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Coins - 1992 Mint Set

The 1992 mint set does not identify the year of the set except for on each of the five coins shown on the front of the light tan envelope. Inside, the mint set contains ten uncirculated coins and two mint tokens in two separate sealed sleeves. The uncirculated coins, one each from Denver and from Philadelphia, include the Kennedy half dollar, Washington quarter, Roosevelt dime, Jefferson nickel and Lincoln penny in the 1992 annual mint set.

On the left front of the 1992 mint set, images of the two mint tokens and the five coins are grouped in a cluster. Just to the right of center, a black and white Treasury Department seal shows the origin of the coins. On the right side of the front, the mint set is identified by "The United States Mint Uncirculated Coin Set" with smaller letters showing "with D And P Mint Marks."   Since "1992" is not in the title of the set, the date is easiest to find by looking at the bottom of the Kennedy half dollar.

1992 Mint Set Package

1992 Mint Set package of coins 

The back of the mint set envelope shows a plain, pale tan surface with no additional identification or text.

1992 Mint Set back of envelope 

The contents of the 1992 mint set package included the ten uncirculated coins and two mint tokens equally distributed in two clear sleeves, an insert providing information about the set and a reorder form on a separate red and white card.

1992 Mint Set opened showing coins and contents 

1992 Mint Set Uncirculated Coins

The five uncirculated coins and one mint token in the red-edged sleeve on the left came from the Denver mint. The blue-edged sleeve on the right holds the five uncirculated coins and the mint token from the Philadelphia mint.

1992 Mint Set obverse images of coins 

The Denver mint token in the red-edged pliofilm shows "Uncirculated" and "Denver" around the rim with "D" in the middle on the obverse. 

1992 Mint Set Denver mint token 

Likewise, the other sleeve holds a mint token with "Uncirculated," "Philadelphia" and a "P" in the middle to identify the Philadelphia minted coins.

1992 Mint Set Philadelphia mint token 

To hold the coins and mint tokens, each clear sleeve is separated into six sealed compartments. The individual compartments protect the coins from scratching each other but allow them to rotate freely.  

To view the reverse images of the coins, the sleeves are clear on the opposite side as well.

1992 Mint Set reverse images of coins 

Both of the identifying tokens have the same reverse image which includes the US Mint seal as part of the Treasury Department.

1992 Mint Set token reverse 

1992 Mint Set Insert and Certificate of Authenticity

The insert placed inside the 1992 mint set looks similar to the outer envelope in color but the title and coin images are organized differently. On the right, images of the coins and mint tokens emphasize the contents of the mint set. On the left, the insert is titled "The United States Mint 1992 Uncirculated Coin Set" where they do include the year in the identifying text.

1992 Mint Set front of insert 

Inside the insert in the 1992 mint set, the US Mint celebrated their 200th anniversary by describing the history of the mint including pictures of the early Philadelphia and Denver mint buildings. They also recognized the mints, such as Dahlonega, which are no longer in operation. Finally, they note which locations are active US Mint sites today.

Not to forget the actual mint set, they include pictures of the two sleeves - one from Philadelphia and one from Denver - along with identifying images of the five coins.

1992 Mint Set inside of insert 

The back of the folded insert shows the "Specifications — 1992 U.S. Mint Uncirculated Coin Set" which includes the artists, the size, the metals and the weight of the five uncirculated coins in the mint set. 

1992 Mint Set coin specifications

To increase sales and make it easy to order more 1992 mint sets, a reorder form on a separate card was included with the coins in the mint set. (Note: this card is no longer valid, but it helps cushion the coins in the envelope.)

1992 Mint Set reorder form 

The opposite side of the card advises how to complete the order form and where to send the form and the payment for the mint sets. 

1992 Mint Set reorder form instructions 

Larger images of the 1992 mint set insert show the contents of the insert and the coin specifications with more detail.

