Grover Cleveland Presidential $1 Coins – First Term Compared to Second Term

May 25, 2012

in Presidential Dollars

On May 25, 2012, the United States Mint started accepting orders for rolls, bags and boxes of Grover Cleveland Presidential $1 Coins representing his first term. On November 16, 2012, the Mint issued coins for his second term.

2012 Grover Cleveland Presidential $1 Coins - 1st Term and 2nd Term

First Term and Second Term Grover Cleveland Presidential $1 Coins – Click Image to Enlarge

Cleveland was the 22nd and 24th President of the United States, and the only President to serve two nonconsecutive terms (1885-1889 and 1893-1897). As such, he is not only counted twice in the number of presidents but he will also be depicted with two distinct portraits on separate Presidential dollars, as shown in the first term and second term $1 coin images above.

The Presidential $1 Coin Act, (Public Law 109-145) which authorizes the series, has special language in it strictly as a result of Cleveland’s nonconsecutive terms:

"If a President has served during 2 or more nonconsecutive periods of service, a coin shall be issued under this subsection for each such nonconsecutive period of service."

Reverse designs of both coins, and on all Presidential dollars for that matter, feature the same rendition of the Statue of Liberty which was designed and sculpted by Don Everhart.

Obverse designs are based on likenesses of the President during each of his terms. The first term coin provides a portrait of Grover Cleveland which is more front-facing. The second term coin is a side-facing depiction. Don Everhart also designed and sculpted these.

Beside the obverse images, the only differing aspects between the two Presidential $1 Coins are the obverse inscriptions under the portrait. The first term coin denotes the dates "1885-1889" and the second term has the dates of "1893-1897."

Another possible variation between the two, which can greatly affect their collectability, is the amount produced of each. For the first term $1 coin, 9.52M have been produced through October with 4.06M of those from Denver and 5.46M from Philadelphia. For the second term $1 coin, 14.6M have been produced with 3.92M from Denver and 10.68M from Philadelphia. More could be stuck should collector orders for the rolls, bags and boxes exceed the current mintages.

As mentioned, products were offering the first term and second term dollars in rolls, bags, and boxes. These product options and their prices are shown in the following table:

PRODUCT OPTION PRICE
Presidential $1 Coin 25-Coin Roll $32.95
Presidential $1 Coin 100-Coin Bag $111.95
Presidential $1 Coin 250-Coin Box $275.95
Presidential $1 Coin 500-Coin Box $550.95

 

To order any of the above, visit the U.S. Mint website at http://catalog.usmint.gov/ or call 1-800-MINT (872-6468).

These same products and prices will be in effect for when the second term $1 coin debuts. Its release date has not been specified but it should be in mid-November 2012.

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