WASHINGTON–The 2020 United States Mint (Mint) Uncirculated Coin Set® (product code 20RJ) will be available for purchase starting on November 30, at noon (EST). Best new customer bingo offers promotions. The set is priced at $25.25. This is the final annual set to be released this year. A Mint Set from the US Mint contains uncirculated specimens of current coins. The mint makes oodles of them and sells them to collectors at exorbitant prices. Packaged with some of these sets is a small copper token with P (Philadelphia) or D (Denver) on one site. A coin that has been graded as 60+ on the Sheldon or European grading systems. The process by which a coin is made. The US Mint uses this definition for the coins in the uncirculated coin set that it sells. For these coins, adjustments are made to the minting process which result in a more proof-like finish.
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The term uncirculated coin can refer to three things:
- A coin that is released to the public but not intended for general circulation (i.e. not used as money although it is still legal tender) but is available through a mint or through a local coin dealer.[1]
Uncirculated Coins Denver Mint
- A coin that has been graded as 60+ on the Sheldon or European grading systems.[2]
- The process by which a coin is made. The US Mint uses this definition for the coins in the uncirculated coin set that it sells. For these coins, adjustments are made to the minting process which result in a more proof-like finish. These include using a higher force during coining, the use of fresh dies, and special cleaning.[3]
References[edit]
- ^Unser, Darrin Lee. '2019 Mint Set Purchase Includes Premium Uncirculated 'W' Cent'. coinnews.net. CoinNews Media Group LLC. Retrieved 9 November 2019.
- ^'NGC Coin Grading Scale'. ngccoin.com. Numismatic Guaranty Corporation. Retrieved 9 November 2019.
- ^U.S. Mint. 'The United States Mint - The ANA Coin Grading Scale'. Retrieved 18 October 2012.
As of Dec. 6, a sizeable quantity of the United States Mint’s 2020 Uncirculated Coin set remained available, with 191,076 of the maximum 213,000 sets sold.
The maximum product issue is the lowest since 1959, when 187,000 Uncirculated Coin sets were issued, and silver was still part of the alloy for all coins except the Lincoln cent and Jefferson 5-cent coin. All of the coins in the 2020 set are made of the same base metals found in the circulating and circulation-quality versions of the coins.
In comparison, sales of the 2019 edition of the annual set totaled 344,553 sets.
The contents of the 2020 set is a little different than what was announced early in the year, before effect of the spread of COVID-19 on U.S. Mint production facilities could be determined. The 2020 Uncirculated Coin set was supposed to have been accompanied by an Uncirculated 2020-W Jefferson 5-cent coin as a premium. The Mint decided not to issue the special coin, blaming the decision on closures and delays at the various Mint facilities in response to the pandemic.
The 20-coin 2020 Uncirculated Coin set includes, from the Denver and Philadelphia Mints each, one Lincoln cent, Jefferson 5-cent coin, and Roosevelt dime, five America the Beautiful quarter dollars, a Kennedy half dollar and a Native American dollar.
The 2020 set went on sale Nov. 30, priced at $25.25. 1x live casino entertainment.
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