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2012 Infantry Commerative Silver Dollar
namwalker
Posts: 135
I see that today the US mint has released its latest commerative silver dollar honoring the infantry soldier. They have released the coin in three versions:
Proof for $49.95
Uncirculated for $44.95
2012 Infantry Soldier Silver Dollar Defenders of Freedom Set for $51.95 that will be coming out at the end of May.
All three versions have a production limit of 350,000 units each or a potential mintage of over 1 million units.
Does this seem like to much of a good thing. Personally I think that I will be purchasing 2 proof and 2 Uncirculated coins for my collection. At this point of time I am not to sure of any numismatic value of the Defender of Freedom Set. Being new to collecting, I don't seem to recall any other commerative special edition coin like the Defender of Freedom set. Am I wrong in this regard. This particular release seems to be overkill on the part of the mint.
However, I would like hear the opinion of other forum members concerning this last set to be released in late May. At first blush I feel that this this is overkill on the part of the mint.
I do believe that the following commerative coin on the Star Spangled Banner with a release in gold, silver, and a clad half dollar will be of much more interest and value.
Any comments...................
Proof for $49.95
Uncirculated for $44.95
2012 Infantry Soldier Silver Dollar Defenders of Freedom Set for $51.95 that will be coming out at the end of May.
All three versions have a production limit of 350,000 units each or a potential mintage of over 1 million units.
Does this seem like to much of a good thing. Personally I think that I will be purchasing 2 proof and 2 Uncirculated coins for my collection. At this point of time I am not to sure of any numismatic value of the Defender of Freedom Set. Being new to collecting, I don't seem to recall any other commerative special edition coin like the Defender of Freedom set. Am I wrong in this regard. This particular release seems to be overkill on the part of the mint.
However, I would like hear the opinion of other forum members concerning this last set to be released in late May. At first blush I feel that this this is overkill on the part of the mint.
I do believe that the following commerative coin on the Star Spangled Banner with a release in gold, silver, and a clad half dollar will be of much more interest and value.
Any comments...................
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Comments
No, actually, it is too much of a bad thing.
In all seriousness, for most of these commems, I recommend buying them if you like the design or cause. If you are looking to make a fortune, look elsewhere.
<< <i>The mint has done quite a few special sets, the most notable being the Lewis and Clark hand-made native American coin and bag set and an Edison special set with a lightbulb that glowed when the case was opened. >>
I thought that the Lewis and Clark set that had the commemorative silver dollar, the Jefferson nickel, a reproduction of the Jefferson Indian peace medal, a reproduction of the bison in the reverse of the $5 bill and two history booklets was a lot more interesting than the set with bag.
I've ordered one of each.
No duplicates any more,
as I have hundreds of them
basically as bullion. The market
for them is basically null & void,
but, I do like my Eagle album with
every year and type shown since
the George Washington Halves first
came out.
The album is complete and I enjoy
looking at it every so often - sigh - while
at the Bank SDB's.
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
<< <i>
All three versions have a production limit of 350,000 units each or a potential mintage of over 1 million units.
>>
This statement is incorrect.
From US Mint:
"The 2012 Infantry Soldier Silver Dollar Defenders of Freedom Set has a production limit of 50,000 units, which is included in the program mintage limit of 350,000 silver dollars."
<< <i>all these new commems are starting to burn alot of people out. ill pass on it. jmo of it >>
It's not quite as bad as 1936 or 1995/1996 but it's getting there. Thankfully we're not getting the NASA "Nine Planets" set. Sounds like something the Perth Mint would poop out.
<< <i>I've ordered one of each.
No duplicates any more, as I have hundreds of them basically as bullion. The market for them is basically null & void.........
>>
MFH, After reading over the replies not only to this thread but other similiar threads I am of the same opinion as to my initial purchase. Further purchasing of this commerative will have to wait until I see the quanitites of purchases that will be reported by the mint.
This atitude will also aplly to the next commerative silver dollar also. However, if I'm not mistaken the next (Star Spangles Banner) also includes both a gold piece and a half dollar coin. Both of these coins I have an affinity and interest in.
<< <i>
<< <i>all these new commems are starting to burn alot of people out. ill pass on it. jmo of it >>
It's not quite as bad as 1936 or 1995/1996 but it's getting there. Thankfully we're not getting the NASA "Nine Planets" set. Sounds like something the Perth Mint would poop out. >>
yeah i hear ya
Thankfully we're not getting the NASA "Nine Planets" set. >>
I didn't care too much about the one ounce silver planets BUT I did want that one ounce GOLD SUN.
GrandAm
Jeff
2012 NATIONAL INFANTRY SILVER DOLLAR
Proof 26,262
Uncirculated 12,191
Defenders of Freedom Set 16,222
Box of 20
<< <i>
<< <i>
All three versions have a production limit of 350,000 units each or a potential mintage of over 1 million units.
>>
This statement is incorrect.
From US Mint:
"The 2012 Infantry Soldier Silver Dollar Defenders of Freedom Set has a production limit of 50,000 units, which is included in the program mintage limit of 350,000 silver dollars." >>
this is what I also heard.
The set will include proof coin and a replica dog tag w/short chain and edge protector with the crossed muskets on one side and a quote from JFK on the other and "showcases the Army motto." (whatever that means)