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2008 Uncirculated Dollar Coin Set
By CoinNews.net

2008 Annual Uncirculated Dollar Coin Sets will be available for purchase on Thursday, August 7 at 12:00 noon ET.

The United States Mint today announced that each set is priced at $37.95, and will include this year’s four Presidential $1 Coins minted in Philadelphia with the "P" mint mark.

James Monroe $1 coin,
John Quincy Adams $1 coin,
Andrew Jackson $1 coin, and the
Martin Van Buren $1 coin
Plus, the two remaining 2008 denominated dollar coins:

Sacagawea Golden Dollar, and an
American Eagle uncirculated silver dollar
The Sacagawea $1 is minted in Denver with a "D" mint mark while the American Eagle Silver dollar bears the mint mark "W" indicating it was minted at West Point.

Collectors will have to pay an extra $6 for this year’s set. The 2007 coin set is still on sale for $31.95, but is likely to be discontinued with the launching of the 2008 coins. The price of silver has gone up about $2.50 since the day the 2007 sets went on sale, which accounts for a portion of the $6 increase. (The American Eagle uncirculated silver dollar contains one ounce of silver.)

Another factor in increasing prices may simply be demand. Last week U.S. Mint sales numbers show that nearly 90,000 of the 2007 uncirculated dollar coin sets have been sold. That’s a solid sales figure for a product that is less than one year old (2007 sets first went on sale Dec. 3, 2007). The Mint may have simply realized demand is high enough that they can charge more.

The most likely or heavier factor is simply the increased price of the 2008 American Eagle silver uncirculated coin. Sold separately, these silver coins are priced at $25.95. They account for the most weight and value in the new sets.

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