The United States Mint has begun accepting orders for the 2012 San Francisco Silver Eagle Two Coin Proof Set. This special set will only be available for ordering during a four week period beginning today.
Each set includes two American Silver Eagles struck at the San Francisco Mint and carrying the “S” mint mark. The first coin is struck with a cameo proof finish, which features mirrored background fields and frosted design elements. The second coin is struck with a reverse proof finish, featuring frosted fields with mirrored designs and inscriptions. The two coins are struck in one troy ounce of 99.9% silver and come mounted in a custom blue lacquer presentation case with a certificate of authenticity.
Although the US Mint has not officially promoted the coins as such, many collectors and some mint employees have associated the coins with the 75th Anniversary of the current San Francisco Mint. Earlier this year, the Mint had raised the possibility of offering such a set within a survey distributed to customers.
The 2012 San Francisco Silver Eagle Set is offered without a household ordering limit and will be produced to demand to fulfill orders placed during the period from June 7, 2012 at 12:00 Noon ET to July 5, 2012 at 5:00 PM.
The sets are priced at $149.95 each. Shipping is expected to begin on July 27, 2012. Orders may be placed online at http://catalog.usmint.gov or by phone at 1-800-USA-MINT.
The US Mint also currently offers a standard version of the 2012 Proof Silver Eagle struck at the West Point Mint and carrying the “W” mint mark. This coin went on sale on April 12, 2012 and has sold more than 400,000 units as of the most recent sales report. On August 2, 2012, the US Mint also plans to released collectible uncirculated versions of the coin.
Bullion versions of the 2012 Silver Eagle, which do not contain a mint mark, have been available since January. These coins are distributed in bulk quantities through the United States Mint’s authorized purchaser network and are priced based on the value of the precious metal plus a mark up. To date, bullion sales have reached 14,724,000 ounces.