Several stories have confirmed that the American Eagle 25th Anniversary Silver Coin Set will go on sale October 27, 2011. Shipping is expected to begin in late November.
The United States Mint American Eagle 25th Anniversary Silver Coin Set will include five one-ounce American Eagle Silver Coins:
- one proof coin from the United States Mint at West Point
- one uncirculated coin from the United States Mint at West Point
- one uncirculated coin from the United States Mint at San Francisco
- one reverse proof coin from the United States Mint at Philadelphia
- one bullion coin
All five coins will be mounted in a custom-designed, highly polished, lacquered hardwood presentation case accompanied by a Certificate of Authenticity.
The U.S. Mint plans to produce 100,000 of these set with a limit of 5 sets per household. The prices has still not been set.
If we were to speculate on the potential price of this set, we can look at the cost of the 20th Anniversary American Silver Eagle Set. In August 2006, when the 20th Anniversary set when on sale, $100 purchased a 2006-W Proof, 2006-W Burnished, and 2006-P Reverse Proof coins. That year, the U.S. Mint sold the 2006-W Proof Silver Eagle for $27.95 and the 2006-W Burnished Eagle for $19.95. Using the proof price for the reverse proof, the total cost was $75.85. By pricing the set at $100, that is a 33-percent markup.
For the 25th Anniversary American Silver Eagle set, there are two proof coins currently selling for $29.95, two uncirculated coins now selling for $50.95, and the current price of silver is $42—but these calculations will use the price of the uncirculated coins currently on sale at the U.S. Mint as a basis for this speculation. With these prices, the total cost of the coins are $272.75. Given that the 20th Anniversary set was marked up about 33-percent, the total cost with the mark-up is $362.75.
Adding to the costs will be the “custom-designed, highly polished, lacquered hardwood presentation case accompanied by a Certificate of Authenticity.” This differs from the cardboard-based packaging that was used for the 20th Anniversary set. Aside from the labor, the U.S. Mint has to account for materials. Therefore, the speculative cost of the set will be $368.95.
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