2012 ASE SanFrancisco 75th Anniversary Set

Discussion in 'Silver Coins' started by Jaceravone, Apr 20, 2012.

  1. Jaceravone

    Jaceravone New Member

    Joined:
    Mar 24, 2012
    Messages:
    109
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States of America
    As posted on www.mintnewsblog.com.
    In the past week or so, there have been a few tidbits and mentions of a 75th Anniversary San Francisco Set included in articles published by Numismatic News. So far the United States Mint has yet to officially announce the set, but a recent inquiry confirmed that the basic details have been decided with production scheduled to begin on May 11.
    The San Francisco Mint was opened in 1854 in response to the California Gold Rush. In 1874, it moved to a new larger facility, which would come to be known as the "Granite Lady". The building famously survived the 1906 San Francisco earthquake and fire and was featured in a 2006 commemorative coin program. The San Francisco Mint moved to a more modern facility in 1937. The facility currently produces proof coins, silver proof coins, Silver Eagle bullion coins, and certain other numismatic issues.
    The set commemorating the 75th Anniversary of the current San Francisco Mint will include a 2012-S Proof Silver Eagle and 2012-S Reverse Proof Silver Eagle. These coins will represent two new special versions of the Silver Eagle, potentially unique to the set.
    The US Mint has not established the mintage limit, ordering limit, pricing, and release date for the 75th Anniversary San Francisco Set.
    Last year when the US Mint offered the 25th Anniversary Silver Eagle Set, there were many complaints from customers who were unable to order a set. The US Mint had established a mintage limit of 100,000 sets and ordering limit of 5 per household. The Mint's website was inundated with traffic and sales quickly reached the sell out level. Typically after something like this occurs, the US Mint overcompensates with the next offering to make sue it doesn't happen again. I anticipate that the mintage limit for the 75th Anniversary Set will be much higher and possibly the household ordering limit will be lower.
    As mentioned in a recent post, the US Mint has also indicated that they will offer collectible uncirculated versions of the Silver Eagle with the "S" and "W" mint mark.
    All together this will result in five different numismatic versions of the Silver Eagle available for this year. The number of numismatic versions of the coin have increased dramatically in the past few years.

    This will be exciting. I hope the mint limits the sets like last year to 100k. That should really piss people off again.
     
  2. SA@YPS

    SA@YPS New Member

    Joined:
    Jan 9, 2012
    Messages:
    180
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    USA

    That will never happen. The mintage will most likely be 250k with a household limit of 1 or 2 (at first). It won't be near the flip potential as the 25th anni. set. The mint is killing the longterm potential of these things by putting out so many special sets now.
     
  3. Addielise

    Addielise New Member

    Joined:
    Mar 14, 2012
    Messages:
    5
    Likes Received:
    0
    Trophy Points:
    0
    Goes on sale 6/7 per the US Mint website.
     
  4. slater

    slater New Member

    Joined:
    Mar 22, 2012
    Messages:
    15
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    new york, usa
    thanks for the heads up...
     
  5. Addielise

    Addielise New Member

    Joined:
    Mar 14, 2012
    Messages:
    5
    Likes Received:
    0
    Trophy Points:
    0
  6. Jaceravone

    Jaceravone New Member

    Joined:
    Mar 24, 2012
    Messages:
    109
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States of America
    Mark my words....there will still be people crying that 4 weeks wasn't long enough and that they didn't get their sets.
     

Share This Page