Earlier this week, the United States Mint published pricing for the 2016 Ronald Reagan Coin & Chronicles Set. More product details have since been provided by the Mint, and they explain its higher price.
Previous sets have had stamps, silver medals and exclusive reverse proof $1 coins featuring the honored president. Last year’s sets were $57.95 each. The set for Reagan, the last in the product series, is $68.95. It includes:
- One 2016 Reverse Proof Reagan Presidential $1 Coin with a ‘S’ mint mark.
- One 2016 Proof 30th Anniversary American Silver Eagle with a ‘W’ mint mark.
- One Ronald and Nancy Reagan 1 ½ inch Bronze Congressional Medal.
- One authentic engraved Ronald Reagan Presidential portrait produced by the Bureau of Engraving and Printing.
- One booklet including images from Reagan’s life and presidency.
The inclusion of an American Silver Eagle would seem to make little sense until you remember the Liberty Coin Act, which authorized the series of 1-ounce, .999 fine silver coins. Reagan signed the Act into law on July 9, 1985.
The set’s price looks much friendlier with knowing what’s in it. The proof Silver Eagle by itself is listed for $53.95.
A maximum of 150,000 sets will be sold, according to the U.S. Mint, and there will be a 1-set limit per household.
The coins, medal, and engraving will be displayed in a rich blue folder covered in soft-touch material with a handsome textured look and accompanied by a Certificate of Authenticity.
The U.S. Mint will begin selling the set on Oct. 11 at noon ET. CoinNews will offer further coverage before its release.