On Tuesday, May 1, 2012, the United States Mint released the 2012 Presidential $1 Coin Uncirculated Set for a price of $16.95.
It is the sixth year for the uncirculated set to debut in the Presidential $1 Coin Program that started in 2007 to honor American Presidents. It is, however, discounted by $3 compared to last year’s set.
Like many new releases, demand for the Presidential $1 Coin Uncirculated Set will start strong and then taper off over time. When last year’s issue launched, collectors purchased 28,111 in the first 32 days. Fast forward to April 23 and a total of 65,082 of them had been ordered. At the time of this writing, the 2011-dated set was still available.
There is also a popular proof version competing for attention as it launched a week earlier for $18.95. It is expected to become one of the U.S. Mint’s best sellers, based on the success of the previous proof set, which has a sales total thus far of 288,208, and is also still available.
A lower mintage and a lower price are two major factors that make the latest product attractive to certain collectors. Other differences between the uncirculated and proof sets, besides the coins’ obvious finishes, are the number of coins and their origin. The proof issue has only four dollar coins that are minted at the U.S. Mint facility in San Francisco. The new uncirculated set contains eight coins, with four from Philadelphia and four more from Denver. These 2012 Presidential $1 coins include:
- 2012 P&D Chester Arthur Dollar – 21st President
- 2012 P&D Grover Cleveland Dollar – 22nd President
- 2012 P&D Benjamin Harrison Dollar – 23rd President
- 2012 P&D Grover Cleveland Dollar – 24th President (second term)
The dollars come enclosed within a durable folder with short biographies and portraits of each President between their respective coins. Each is held in an individual protective capsule that can be rotated to show the coin’s edge-incused inscriptions. (For more design details, read about the 2012 $1 designs.)
It should be noted that later this month, these eight clad uncirculated $1 coins will also be featured in the uncirculated Mint Set, along with six other coin denominations, but the price of the bigger set will be $27.95.
The new Presidential $1 Coin Uncirculated Set may be ordered online through the United States Mint product page, located here.
They may also be purchased by calling 1-800-USA-MINT (872-6468). Hearing and speech-impaired customers may call 1-888-321-MINT (6468).
I would to know how many years the Presidential $1 coins sets will be issued and when will the program end.
Joan, the $1 series is currently scheduled to end in 2016. The sets are expected to launch annually until that year as well.