2012 Proof American Silver Eagle Release and Price

in American Silver Eagle News

The newest proof American Silver Eagle will be released on April 12, 2012 at a price of $59.95, the United States Mint revealed through a product schedule update on its website and a separate notice published on the Federal Register on March 15, 2012.

When it is issued, collectors can visit the U.S. Mint website at http://www.usmint.gov to purchase it directly. New products are generally launched right at 12:00 noon ET.

Last year’s proof American Silver Eagle was released later in the year, on June 30, and sold out on November 22 with 950,000 purchased — 850,000 individually and another 100,000 in the 25th Anniversary American Silver Eagle Set.

Last year’s proof also debuted at $59.95, but its price was adjusted several times during the year when silver prices fluctuated significantly. Its pricing right before selling out was $58.95, meaning this year’s coin will be a buck more at launch time. However, the latest price is $2 less than what the United States Mint had first published it would be back in January.

The United States Mint will release several versions of the American Silver Eagle this year. The proof version is the most popular with collectors as it offers high detail and a mirror-like finish. The bullion version, intended for investors, was issued on January 3, 2012. More than 9.2 million have already sold, according to the latest sales figures as of March 16, 2012. There will be at least one more released this year, the uncirculated version, also for collectors. The proof and uncirculated coins are each minted in West Point and feature the "W" mint mark.

There has been some buzz about a San Francisco 2012-S Uncirculated American Silver Eagle, with the U.S. Mint in its annual report saying it intended to release one this year just as it did last year — it was one of the five coins within the 25th Anniversary American Silver Eagle Set. However, there has been no direct news from the Mint since, other than some customer surveys which mention it and the possibility of an annual set.

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