Older US Mint Clad and Silver Annual Sets Go Off Sale Friday
December 28, 2011 by Darrin Lee Unser · Leave a Comment
Collectors have just a few more days to purchase 2010-dated clad and silver sets directly from the United States Mint. Beginning at 5PM, Eastern Time, on Friday, December 30, 2011, the annual sets will no longer be offered by the Mint as it transitions toward upcoming 2012 products.
To signify the short time-frame in which the affected products are still available, the United States Mint back in October added them to a special "Last Opportunity" section of its online store. That section now contains the six 2010 annual sets slated to be pulled from the Mint’s shelves on the 30th, including two of which contain silver coins.
Those two precious metal products listed to go off sale on Friday are the 2010 United States Mint Silver Proof Set™ and the 2010 United States Mint America the Beautiful Quarters Silver Proof Set™. Additional information on these two products is offered below:
2010 America the Beautiful Quarters Silver Proof Set
The 2010 Quarters Silver Proof Set originally went on sale from the United States Mint on May 27, 2010. Included in the set are 90 percent silver versions of the five 2010-dated releases of the America the Beautiful Quarters® Program. These strikes also happen to be the inaugural year releases of the series.
The five coins in the set include the 2010 Hot Springs National Park Quarter, 2010 Yellowstone National Park Quarter, 2010 Yosemite National Park Quarter, 2010 Grand Canyon National Park Quarter and the 2010 Mount Hood National Forest Site Quarter. In total, the five coins encompass 0.904 ounces of silver when added together. That equates to $24.67 at the spot price of $27.28 an ounce (silver is down $1.45 for the day as of this writing.)
Originally issued at $32.95, the set’s price was raised to $39.95 in March as a result of higher precious metals prices.
The latest Mint sales figures as of December 27, 2012, have the set’s total at 272,886, which is up 1,018 from the previous week.
2010 Silver Proof Set
The United States Mint began offering the 2010 Silver Proof Set on August 26, 2010. The set contains proof quality versions of all of the circulating coins struck by the United States Mint during the year with seven of them produced from 90 percent silver.
This annual set includes the five 2010 America the Beautiful Quarters as well as a Roosevelt Dime and Kennedy Half Dollar also struck from the precious metal. The remaining coins (Lincoln Cent, Jefferson Nickel, Native American $1 Coin and the four 2010-dated Presidential $1 Coins) are all struck from their standard clad composition.
When the seven precious metal coins of the set are combined, they total 1.338 ounces of silver. Currently, the United States Mint is selling this product for $64.95, up from the original price of $56.95. At the current spot price, the sets have a melt value of $36.51.
The latest United States Mint sales figures have their total at 583,668, or 2,823 higher than the previous week.
Additional 2010 Annual Sets To Go Off Sale
In addition to the aforementioned 2010 annual sets, the United States Mint will also stop selling the 2010 Proof Set, the 2010 Uncirculated Coin (Mint) Set, the 2010 Presidential $1 Coin Proof Set and the 2010 America the Beautiful Quarters Proof Set™. Like the silver sets, these products all contain numismatic versions of the 2010-dated circulating coins of the United States.
It is important to note that the United States Mint has instituted a special 7-day return policy for these products. Also, because of their limited availability, the Mint does not guarantee a replacement if damaged products are returned. Instead, a refund may be offered.
To purchase any of the annual sets, visit the Mint’s online store at www.usmint.gov/catalog.