The United States Mint’s 2024 Silver Proof Set has achieved remarkable success, with sales reaching 149,924 units within just four months of its release.
This milestone underscores the enduring appeal of the Mint’s annual offerings among collectors and investors alike.
Overview of the 2024 Silver Proof Set
Released on June 27, 2024, the 2024 Silver Proof Set comprises ten meticulously crafted proof coins, each bearing the “S” mint mark of the San Francisco Mint. The set includes:
- Five American Women Quarters™ honoring Rev. Dr. Pauli Murray, the Hon. Patsy Takemoto Mink, Dr. Mary Edwards Walker, Celia Cruz, and Zitkala-Ša.
- One American Eagle One Ounce Silver Proof Coin.
- One Kennedy half dollar.
- One Roosevelt dime.
Notably, seven of these coins are struck in 99.9% fine silver, contributing to the set’s total silver content of approximately 2.473 troy ounces.
Sales Performance and Milestones
The 2024 Silver Proof Set’s sales trajectory has been impressive:
- Initial Release: Within the first four days post-release, the set recorded sales of 143,765 units.
- First Week: By July 7, 2024, sales had increased to 148,676 units.
- Four-Month Mark: As of October 27, 2024, total sales reached 149,924 units.
This consistent demand highlights the set’s popularity among numismatic enthusiasts.
Comparison with Previous Years
To contextualize the 2024 set’s performance, consider the sales figures of its predecessors:
| Year | Initial Sales (First Week) | Total Sales (To Date) |
|---|---|---|
| 2023 | 158,077 | 193,256 |
| 2022 | 173,861 | 249,338 |
| 2021 | 172,468 | 303,786 |
While the 2024 set’s initial sales were slightly lower than those of previous years, its steady growth over four months indicates sustained interest.
Factors Influencing Sales
Several elements have contributed to the 2024 Silver Proof Set’s success:
- Historical Significance: The inclusion of the American Women Quarters™ series, honoring notable women in U.S. history, has resonated with collectors.
- Silver Content: With seven coins struck in 99.9% fine silver, the set appeals to investors seeking precious metal assets.
- Quality and Craftsmanship: The proof finish and meticulous design enhance the set’s aesthetic and collectible value.
Pricing and Availability
Initially priced at $130, the set’s price was adjusted to $150 in July 2024, reflecting fluctuations in silver prices and production costs. Despite the price increase, demand remained robust, underscoring the set’s perceived value.
The 2024 Silver Proof Set’s achievement of 149,924 sales within four months underscores its appeal among collectors and investors. Its blend of historical significance, precious metal content, and superior craftsmanship position it as a standout offering in the U.S. Mint’s portfolio.
FAQs
What is included in the 2024 Silver Proof Set?
The set comprises ten proof coins: five American Women Quarters™, one American Eagle One Ounce Silver Proof Coin, one Kennedy half dollar, one Roosevelt dime, one Jefferson nickel, and one Lincoln penny.
Why did the price of the 2024 Silver Proof Set increase?
The price adjustment from $130 to $150 in July 2024 was due to changes in silver prices and production costs.
Are all coins in the set made of silver?
No, seven of the ten coins are struck in 99.9% fine silver. The remaining three coins—the Jefferson nickel, Lincoln penny, and Roosevelt dime—are composed of their standard materials.
How can I purchase the 2024 Silver Proof Set?
The set is available through the U.S. Mint’s official website and authorized dealers, subject to availability.
Will the U.S. Mint release a 2025 Silver Proof Set?
While the U.S. Mint typically releases annual silver proof sets, official details about the 2025 set have not been announced as of now.
