2012 Silver Dollar Pricing Reduced, Commemorative Coin Release Dates
February 10, 2012 by Darrin Lee Unser · 1 Comment
Release dates are available and pricing for the upcoming 2012 silver dollar commemorative coins have been reduced by the United States Mint, according to a notice published in the Federal Register on Thursday, February 9.
New price points for the yet to be released Infantry Soldier Silver Dollar and the Star-Spangled Banner Silver Dollar will be lower than what had previously been announced. It was just two weeks ago when the U.S. Mint initially declared what both commemorative coins would be sold for in a notice that appeared on January 26, 2012. And those prices were $5 higher.
Adjusted Silver Dollar Prices
According to the most recent information, uncirculated silver dollars will now be sold at an introductory price of $44.95 with a regular price of $49.95. Proof silver dollars will initially be offered at an introductory price of $49.95 with a regular price of $54.95.
Also, the latest notice indicates an Infantry Soldier Silver Dollar Special Set will go for $51.95. Whether or not this is the same product as the previously announced 2012 Infantry Soldier Silver Dollar Defenders of Freedom Set is not known, but the Defenders of Freedom Set was listed to sell for $61.95.
The price for one additional 2012 commemorative coin product was also listed in the latest Federal Register notice. It shows that a Star-Spangled Banner Bicentennial Silver Dollar Set will sell for $53.95.
Commemorative Coin Release Dates and Introductory Pricing Period
The U.S. Mint plans to release the individual Infantry Soldier Silver Dollars on February 16. Star-Spangled Banner Silver Dollars are scheduled to launch on March 5. Release dates for any of the associated sets are not yet known.
"The introductory pricing period for the 2012 Infantry Soldier Silver Dollar begins February 16, and ends March 19. The introductory pricing period for the 2012 Star-Spangled Banner Commemorative Coin Program begins March 5, and ends April 5," the Federal Register notice states.
Prices on the related Star-Spangled Banner $5 Gold Coins is not affected by the recent reductions. The U.S. Mint uses a pricing matrix for its gold commemorative coins which allows for weekly price adjustments based on current market activity.
Prices might be reduced but whats more important is the numbers struck from each series of coins. The lesser coins, the faster the price goes up and that is exactly what dealers and investors are waiting for.