Grover Cleveland (Second Term) Presidential Dollar Bags, Rolls, Boxes

Tomorrow, November 15, 2012 at 12:00 Noon ET, the United States Mint will begin sales of circulating quality Grover Cleveland Presidential Dollars in an assortment of bags, rolls, and boxes. This will be the final release of the program for the year and the twenty-fourth release of the program overall.

Grover Cleveland was previously represented on the twenty-second release of the series for his first Presidential term from 1885 to 1889. Because his second term was non-consecutive, he is honored on an additional release of the series. The authorizing legislation for the program provides: “If a President has served during 2 or more nonconsecutive periods of service, a coin shall be issued under this subsection for each such nonconsecutive period of service.”

The obverse design of the coin features a portrait of President Cleveland designed and sculpted by Don Everhart. Inscriptions include his name, the motto “In God We Trust”, “24th President”, and the years of his second term “1893-1897”. The reverse features a rendition of the Statue of Liberty, also designed and sculpted by Don Everhart. The inscriptions read “United States of America” and “$1”. Incuse edge inscriptions include the motto “E Pluribus Unum”, the date, and mint mark.

This coin has already been released within a number of previous US Mint numismatic products, including the annual proof sets, uncirculated coin sets, and the 2012 Presidential Dollar Four Coin Sets. This will be the first time that the coin is available by itself and in bulk quantities.

The US Mint will offer circulating quality versions of the coin in 25-coin rolls priced at $32.95 each, 100-coin bags priced at $111.95 each, 250-coin boxes priced at $275.95, and 500-coin boxes priced at $550.95 each. All product options are available with coins from either the Philadelphia Mint with “P” mint mark or the Denver Mint with “D” mint mark.

A standard shipping and handling fee of $4.95 applies to each order. An additional charge of $7.95 is imposed for each 500-coin box ordered. There are no ordering limits imposed.

Starting this year, the US Mint has not produced Presidential Dollars for general circulation, which led to increased sales levels for the numismatic bags, rolls, and boxes. Previous releases have reached overall sales of 7,915,525 Chester Arthur Dollars, 7,020,900 Grover Cleveland (First Term) Dollars, and 5,935,925 Benjamin Harrison Dollars.

US Mint Sales Report

A new sales report has just been posted on Coin Update News. Many of the US Mint’s last chance products saw a jump in sales. The recently sold out 2012-W Uncirculated $50 Gold Eagle saw cumulative sales rise to 6,114. Sales of the uncirculated 2012-W Star Spangled Banner $5 Gold Coin jumped by 488 to 5,126.

View the full sales report here.

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Comments

  1. DCDave says

    SSB gold UNC sold a ton last week, so will not break Jackie Robinson.
    Sorry to those chasing new lows, this will not be it.

  2. Samuel says

    Dave, do you mean many orders during 11/5-11/11 were backordered, and were not included in the 5126?

  3. Brad says

    Samuel,

    The 5,126 undoubtedly includes all orders placed through the reporting date, despite the “backorder” status. And, I’m confident the Mint will strike as many additional coins as are needed to fulfill all orders through the sales cut-off date in mid-December.

  4. Jack in N.E says

    Michael, Do you or anyone have any information on the 2012 Limited Edition Silver Proof Set scheduled for release 11/27/2012.I tried the upcoming products section on mint website with no luck. Thanks

  5. Frankie says

    A different poster (T1 browserman) called the mint and found out that the limited edition silver proof set will contain the following:

    1 ASE with W mint mark
    5 quarters 90%
    1 half dollar 90%
    1 dime 90%

    Cost = $149.95

    Mintag: 50k max

    IMHO – overpriced and not worth it…

  6. Larry says

    Well that makes no sense. The silver proof set is $67.95. The ASE proof was $59.95 but is now sold out. So that totals $127.90 and you would get all the other coins in the silver proof set. So how they going to get $149.95? Maybe the mint got bought by HSN!

  7. Brad says

    The Silver Eagle in the “Limited Edition Silver Proof Set” should have had the “P” Mint mark. At least that would have been something different. An ASE with a mintage of only 50,000 would have created some genuine excitement. It would have been the first time any regular non-error Silver Eagle came anywhere close to the low mintage of the 1995-W in the 10th Anniversary Set. It’s probably safe to say that it’s record will never be broken.

  8. says

    Frankie,

    Thanks for the information on the set. I agree with your comments about the pricing. To me, the set ought to represent a chance to get one’s hands on a lot of the mint’s standard silver products without having to pay the additional cost of the non-silver coins in the full annual proof sets. $150 is way too much.

  9. Larry says

    The “P” mintmark would be a good idea. For me to buy it, there would need to be something unique. How about a “P” on the ASE, and “W” on the other coins! Now that would be worth it.

  10. Brad says

    I just thought of another way the “limited edition” silver proof set could have been made unique and truly special. That would be if the half, quarters and dime all sported “W” Mint marks instead of “S.” Now that would definitely be worth the price of admission!

  11. simon says

    The Sp. Silver Set looks like a winner. I will get a set to complement my Dollar Set. The two will look nice together – a marriage made in the USA !

  12. simon says

    My set marriage appears to be on hold. The Mint has pulled the Sp. Ag Set from the schedule. What gives?

  13. Ikaika says

    @ Simon

    You are correct, the Special silver set has vanished from the Mint product list. They must be playing games with all of us again.

  14. T1 browserman says

    What’s peeved me the most this year was the END of the DIRECT SHIP program for these dollar coins 🙁

  15. Hidalgo says

    Now we know why the SSB Unc coin is on backorder…. With such a huge number of sales (over 400), the US Mint likely cannot fill such a huge number of orders in such a short period of time…..

  16. Smiledon says

    We all need a comic break, and the face on the Cleveland coin looks alot like our pharmacy manager, Enough for one of his staff to change the name on the picture to read the manager’s name. He got a laugh out of that.

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