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Proof sets coming in January

Have you ever simply forgotten to order a proof set or a mint set?

I know that seems like a strange question to ask a collector. There have been years in my hobby career when I have decided not to buy that year’s proof set, but I don’t recall that I ever simply forgot.

Some years quite the opposite happens. The order period for 1969 proof sets opened Nov. 1, 1968. I still remember that date 42 years later.

I remember it because it was the first time I ever ordered proof sets from the U.S. Mint.

When did the 2010 proof set go on sale?

It was July 22. I had to look it up even though it was just two months ago. It has changed many times in my hobby career.

There is no seasonal pattern to fix the date in my mind.

Does the lack of a fixed date for the beginning of proof set sales affect the ultimate numbers purchased?

The Mint is about to find out. Starting in January 2011, the Mint will offer what it calls its core products, the proof set, silver proof set and mint set right away. There will be no more waiting and wondering when they will be offered. It will be boom, new year, new sets.

It is well known among sellers of American Eagle bullion coins that there is a bulge in demand as each new year begins as buyers scramble to add the new date to their collection.

With early availability, will demand for proof sets start following the American Eagle pattern?

The Mint probably hopes so.

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2 Responses to Proof sets coming in January

  1. Vachon says:

    I don’t like that the mint offers mint and proof sets the same year as the date on the coins. They should be offered for sale the year after in the off chance that no coins of a particular denomination are made (unlikely these days with business strikes being made for collectors), a design change occurs mid-year (1938 for example), or a coin not expected to be produced gets made (1999 SBA dollar for instance). The 1999 mint and proof sets would be complete had the mint waited until 2000 to offer the product.

  2. Jerome Curtis Watts says:

    Will the 2010 products go "off sale" the moment the 2011 products begin sales? If so, then we might have a short ordering period for the 2010 products…and that reminds me of the 2004 Mint Set. The ordering period was cut short (in 2004) and produced a low in mint set sales. With the expiration of the state/territory quarter sales and perhaps an exhaustion of collector interest…and an economy that keeps the wallet on the hip of the collector community…well, do we have something to speculate on???

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