Today, June 4, 2013 at 12:00 Noon ET, the United States Mint will begin sales of the 2013 Uncirculated Coin Set or “Mint Set”. Along with the previously released 2013 Proof Set and 2013 Silver Proof Set, this represents one of the Mint’s core annual sets.
The 2013 Mint Set includes two separate folders containing 14 coins each from the Philadelphia and Denver Mints. This makes for a total of 28 uncirculated quality coins. Specifically, the following coins are included in each set:
- 2013 P & D Lincoln Cents
- 2013 P & D Jefferson Nickels
- 2013 P & D Roosevelt Dimes
- 2013 P & D White Mountain Quarters
- 2013 P & D Perry’s Victory Quarters
- 2013 P & D Great Basin Quarters
- 2013 P & D Fort McHenry Quarters
- 2013 P & D Mount Rushmore Quarters
- 2013 P & D Kennedy Half Dollars
- 2013 P & D William McKinley Dollars
- 2013 P &D Theodore Roosevelt Dollars
- 2013 P & D William Howard Taft Dollars
- 2013 P & D Woodrow Wilson Dollars
- 2013 P & D Native American Dollars
The US Mint has introduced a new packaging style for the set. The folders contain an image of the American flag on the front. The folder containing the Philadelphia Mint coins is accentuated in blue, while the folder containing the Denver Mint coins is accentuated in red.
The price of the 2013 Mint Set is $27.95, which is unchanged from the prior year. There are no stated product limits or ordering limits in place.
Last year’s Mint Set had sold out in January resulting in a total availability period of about eight months. The last reported sales were 392,224, representing the lowest sales total since 1963. This seems to have driven some higher secondary market prices. A survey of recently completed eBay auctions shows 2012 Mint Sets realizing prices of more than $50 per set.
Numismatic Gold Price Increase Possible
There is a chance that prices for the United States Mint’s numismatic gold products may be increased tomorrow. Under the Mint’s pricing structure, a change occurs if the average London Fix price from the prior Thursday Am to the current Wednesday AM is within a different tier than the prior week. As an additional criteria, the Wednesday PM Fix price must agree directionally with any potential change.
Based on the data available so far, the average weekly gold price will likely fall within the $1,400 to $1,449.99 range. This is one tier higher than the range used to determine the current prices.
Whether or not the price increase takes place will likely come down to the Wednesday PM Fix price. If this is below $1,400, then a price change would not take place. If it is $1,400 or higher, then prices would be increased proportionally by $50 for each ounce of gold content. If applicable, pricing changes have usually been implemented around mid-morning on Wednesday.
The impacted products would include the 2012 First Spouse Gold Coins, 2013 commemorative gold coins, 2013 Proof Gold Eagles, and the 2013 Proof Gold Buffalo. The pricing tier established would also determine the opening price for the 2013-W Uncirculated Gold Eagle to be released on June 6.