As expected, the newly released 2013 Presidential Dollar Proof Set is the most popular product the U.S. Mint has for collectors right now.
Released Thursday, Feb. 14, the proof set captured sales of 119,765 units by Monday, Feb. 18. At $18.95 per, the U.S. Mint collected nearly $2.27 million through the set’s opening days and with one of them being Presidents Day.
While sales were strong and at a level other world mints would consider spectacular, they represent a declining trend for the U.S. Mint. Like other annual products from the bureau, the set’s starting sales are weaker than in recent years. The following table provides some comparisons.
Debut Sales of 2010 – 2012 Presidential Dollar Proof Set
Issue Price |
Issue Date |
Debut Sales Reporting Date |
Debut Sales | Ending Sales | |
2013 | $18.95 | Feb. 14, 2013 | Feb. 18, 2013 | 119,765 | N/A |
2012 | $18.95 | April 24, 2012 | April 30, 2012 | 146,097 | 249,298* |
2011 | $19.95 | Feb. 22, 2011 | Feb. 27, 2011 | 163,129 | 299,853 |
2010 | $15.95 | Feb. 11, 2010 | Feb. 14, 2010 | 224,426 | 535,463 |
2009 | $14.95 | Feb. 10, 2009 | Feb. 15, 2009 | 82,168 | 627,925 |
*The proof set from 2012 would have notched higher ending sales but it unexpectedly sold out. The U.S. Mint apparently capped its mintage at 250,000.
A major reason some collectors hold off on buying a Presidential $1 Coin Proof Set is because the coins in it are also within annual clad and annual silver proof sets that they do order. The clad 2013 Proof Set and 2013 Silver Proof Set launch in March and May.
This year’s set includes four proof dollars honoring the 25th through 28th Presidents of the United States. As such, the proof coins feature portraits of William McKinley, Theodore Roosevelt, William Howard Taft and Woodrow Wilson. Each dollar has an "S" mint mark on its edge to denote production at the U.S. Mint facility in San Francisco.
The 2013 Presidential $1 Coin Proof Set may be ordered directly from the U.S. Mint’s online store at http://www.usmint.gov/catalog or by calling 1-800-USA-MINT (872-6468).
I imagine the dollar coin will circulate one day and while I suspect a few of the 2012-2016 ones will end up in circulation, they will be few and far between. It makes me wonder what future collectors will think we were thinking when getting pocketfuls of Tylers, Polks, and Harrisons but virtually none of the Presidents who have shaped the modern world.
Well, that’s why visionaries like us better get the short printed items while we can. I’m in for a few dozen of these sets…