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So The 2012 Silver Proof Is The New JFK Key Non-SMS Coin?

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Bizybackson's Avatar
United States
1817 Posts
 Posted 01/06/2013  10:37 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
@basebal: Strange turn of events, eh? On Monday, the '11 sets go off sale then followed immediately by the '12 sets on Wednesday and Thursday. If what you suggest was the case, how come these two sets didn't end up on the Last Chance page? The thinking probably was let's just sell these during the calendar year, and forecast enough until then, once the year is over, that's it, we won't package anymore like we did (stupidly) with the '11 sets, which took up space and generated storage fees. We are not just talking about the marketing department, but also the accountants who presumably want to squeeze every cent they can get off of each of the available products. They probably saw the dismal numbers of the '11 sets in '12 and concluded it was a waste of time and space to keep the sets available for so long. After the FY'12 report that just came out, don't be surprised with forthcoming short sales, there seems to be belt tightening at the Mint again.

Folks: good discussion. Everybody has good points to make. Thanks!
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basebal21's Avatar
13014 Posts
 Posted 01/06/2013  10:42 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Coincidence maybe? They may have in fact melted down quite a few sets and probably did want to drive the higher premium silver set they released, at the same time though I wouldnt be surprised if they were getting kind of low on them anyway and were close to if not at the point where they would have to keep restocking if they were going to leave them up. Maybe they just said well give them till this so and so date and if they sell out great if not well move on.

It is interesting how the 11 products were basically available all year yet the 12 products dont even survive the first week of 13
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Bizybackson's Avatar
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1817 Posts
 Posted 01/06/2013  10:49 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
Too coincidental, perhaps? But definitely someone at the Mint is going through the catalog with an ax. Wish they would ax the less important 'junkier' offerings and not the basic annual sets, which are at the heart of the hobby.
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basebal21's Avatar
13014 Posts
 Posted 01/06/2013  10:56 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Its definitely fishy but possible.

I completely agree. If theyre going to start axing things how about stop including the same coins in multiple sets. Leave the annual sets along and stop giving up 8 different sets we have to buy to get all the quarters ect.

I do like the idea of lower mintage and more variety though
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DNA's Avatar
United States
2734 Posts
 Posted 01/07/2013  12:33 am  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
If they already had a meltdown scheduled for the unsold 2011 Sets, they figured why not throw in all the unsold 2012 Sets and get two year's worth melted down at one time?

If the 2012 Silver/Clad Proof Quarters Sets are not axed by the end of next week, the storage issue could be the reason. One-lens Sets such as the Proof Quarters take up less space than the three-lens full Proof Sets.

True, the one-lens 2012 Presidential dollar Proof Set was axed, but the Mint sold 249,265 of those Sets alone. The total mintage of 2012 Proof Presidential dollars is three times that of the 2012 Silver Proof Dimes and JFK's.
Edited by DNA
01/07/2013 9:41 pm
Bedrock of the Community
basebal21's Avatar
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 Posted 01/07/2013  01:09 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
The mintage of 2012 Proof Presidential dollars is three times that of the 2012 Silver Proof Dimes and JFK's.


Thats the frustrating part to me at least, most of the individual series dont have unreasonable mintages but then when you factor in all the different sets things are included in they start to climb real fast
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DNA's Avatar
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2734 Posts
 Posted 01/07/2013  9:40 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Just got my Clad 2012 Proof Set today (accompanied by a 2012 Silver Quarters Proof Set).

A second Clad Proof Set now sits beside my 2009 Clad Set to clutter up my 1992-date Silver Proof Set collection...

Now the big question is where the 2012 Proof Quarter mintages will end up.

Quote:
when you factor in all the different sets things are included in they start to climb real fast

A big factor in favor of the 2012 Silver JFK's and Dimes!

With both of the full 2012 Proof Sets gone, the previously slow-moving Proof Quarters Sets might pick up speed.

If both of the 2012 Proof Quarters Sets remain available until March or later, the 2012 Proof Quarter mintages could approach those of the 2011's (in theory).


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