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Sterling silver proof sets discontinued


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It seems that the RCM has discontinued the sterling silver proof sets that were made between 1996 and 2011.

 

In their place for 2012:

 

nickel proof sets (a la pre-1995, except with the addition of the $2) @ $100

pure silver proof sets @ $225

 

Basically, they're cutting costs by switching the proof set back to nickel, and by making a 999 set instead of a 925 set can make an argument that the new silver set is better than that made in the past decade and half, and thus justifies a price increase :rolleyes:

 

I have a feeling the new nickel proof sets will have a weak wholesale after-market price in coming years since there's BV to set a baseline from.

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Seems that all the gov'ts are trying to wring every cent they can from collectors. Not sure that a lot of the changes make sense. Ditto for the US mint stuff that's happened over the last few years.

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I as a rule I do not collect proof sets, or any other kind of sets for that matter as I am strictly into raw coins but I figured it would only be a matter of time before RCM started replaceing silver with nickel, and I truly think we havent seen anything yet.

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