Mint Places Cap on Recurring Numismatic Sets to Gear Up for 1999
Washington, D.C. — The U.S. Mint today announced limits on sales of 1998 numismatic coin sets as it prepares for strong consumer demand for 1999 sets. 1999 is the first year of the 50 States Circulating Commemorative Quarters Program.
The limits for the 1998 numismatic sets are: 2.1 million for the Five Coin Proof Set; 1.2 million for the Uncircuated Set; 630,000 for the Silver Proof Set; and 235,000 for the Premier Silver Proof Set, which is being offered for the last time by the Mint this year.
“We find it necessary to impose these limits to allow the Mint and our suppliers to shift attention to 1999 products in order to meet the strong demand we expect next year,” said Mint Director Philip N. Diehl.
1998 is the last year the Eagle reverse design appears on the quarter for the next decade, and demand for 1998 sets so far has been higher than expected.
1997 Sets 1998 Sets 1998 Limit Set Sold Sold* For Set Proof Set 1,967,000 1,823,000 2,100,000 Uncirculated Set 958,000 1,026,000 1,200,000 Silver Proof Set 605,000 446,000 630,000 Premier Silver Proof Set 136,000 172,000 235,000 * Sales figures as of July 22, 1998.
Because of the increased demand for 1998 sets and the expectation that the sales caps will be reached soon, the U.S. Mint reserves the right to limit orders. Effective immediately, the U.S. Mint will no longer accept bulk orders for the Silver Proof Set and Premier Silver Proof Set.
For additional information about U.S. Mint products, contact the Mint’s website at www.usmint.gov or telephone (202) 283-2646.
Press inquiries: Michael White (202) 354-7222
Customer Service information: (800) USA MINT (872-6468)