The US Mint has confirmed that the 25th Anniversary Silver Eagle Set will go on sale October 27, 2011 with shipping expected to begin in late November. Unfortunately, there are still no pricing details available.
Some details of the offering were previously provided in a US Mint press release. The five coin sets will include one proof coin struck at the West Point Mint, one uncirculated coin struck at the West Point Mint, one uncirculated coin struck at the San Francisco Mint, one reverse proof coin struck at the Philadelphia Mint, and one bullion coin. As indicated elsewhere, the coins will carry the appropriate mint marks, with the exception of the bullion coin, which will not have a mint mark.
Through other product offerings or channels, the US Mint has already offered an uncirculated coin struck at West Point, a proof coin struck at West Point, and bullion coin. Based on available information, it seems that the two remaining coins will be unique to the 25th Anniversary Set.
From the press release, the Mint plans to produce “up to 100,000” of the sets with a household order limit of 5.
A lot of people are speculating on the price for the 25th Anniversary Silver Eagle Set. My guess would be above $300, maybe $320 to $350. In recent history, US Mint numismatic product prices tend to be higher than collectors expect. I might be wrong, but we will see.
It doesn’t always work to add up the prices of individual coins included within a multi-coin product. Back in 2006, the US Mint offered the 20th Anniversary Gold and Silver Eagle Set for $850. Later (and I believe concurrent with the offering) the one ounce 2006-W Gold Eagle and 2006-W Silver Eagle contained in the set were available individually for $720 and $19.95, or $739.95.
To provide some additional data, the 2006 20th Anniversary Silver Eagle Set containing an uncirculated coin, proof coin, and reverse proof coin was priced at $100 per set. At the time, the proof coin was priced individually at $27.95 and the uncirculated coin was later offered for $19.95. The market price of silver was around $12 per ounce.
At the end of the day (as long as the product limit remains 100,000 or less and the two potentially unique coins are unique), secondary market prices will be almost immediately significantly higher than whatever the US Mint issue price is.