The United States Mint has lowered pricing and resumed sales for the 2012 Proof American Silver Eagle, following publication of a notice within the Federal Register. Product sales have been suspended since July 16, 2012 pending the pricing adjustment.
The 2012 Proof Silver Eagles contain one troy ounce of .999 fine silver. The individual proofs with the “W” mint mark were first made available for sale on April 12, 2012, with pricing established at $59.95. The price for each coin has now been reduced to $54.95.
Although the US Mint has a mechanism to adjust product prices for gold and platinum numismatic coins on a weekly basis with minimal interruption to availability, the process for adjusting prices of silver numismatic products is more involved. Notice of pricing changes must be published within the Federal Register. Until such notice can be published, sales may be suspended for a period of days or weeks.
The most recent sales figures show that the Mint has sold 492,745 of the 2012 Proof Silver Eagles. Last year, sales of the individual proof coins had reached 850,000 units.