Mint: Philadelphia
Mintage: 68,153,060
Catalog: KM-132
Obverse Designer: Victor D. Brenner
Reverse Designer: Victor D. Brenner
Composition: Bronze
Weight: 3.11 Grams
Diameter: 19mm
Edge: Plain
Though its mintage is a bit low for a Philadelphia Mint cent of this decade, 1912(P) is not a scarce coin in Mint State. It seems that the number of such pieces surviving for each date is not affected by mintage until that figure becomes very low, as a certain number of each issue will survive through similar chance circumstances.
Most 1912(P) are reasonably well struck, and there's no reason to purchase one that is not. Fully red gems are in the minority, but enough survive to meet the needs of the more advanced collectors.