Two America the Beautiful five ounce silver coins commemorating Perry’s Victory and International Peace Memorial of Ohio were introduced by the United States Mint last week.
Like the past sixteen issues in their respective 99.9% pure silver coin series, one is struck for coin collectors in an uncirculated quality finish and the other is minted for investors with a brilliant finish.
Released first was the investment-grade version that is named the Perry’s Victory and International Peace Memorial Five Ounce Silver Bullion Coin. Introduced on June 3, the United States Mint sells them through its network of dealers for $9.75 over their current melt value. Dealers must order them in 100 coin increments. These coins eventually become available in the secondary market for a bit over the current spot price of five ounces of silver. Discounts are usually offered buyers when more are purchased at the same time.
Released second was the version for collectors called the Perry’s Victory and International Peace Memorial Five Ounce Silver Uncirculated Coin. It became available on June 6 with anyone able to order one for $179.95 at the US Mint’s website (www.usmint.gov/catalog).
Debut sales for the coins totaled 7,966 for the collector version in the first five days and 13,900 for the bullion version during the first nine days.
These silver coins not only contain five ounces of silver, but each is 3.0 inches in diameter. Their weight and fineness are actually shown on the edge of each coin with letters reading 999 FINE SILVER 5.0 OUNCE. All five ounce silver coins are struck at the United States Mint facility in Philadelphia, but only the collector uncirculated coin has a "P" mint mark to so indicate.
As for the designs on the silver coins, they are exactly like those on the Perry’s Victory America the Beautiful Quarter that began circulating on April 1, 2013. The reverse shows Don Everhart’s depiction of the statue of Master Commandant Oliver Hazard Perry with the Peace Memorial located in the distance. Inscriptions around it are PERRY’S VICTORY, OHIO, 2013 and E PLURIBUS UNUM.
Seen on the front or heads side of every America the Beautiful coin, whether they are circulating quarters, the five ounce bullion coins for investors or the five ounce uncirculated coins for collectors, is the portrait of George Washington by John Flanagan. Found around the portrait are the inscriptions UNITED STATES OF AMERICA,LIBERTY, IN GOD WE TRUST, and QUARTER DOLLAR. The uncirculated silver coin also has the "P" mint mark off to the right.
America the Beautiful coins include five designs every year that celebrate a national park or national site in a U.S. state or territory. With a design for a D.C. as well, there is a total of 56 sites that will be commemorated between 2010 and 2021. The three coin series sharing the same designs have the official United States Mint name of:
- America the Beautiful Quarters® Program,
- America the Beautiful Five Ounce Silver Bullion Coin™ Program and
- America the Beautiful Five Ounce Silver Uncirculated Coin™ Program
Released earlier this year, in May, were the two 2013 ATB White Mountain National Forest Silver Coins. Forthcoming silver coins include those honoring:
- Great Basin National Park of Nevada
- Fort McHenry National Monument and Historic Shrine of Maryland
- Mount Rushmore National Memorial of South Dakota
Here is an article link for on-sale dates for the silver coins — both the coins for collectors and the coins intended for investors.