Mint News Blog

News, Information, and Commentary on US Mint Products

Tuesday, July 20, 2010

2010 United States Mint Proof Set

The United States Mint will begin sales of the 2010 Proof Set later this week on July 22, 2010 at 12:00 Noon ET. This closely follows the release of the 2010 Mint Set, which was first offered for sale one week earlier.

The 2010 Proof Set will contain a total of 14 different proof coins, struck at the San Francisco Mint. The following coins are included in each set:

2010-S Proof Lincoln Cent

2010-S Proof Jefferson Nickel

2010-S Proof Roosevelt Dime

5 - 2010-S Proof America the Beautiful Quarters featuring Hot Springs National Park, Yellowstone National Park, Yosemite National Park, Grand Canyon National Park, and Mount Hood National Forest.

2010-S Proof Kennedy Half Dollar

4 - 2010-S Proof Presidential Dollars featuring Millard Fillmore, Franklin Pierce, James Buchanan, and Abraham Lincoln.

2010-S Proof Native American Dollar

The number of coins in the set is down from the 18 coins included in last year's set. As a result the coins are packaged in three plastic lenses (down from four). Separate lenses contain the Presidential Dollars and America the Beautiful Quarters. The cent, nickel, dime, half dollar, and Native American Dollar are contained in a final lens. The outer cardboard box carries a new design featuring an image of the San Francisco Mint.

The price of the 2010 Proof Set is $31.95. This reflects a price increase of $2 compared to last year's set, despite the lower number of coins included. The 2008 Proof Set, which is the most recent set to contain the same arrangement of denominations, was priced at $26.95.

The release of last year's 2009 Proof Set was met with a high level of enthusiasm due to the inclusion of the four different 2009 Lincoln Cents struck in a special composition of 95% copper. This year's set does include the inaugural year for the America the Beautiful Quarters Program and the 2010 Lincoln Presidential Dollar. However, the excitement surrounding these specific coins is somewhat diffused by the fact that they have already been released in the component 2010 Presidential Dollar Proof Set and 2010 America the Beautiful Quarters Proof Set.

It seems likely that sales of the 2010 Proof Set will fall short of the total sales attained for the 2009 Proof Set. The general trend for this year's US Mint product sales has been down, as some collectors have been dismayed by the price increases, coin designs, and the general product line up.

The debut sales figures for the recently released 2010 Mint Set came in at 200,764. This sets a slower pace than the prior year 2009 Mint Set. The full sales report is available on Coin Update News.



At July 20, 2010 at 5:59 PM , Anonymous Anonymous said...

Today, I received my "2010 United States Mint America the Beautiful Quarters Silver Proof Set (SV2)." I am very disappointed. The obverses appear weakly struck or just lacking detail in the design. Washington's hair line and hair are barely noticeable. Washington's entire head looks like a bald dome. The devices of the obverse dies may have been over bead blasted. Thus explaining the lack of detail. Also, the fields of the reverses are pitted. Die preparation appears to be improper in this case. In addition, the designs on the reverse just lack the elements necessary for association and just don't get it for me. Especially the Yosemite and Yellowstone designs. It is going to be a very lack luster series. I think I am gonna sit this one out.

At July 20, 2010 at 6:02 PM , Anonymous Anonymous said...

Wow, above comments likely from a "First Strike"!

At July 20, 2010 at 6:12 PM , Anonymous Anonymous said...

First Strike, First Article, prototype, or rejects. Just dissatisfied.

At July 20, 2010 at 6:25 PM , Anonymous Anonymous said...

Less coins, more cost. OK Mr. Moy, this is another set you and your anti-collector chorts can keep. It goes on the list of "avoid-do not buy" along with the equally overpriced Unc. sets.

A global depression, financial recession everywhere, and this clown- Moy - raises prices. Fine, keep the trinkets, the slide into oblivion continues............

At July 20, 2010 at 6:27 PM , Anonymous The Dude said...

Too much $$$$$$$$$$$$$$$$

At July 20, 2010 at 6:28 PM , Anonymous Anonymous said...

The devices on the obverse and reverse look like blobs of frost with no detail.

At July 20, 2010 at 6:30 PM , Anonymous Anonymous said...

