The United States Mint will charge $29.95 for its special set of 10 enhanced uncirculated coins. News of the price came Friday morning in the form of an updated product page. The set goes on sale Aug. 1 at noon ET.
Celebrating the Mint’s 225th anniversary, it contains the same base metal coins as those within the 2017 Proof Set. That set is $3 less at $26.95. It was released on March 29 and has sales of 312,796 through July 16.
Proof coins have frosted designs and mirror-like backgrounds. The enhanced uncirculated coins of the anniversary set are distinctly different than proofs, the Mint describes, as they are created "using a combination of laser frosted areas and an unpolished field that accentuates design details." Each is made at the San Francisco and bears a ‘S’ mint mark.
The unique set will launch on the first of the month without household order limits. Its mintage is capped at 225,000, paying tribute of a sort to the Mint’s 225th anniversary.
For more information, visit the set’s product page.
Not too terrible. My guess is this one means they’ll skip the coins & currency set for the year. I’ll get one though the mintage is so large doubt if it will ever be worth much more. On the other hand, there should be enough for everybody.
Does anyone know which coins that this will be a “first” for an enhanced coin for the type? I think this will be the first enhanced penny and first enhanced nickel but I certainly could be wrong as I don’t collect either of those. I think it will be the second time that they made enhanced Kennedy half dollars.
@ Richard I think that this will sell out and possibly very fast. Since you usually get the Native American dollar and since it is probably pretty important to you, you should be sure to order the set on the first day. Looking at the proof sets that have already sold over 300,000 in 2 months, this mintage of 225,000 could sell pretty quickly. I know the proof sets have regular customers that buy them every year and that won’t be the same with this set BUT it is a special 225th anniversary plus I think it will be the… Read more »
Agreed it will probably sell out fairly fast. I wish it would be in Silver for the Dime, Quarter, and Half. That would have made it more special as an Anniversary Unc., set. Oh well, beggars can’t be choosers!
I bet the coin vault buys 150,000 sets and gets most of them graded
don’t forget they will sell 5,000 sets at the Denver ANA show so only 220,000 sets available
@ coinstar
I was looking for more information about the 5,000 sets at the ANA show in Denver. Do you know if there is a daily limit or per person limit?
Thanks
the us mint has not yet stated if they will impose a in-person ordering limit, the possibility is that a single buyer could purchase all the sets available, or at least a significant portion of them, depending on where they (or a representative) queue up in line, so they could all sell the first day of the 5 day event. on site grading with special labels will be highly sought after
Will buy 2 sets for my grandkids . But $30 +$4.95 may be little high ? 225,000 maybe high mintage on moderns issue. Also remember one thing, there do not have real value metal, that mean: Penny is penny ,dime is dime . And the mint sell them over 15X of face value.
My gut feeling is that these will sell out fast due to the dealers purchasing thousands of sets.
There should be a limit for the first week.
The 1996W dime mintage looks pretty high by comparison, as do all Lincoln cents, including the 1909S VDB.
Let’s see, 225,000 times $3 = $675,000 to cover the cost of “a combination of laser frosted areas and an unpolished field that accentuates design details”? Seems excessive for these minor changes to the coins’ appearances don’t you think?
@ Jim “$675,000 -Seems excessive for these minor changes ” I’m usually first in line to help bash the mint but this time: Nah, not really. For starters it’s TEN coins with the treatment on both sides, right? That’s 20 side and designing the dies for that. And I’m sure that part of the desgning is making the first set of dies, doing strike tests and then improving areas that didn’t look right. So who know how many different dies they had to make in order to get the appearance right? Times ten. So I wouldn’t consider that this 675K… Read more »
I think we all would have preferred silver for this 225th Anniversary Set. For some reason the no household limit does not surprise me. Now a days anything the Mint does or does not do does not surprise me. I will try to get this set from the Mint but what I have to decide on is if and which coins to get on the second market that are graded and if it will be worth getting graded ones. I guess the cost will help me decide.
No HH limit at least that’s what’s on the Mint’s website so it wouldn’t surprise me if these big boy dealers and flippers buy vast quantities of the set in order to get that First Strike/First Day of Issue/BS graded 70 of course by their buddies the TPGs who wouldn’t want to piss of their best customers by giving them too much of the lesser grades … followed by the First Strikes, etc. …. So I think the EU wets will sell out quickly since the price is low enough for the big buyers with big budgets to scoop up… Read more »
It would definitely be interesting to see the numbers. And yeah, it’ll probably be another fiasco like the Congratulations set. I’m hoping the limited edition silver proof set will be a low HH limit so collectors will have an opportunity to get the S-mint silver $1 they missed out on in the Congratulations set.
these sets will be available in person at 4 different locations, in-person sales at the contracted sales center at the Philadelphia Mint and Denver mint and the sales center at U.S. Mint headquarters in the District of Columbia, also at the ANA convention in Denver, so if you go to Denver, 2 places to walk in and purchase. only 205,000 sets will be available at noon on the 1st of August, as these 4 different locations will be holding 20,000 sets for personal walk in customers.
