The United States Mint has a long history of producing coin sets for collectors, offering a snapshot of circulating coinage from specific years or celebrating special themes. These sets come in various forms, each with distinct features:
- Mint Sets: These sets contain uncirculated versions of the coins produced for general circulation in a particular year. Early Mint Sets (1947-1958) often included two of each denomination and mint mark in cardboard panels. In 1959, the packaging shifted to a plastic soft pack containing single coins. From 1968 onwards (excluding 1982-1983), the Mint has annually issued sets, often sealed in a protective plastic envelope. Notable examples like the 1970, 1973, and 1996 Mint Sets are particularly sought after as they contained certain coins (like the 1970-D Kennedy half dollar or 1996-W Roosevelt dime) that were not released into general circulation and were only obtainable in these sets.
- Proof Sets: These are complete sets of coins (in each denomination) minted in a year, showcasing a special proof finish. Proof coins are struck multiple times with specially prepared dies on polished blanks, resulting in a mirror-like background and frosted, sculpted foregrounds, creating a cameo effect. Proof Sets are offered annually, both as standard clad sets and as Silver Proof Sets, which feature the quarters, dime, and half dollar struck in 99.9% silver.
- Special Mint Sets (1965-1967): During a period when proof sets were not produced, the Mint issued “Special Mint Sets”. These sets contained coins of a higher quality than regular circulation strikes, making them popular among collectors.
- Commemorative Coins and Sets: In addition to annual circulating coin sets, the Mint also issues commemorative coins and sets celebrating important people, places, and events in American history. These often include a combination of different denominations and finishes, targeting diverse collector interests. Examples include the 50 State Quarters Proof Sets (1999-2008), which featured proof sets of the five quarters released each year. Recent examples include the 2024 Harriet Tubman Commemorative Coin Program and the American Women Quarters Program.
The coin collecting market has seen steady growth in recent years, driven by the hobby’s increasing popularity and the recognition of coins as an alternative investment. Online retailers, auction platforms, coin clubs, and local coin shops provide various avenues for collectors. The U.S. Mint itself offers extensive resources on its website, including product release schedules, news releases, and information on subscription services. [The U.S. Mint website] features various types of coin sets.
Note: The U.S. Mint’s product release schedules are updated regularly, and release dates and availability can change. Checking the official [U.S. Mint website] or contacting them directly is advisable for the most current information.
Why is the 2012 proof set worth so much?
2012 US Mint Silver Proof Set
A: The mintage in 2012 was the lowest in many years, making the sets difficult to find. As a result, the Price Premium is very high due to the relative scarcity of these sets.