1992 Mint Set Coins and Metals

The coins of the 1992 Mint Set contained the following metals:

Penny: copper-plated zinc, 2.5% copper; 97.5% zinc
Nickel: 25% nickel; 75% copper
Dime: 91.67% copper; 8.33% nickel
Quarter: 91.67% copper; 8.33% nickel
Half Dollar: 91.67% copper; 8.33% nickel

Click on Mint Set Population to view the contents of the sets through the years. Take a look at the overall Mint Set page to see how the mint set values compare among the sets across the years.

1992 Mint Set Year - News about Coins and the US Mint

(note: the below links to newspapers open in a new window)

House rejects plan to redesign coins 
The Times-News - Feb 20, 1992
Though the Senate had passed the measure to redesign the nation's circulating coins - at least the reverse images - the House defeated the proposal by a vote of 241-172. One representative claimed, "What's wrong with the current designs? They represent the stability and continuity of our nation." Another viewed the issue differently, "Worrying about how our nation's money looks, rather than how strong our money is, opens this House up to charges of wasting time instead of dealing with our economic woes."

US Mint celebrates 200 years 
Reading Eagle - Apr 3, 1992
The first mint in 1792 struck coins one at a time where the agile coin maker had to tug on the press and quickly jump out of the way. It took eight years from 1792 to 1800 to strike one million coins. Now, the Philadelphia mint produces one million coins in 20 minutes with 11 coins per second falling from the modern presses. Both the old and the new presses were on display as the mint celebrated its 200th anniversary.

Entrepreneurs producing cards in expensive precious metals 
The Vindicator - May 10, 1992
The makers of sports cards are upping the premiums for some of their cards by making them out of precious metals. But, it also appears the US Mint used a 1991 Fleers bubble gum card for the design of the 1992 Olympic commemorative silver dollar. Krause Publications noticed the likeness between the card and the coin even to the wrinkles on the uniform. But, in this case, the US Mint did not knowingly copy the card as the design was chosen out of more than 1000 submitted works of art.

US coins stuck in iconographic time warp 
Deseret News - Jun 28, 1992
According to a 1988 survey, 88% of people do not know who is portrayed on the front of the dime. Others cannot identify the who is on the front or what is on the back of the other pocket change coins without looking. When government officials are asked why the coins are not updated since most of the designs are over 25 years old, the official answer is that people don't want the coins changed.

Printing more money wouldn't bail us out 
The Milwaukee Sentinel - Jun 11, 1992
Abigail Van Buren, Dear Abby, answered a reader's question about why the US Mint doesn't make more money to pay off the government's debts and help people.  Dear Abby enlisted the US Treasury Department to help her provide an answer. Basically, the amount of money needs to be tied to the economic activity of the country otherwise rampant inflation would occur. Dear Abby used Germany of the 1920s as an example where they printed money which crippled the country and allowed Hitler's rise to power.

Congress uses collectors as a way of earning income 
The Vindicator - Jul 5, 1992
Congress characterizes coin collectors as greedy, yet they do not hesitate to approve commemorative coins in order for those same coin collectors to help fund their special projects. For example, the White House commemorative silver dollar containing $3.16 of silver will be priced at $35. Congress also approved Bill of Rights, World Cup and Christopher Columbus commemorative coins. Congress hasn't recognized that too many coins will reduce sales across the board.

'American Eagle' migrates to Canada during production 
Reading Eagle - Sep 1, 1992
Congress agreed to produce US Gold coins in 1985 to compete with the South African kruggerand and other gold bullion coins. The act required the American coins to be produced from newly mined US gold. Just recently, however, the US Mint chose a Canadian company as the lowest bidder to make the gold blanks. The US Mint ships the American gold to the Ontario business which melts the gold and forms it into rounds. The blank rounds are shipped to the US Mint which presses the blanks to produce the American Eagle Gold Bullion coins. 

The 1992 Mint Set Year included news of the US Mint's celebration of its 200 years in service.

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