Glacier and Olympic National Park 5 Oz Silver Uncirculated Coins Scheduled

by CoinNews.net on September 30, 2011 · 2 comments

The seventh and eighth America the Beautiful Five Ounce Silver Uncirculated Coins are scheduled for successive October and November releases, according to a recently updated product listing from the United States Mint.

Glacier and Olympic National Park Coins

The Glacier and Olympic National Park Five Ounce Silver Uncirculated Coins have the same designs as their corresponding America the Beautiful Quarter, shown above.

While subject to change, the Mint currently plans to launch the 2011-P Glacier National Park Five Ounce Silver Uncirculated Coin on October 25 and the 2011-P Olympic National Park Five Ounce Silver Uncirculated Coin on November 29.

Earlier assumptions would have placed the price tag for each of the collector coins at $279.95, the same amount charged by the Mint when the first six issues were released. The first four sold out at that price. The fifth and sixth uncirculated coins have not, although they are currently unavailable. The United States Mint suspended their sales on Monday for re-pricing when silver crashed below $30 an ounce. Unless silver rises sharply in the very near term, their sales are expected to resume at lower prices.

Each of the uncirculated coins is composed of .999 fine silver and has a diameter of three inches. They uniquely include edge letterings of ".999 FINE SILVER 5.0 OUNCE." Their designs replicate the obverse and reverse of their corresponding America the Beautiful Quarters.

As the names for the next two coins imply, they honor American national parks. The seventh coin in the series celebrates Glacier National Park located in the state of Montana. The reverse of the coin, designed by Barbara Fox and sculpted by Charles L. Vickers, features a foreground of a climbing mountain goat with a view of Mount Reynolds in the background.

The eighth coin honors Olympic National Park which is located in the state of Washington. Designed by Susan Gamble and sculpted by Michael Gaudioso, the reverse depicts a Roosevelt elk standing on a gravel river bar of the Hoh River with Mount Olympus in the background.

For reference, information on the first ten America the Beautiful Five Ounce Silver Uncirculated Coins follows:

Date/ Mintmark Site Honored Release Date Sales* Status
2010-P Hot Springs National Park, AR April 28, 2011 27,000 Sold Out
2010-P Yellowstone National Park, WY May 17, 2011 27,000 Sold Out
2010-P Yosemite National Park, CA June 9, 2011 27,000 Sold Out
2010-P Grand Canyon National Park, AZ June 29, 2011 27,564 Sold Out
2010-P Mount Hood National Forest, OR July 28, 2011 22,452 Suspended
2011-P Gettysburg National Military Park, PA Sept. 22, 2011 9,549 Suspended
2011-P Glacier National Park, MT Oct. 25, 2011 TBD
2011-P Olympic National Park, WA Nov. 29, 2011 TBD
2011-P Vicksburg National Military Park, MS TBD TBD
2011-P Chickasaw National Recreation Area, OK TBD TBD

 

*The United States Mint provided sales figures are as of Monday, September 26.

Fifty-six uncirculated coins are scheduled for release through to 2021. Each one will honor a specific national park or other national site in each state, the District of Columbia and the five U.S. territories.

The United States Mint already produced and has sold investment-grade bullion versions with the same Glacier and Olympic designs. The bullion coins do not have a mintmark and their finishes are brilliant instead of the matte style found on the collector uncirculated coins. Also, bullion coins are sold through U.S. Mint authorized distributors. All collector coins are sold directly by the Mint to the public.

For more information on each of the coins above, check out this site’s National Park Silver Coins information pages.

{ 2 comments… read them below or add one }

Coin Master September 30, 2011 at 10:24 am

Not sure if I want to continue past the 2010 Uncirculated P’s that I’ve purchased.. If the mint doesn’t seriously adjust their prices I wouldn’t think others would want to either. Silver prices have dropped around 30%, so if the mint was to offer a fair retraction price for the current 5oz uncirculated p’s, they would reprice them around $195 – $210 per coin. The proof ase would be around $50 per coin and the uncirculated around $42. If current silver prices hold and the mint asks for more than $250 for the 25th anniversary ase set, you can count me out. Any thoughts on when repricing for current atb uncirculated p 5oz silver coins will occur? Maybe once PM prices rise?

Blue October 3, 2011 at 8:08 pm

Its getting expensive for sure! Not sure what I’m going to do either. I have been buying silver from the mint but they are putting out to much for me. Resources are limited and usually I end up losing money. I’m leaning toward buying 90% silver…cheaper premiums with a much better potential for a nice return.

Leave a Comment