@ Jim You mentioned the Congratulations set disaster. My experience that day at 12:00 noon on the phone with them really turned me off from buying coins from the mint, or even made by the mint. Since that day I’ve spent about $5K on coins, but they were all foreign coins. I wonder if the Mint ever wonders why they are losing customers? That there is no household limit on this special 225th anniversary set kind of indicates that there wont be a HHL on the Limited Edition sets that doesn’t usually have a limit. If they don’t have a… Read more »
@coinstar
If these 4 locations don’t have a HH limit then it is possible that one big buyer at the front of the line can buy up all (especially important for the show, of course with the TPG’s and their Denver Show labels ….)
@ Tinto That’s one thing that I have never understood. I only want graded coins in my collection, but that show label doesn’t add even a dimes worth of value to me. Okay, I can see where someone would think it would add $10 to the coins value, but not $50, or $100 or even $200 extra that I have seen. They are buying the label and not the coin. The coin is indistinguishable from the other coins. It just makes no sense to me. The TPG’s and big dealers LOVE IT and it ends up hurting the collectors who… Read more »
@RODNEY MOORE
I too don’t like those “special” labels, but it seems the TPGs and their supporters (the big coin dealers/etc. I’d think) have been drumming this “special” labels thing for years and years and “created” this environment where many folks think it’s special …
“Special” labels…PFFFFFTTTTT!!!
Real collectors understand it’s the coin they’re collecting and not the label. I myself don’t need a second opinion (i.e. grader) to know what coin I’ve bought from the mint. And since I’m collecting and not buying and selling it doesn’t matter to me if I’ve got a 68 or 69 or 70. I understand that graders don’t even say why a coin is a 69 and not a 70, don’t point out the minute flaw that makes a coin not a 70. If I can’t see why it’s a 69 and not a 70 and they won’t tell me… Read more »
These grading company’s started the same time the silver eagle program began. Just for an example, NGC graded silver eagles from 2006 have 13 different labels. The 2006 silver eagle MS 70 Early Releases only has a population of about 63 coins and worth around 3,000.00. It’s crazy! And now you can get hundreds of different labels. I just want my coin to be put in a decent holder stating the date and grade.
I think I saw that HSN (bought out by QVC) guy hawking ANACS graded 2017 ASE and he kept saying the label had the July 2017 date ……. go figure …
@Steve
Yeah …. all those First Strike, Early Release, First Day of Issue, Show labels ….it’s the hype and who knows maybe some buying and selling among the big boys with high prices on such stuff to get the ball rolling … and soon outside others start to bite …..
@ Steve. One thing I collect pretty seriously is South African Silver Rands. I started a competitive set on NGC’s website. The 1995 railway coin used to have a label that said just “Railway”. Someone discovered that they made just a few coins with a frosted train door, so NGC changed the labels to “Mirrored train door” and “Frosted train door” and they no longer put just “railway” on the labels if you submit a coin for grading. So for me to have a 100% complete set I will have to buy one since I can’t submit a coin for… Read more »
@ Tinto Even the mint slyly says that “First Strike, First Release, Early Release” is a scam. They put out a statement on it even. The designation is meaningless. They used to charge $15 for it but dropped it to $5 now. I wouldn’t even pay that for it when submitting. A coin made in that 30 day window may have been made at the end of the day on the 30th day on a worn die! Or a coin on the 31st day may be the first coin struck on a brand new die and much nicer than the… Read more »
@RODNEY MOORE For me I collected on and off for years starting with Morgan dollars and accumulated some old foreign coins along the way then got into modern coins … and have sold off a lot of it along the way … I don’t have anyone to leave the coins to so I am gonna slowly sell off the rest before I get too old .. I had a lot of the moderns in OGP but have been slowly getting the PM ones into PCGS holders but I think I will change to NGC since once I am a member… Read more »
there is one seller on e bay selling these sets for 41.99 with free shipping. after final value fees, paypal fees, cost of shipping, gas to drive to post office, shipping supplies, paying us mint shipping fee, he might be making 2 dollars per hour for his time
not to mention he might not get any sets if they sell out in 5 minutes
$2.50 more than what i wrote in past blog, what it should be. Not to,to bad. Not to many years ago I would slap down my cc & buy at least 10 from our Mint, wait for quick sell out. If not that quick i’d pay interest 1 or 2 months, or i wood keep them,if i endup really liken them keep them & take a bigger hit. Do my best to pay perinsapel off. I’d keep 1 sell rest, not much $$$ always. Only time i would grade for flip & i’m no expert by all means. For instance… Read more »
@ Coinstar I think what is happening there is the guy is buying ten or twenty sets (or more) cherry picking the best cases out of the sets and then selling the culls at cost. He’s looking for coins that’ll grade 70’s and selling the ones that he think won’t. He’s most likely making postage labels at home like most of the sellers do so no post office gas. He’s probably delighted at getting his money back plus two bucks for each set. That would be my guess on the “why” of it. Plus, he may have predicted the set… Read more »
@Coinstar.
