US Silver Coins for Collectors Suspended to Raise Prices

Sales have been suspended for several U.S. Mint collector silver coins since Wednesday, October 3, as price increases are pending.

The 2012 American Silver Eagle Proof Coin was one of the thirteen coins suspended for re-pricing

Prompting the U.S. Mint’s action was the steadily higher price of silver on the London Fix. In a memo from the bureau’s spokesperson, the price increases were necessary as silver has been between $30.00 – $35.00 since August 23, 2012.

Thirteen collector products, consisting of American Silver Eagle coins and America the Beautiful Five Ounce Silver Uncirculated Coins, are affected. All are composed of 99.9% pure silver. A list of the suspended coins and their price increases follow.

2012-P Hawaii Volcanoes National Park Silver Coins from $204.95 to $229.952012-P Acadia National Park Silver Coins from $204.95 to $229.952012-P Chaco Culture National Historical Park Silver Coins from $204.95 to $229.952012-P El Yunque National Forest Silver Coins from $204.95 to $229.952011-P Chickasaw National Recreation Area Silver Coins from $204.95 to $229.952011-P Vicksburg National Military Park Silver Uncirculated Coin from $204.95 to $229.952011-P Olympic National Park Silver Uncirculated Coin from $204.95 to $229.952011-P Glacier National Park Silver Uncirculated Coin from $204.95 to $229.952011-P Gettysburg National Military Park Silver Uncirculated Coin from $204.95 to $229.952012-W American Silver Eagle Proof Coins from $54.95 to $59.952012 American Eagle Silver Uncirculated Coins from $45.95 to $50.952011 American Eagle Silver Uncirculated Coins from $45.95 to $50.952012 Annual Uncirculated Dollar Coin Set, which contains a 2012 American Eagle Silver Uncirculated Coin, from $54.95 to $59.95

At this time, the U.S. Mint online product pages for the collector products above state,

"This product is temporarily unavailable for product repricing."

No indication of when sales will resume has been given.

Coin Collecting News Update: The Mint placed the coins back on sale at their higher prices during the morning of October 10.

One collector American Silver Eagle product that is still available is the Making American History Coin and Currency Set for $72.95. It contains one collector 2012-S American Silver Eagle Proof Coin and one Series 2009 $5 Note.

As for other U.S. Mint sets containing silver coins and commemoratives, they consist of 90% silver and so they are also still for sale, at this time.

Check the Coin Collecting News section of US coins for more information on many of the above coins.

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