Orders Maxed for Yosemite, Grand Canyon and Mount Hood Silver Coins Scheduled

by Mike Unser on June 24, 2011 · 8 comments

The opportunity to purchase a Yosemite National Park Five Ounce Silver Uncirculated Coin is now extremely limited. The United States Mint has indicated that the allotted coin’s 27,000 mintage is spoken for, and that any new orders placed will go immediately to a waiting list. That means new orders will be fulfilled only if one of the original 27,000 orders is cancelled.

Yosemite, Grand Canyon, and Mount Hood 5 Oz Silver Uncirculated Coins

Yosemite, Grand Canyon, and Mount Hood 5 Oz Silver Uncirculated Coins

Collectors wanting a chance on the waiting list can visit the Mint’s website at http://catalog.usmint.gov/ or by calling its customer service number at 1-800-USA-MINT (872-6468).

The Yosemite National Park Five Ounce Silver Uncirculated Coin went on sale June 9. Buyers snapped up 20,511 during the first four days, showing demand for the five-ouncers waned little following the sell outs of the first two strikes in the series, the Hot Springs National Park Five Ounce Silver Uncirculated Coin and the Yellowstone National Park Five Ounce Silver Uncirculated Coin.

Collectors will now look toward the next two issues from the Mint’s America the Beautiful Five Ounce Silver Uncirculated Coin program. The bureau has already scheduled their launch dates.

Grand Canyon and Mount Hood 5 Oz Release Schedule

Scheduled next for release is the Grand Canyon National Park Five Ounce Silver Uncirculated Coin. The United States Mint has said it will release the collectible piece on June 29, 2011, for the same $279.95 price as the first three coins. The mintage remains the same as well, at 27,000 units.

The Grand Canyon coin honors the national park located in the state of Arizona. The coin’s design, by Phebe Hemphill, depicts the granaries above the Nankoweap Delta in Marble Canyon which is near the Colorado River. Inscriptions include GRAND CANYON, ARIZONA, 2010 and E PLURIBUS UNUM.

The United States Mint has scheduled the Mount Hood National Forest Five Ounce Silver Uncirculated Coin release for July 28, 2011. It has the same limited 27,000 mintage and is expected to launch for a price of $279.95.

As with all its products containing precious metals, however, the Mint says its "pricing is subject to change."

The Mount Hood coin honors the national forest located in the state of Oregon. Also designed by Phebe Hemphill, the coin showcases a scene of Mount Hood and Lost Lake. Inscriptions include MOUNT HOOD, OREGON, 2010 and E PLURIBUS UNUM.

The 2011-dated America the Beautiful Five Ounce Silver Uncirculated Coins are also expected out this year. The United States Mint has not scheduled their release as of this writing.

{ 8 comments… read them below or add one }

Bubba June 24, 2011 at 6:52 pm

It is taking around 2 weeks for a sellout. 5 more days till the next realease.
I can’t wait.

Mark haney June 25, 2011 at 10:33 am

What happened to the mint promising to stagger the release of each coin so that the average collector can come up with the money to purchase all five coins? $280.00 is a whole month of food for my family. With things the way they are with the economy, I don’t think i’ll be able to buy the remaining two coins. SO UNFAIR!!!!

James June 27, 2011 at 1:02 pm

The mint doesn’t give a darn about the small time collector. This program has been a disaster since it started and the price’s they are charging for these coins is excessive. Having said that I am trying to purchase these as they are released but it is a challenge.

Lopital June 27, 2011 at 3:26 pm

The coins are gorgeous… I understand the whole 27,000 shananigans and that the only way to get them is directly from the mint, so everybody is paying the same… But I cannot stop filling like a sucker overpaying so much for silver… The premium is about $110 (66%) using today’s spot price. They should adjust prices as with their other products.

James June 27, 2011 at 7:37 pm

I finally received the first two of the set from NGC. 1st time I ever had a coin graded. They we’re both graded SP69. Sure do have a lot of money invested by the time you’re done. If anyone is interested, I have these two For Sale. Guaranteed to be from me, in the original boxes. Don’t think I’m gonna buy anymore, can’t afford em.

bubba June 28, 2011 at 12:57 am

It is tough to come up with the money, but they have to get 7 more coins out this year. So there is only so much they can spread them out. The time between 4th and 5th is about a month, so it gets a little better. The first year mintages are 27,000, but future mintages could be higher. Next year they should be 2.5 months apart which is more managable. On Ebay they are selling for above the issue price, so you can always sell them for a premium if you get to feeling too bad about the price. I’m not too worried about the silver price as I think silver will
be going up quite a bit in fall. When silver gets over $60, you’ll be glad you bought them at around $55 an oz.

RonnieBGood June 29, 2011 at 8:44 am

To collectors of Graded 5 oz coins: Just to let you know that NGC charges an extra $25 to grade these coins. They call them “Oversized Holders”. With the additional weight for shipping these run at about $50 each just to grade. Just to let you know why these will run more to purchase graded!!

James June 30, 2011 at 9:27 am

I will sell the 3 Hot Springs I have for 390 each. This is the P Mintmark NGC SP69 ER. Shoot me an email.

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