Sales of the Grover Cleveland (First Term) Presidential Dollar Coin Cover will begin at the US Mint tomorrow June 19, 2012 at 12:00 Noon ET. This will be the 22nd release within the ongoing American Presidency $1 Coin Cover series.
Each cover contains two Grover Cleveland Presidential Dollars from the first day of production at the Philadelphia and Denver Mint facilities. The two coins are included within an illustrated envelope which contains a portrait of the President Cleveland and a postage stamp cancelled on June 19, 2012 at Caldwell, NJ.
The cancellation date is the same as the product release date for the cover. The previous cover featuring Chester Arthur had included a cancellation date which was between the first release of the coins and the release date for the cover. It seems that the Mint has now settled on using a cancellation date to coincide with the release date of the cover.
The production limit for the Grover Ceveland (First Term) cover is 22,000 units. Pricing is set at $19.95 per cover.
Previous American Presidency $1 Coin Covers remain available for sale from the US Mint going back to the 2009 William Henry Harrison Cover. Across this range of thirteen different covers, pricing and production limits have varied.
Sales figures range from a high of 30,129 for the longest available William Henry Harrison cover to a low of 14,420 for the most recently released Chester Arthur cover.