1962 Proof Set (BUY)
Face Value: $0.91
Original Issue Price: $2.10
Mintage: 3,218,019
The 1962 Proof Set continued the format's immense popularity with coin collectors by selling more than 2 million sets for the second year in a row. The total sales of 3,218,019 also represented another all time high for all proof sets released through that date. Collectors were sometimes purchasing more than one annual set and starting to purchase multiple issues for speculative purposes.
The set contained five coins once again, comprising the half dollar, quarter, dime, nickel, and cent. The coins had a combined face value of 91 cents, but sold as a set of high quality proofs for $2.10. The appearance of cameo and deep cameo coins increased in these later years, as the Mint's production quality increased. Nonetheless, these coins still carry premiums, particularly for high grade specimens.
The 1962 Proof Set packaging was the same flat pack style that had been introduced in 1955. The individual coins plus a foil mint set were sealed within individual compartments of a plastic cellophane pack. This pack was placed between cardboard inserts and placed within a yellow Treasury Department envelope. The envelope indicates "1962-P.C." in the lower left side corner.
