2012 Silver Proof Set

The 2012 Silver Proof Set (Buy on eBay) was the first of the 2012-dated annual sets to unexpectedly sell out with an extremely low level of last reported sales. The shortened period of availability clearly caught some collectors and dealers by surprise and secondary market prices saw an immediate boost.

2012 Silver Proof Set
2012 Silver Proof Set

Each set contained a total of fourteen coins. The clad composition coins included the Lincoln Cent, Jefferson Nickel, four Presidential Dollars, and the Native American Dollar. The coins struck in a special composition of 90% silver included the dime, five America the Beautiful Quarters, and the Kennedy Half Dollar. Together these coins accounted for 1.33823 troy ounces of pure silver content.

The sets originally went on sale at the United States Mint on June 4, 2012. This release date was several months later than the previous year, when the Mint had made a concerted effort to release the most popular annual sets earlier. The sell out occurred on January 2, 2013, resulting in just under seven months of availability. While this duration was not unusual in the history of the offering, it was significantly shorter than recent sets, which had remained available for nearly two years.

Last reported sales for the 2012 Silver Proof Set came in at 395,443. This represented a decline of more than 30% compared to the final sales for the prior year set. More significantly, it established a new mintage low for the modern 90% Silver Proof Set, significantly undercutting the previous low of 549,878 reached in 1995.

Packaging for the set was consistent with the previous year. The coins were arranged into three separate plastic lenses, with those containing silver coins having black inserts. These were placed with a certificate of authenticity in an outer cardboard box containing a statement of the product name against a black background.

2012-sps-box

2012 Silver Proof Set Coins

2012 Silver Proof Set Information

  • Coins per Set: 14
  • Face Value: $6.91
  • Silver Content: 1.338 troy oz. (41.616 g)
  • Original Issue Price: $67.95
  • Mintage: 395,443


2012 Limited Edition Silver Proof Set

On November 27, 2012, the U.S. began selling the first-ever 2012 Limited Edition Silver Proof Set (Buy on eBay) to alongside the annual Silver Proof Set, with a product limit of 50,000 and a household limit of two sets.

2012 Limited Edition Silver Proof Set

The set came with 8 coins, which included the 90% fine silver versions of the Roosevelt Dime, Kennedy Half Dollar, and all five America the Beautiful Quarters included in the standard Silver Proof Set, along with the .999 fine silver 2012-W American Silver Eagle, which was not included in the annual set.

With the exception of the American Silver Eagle, which was struck at the West Point Mint and carries the “W” mint mark, every coin in the set was struck at the San Francisco Mint and carries the “S” mint mark.

All the coins in the set came encased in individual protective capsules, with the whole set housed inside a special luxury case specifically designed for the Limited Edition Silver Proof Set.

Despite being the first iteration of the Limited Edition Silver Proof Set, the set’s cumulative sales fell short of the 50,000 product limit at 44,952.

2012 Limited Edition Silver Proof Set Coins

2012 Limited Edition Silver Proof Set Information

  • Coins per Set: 8
  • Face Value: $2.85
  • Silver Content: 2.337 troy oz. (72.697 g)
  • Original Issue Price: $149.95
  • Mintage: 44,952


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