Coin collectors were demanding an easy way to obtain one example of each coin minted for circulation each year. The US Mint responded to this demand by introducing the Mint Set, or Uncirculated Coin Set, in 1947. The early sets were referred to as Double Mint Sets, as they contained 2 examples of each denomination of the coin. In 1947, 5,000 of these sets were sold. By 1959, the Mint Sets began to include only 1 example of each denomination of the coin. As a result, for the first time, sales passed the 100,000 mark, rocketing up to 187,000 sets sold. A mere 5 years later, coin collecting had increased in popularity so much that sales passed the 1 million mark! In 1974, the US Mint sold 1,975,981 sets of these brilliant uncirculated condition coins. The coins are minted in 2 different Mints, and as a result, come is 2 separate sealed cellophane packages. Right now, JM Bullion has these 1974 US Mint Sets available for purchase.
- Received in sealed cellophane packaging!
- Set includes thirteen 1974 coins from the US Mint!
- Each coin displays its face value in US dollars.
- Each denomination has its own obverse and reverse design.
- Total of 1,975,981 mint sets were issued in 1974.
- Please note – some sets may be missing their outer envelope/sleeve/box.
- Also note – some sets packaging may not be in perfect condition.
This US Mint Set includes 13 uncirculated coins in 2 separate packages. One package has red edging and comes with 6 coins from the Denver Mint. Included are one each of the Lincoln Cent, Jefferson Nickel, Roosevelt Dime, Washington Quarter, Kennedy Half Dollar, and Eisenhower Dollar. The other package has blue edging and comes with 7 coins – 6 from the Philadelphia Mint and 1 from the San Francisco Mint. Included are one each of the Lincoln Cent, Jefferson Nickel, Roosevelt Dime, Washington Quarter, Kennedy Half Dollar, and Eisenhower Dollar from the Philadelphia Mint and one Lincoln Cent from the San Francisco Mint.
In 1972, Mint Sets recorded their highest sales to date – 2,750,000 sets. In 1973, the sales came crashing down to only 1,767,691 sets, largely due to a $2.50 increase in the issue price of the set, although the set did include 2 additional coins. Over the course of the year, collectors who were possibly scared off by the significantly higher price of the 1973 Mint Set, may have grown anxious to get back in the collecting game, thus sales of the 1974 Mint Set did see a fair recovery, as 1,975,981 sets were sold.
Should you have any questions, please contact our JM Bullion Customer Service team, we will be happy to assist you. We can be reached via phone at 800-276-6508, via online live chat, or via email.