The United States Mint’s 2012 Summer Catalog, which was recently distributed by mail, included release dates for all of the remaining 2012-P America the Beautiful Five Ounce Silver Uncirculated Coins. Since these dates have not yet been included on the US Mint’s online product schedule, I wanted to share them with readers.
According to the catalog, the 2012 release schedule is as follows:
|El Yunque||May 29|
|Chaco Culture||July 9|
|Hawai’i Volcanoes||September 24|
Despite a bit of a late start, all of the 2012-dated releases will be released within the calendar year. This is a change from the prior two years of the program. For the 2010-dated coins, all five were released within the 2011 calendar year. For the 2011-dated releases, the first three were released within the calendar year, with the final two designs released in early 2012.
The US Mint has previously indicated that the maximum mintage for each of the 2012-dated releases will be 25,000 coins. This is a reduction from the 35,000 maximum mintage established for the 2011-dated releases and also lower than the 27,000 mintage for the 2010-dated releases.
Pricing for the America the Beautiful Five Ounce Silver Uncirculated Coins is currently $204.95 each. This is subject to potential adjustment based on the market price of silver, however I don’t think a price change is likely unless silver makes a significant move. As explored in this post, the current pricing was established when silver was around $29 per ounce.
The opening sales figures for the circulating quality 2012-S El Yunque National Park Quarters are available within the latest weekly sales report. The numbers came in lower than I expected at 5,800 of the 40-coin rolls and 3,827 of the 100-coin bags. This accounts for 614,700 coins.
Notably, this is lower than the debut figures experienced for the regular “P” and “D” mint marked bags and rolls. The US Mint seemed to be hoping that this product would make a big impression with collectors, but it seems to have fallen a bit flat.
Based on the available London Fix prices, it seems likely that the prices for the US Mint’s numismatic gold and platinum coins will be reduced tomorrow. The deciding factor will likely be the Wednesday PM Fix prices.
Numismatic prices would be decreased, if the Wednesday London PM Fix price is below $1,600 for gold or below $1,450 for platinum. These decreases would reverse the price increases just seen last week.