The recent rise in the market price of silver has prompted the United States Mint to suspend sales for several silver numismatic products pending a price increase. The suspended products include four items containing a numismatic version of the American Silver Eagle and nine different America the Beautiful Five Ounce Silver Uncirculated Coins.
A statement released by the Mint indicated:
Because silver has been trading in a range of $30.00 – $35.00 per ounce, since August 23, 2012, prices for the following products will be increased:
- 2012 American Eagle One Ounce Silver Proof Coins from $54.95 to $59.95
- 2011 and 2012 American Eagle One Ounce Silver Uncirculated Coins from $45.95 to $50.95
- 2011 and 2012 America the Beautiful Five-Ounce Silver Uncirculated Coins from $204.95 to $229.95.
- 2012 Annual Uncirculated Dollar Coin Set from $54.95 to $59.95
No other United States Mint products are impacted by this change.
The US Mint has continued sales for other silver numismatic products including the 2012 Making American History Coin and Currency Set containing the 2012-S Uncirculated Silver Eagle, the 2011 & 2012 annual sets containing 90% silver coins, the 2012 commemorative silver dollars, and the 2011 September 11 National Silver Medal.
The Mint utilizes a flexible pricing policy for gold and platinum numismatic products that allows price changes to be implemented as frequently as weekly based on a publicly available pricing grid.
Price changes for silver numismatic products have taken place periodically following significant swings in the market price of the medal. In order for these price changes to become effective, notice must be published within the Federal Register.