2012 clad proof set SOLD OUT

Discussion in 'Coin Chat' started by Danr, Jan 3, 2013.

  1. Danr

    Danr Numismatist

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  3. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    So . . . what do we do now?
     
  4. wgpjr

    wgpjr Collector

    WTH?! I always hold off buying these until the following year and it's already sold out. What gives?!
     
  5. bahabully

    bahabully Junior Member

    with almost 800k sets floating around out there, here's what to do.... wait for 1 year to let any hysteria die down, then purchase on ebay for around $25 or less, at a $6 discount to the US mint prices.
     
  6. Danr

    Danr Numismatist

    if anyone has a link to buy them in the $35 range or less PLEASE post it
     
  7. Danr

    Danr Numismatist

    "Although the trend has been towards lower mintages for the past several years, this represents a significant step lower. The 2010 Proof Set had last reported sales of 1,103,950, followed by 1,098,284 for the 2011 Proof Set, which concluded sales on December 31. The last reported sales of 789,782 for the 2012 Proof Set is the lowest total since the 1956 Proof Set, which had sold 669,384 units."
     
  8. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    +1
     
  9. Juan Blanco

    Juan Blanco New Member

    In the Age of Discounting, there's no place for Beanie-Baby Hysteria in US collectibles now or tomorrow.

    I should also think poor 2012 sales for US Mint PMs broadly indicative of DETERIORATING TREND for the no-/low value "numismatic" moderns : same-same but different.

    So don't worry. You will almost certainly find it cheaper online in 2Q or 3Q 2013 (but there will also be internet taxes later in the year, I believe.)
     
  10. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    Let us hope no internet taxes!
     
  11. Danr

    Danr Numismatist

    I strongly disagree with the naysayers
     
  12. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    You may strongly disagree, but can you think of any past event that would support your view?
     
  13. Danr

    Danr Numismatist

    over priced item cut off unexpectedly like the Army half
     
  14. brg5658

    brg5658 Well-Known Member

    800,000 proof sets is probably about quadruple that needed to saturate the market.
     
  15. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    How is the army half doing compared to its original price? Also, when was the army half released?
     
  16. Danr

    Danr Numismatist

    2010
     
  17. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    Was that the only half that year? How does its current price reflect with past halves?
     
  18. Danr

    Danr Numismatist

    it is the lowest mintage by far- most commem halves do not appreciate like the Army did
     
  19. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    I know they are less, but are the mintage numbers for the 2012 clad proof set significantly lower than previous years?
     
  20. g1rge

    g1rge Member

    That's odd, last night they were listed as back ordered till mid January. I just returned a set last week and asked for a replacement. The quality was so shoddy, brown spots on the cent, scratches and smudges on some other coins. Maybe they wound up getting so many returns because of the quality that they ran out of sellable sets?
     
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