The sell outs for 2012-dated US Mint products continue. Today, the Mint’s website is showing the clad version 2012 Proof Set as sold out. This joins the annual set containing 90% silver coins which sold out yesterday.
The 2012 Proof Set contains proof versions of the Lincoln Cent, Jefferson Nickel, Roosevelt Dime, five America the Beautiful Quarters, four Presidential Dollars, and the Native American Dollar. These are all struck at the San Francisco Mint with the “S” mint mark in the standard compositions. The sets originally went on sale May 7, 2012 and were priced at $31.95 each.
Based on the most recent sales report, the US Mint had received orders for 789,782 sets. This would represent the lowest mintage for the popular annual offering in more than 50 years.
Although the trend has been towards lower mintages for the past several years, this represents a significant step lower. The 2010 Proof Set had last reported sales of 1,103,950, followed by 1,098,284 for the 2011 Proof Set, which concluded sales on December 31. The last reported sales of 789,782 for the 2012 Proof Set is the lowest total since the 1956 Proof Set, which had sold 669,384 units.
To reiterate some points raised after yesterday’s sell out, the period of availability for the 2012 set was far shorter compared to the prior year. The 2011 set was available for nearly two full years, compared to 8 months for the 2012 set.
Also, although the full annual 2012 Proof Set has sold out, some of the coins in the set remain available from the US Mint within other products. The proof cent, nickel, dime, and half dollar are available within the 2012 Birth Set. The five proof quarters are available in the 2012 America the Beautiful Quarters Proof Set. Only the four proof 2012 Presidential Dollars and proof 2012 Native American Dollar are no longer available in any products from the Mint.