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2012 US Mint Set Cost More

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New Member

United States
4 Posts
 Posted 07/26/2019  8:34 pm Show Profile   Bookmark this topic Add Whattahek to your friends list Get a Link to this Message Number of Subscribers
Can someone please tell me why the 2012 mint set cost more?
New Member
United States
4 Posts
 Posted 07/26/2019  9:00 pm  Show Profile   Bookmark this reply Add Whattahek to your friends list Get a Link to this Reply
Is there something I'm missing here that I don't know about
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atticguy's Avatar
United States
1373 Posts
 Posted 07/26/2019  9:51 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
I don't think there's a legitimate reason why the average price is so much higher. I do remember the reason was posted here years ago but I've forgotten.

I DO know that mintage did drop about 25% from 2011 to 2012, but mintage dropped again from 2012 to 2013 sets and the the 2013's run about half the price of 2012's.
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Ballyhoo's Avatar
United States
1613 Posts
 Posted 07/26/2019  10:29 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
That's a tough question to answer definitively. Most say that it is due to a low mintage. Which until 2014 it was lowest mintage of the series. Yet since 2014, each year has dropped from the previous. So I for one don't buy into the common consensus as to why this is true. I have, however, seen a drop in the selling price in recent months. Around a hundred for the proof and one-eighty for the silver proof. Down from around 150.00 and 210.00 respectively at the height.

No matter the reason, I believe that in the coming year or so the price will continue downward leveling off at or near the lower mintage sets from 2014 and on. If you remember back to the 1999 Statehood proof sets, they too were high in value. Although, perhaps more for hype than mintage figures. Currently they aren't much of premium over most others.

I take it that you are looking to buy the set, or both. Be patient. In the end it will pay off. Welcome to the forum!
ANA member - PAN Member - BCCS Member
There are no problems only solutions - the late, great John Lennon
Edited by Ballyhoo
07/26/2019 10:32 pm
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Big-Kingdom's Avatar
United States
1667 Posts
 Posted 07/27/2019  06:50 am  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
Heres the answer you're looking for I think. In 2012 for whatever reason, the mint ended sales on the 2012 sets early and moved on to the 2013. Instead of the usual time, the last month's of 2012 and then most of 2013 to sell the sets, they pretty much stopped right at the 2013 date change.

They aren't really low mintage compared to 2013 or 2014 sets either but here's the catch. When it ended early dealers got a bit crazy and spent more to buy them on the secondary market. This inflated the price.

Then in 2013-2014 the dealers and collectors speculated the mint would end sales early also, so they tried to get ahead of it and buy more sets when they were available, but they werent ended early, that only happened in 2012.

So to sum it up. It came down to public perception and supply and demand and dealer speculation. Truthfully there's enough sets to meet supply and demand for all 3 years, there shouldn't be a price difference but there is.

The difference here is because the mint ended 2012 sales early, dealers didn't get what they thought they needed for 2012 thinking they would be available like usual and ended up paying more for the sets on the secondary market inflating the price of those 2012 sets.

Then they depressed the price of the 2013-2014 sets by buying a bunch of them early.

2012 set prices are high because the dealers paid more to get then and now need to make their money back. 1. The supply likely exceeds demands for all 3 years. 2. The dealers paid more and have to ask more for the 2012 sets and that inflates the price.

2012 sets are overpriced and the only reason for it is because dealers paid more for the sets buying them on the secondary market for inventory.

I hope I explined it clearly enough, I'm not a great writer and I kind of ramble working out my thoughts. Anywho..
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United States
4 Posts
 Posted 07/27/2019  5:59 pm  Show Profile   Bookmark this reply Add Whattahek to your friends list Get a Link to this Reply
Thank you, I appreciate all the help I think I will hold on my purchase.
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Big-Kingdom's Avatar
United States
1667 Posts
 Posted 07/28/2019  8:16 pm  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
If you are looking to buy one wait for the right opportunity. Someone out there bought the 2012 at mint price and will put it on ebay and leave it up to auction and that might be your opportunity to get one reasonably priced. Generally speaking I don't think most people want to pay the higher price for the 2012 set. I sure don't either! Lol

I'd think with some patience and effort you could probably get a 2012 mint set off ebay for under $40. Considering the $27.95 issue price it's not too bad. The online dealers are all gonna want $70 or worse, over $100 per set. I wouldn't pay that either.
Edited by Big-Kingdom
07/28/2019 8:28 pm
Bedrock of the Community
United States
20753 Posts
 Posted 07/29/2019  08:10 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I used to wonder about that too.
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