25th Anniversary Silver Eagle Set

The highly anticipated 25th Anniversary Silver Eagle Set goes on sale tomorrow, at 12 noon sharp Eastern standard Time at www.usmint.gov. This set will surely sell out quick as there are many Silver Eagle Coin collectors throughout the world.

The United States Mint has only lately confirmed details on this spectacular set of Silver Eagle coins.

It was only 25 years ago, that the United States Mint started their selling Silver Eagle proof coins. In the year 2006, they successfully introduced a 20th anniversary set, which is popular among collectors. This 25th Anniversary Silver Eagle Set will undoubtedly become just as popular.

The following coins are represented in this five coin set:

2011 Proof Silver Eagle with a W mint mark
2011 Uncirculated Silver Eagle with a W mint mark
2011 Uncirculated Silver Eagle with a S mint mark
2011 Reverse Proof Silver Eagle with a P mint mark
2011 Silver Eagle bullion coin with no mint mark

These five Silver Eagle coins will be packaged and presented in a custom-designed hardwood presentation case; along with a certificate of authenticity for each set.

The United States Mint is setting a 100,000 unit number on the number of sets struck. Each household will be allowed to buy a maximum of five sets for at least the first week during sales. The price of this set is $299.95.

In 2006, when the 20th Anniversary Silver Eagle set was issued, it cost $100 per set, and contained three coins. Coins included A Silver Eagle proof with W mint mark, an Uncirculated Silver Eagle with W mint mark, and a Reverse Proof Silver Eagle with a P mint mark. These sets were sold with a 250,000 maximum unit limit. As of this writing, current 20th anniversary Silver Eagle sets can be bought for around $300 on the secondary market. It should be noted that these 20th Anniversary sets have sold on the secondary market for prices as high as six times the original selling price.

As of now, there are two special coins in this 25th Anniversary set. The 2011-P Reverse Proof Silver Eagle coin, and the 2011-S Uncirculated Silver Eagle coin have not been previously released by the Mint. As long as the Mint does not produce these coins after this set is released, these two coins will have a maximum mintage of 100,000 coins apiece. That would make those two coins the second lowest minted Silver Eagles in all the years and formats that the United States Mint has been producing Silver Eagle coins.

While this year has produced an abundance, and maybe even an overload of Silver products by the United States Mint, this 25th Anniversary Silver Eagle Set is highly anticipated, and will most certainly sell out quickly.

Earlier this year in April, the United States Mint sold the 2010 Hot Springs 5 ounce Silver Bullion Coin to eager coin collectors who managed to shut down the United States Mint website during the first few hours of the product's availability. It's uncertain as to whether the Mint has had time to alleviate these problems, as I'm sure they are expecting a happy herd of Silver Eagle coin collectors to hit their website at 12 noon sharp tomorrow. All I have to think is that you should get there early to get one of these awesome sets.