Mint News Blog

News, Information, and Commentary on US Mint Products

Monday, February 7, 2011

2011 US Mint Uncirculated Coin Set


The United States Mint will begin sales of the 2011 Uncirculated Coin Set tomorrow, February 8, 2011 at 12:00 Noon ET. This is the third of the Mint's core annual sets that are being released earlier in the year in response to customer demand.
Each 2011 Mint Set includes a total of 28 different coins. There are 14 coins each from the Philadelphia and Denver Mints, placed in separate folders designed with the US Mint's new branding.

The following are included in each set:

2011 P&D Lincoln Cents
2011 P&D Jefferson Nickels
2011 P&D Roosevelt Dimes
2011 P&D America the Beautiful Quarters - featuring Gettysburg National Military Park in Pennsylvania, Glacier National Park in Montana, Olympic National Park in Washington, Vicksburg National Military Park in Mississippi, and Chickasaw National Recreation Area in Oklahoma.
2011 P&D Kennedy Half Dollars
2011 P&D Native American Dollars
2011 P&D Presidential Dollars - featuring Andrew Johnson, Ulysses S. Grant, Rutherford B. Hayes, and James Garfield.

The coins included in the set will feature a "brilliant finish," which represents a change from recent years. From 2005 to 2010, the US Mint had utilized a "satin finish" for the annual Mint Sets and certain other products.

According to a Mint press release, the reason for the change was to create more "aesthetically pleasing" coins. With the satin finish, contact marks resulting from coin-on-coin contact were more apparent. In separate statements, the US Mint also indicated that the change was in response to customer feedback and would serve to extend die life.

The US mint does seem to be trying to emphasize the difference between uncirculated coins included in the set versus circulating coins, stating, "United States Mint uncirculated coins are struck on special presses using greater force than circulating coins, producing a sharp, intricately detailed image, and feature a brilliant finish."

When the brilliant finish was previously in use, collectors did not differentiate the coins in the same way that they have differentiated the satin finish coins. Since 2005, when updating collections with new releases, some collectors would seek out examples of both business strikes issued for circulation in addition to the satin finish versions included in Mint Sets. The major grading services also separately classified "satin finish" coins from regular circulation strikes.

The price of the 2011 US Mint Uncirculated Coin Set will be $31.95 plus shipping and handling. This is the same as the price charged for last year's set, which included the same number of coins. However, the 2008 Mint Set, which also included 28 coins in the same arrangement of denominations, was priced at $22.95.

So far, the pace of sales for the 2011 annual sets already released by the US Mint have shown a decline from comparable prior year figures. The 2011 Proof Set had initial sales about 15% below the 2010-dated set. The 2011 Silver Proof Set initial sales were 13.4% below the debut figures of last year's set.
Coin Update News: 2010 America the Beautiful Quarters Mintages

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25 Comments:

At February 7, 2011 at 12:50 PM , Anonymous Anonymous said...

I am really looking forward to buying one of these sets. I decided that with the start of the America the Beautiful quarters, I would buy one set and a proof set so that after 10 or so years, I could say that one of each of these quarters from all the US mints.

By the way, I just received my 2011 silver proof set. The packaging is fantastic! There's something about having the proof silver coins appear in a black background/ packaging.

 
At February 7, 2011 at 1:00 PM , Anonymous Anonymous said...

I agree with first poster , I'm very much looking forward to buying this set .

 
At February 7, 2011 at 1:05 PM , Anonymous Anonymous said...

So glad to see comments back. I learn a lot here. That's how I was able to get a set of 5 oz bullion from APMEX by learning of the release in the comments!

 
At February 7, 2011 at 1:25 PM , Blogger TimLeeBark said...

Great news, I didn't really care for the satin finish due to the reason in the article about if there are marks on the coins. On another note, I gave in and ordered the Silver Proof Set, mainly if you can believe the presidents, since I have gotten them since the beginning in 07, and of course, good 'ol silver. Thanks Michael for the latest. We do learn a lot from you and the others.

