Today, April 16, 2013 at 12:00 Noon ET, the United States Mint began sales of the 2013 America the Beautiful Quarters Three Coin Set featuring the Perry’s Victory and International Peace Memorial Quarter.
The Perry’s Victory Quarter features a view of the statue of Master Commandant Oliver Hazard Perry with the Peace Memorial visible in the background. This was designed and sculpted by Don Everhart. In this previous post, I discussed the extended process of developing and selecting the design.
Each three coin set includes uncirculated versions of the quarter from the Philadelphia and Denver Mints, along with a proof version of the quarter from the San Francisco Mint. The three coins are held on a plastic card that features an image of the site on the front of the card. The back of the card includes a brief description of the site and coin, as well as the certificate of authenticity.
The Perry’s Victory Quarter Three Coin Set is priced at $9.95 each, with no product limit or household ordering limits imposed. This product type is also available as a subscription option.
All sixteen previously released three coin sets still remain available for sale on the US Mint’s website.
Price Decreases for Gold and Platinum Products
The recent drop in precious metals prices will result in price decreases for the United States Mint’s gold and platinum numismatic products. These products are priced according to a grid and adjusted weekly based on the average market price of the metals as determined by the London Fix prices from the prior Thursday AM to the present Wednesday AM.
The table below shows the available Fix prices for the weekly period:
|London Fix Prices|
|April 11 (AM)||1,555.75||1,525.00|
|April 11 (PM)||1,565.00||1,531.50|
|April 12 (AM)||1,548.00||1,524.00|
|April 12 (PM)||1,535.50||1,514.00|
|April 15 (AM)||1,416.00||1,449.00|
|April 15 (PM)||1,395.00||1,448.00|
|April 16 (AM)||1,378.00||1,432.00|
|April 16 (PM)||1,380.00||1,446.00|
|April 17 (AM)||?||?|
Based on the available data, the average weekly price of gold should fall within the $1,450 to $1,499 range, and the weekly average for platinum should be in the $1,450 to $1,499 range. In the case of gold, the sharply lower fix prices occurred in the second half of the period, leaving the average price still two tiers higher than the current market price around $1,390.
Provided there is not a very significant price movement for the final Wednesday AM Fix price, the US Mint’s numismatic gold products should see prices reduced by two tiers, or $100 per ounce of gold content. The US Mint’s numismatic platinum product should see the price reduced by one tier, or $50.
The latest weekly average gold price will also serve to establish the opening prices for the 2013 Proof American Gold Eagles to be released on Thursday. A forthcoming post will be devoted to this release.
Also of note, the introductory pricing for the 5-Star Generals Commemorative Coins will conclude this Friday, April 19 at 5:00 PM ET. This means that the individual $5 gold coins and 3-Coin Proof Set should see their prices reduced tomorrow, but then increased on Friday to reflect regular pricing. The latest weekly sales report published today, shows the 3-Coin Proof Set close to a sell out of the 10,000 product limit.