Special Mint Set 1965 SMS

The Special Mint Set (SMS) of 1965 represents a significant and transitional period in American coinage history. Produced during a time of change in the U.S. Mint's operations, the 1965 SMS marked the first year that this format was offered, as the Mint sought to provide collectors with high-quality coins while facing challenges related to the production of traditional proof sets. The decision to create an SMS was driven by the need to adapt to the economic climate and evolving public demand for collectible coins, setting the stage for a new approach in numismatics.

The 1965 SMS was officially released by the U.S. Mint on July 1, 1965. This set contained a total of 11 coins, which included the Lincoln penny, Jefferson nickel, Roosevelt dime, Washington quarter, and Kennedy half dollar, along with the five commemorative coins representing the state quarters. Each of these denominations showcased designs that have become iconic in American numismatics, making the 1965 SMS a key addition to the collections of coin enthusiasts.

The design of the coins in the 1965 SMS retained the familiar imagery that had characterized American currency for many years. The Lincoln penny features the profile of President Abraham Lincoln on the obverse, a design originally created by Victor David Brenner in 1909. The reverse of the penny showcases the Lincoln Memorial, symbolizing the enduring legacy of Lincoln and his contributions to the nation. The Jefferson nickel, designed by Felix Schlag, features the profile of Thomas Jefferson on the obverse, with Monticello displayed on the reverse, celebrating Jefferson's role as a founding father and the third President of the United States.

The Roosevelt dime features a profile of President Franklin D. Roosevelt, created by John R. Sinnock, who also designed the reverse featuring a torch, olive branch, and oak branch—symbols of freedom, peace, and strength. The Washington quarter and Kennedy half dollar continue this tradition, with the Washington quarter depicting the bust of George Washington and the half dollar honoring John F. Kennedy, the 35th President of the United States, following his assassination in 1963.

Struck at the Philadelphia Mint, the coins in the 1965 SMS were produced using a different process than traditional proof coins. The SMS coins were struck with higher quality finishes compared to standard circulation coins, resulting in a more refined appearance. However, they lacked the mirror-like surface that is characteristic of proof coins. This distinction helped to create a unique collectible that appealed to both new and experienced collectors, bridging the gap between circulation and proof coins.

The mintage of the 1965 Special Mint Set was approximately 2.2 million sets, which is relatively modest compared to other mint sets released in different years. This limited production enhances the desirability of the 1965 SMS among collectors, as it represents a unique moment in the evolution of U.S. coinage. The decision to produce the SMS rather than traditional proof sets was influenced by economic factors, including the rising cost of silver and the need to provide collectors with an alternative that still met their interest in high-quality coins.

The condition of the coins within the 1965 SMS is a critical factor for collectors. Each coin was carefully packaged in protective holders to preserve its quality and minimize any potential damage during handling and storage. The meticulous attention to detail in both the minting and packaging processes ensures that many coins from this set remain in excellent condition today. Collectors often seek high-grade examples of the 1965 SMS, with coins that exhibit strong details, deep luster, and minimal surface marks commanding premium prices in the numismatic market.

The 1965 SMS appeals to a wide range of collectors, from novices to seasoned numismatists. For those new to coin collecting, the set serves as an excellent introduction to the historical context of U.S. coinage during the mid-1960s, making it accessible and educational. Experienced collectors, on the other hand, appreciate the rarity and distinctive characteristics of the coins, which differentiate them from standard circulation coins and traditional proof coins.

In summary, the Special Mint Set of 1965 is a fascinating reflection of the U.S. Mint's efforts to adapt to a changing economic landscape while meeting the interests of collectors. It highlights the Mint's commitment to quality and historical significance, with designs that resonate with both the public and collectors. The 1965 SMS continues to be a cherished addition to any collection, embodying a unique moment in the history of U.S. minting and the legacy of American currency.

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