Looks like the US Mint is just crashing and burning this year. So when is this 5 oz cookie coming out and how much will the dealers jack up the costs. I'm sure PCGS is all poised for the phony labeling of first strikes with over graded ms70s. I for one refuse to buy anything from the US Mint until they get their act together. I'm sure their sales this year will be the lowest in modern day history by collectors. Because all the US Mint seems to care about is helping out the PCGS scamming dealers and flippers. I say boycott them all and teach them a lesson. I'm glad I didn't buy the silver set. And quite frankly I hope they all look the way you said they look. That way PCGS will be caught in the act of over grading bulk submissions of these sets. The prices I see people paying sure shows that no one learned much of anything from the state quarters. Where are all these idiot buyers coming from anyway. Did someone let out the floodgates at the funny farm.

At July 20, 2010 at 8:01 PM , Anonymous Anonymous said...

The obverse is supposed to be a restored version of the original from 1932. Back then, Washington's hair did NOT have the details that it did for the past 20 years or so on the "spaghetti hair" version. It doesn't have much detail on the regular version, either.

At July 20, 2010 at 8:18 PM , Anonymous Anonymous said...

Looks like I am staying away from the silver proof set until I see some positive comments. Sounds like the mint has traded in their coin striking equipment for metal stamping equipment. I have been concerned for a while about detail on their proof sets which are supposed to be the creme de la creme of the affordable coins for collectors. The high end stuff seems to be getting the detail the average collector can no longer obtain.

At July 21, 2010 at 5:18 AM , Anonymous Craig said...

To 0630:

I could not agree with you more.

This year has been especially poor as far as product offerings go -- I haven't purchased a single thing yet, and many of my local buddies who religiously purchase products have really pulled back this year, too.

The only thing I DO plan on getting is the 1oz Buffalo proof, just to keep my set complete.

They're doing absolultely nothing to appease collectors and from the sounds of it, even the quality is suffering now!

Even worse, they've done NOTHING to create any buzz or general interest in their products.

Something like a set of all five 5oz pucks (in proof) with a limited mintage (10,000 perhaps?) could do that.

Heck, even basic proof Eagles would make people take notice.

I'm not holding my breath.

At July 21, 2010 at 5:51 AM , Anonymous Anonymous said...

I've bought the proof and unc sets in previous years, but will not this year. All the bit@#ing about PCGS, but the US Mint is worse. At least we can choose to get a coin graded or not; however, choosing which company mints your coins is not an option (just a monopoly by our perpetually under-performing government with a bottom-dweller (Hussein) at the helm).

At July 21, 2010 at 6:48 AM , Anonymous Anonymous said...

The plot thickens, maybe, maybe not, but it does give reason to pause.

It occured to me that perhaps the Mint simply has been scheduled to STOP mfg'ing 'collector coins'. The best way to support and move this theory along would be to start a campaign of unjustified pricing increases. That stops and shuts out seniors on social security trying to keep up series started long ago when collecting was still fun and affordable. Also youngsters just exploring a new hobby they can't afford.

The next step is narrow offerings to only high priced items contracted to policital hacks and supporters who act as unofficial Government agents. Bulk dealers indeed!

The final step in the old 1-2-3 punch is to push out poorly designed, manufactured, and unimaginitive base metal JUNK.

Hmmmmmm, easy game.....the Mint then shows "no reason to mint these coins since there are few buyers", and the process stops. If you think not, better at least consider the possibilty. How sad.

At July 21, 2010 at 6:49 AM , Anonymous Anonymous said...

I may be in the minority, but I received my ATB Silver Proof Set within the first week of availability, and I was and am impressed with the stikes on both side. I was very pleased and feel that they would definitly grade PR69, and a possible 70 on a few. I already craked them out and they are now in my PDSS album as I have no desire to have them graded as I collect for enjoyment, not resale.

I also like the retro Washington profile as well. I think that it is much more artisitc than the CGI Washington from the past few years.

I also will say that I am disappointed in the Proof Set price increase however. Seems completely backwards from what one would expect. With less coins, the price should have gone down, or at least remained the same as last years.

At July 21, 2010 at 7:15 AM , Anonymous Anonymous said...

We FINALLY get a price drop on gold coins today! The average and the PM fix were both in the $1,150-$1,199.99 range.

