Making its sales debut Tuesday, August 7, at noon ET is the 2012 Making American History Coin & Currency Set, a joint U.S. Mint and Bureau of Engraving and Printing (BEP) product to celebrate their respective anniversaries.
2012 Making American History Coin & Currency Set
This year marks the 150th year for the BEP and the 220th year for the U.S. Mint. The set commemorates the events with a proof American Silver Eagle and a Series 2009 Lincoln $5 that has a starting serial number of "150."
Both coin and currency have a common city representation. Each American Silver Eagle will have a ‘S’ mint mark for San Francisco and each $5 will have a Federal Reserve Bank designation of San Francisco.
Price, Order Details and Limits
As first discussed on Coin Collecting News in mid-July, the price point for the offering is $72.95.
More details have emerged since that article was published. Namely, the set’s established production limit is 100,000. An initial production amount of 50,000 were authorized. Additionally, the U.S. Mint has indicated that there will be no per household ordering limits.
To the distress of the coin collecting community, the San Francisco proof American Silver Eagle that is placed in the Coin & Currency Set was also within the Mint’s earlier issued 2012-S Proof Silver Eagle Two-Coin Set which had sales of over 251,000 (the set is no longer sold). That indicates the mintage for the proof coin could surpass 351,000. The special reverse proof American Silver Eagle within the two-coin set will not be sold separately, making it more sought after and likely to maintain a higher long-term value.
Anyone interested may, when released, visit the U.S. Mint online catalog to purchase the Coin & Currency Set. The bureau’s website for products is located at http://www.usmint.gov/catalog.
Coin & Currency Set Launches on Start of World’s Fair of Money
A number of other coin collecting and money events will kick-off on the same day the set launches. ANA’s World’s Fair of Money in Philadelphia also starts Tuesday. The U.S. Mint and BEP have planned a number of interesting experiences for collectors during the five-day show. A few highlights include:
- a U.S. Mint coin forum
- Currency signing by Treasurer of the United States Rosie Rios
- Rare or never seen coin models from U.S. Mint vaults
- the BEP’s Billion Dollar Exhibit
- the BEP’s Spider Press and Elephant Press
- two other new BEP products, the 150th Anniversary Intaglio Print and the $10 Generations Currency Set
Upcoming U.S. Mint Products
On Thursday, August 9, the U.S. Mint will offer several other products. They include 2012-W American Platinum Eagle Proof Coin and bags and rolls of 2012-S Acadia National Park Quarters.
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NO ONE SHOULD BUY THESE SETS. The US Mint has once again misled it’s customers. The previous two coin San Francisco Coin Set is now a sham. The price was jacke in the the stratosphere based not on a limmited mintage but instead on a limmited sell window. This turns out to be a sham as one of those limmited coins is now available in another set. Those who bought the San Fran Set have just been PUNKED. How does that feel?