (intimidated) legislator’s allowance of guns in parks has doomed that idea.
RSF:
I’m not worried about guns in parks. I’m worried about criminal felons who don’t care about the law in parks, not law-abiding citizens.
RSF – Save your Liberal rant for some other forum. Numismatics only please.
Buck – Thanks for saying what was on my mind!!
RSF – Go sit down, turn on the Clinton News Network (CNN) and keep drinking the koolaid. For us that read this forum for coin news your need to get a life!
The Mint person I talked to gave the indication that the 250-count and 500-count boxes of Presidential dollars would probably not be offered at the same time as the rolls and bags, but as in the past would be offered at a later date sometime removed from the initial release date of the Presidential dollars. He also indicated the first release date of Feb 16th might be pushed back, just as they pushed back the release date of the first National Park quarter for 2012 from Jan 23rd to Feb 3rd. But, he also was not aware of the $32.95 per roll price for the pres $ which is even on the Mint’s website, so who knows??
I also disagree with the mintage figures being higher by cutting out the banks,
which was a huge distributor for the Mint of the Pres $. Only the government would conclude that by cutting out the largest distributor of a product, there will be more demand. The banks were getting the coins at face value and their customers were getting the coins at face value. Now they are MORE than face value. The mintages will be lower, but I believe that is a GOOD thing, as it will give these coins an opportunity to increase in value when future demand outweighs available supply.