Maybe a $50 price drop on the 2010 Proof Buffalo will help spur sales along. It's beginning to look like the Mint could be justified in cutting that one off at 25,000 coins, but they probably won't. If they did, the 2010 would be a big secondary market winner.

At July 21, 2010 at 7:46 AM , Anonymous Anonymous said...

Yes, We SHOULD get a price drop, BUT the last time we SHOULD have received a price drop, IT DID NOT HAPPEN. Once again, the Mint will do as they please, so we will see what happens. And if it does happen, they will not do it until tomorrow, they like to RAISE prices earlier, Wednesday, and lower on Thursday. AT least that has been the trend so far.

At July 21, 2010 at 7:51 AM , Anonymous Anonymous said...

Nah, in the past they've lowered the prices on Wednesday too.

If the price drop doesn't happen this week, the Mint will not have a leg to stand on. The last time they ignored the average was because the Wednesday PM fix was "within the current range." This time, however, the Wednesday PM fix was in the same range as the weekly average.

Unless they don't mind being called complete liars, the price HAS to drop this week.

At July 21, 2010 at 9:34 AM , Blogger Jay said...

I haven't read this blog in a couple of months but wondered if it was just me or if a lot of people are thinking as I was about the price increases and just plain lack of the products I want. I have been buying from the Mint for over 40 years and I have not purchased anything yet this year. I'm not overly thrilled with the new quarters and the price increase on the mint set just irks me, even it was the same as last year I would probably be ok with that. Not having the silver eagles has really turned me off from the Mint in general. I really thought that the 5oz eagles were going to be a Mint only item not a bullion item, makes no sense to try and make tons of them if you can't even get the blanks for regular eagles. The only thing I'm looking forward to this year is the first spouse liberty gold for Buchanan as I have the other ones, and that is getting pretty expensive but it's the last one of those that I will get. So next year I don't see much in my future with purchases from the Mint unless they can come up with something new and exciting, like maybe a palladium coin with a great design.
And when is Obama going to appoint a new Mint director? Over all the past years I have never thought too much about who the Mint director even was, but I sure know this one. He has done some good stuff, but too much bad.

At July 21, 2010 at 4:00 PM , Anonymous Anonymous said...

I too received my Silver Proof Quarter Set today. I can truthfully say that the strikes were perfectly centered and there were no nicks, scratches, or haze on any of the coins. However, as someone had mentioned earlier, the obverse of GW has been changed to the original 1932 design - which was a surprise. However, this earlier design was very smooth and much lower in detail. Combine this with the Mint's ability to really pile on the cameo frost; a lot of detail gets lost in the design. Especially this year, since the frost has a much higher grain appearance to it. The devices do look rather blob-like. However, the production quality appears to be very good.

At July 23, 2010 at 12:56 PM , Anonymous Anonymous said...

Still concerned about the proof detailing. I saw one commenter way above who was happy with the quality and the commenter right above has some issues. Still on the fence about this years proof set.

At July 30, 2010 at 9:02 AM , Anonymous said...

I just received my 2010 proof set and there is a straight line scratch on the nickel running down the right side of Jefferson's head to the corner of his right eye!
looking at it from an angle the line disappears and from the opposite angle the line appears to have scalloping within the groove. Could this be a mint error or a packaging error, or maybe even a scratch on the inside of the case?

At August 11, 2010 at 9:09 PM , Anonymous Anonymous said...

Wow, being disappointed with the US Mint, I decided to check out the Canadian Mint Coins. Wow is all I have to say. Go to the Canadian Mint site and check em out. Wow!

At August 27, 2010 at 8:43 PM , Anonymous Anonymous said...

I am on return #4 of the 2010 Proof Set. All golden dollars have odd splash stains on them, as if some oil was splattered on the coin causing it to tone. Also several clad pieces have black marks on them.

At September 19, 2010 at 7:22 AM , Anonymous Anonymous said...

Enough already with these new proof set programs - America the Beautiful Quarter program and the Presidential coin program??? Why should I have to pay extra for these program that I don't want. Miss the old days when I can just buy a proof set with the penny, nickel, dime, quarter, 1/2 dollar only.

At October 15, 2010 at 2:36 PM , Blogger sparky64 said...

My 2010 mint proof set came with no penny. Has anyone else heard of this happening? Am I rich or should I return it?


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