2009 Proof & Mint Sets
Before the end of the year, I wanted to take a post to review the status of the US Mint's core annual proof and mint set offerings. By core annual sets, I am referring to the 2009 Proof Set, 2009 Silver Proof Set, and 2009 Uncirculated Mint Set.
In past years, sometimes one of the US Mint's annual sets has sold out before the end of the year, catching collectors by surprise. Last year, the US Mint sold out of the 2008 Proof Set in mid-December. The unexpected nature of the sell out and a relatively low mintage combined to drive secondary market prices higher. This 2008 Proof Set still sells for more than double the original issue price.
The most recent sales for this year's core mint and proof set offerings are shown below, along with the date that sales began for each product. (You can view the full weekly sales report posted today on Coin Update News.)
|Product||Sales Start||Sales to Date|
|2009 Proof Set||June 1, 2009||1,392,782|
|2009 Silver Proof Set||July 17, 2009||628,289|
|2009 Mint Set||October 1, 2009||657,322|
For comparison here are the sales start dates, end dates, and final sales figures for the 2008 offerings.
|Product||Sales Start||Sales End||Total Sales|
|2008 Proof Set||June 24, 2008||Dec 14, 2008||1,405,674|
|2008 Silver Proof Set||Aug 26, 2008||July 17, 2009||774,874|
|2008 Mint Set||July 30, 2008||Feb 25, 2009||745,464|
Interestingly, the sales figures for the 2009 sets are still below the levels reached last year. Personally, I was expecting the 2009 annual sets to have higher mintages due to the inclusion of the 95% copper Lincoln Cents. The introduction of separate Lincoln products may have dampened the effect. If an early sell out occurs for any of the 2009 sets, there would be a strong case for higher prices. Personally, I prefer the regular clad version 2009 Proof Set and 2009 Mint Set.
At the time of writing this post, one of the single denomination proof sets has already sold out. The 2009 Lincoln Cent Proof Set, which contains the four 95% copper Proof 2009 Lincoln Cents, sold out today. The set originally went on sale August 26, 2009 priced at $7.95. The most recent sales report indicates that the US Mint sold 201,107 of the sets.
Labels: Annual Sets