Mint Sets are just out of control

Discussion in 'Coin Chat' started by mrbrklyn, May 21, 2012.

  1. mrbrklyn

    mrbrklyn New Member

    http://www.coinnews.net/2012/05/21/2012-us-mint-set-includes-28-uncirculated-coins/

    2012 US Mint Set Includes 28 Uncirculated Coins

    by Mike Unser on May 21, 2012 · 0 comments
    U.S. Mint Image of the 2012 Uncirculated Coin Set

    The Mint on Monday delivered the following image to its customers promoting its release of the U.S. Mint Set

    Available today, May 21, is the 2012 U.S. Mint Uncirculated Coin Set. Sales of the 2012 U.S. Mint Set began at 12:00 noon ET with pricing at $27.95, which is $4 less than similar annual sets issued in the two previous years.

    As has been the case since 2010, this year’s set features a total of 28 uncirculated coins. 14 of them are produced at the Denver Mint with the other 14 originating from the Philadelphia Mint — the same U.S. Mint facilities responsible for producing America’s circulating coinage.
     
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  3. icerain

    icerain Mastir spellyr

    But its up to the collectors to decide if they want to buy. The mint can produce a million items a year, its their business. But I don't really buy modern mint sets unless they're toned and cheap. However, I will still but the silver proof set.
     
  4. green18

    green18 Unknown member Sweet on Commemorative Coins

    How out of control dear Ruben?
     
  5. mrbrklyn

    mrbrklyn New Member

    28 uncirculated coins. 14 of them are produced at the Denver Mint with the other 14 originating from the Philadelphia Mint
     
  6. green18

    green18 Unknown member Sweet on Commemorative Coins

    Now heck dang Ruben, that's just dad blamed out o' control.......:)

    Been goin' on for years though......
     
  7. mrbrklyn

    mrbrklyn New Member

    The Trouble with Tribbles
     
  8. rickmp

    rickmp Frequently flatulent.

    I agree, that's just too many coins for a mint set.
     
  9. BUncirculated

    BUncirculated Well-Known Member

    But that includes the 5 Presidential coins being released this year, and the ATB quarters :thumb: and it's only double the proof set which contains 14 coins.
     
  10. mrbrklyn

    mrbrklyn New Member

    Right. Proofs in Silver and Clad
     
  11. At least the Mint reduced the price by $4 this year. The set now sells for about a buck per coin. TC
     
  12. Conder101

    Conder101 Numismatist

    Let's see it has been 28 coins since 2007 I believe except in 2009 when it was 32 because of the extra cent and territory quarter designs. From 1999 to 2006 it was 20. The increase in 2007 was because of the four President dollar designs. In 1998 it was only 10 coins, so I guess it has been out of control for 13 years now.
     
  13. softmentor

    softmentor Well-Known Member

    I love mint sets and Proof sets, but I would have liked to see them finish messin' with quarters before they started the dollar series. Still, I get them every year.
    Don't forget the Nickle series, and 2009 were 36 coins.
    While I agree it seems excessive I find it no tribble a' 'tall.
     
  14. rickmp

    rickmp Frequently flatulent.

    We need a sarcasm emoticon.
     
  15. Conder101

    Conder101 Numismatist

    Your right I forgot the nickel series and my count was off for 2009. Thanks for the correction, but I think I still made my point. It has been "out of control" for a LONG time.
     
  16. I like :rolleyes: or :rollling: or :rollureyes:
     
  17. green18

    green18 Unknown member Sweet on Commemorative Coins

    ^o)
     
  18. Collect89

    Collect89 Coin Collector

    Satin brnished matte finish - business finish - proof finish - I'm finished

    Yep.
    In 2009 there were 18 P mint coins & 18 D mint coins in the mint set. The mint sets included the nickel, dime, quarter, half AND five presidential dollars, five quarters, and four Lincoln cents. Those 36 coins were satin finish. My satin finish set from the mint looked terrible. In order to have one of each finish, you still needed to get those same 36 coins from the bank in business strike finish & 18 more in proof manufacture plus the silver proofs and then there was the native dollar, Abe dollar, Braille dollar & the gold spouse coins & ..... I gave up.
     
  19. BUncirculated

    BUncirculated Well-Known Member

    23.gif
     
  20. softmentor

    softmentor Well-Known Member

    Collect89 sounds like you think the number of just plain coins is out of control too! I would agree.
    k.i.s.s. yea. I mean territories, yea, but now all the national parks too? What next all the planets, constellations and astronauts? I suspect as long as the mint is making a profit on all those varieties, they will keep going.
     
  21. BUncirculated

    BUncirculated Well-Known Member

    Why shouldn't they?

    NFN, but the eagle reverse on the Washington was a bit boring to look at after all those years. Needed a change.
     
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