The 2012 Proof Coins: How They Got to Be Scarce and High Priced – Dave's Collectible Coins , America's Favorite Coin Shoppe (2024)

FAQs

Why are 2012 proof sets so expensive? ›

Once the Mint stops selling them then that's it, no more sets. So, for some reason the Mint stopped selling the 2012 set about nine months earlier than most sets. This caused the demand for the sets to jump up, which also exploded the price of the sets.

WASHINGTON — Collectors may begin ordering the 2012 United States Mint Silver Proof Set at noon Eastern Time (ET) on June 4. Seven of the 14 coins in the set – the dime, half–dollar and the five quarter–dollar coins – are all struck in lustrous 90 percent silver, commonly referred to as “coin silver.”

Mirror-like Surfaces

Proof coins boast polished and reflective surfaces that set them apart from everyday currency and standard gold or silver coins. This mirror-like quality is achieved through a meticulous minting process. Highly polished dies and planchets are used, resulting in a flawless, reflective finish.

There are numerous factors that contribute to the value of proof coin sets but age and rarity are the two greatest indicators. Since they were originally produced as prototypes, very few proof coins were made and those that were produced for that purpose, generally before 1970, tend to hold a higher value.

Even if you already buy silver, gold bullion, and platinum coins, proof coins diversify your portfolio further because of their high numismatic value. This provides you with additional ways to profit from your investment.

The value of Proof coins is almost always going to be more significant than that of a similar uncirculated, non-proof coin (when discounting other numismatic coins, such as key dates, errors, etc.).

Where to Sell US Mint Proof Sets. If you're looking to sell your US mint proof set coins, you've come to the right place. American Rarities is buying all US mint proof sets, whether in their original packaging, or graded by one of the major coin grading services. We will buy your proof sets at a competitive price.

Many Proof coins are double struck under high pressure, which creates devices fully struck in intricate detail that might not be apparent on a circulation strike coin. Proof coins will typically carry a higher price, but as their rarity increases with time, so should their value.

A PR70 coin is the highest grade possible for a proof coin and indicates a perfect example, with PR69 and lower grades reflecting some deficiency in the strike, centering, details, or other aspect of the coin.

What are 2012 quarters worth? ›

Varieties on the 2012 Denali National Park and Preserve Quarter This coin was produced in a silver variety as part of proof sets. They are composed of 90% silver and 10% copper. The average price of the single silver coin ranges from $5 to $10, depending on the grade.

Bullion Coins: Their price closely follows the spot price of the metal they're made of, with a small premium added by dealers. Proof Coins: While they also have an intrinsic metal value, their price is influenced more by collectability, rarity, and design intricacy, often leading to higher premiums.

The important thing to remember is that you're always getting value. Gold proof coins are a great investment, and they're an essential addition for any collector. Visit our Gold Bullion page today to see all our proof offerings and their regular strike counterparts.

For the most part, it will be difficult to get those as most are supplied by the major monetary services, unless you go to a small bank. But even with modern coins, you can find errors and rarely a proof coin.

This 2012 Mint Set from the Royal Australian Mint features a 50c coin that is coloured and has a mintage of 100,000, providing an attractive yet limited collectible opportunity.