 
At February 7, 2011 at 2:11 PM , Anonymous Anonymous said...

Looking forward to them too. Just stay away from a so called part time dealer called ErrorsOnCoins or ctf_error_coins. He will call just about anything rare and tell you what an expert he is with current values.

 
At February 7, 2011 at 2:29 PM , Anonymous Anonymous said...

I'm glad to see that comments are allowed again... they are the main reason I read MNB.

Personally, I don't mind having to weed through a few dud comments, there is enough useful stuff said to make up for it usually.

The social aspect is what makes this website and others awesome - i can get press releases myself. I hope the few rotten apples aren't allowed to cause us all a headache in the future.

 
At February 7, 2011 at 3:25 PM , Blogger John said...

I agree with the above poster, it is pretty easy to weed out any stupid comments. Plus some of the posted comments actually bring a little humor to the board like Mr. POP POP POP. I would say that the comment section does add a lot of value to this already fantastic website. I believe that the U.S. mint could not even do as good a job if they decided to make their own blog site.

 
At February 7, 2011 at 3:29 PM , Anonymous Anonymous said...

I agree with every comment above. Glad to see comments back.

 
At February 7, 2011 at 4:47 PM , Anonymous Anonymous said...

I love reading the comments- it makes the hobby more fun to have people talking about it- and i never post- just wanted to show some love to the admin.- thanks for putting these back on!

 
At February 7, 2011 at 4:53 PM , Anonymous Omega said...

I am giving up on the uncirculated sets and buying other clad coins from the Mint. The premium has just gotten to be too much. I will continue with the silver sets though (and also the commemoratives). I am starting to see at least a few ATB quarters in circulation now, but very few. I'll collect circulated clad coins from my spare change without the markup! They won't be brand new or uncirculated, but they'll be good enough for what they are.

I think we all should try a bit harder to post with names moving forward. Thanks Michael for the great site and bringing back comments.

 
At February 7, 2011 at 5:35 PM , Blogger Brandon said...

I really enjoy the blog and look forward to the e-mails. I'm new to coin collecting and this blog has been a nice help. Thanks

 
At February 7, 2011 at 7:00 PM , Blogger Brandon said...

So if you order a complete uncirculated 2010 set and 2010 silver proof set that would give you an ATB quarter for each site from each mint? Also just curious, since it seems the silver sets are the only way to get silver dimes and half dollars, what are the mintages for these? Thanks again

 
At February 8, 2011 at 5:03 AM , Blogger Andrew said...

Thought I would add my two cents as well. I do enjoy the site so thank you for that. I have been collecting for about 10 years now and have been getting the uncirc sets and of course the silver proof sets. I am thinking though that the proce is a little bit too high for what you are getting. They are not silver so I think we are paying a bit too much for this set but I enjoy them in their new rigid plastic envelope so of course I will continue to buy them. I just hope they will come down just a bit in their price.

 
At February 8, 2011 at 6:02 AM , Anonymous Anonymous said...

BTW, I have a qestion and idea...
What if they redesigned the quarter?
Change "United States of America" to "USA".
Change "Quarter Dollar" to "25c".
Put "USA 25c" on the reverse below the national park picure where the date is now.
Then as before (1932-98) change the date back to the obverse below Washington, and put the "LIBERTY" above Washington, and the "In God We Trust" in front of Washington as before.
This might look cool.

 
At February 8, 2011 at 7:12 AM , Anonymous Omega said...

OFF TOPIC WARNING

Will the Mint be raising prices this week on gold products? I know the rules about average daily spot price, but not sure if we are close to breaching the 1350 average daily price this week? With a pop today over 1360, we may get it??? Does the measurement period end on Wednesday?

 
At February 8, 2011 at 8:03 AM , Blogger Mint News Blog said...

The average price is taken from the prior Thurs AM London Fix to the current Wed AM London Fix.

Based on my calculation, a price increase would occur if tomorrow's London AM Fix is at $1,375 or above.

 
At February 8, 2011 at 8:05 AM , Anonymous Anonymous said...

cool

 
At February 8, 2011 at 8:41 AM , Blogger Mint News Blog said...

