US Mint Lowers Prices for Several 2012 Numismatic Products

[henrysmedford]

United States Mint Lowers Prices for Several 2012 Numismatic Products

WASHINGTON - The United States Mint is pleased to announce that it is reducing or maintaining 2011 prices for some of its most popular products to be offered in 2012. The bureau was able to set these lower prices and maintain others by refining the product costing process, taking advantage of current lower prices for precious metals and negotiating better pricing from its suppliers.

"We hope these prices will allow us to attract more Americans to coin collecting, while increasing collecting opportunities for our current customer base," said United States Mint Deputy Director Richard A. Peterson.

Products with reduced prices in 2012 include the following:

* United States Mint Uncirculated Coin Set® - reduced from $31.95 to $27.95
* America the Beautiful Quarters Three-Coin SetTM - reduced from $14.95 to $9.95
* America the Beautiful Quarters Uncirculated Coin SetTM - reduced from $21.95 to $12.95
* America the Beautiful Quarters® 100-Coin Bag - reduced from $49.95 to $34.95
* American Eagle Proof Silver Dollar - reduced from $68.45 to $61.95*
* Presidential and Native American $1 Coin Rolls - reduced from $39.95 to $32.95
* United States Mint Presidential $1 Coin Proof SetTM - reduced from $19.95 to $18.95
* Presidential $1 Coin Uncirculated SetTM - reduced from $19.95 to $16.95
* United States Mint Presidential $1 Coin & First Spouse Medal SetTM - reduced from $14.95 to $9.95

[bman]

in other words....they didn't sell out of these items and want to get rid of them. Notice the price for Proof sets didn't drop any. That is the only thing I get from them.

[Neckro]

Yeah, just lowered the price on the garbage no one really buys

[uthminsta]

* Presidential and Native American $1 Coin Rolls - reduced from $39.95 to $32.95

Yeah, just toss those in with the other hundreds of millions of prez coins, sitting there gathering dust. I went in to my bank today and asked if they had anything out of the ordinary. They showed me a small bucket full of presidential and Sacajawea dollars. They weren't even in their tills, they were in a cabinet back out of the way... they said "We just get SO many of those, and NO ONE wants them. So we put them back here."

[reddirtcoins]

... and the silver is still WAY over rpiced... IMO