Today, August 5, 2013 at 12:00 Noon ET, the United States Mint will begin sales of the 2013 5-Star Generals Profile Collection. This special product is issued for the 5-Star Generals Commemorative Coin Program.
The program was authorized under Public Law 111-262 to recognize the five United States Army 5-Star Generals as well as celebrate the 132nd Anniversary of the founding of the United States Army Command and General Staff College. A $5 gold coin features a portrait of General Douglas MacArthur; a silver dollar features portraits of Generals George C. Marshall and Dwight D. Eisenhower; and a clad half dollar features Generals Henry Arnold and Omar N. Bradley. The US Mint began sales for individual options for each coin in proof or uncirculated versions and a three coin proof set earlier this year on March 21.
The new Profile Collection includes the two lower priced coins of the program, along with a bronze medal in lieu of the more expensive gold coin. In this way, all five of the 5-Star Generals are recognized while keeping the price point low. The uncirculated versions of the silver dollar and clad half dollar are presented with a bronze replica of the 1962 General Douglas MacArthur Congressional Gold Medal.
The coins and medal are mounted with easel-like packaging which includes profile cards for each of the generals. The profile cards contain photos, historic military information, “fun facts”, and awards earned. A certificate of authenticity is also incorporated.
A product limit of 50,000 sets has been established with no household ordering limits in place. Overall limits of 500,000 silver dollars and 750,000 clad half dollars apply across all product options for the program.
The price for the 2013 5-Star Generals Profile Collection is $74.95. This actually represents a savings compared to the cost of the individual uncirculated silver dollar and half dollar, which are priced at $55.95 and $20.95, adding up to $76.90. The collection also includes the additional bronze medal, which to my knowledge has not been available from the US Mint for many years.
It will be interesting to see how sales perform for this new product. The recently released Young Collectors Set for the Girl Scouts of the USA commemorative coin program has experienced minimal sales of 2,103 units out of the 50,000 product limit.
Collectors should keep in mind that sales for this new product will add another method of distribution for the uncirculated version of the 2013 5-Star Generals Half Dollar, which has sold 20,477 units individually to date. This coin may have rivaled the low mintage status of the uncirculated 2011-D Army Half Dollar. However, if the Profiles Collection proves to be popular, the overall distribution and mintage of the 5-Star Generals Half Dollar could be pushed higher.