"So if you order a complete uncirculated 2010 set and 2010 silver proof set that would give you an ATB quarter for each site from each mint?"

Yes.

"Also just curious, since it seems the silver sets are the only way to get silver dimes and half dollars, what are the mintages for these?"

The Silver Proof Sets are more or less produced to demand during the year of issue and often stay on sale into the following year. So the mintages are somewhat based on the demand during the period of availability.

The US Mint plans to leave the 2010 Silver Proof Set available for sale until December 31, 2011, subject to available inventory. So far sales have reached 529,093.

There's no specific target ending date 2011 Silver Proof Set.

 
At February 8, 2011 at 7:58 PM , Anonymous Anonymous said...

I would like to be so bold as to echo the sentiments of others about the comments.

The blog starts with Michael's excellent research, and staying on top of the current news, but is finished off by the comments.

I obviously support his right to censor the comments, and I am guilty of some (certainly not all) of the things he complained about when turning off the comments. Here is the reason, though, that I think he should NOT censor the comments, inane as some may be.

I am an atheist, liberal, Ivy League-educated collector, and I find myself annoyed by a lot of the racist and right-wing commenters, and also the ones who brag about how they are the only smart collectors, and whoever has a different approach to collecting is a fool.

At the same time, it is very interesting to me to know that, indeed, I do have SOMETHING in common with these folks, which is an interest in coins, or finding patterns, or completing series. (I am literally fascinated how many collectors are interested in sorting things, finding patterns, and finding missing items in a series. Those Whitman folders we started out with so many years ago were intoxicating to me!)

When I go to coin shows, and see all of the old survivalist types, as well as the few bookish men (almost always men, for some reason) I get to meet the people who are supporting the values of my collection, although I have almost nothing else in common with them. To me, this invokes something in me about the greatness of our country, and the "out of many, one" philosophy, hiding there in secret on our coins, that the powers-that-be at Fox News still seem to have forgotten.

In short, even the personalities that I find strongly distasteful are still part of the community, and still deserve a voice; however, this is why I rise to the bait of some of their sillier comments, and inadvertently, and regrettably, annoy Michael.

I hope he reads this, as well as the other comments supporting comments, and sees that any meaningful comments cannot be strictly speaking related always and only to coins. I hope he also realizes that he is due a sincere and substantial debt of gratitude for his work in putting together this blog, which is almost always great, and the only blog I bother to read.

 
At February 9, 2011 at 5:25 AM , Anonymous Anonymous said...

I'm amazed that it's always "racist, right wing commentators" that are the problem. Apparently, there is no such thing as a racist, left-wing commentator, just a truth teller who's more enlightened than the rest of us. Otherwise, the above post is one of the best articulated comments about how coin collecting goes much deeper than "flipping."

 
At February 9, 2011 at 5:59 AM , Anonymous Anonymous said...

In reply to you, Sir, it was racist COMMA right-wing. They are two separate categories. Under the category of racist, I am referring to the people who denounce every coin depicting a non-white "type" as PC garbage. For right-wing, I meant those who insist on Obama-bashing, or vaguely criticizing "health care". I did not mean to insinuate that they always go together.

 
At February 9, 2011 at 12:32 PM , Anonymous Anonymous said...

Actually, Sir, you wrote "racist and right-wing commentaters." Big difference. How about no political venom on this site instead of just ones approved by you?? I would also think that with your "Ivy League education" you'd know how to spell "commentator" correctly.

 
At February 9, 2011 at 1:16 PM , Blogger TimLeeBark said...

Michael, Your blog is the only I bother to read either. I don't think I want this set, got my Silver Proof Set today. Yahhh!

 
At February 9, 2011 at 4:55 PM , Anonymous Anonymous said...

My how soon we for get. Looks like we are going down the tubes with the anonymous comments.

 
At February 10, 2011 at 3:39 PM , Anonymous Anonymous said...

Wasn't this about the 2011 Unc. set? Didn't take long. It's amazing how some never learn.

 

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