2012 Presidential Dollar Four Coin Sets

Tomorrow, June 26, 2012 at 12:00 Noon ET, the United States Mint will begin sales of 2012 Presidential $1 Four Coin Sets, with separate sets available from the Philadelphia and Denver Mints.

Each set will include circulating quality coins honoring President Chester Arthur, Grover Cleveland (first term), Benjamin Harrison, and Grover Cleveland (second term). According to the product description page, the packaging will allow the coins to be easily removed for placement into albums. This sounds similar to the packaging used for the America the Beautiful Circulating Coin Sets.

The 2012 Presidential Dollar Four Coin Sets from Philadelphia or Denver are priced at $9.95 each, plus applicable shipping and handling. There are no product limits or ordering limits.

This product yields a higher cost per coin than purchasing the bags, rolls, or boxes of $1 coins, however it allows all four designs for the year to be purchased at once. Bags, rolls, and boxes have already been released containing Chester Arthur and Grover Cleveland (first term) coins. The bags, rolls, and boxes of the remaining two coins featuring Benjamin Harrison and Grover Cleveland (second term) are expected to go on sale August 16, 2012 and November 15, 2012.

Uncirculated versions (as opposed to circulating quality versions) of each of the four designs have been released within the 2012 Uncirculated Coin Set and the 2012 Presidential Dollar Uncirculated Set.


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Comments

  1. Dave in CT. says

    Always enjoyed this series. I use to pass them out in business transactions and watch the expressions on the unsuspecting !

  2. simon says

    I miss the dollar coin sets issued in ’07 & ’08. They had the Sacagawea Dollar and were complete. Wish they would bring the format back and include all the uncirculated dollar coins, both P&D, which would make a nice annual set for us collectors.

  3. says

    They should have included this year’s Native American dollar in the set, agree with Simon.

    Additionally, the packaging doesn’t seem that attractive either; which is a mistake given that this is probably going to function as a gift item primarily. The Mint did some good work with the AtB three coin sets. They could have done better with this set.

  4. Zaz says

    Interesting conundrum that the Mint would make “circulating” quality coins on dollars that aren’t supposed to circulate. I would’ve expected that they would have made ALL of the dollar coins either or, but not both ways. That is some real cheeky irony there.

  5. says

    This is OT, but I just got the Mint’s Summer 2012 catalog and they list the dates for all the 5 oz. silver ATBs, the ones not yet listed on the web site are:

    Hawai’i Sept 24
    Alaska Nov 5

    No First Spouse coins in the catalog, so they aren’t even going to try to sell those! Maybe now’s the time to start buying! (If they aren’t cancelled.)

    Underneath it says “Order now” but of course that’s not possible.

  6. Jake says

    Why would you buy this set for $20 for both P&D when the Presidential Unc set is $16.95?

  7. Hidalgo says

    @Jake – I agree. I don’t get it. Sure others may have reasons, but I personally don’t understand, especially since these P only and D only sets have been available during certain years (unlike the uncirculated P and D combined sets).

  8. VABEACHBUM says

    @ Jake and Hidalgo – Keep in mind that these are the “circulating quality” coins, while the P&D 8-Coin Sets contain the “Uncirculated Finish” Coins.
    Michael’s May 1st thread on the 2012 UNC Presidential $1 Coin Set offered this information:

    However, if there is any real difference between the coins in these respective sets, I can’t see it!!!

    The previous Presidential $1 Coin, P-only and D-only sets that you referenced were the additional, but separate, 4-Coin UNC Presidential $1 Coin Sets that were offered in 2007 and 2008. These 4-coin UNC sets and the 8-coin UNC sets offered in 2007, 2008 and 2009 also were unique in that these UNC coins were manufactured with the Mint’s “Satin Finish.”

    I think the product description – and the fact that the coins can be removed easily – clarifies the Mint’s intent. This product provides a “seemingly” cost effective way for the typical collector to easily acquire the 4 (or 8) coins they need to fill their album, vice buying the 4 or 8 rolls.

  9. VABEACHBUM says

    Hmmm. I screwed the copy and paste of the info from Michael’s May 1st Blog. This should be it:

    “The coins are described as “uncirculated” which has come to mean the brilliant finish used for the annual uncirculated coin sets. These coins are typically better produced and more carefully handled than the “circulating quality” coins included in the numismatic bags and rolls.” .

    Also… Was not expecting that imodicon. Supposed to be the number 8 in parenthesis. 16 hour day. Sorry All.

  10. ClevelandRocks says

    Ha! This begs the question: should you buy clad from the Mint?
    Clad 2005 full proof sets selling for $8. I have been buying proof clad sets for years. Any significant upside to current clad proof sets?

  11. ED says

    ClevelandRocks:Maybe 2009 proof set. I only buy silver proof sets…..I will mention a 2007 clad mint set I was trading for silver, dealer offered 13cents under face , which I caught him on.

  12. says

    Cleveland,

    I like the standard proof sets, but probably not much upside on them to tell you the truth. If you’re collecting a specific type of proof coin found in the set you might be better off buying the coins from a dealer. I have a complete collection of Kennedy halves, and I’ve increasingly thought about looking elsewhere to buy a clad proof alone rather than ponying up for the full set.

  13. RLP says

    Post 1964, non-silver proof sets (barring a few varieties) have a track record that find many of the sets selling in the after market for less than their issue price. I.e. the Clad 2005 mentioned above was issued at $22.95 from the Mint, while a well known coin newsletter is reporting a bid price of slightly over $5.00. This is by no means an anomaly (the 2008 set was an exception). As a collector I have acquired both Clad and Silver proofs merely on the basis of their detail, appearance and overall quality. I prefer silver sets primarily due the “luster” that metal yields. Profitability really isn’t a part of the decision equation, enjoyment for me is.

  14. ClevelandRocks says

    Maybe the clads will be desirable in 100 years when the silver has tarnished (unattractively toned).

  15. RLP says

    Tarnish or Toning?, metal oxidation (exposure to oxygen) can occur with most any (non-gold) coin. Technology in packaging has improved greatly helping to deter coin deterioration. Basic Mint packaging of Proof & Mint set have come a long ways since cellophane envelopes were used, along with Air-Tites and slab containers etc. Yet, nothing so far can guarantee a coin will remain pristine for extended lengths of time no matter its composition..

    None-the-less I have a couple of 1878 Morgans that have defied the odds for 130+ years, so I remain hopeful.

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