The US Mint will release the 2012 Presidential $1 Coin Proof Set today April 24, 2012 at 12:00 Noon ET.
Each set will include proof versions of the 2012 Presidential Dollars featuring Chester A. Arthur, Grover Cleveland (first term), Benjamin Harrison, and Grover Cleveland (second term). All coins are struck in proof format at the San Francisco Mint and carry the “S” mint mark.
The price for each set will be $18.95. This represents a decrease of $1 from the price charge for last year’s set.
The Mint has offered four coin Presidential Dollar Proof Sets for each year since the start of the series in 2007. For the debut year, final sales were an astounding 1,285,972 sets. The interest level in the product has dropped considerably, with the 2011 set currently at sales of 287,860.
As another aside, the US Mint will have now released proof versions of each of this year’s “circulating coins”, except for the 2012 Native American Dollar. The five quarters were released within the 2012 America the Beautiful Quarters Proof Set. The proof cent, nickel, dime, and half dollar were released in the 2012 Birth Set. The four 2012 Presidential Dollars are released in the current product.
Last year, the US Mint had released the full annual Proof Set prior to all of the various component versions of the set. This year, they reverted to the typical pattern of releasing the component versions before the full set.
Yesterday, several readers noticed that the US Mint has added the “2012 American Eagle San Francisco Two-Coin Silver Proof Set” to the product schedule with a release date of June 7, 2012. This product seems to be what has been referred to as the 75th Anniversary San Francisco Set.
The Mint still has not officially announced the product pricing, mintage limit, and household limits. They have confirmed basic details of the set, which will include a 2012-S Proof Silver Eagle and 2012-S Reverse Proof Silver Eagle. These coins represent special versions of the American Silver Eagle, potentially unique to the set.
Tomorrow, it is possible that prices for the US Mint’s numismatic gold products could be decreased. For several weeks running, a price adjustment has been narrowly missed as the market price of gold has fluctuated just above or below the $1,650 mark.
Based on the available London Fix prices for the relevant period, the average price of gold should fall into the $1,600 to $1,649.99 range. The final deciding factor will be the Wednesday PM London Fix price of gold. If this is below $1,650, then a price decrease will take place, but if it is $1,650 or above, prices will remain unchanged.