I’ve brought that up numerous times about Ebay sellers. I’ve observed Ebay sellers, listing the recent “2017 Liberty Gold Coin” with a $1,650.00 “Buy It Now” price.
They’re losing money after fees, etc.
Wow! talk about a loss on the 1,650 buy it now price. that would be like working 1 and 1/2 days at your job with no pay. must of put the purchase on a credit card and needed a fast sell. why do people buy coins if they don’t have the money?
I’ve seen that hundreds of times on Ebay with sellers of coins.
there are some coin sets you wonder why prices are so low like the 2000 coinage and currency set with the rare 2000 W silver eagle and burnished sac dollar, with only 75,000 sets minted. you would think these sets would be selling for several hundred dollars
@ Rodney Moore, that’s probably why mint products in sealed boxes sell for big money, no cherry picking going on there
coinstar –
The 2000 coinage and currency set has an uncirculated silver eagle with no mint mark. It is assumed to have come from West Point but as a stand alone coin it is no different than any other uncirculated silver eagle. So there’s no wonder on my part.
Wasn’t there a story about the TPGs grading the Kennedy show gold coins which turned out to be more in total than what was supposed to be sold at the show? Anybody know what ever happened after that story came out ?
Keep it simple stupid. Herd that more than 1x to to many Xs some place. *PARANTS*GOLDEN*RULER* still stands, no princelpel public school*#*1mean,it,pick some stuff over those years *GOOD*TEKCHER*s DO NOT BUY very,very,verygo,on+ Simple. i ges i have add wood have went to IVL school end of line, my line not far from here. Sign up football try out, i’ll take any thing, H2O *kid, would like, fs, s, oscb dream on O Yaa right. Got AA card at 18 $1100 perrty good+ danger, all for shaging carrigesis all over the naborhood, up trees, marhshes,end of cat walks heavy suopy mud,garage… Read more »
@ Tinto I had not heard that about the Kennedy gold show coins. Due to politics, no one (writers, coin mags, etc) will publicly criticize the mint or the TPG’s. They don’t want to lose their inside contacts for one. So that story probably got suppressed. You mentioned the Kennedy gold show coins so I have another one for you: what about the 2017 Silver Krugerrand premium uncirculated coins that mostly all got sent back because they were bad? But here’s the thing: some did get sold to the public from the mint. I know, because I bought some from… Read more »
@RODNEY MOORE
Yeah, the numismatic “press” is looking at these kinds of stories .. I guess.
I see MCM has been pre-selling the 2017-W APE in OGP at 1,199.00 and it’s NOT a pre-sale … so that coin in OGP is probably less than a 69 grade since I see some MCM pre-sale of 69 NGC First Release label at around 50 bucks less than the Mint …
I think this coin is a dud … the resurrected design was a dud ..
I got an email from MCM selling the 2017-W APE for 1166.00 for a check or wire. It really is a dud!!
I’m correcting my self except for spelling, my 2 blogs above. 2009 *unc set i wrote NO ZINC, there is 5% zinc, 5%tin,95%copper all designs have a mintage of 784,614, V.D.B is watching. Unlike high mintage Copper ~ Plated Zinc 1982 not all 1982′ twos total mintage p & d 10,712,525,00 between 95% copper & copper ~ plated zinc cents, 1983 & on p,d,s, mint mark cents are copper ~ plated zinc. I have a good habit of collecting all 1982 & before 95% copper cents. Wheats 1909,1958 i put in separate pile. Someday God only knows, our U.S. Gov.… Read more »
The U.S. Mint has had a consumer information section on its website since at least 2004. To get there you have to go to their website home page & click on “Newsroom” & then click on “Consumer Alerts” & then click on “Consumer Information”. They also have a business alert section that tells what private Mints & dealers & collectors can & cannot do under Federal laws with coins, medals etc. Very interesting information for sure. I remember back in 2004 when they recalled one of their Lewis & Clark Coin & Pouch sets that cost $120 issue price &… Read more »
I feel like the Mint blew it by not including a set of coins made at the West Point mint? Why not showcase coins from all the currently operating mints in the United States.
The West Point mint gets no respect. I wonder how many business strike coins it has made since the 1970s that were never given W mintmarks?
@ Joe Brown You asked where the mint made a statement that “first release, early release, first strike” is a worthless designation so I am providing the statement and then a link to the US Mints website with the statement and more info. FR, ER, FS is pretty close to a scam and collectors shouldn’t fall for it. The old price used to be $15 to have it put on the label and I wonder how many millions of dollars were collected to put the meaningless designation on labels? Here’s the Mint’s cautionary statement : “The United States Mint has… Read more »
it’s hard to tell how these sets will do, 82 percent of the population lives week to week and can’t afford a 30 dollar set
It amazes me how people live hand to mouth and have money for a Amazon prime membership, a I-phone and cable tv. That in itself could be part of the reason people live paycheck to paycheck.
that’s very true, buying a brand new car with a 600 dollar monthly payment, what a huge mistake, just because some people think they deserve it