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What Happened In 2012?

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One50's Avatar
United States
361 Posts
 Posted 08/16/2015  9:33 pm Show Profile   Bookmark this topic Add One50 to your friends list Get a Link to this Message Number of Subscribers
As I purchase stuff from the mint I notice that items from 2012 are non existent. When I go on ebay to check for them, they don't exist in mass quantity and the prices are super high as compared to other year sets.

I'm talking about the ATB circulating P&D set, the yearly UNC presidential set, etc.

What happened in 2012 at the mint that these items are harder to find?

Thanks
Pillar of the Community
United States
5202 Posts
 Posted 08/16/2015  9:42 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
My guess would be it was still the Great Recession and a lot of people did not have disposable income to purchase luxury items.

I think the same goes for the low mintage numbers of US coins for a 2-4 year span over the last 225 years.

I once saw a Wikipedia article about bad financial times in history but didn't bother to match all of the dates up with the mintage numbers.

HOWEVER it seems that over the last 5 years other than the Baseball HOF issues the commomeorative coin sales numbers are way down similar to those of the mid to late 1990's.
Edited by jack jeckel
08/16/2015 9:43 pm
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CelticKnot's Avatar
United States
12815 Posts
 Posted 08/16/2015  10:26 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Was 2012 the year they abruptly pulled the Proof an Silver Proof sets?
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Conder101's Avatar
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17884 Posts
 Posted 08/17/2015  10:54 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Yes, something like early Nov.
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atchisonbj's Avatar
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293 Posts
 Posted 08/18/2015  12:34 pm  Show Profile   Bookmark this reply Add atchisonbj to your friends list Get a Link to this Reply
Not only are the mintages low 2012 sets: mint, clad proof, and especially silver proof are just hard to find because any dealer will tell you usually you get just a few at a time like five or less. At smaller shows (outside of a big metro area like Kansas City, Milwaukee, Twin Cities . . . dealers will often buy a year run just to get the 2012 sets they want and then wholesale the others out. If the sets are pain to find finding the proof singles is even worse. I bought a 2012-S Silver Proof Kennedy and put on my USA Coin Book Website and it sold in one month. Both Proof Sets (CLAD INCLUDED) are so expensive that few people break them up. Many collectors that say bought four or five of each three years ago broke up one clad and one silver for their sets and they are sitting on the other four because so far they have held their value. Time will of course tell if they go the way of the 1995 and 1999 Proof Sets. It could very well be a deal like the 1970 Mint --- it other words the sets stay hot for the next 10 or 15 years A) the price drops or B) a future set with a even lower mintage or a cluster of about 2 or 3 years close together overshadows them (kind of like the 2008 and 2009) or C) maybe a little bit of both of the former.
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