2013 White Mountain 5 Oz Silver Uncirculated Coin Released

by Rhonda Kay on May 17, 2013 · 8 comments

The United States Mint is now offering the collector 2013-P White Mountain National Forest Five Ounce Silver Uncirculated Coin.

2013-P White Mountain National Forest Five Ounce Silver Uncirculated Coin

2013-P White Mountain National Forest Five Ounce Silver Uncirculated Coin

It is the first of its kind this year and the sixteenth overall in the series of numismatic America the Beautiful Five Ounce Silver Uncirculated Coins.

Softer Price and Premium Over Melt

This new product, bearing a reverse design representative of the national forest found in New Hampshire, has an opening price that is a little softer on consumer wallets. At $179.95, it’s a full $100 cheaper than when the series debuted with the first 2010-dated release. The very last issue, the sold out 2012 strike honoring Alaska’s Denali National Park, launched in November with pricing of $229.95.

On Thursday, May 16, when the coins were released, the London silver Fix was $22.26 an ounce. That brings the melt value of the silver coin to $111.30 and its premium over melt to $68.65.

2013 White Mountain Coin Designs

United States Mint Sculptor-Engraver Phebe Hemphill designed and sculpted the reverse of the 2013-P White Mountain National Forest Five Ounce Silver Uncirculated Coin. It depicts Mt. Chocorua, the easternmost peak of the Sandwich Range, surrounded by common birch trees. Reverse inscriptions read WHITE MOUNTAIN, NEW HAMPSHIRE, 2013 and E PLURIBUS UNUM.

Like all America the Beautiful coins, the obverse features John Flanagan’s well-known portrait of George Washington, the first President of the United States. The "P" mint mark indicates the coin’s origin from the United States Mint facility in Philadelphia, where all U.S. Mint issued five ounce coins originate. Obverse inscriptions include UNITED STATES OF AMERICA, LIBERTY, IN GOD WE TRUST and QUARTER DOLLAR.

An edge inscription reads .999 FINE SILVER 5.0 OUNCE, the weight and fineness of the coin.

2013 White Mountain Silver Coin Specifications

US Mint Promotion Image of White Mountain National Forest Uncirculated Coin

U.S. Mint promotion image of White Mountain National Forest Uncirculated Coin

Specifications of collectible America the Beautiful Five Ounce Silver Uncirculated Coins are nearly the same as the respective investor-quality bullion coins. Like the White Mountain bullion coin that launched a few days ago, each is composed of five ounces of 99.9% fine silver. The coin diameters stretch a full three inches and have a thickness of 0.165 inches.

Difference between numismatic uncirculated coins and bullion coins include the "P" mint mark found on the obverse of the numismatic version, which is missing on the investor strike, and the way the two versions are distributed. Investment renditions are sold via the U.S. Mint’s limited network of authorized silver purchasers for a small premium above the current spot price of the precious metal they contain. The uncirculated coins are sold directly to the public by the U.S. Mint at a steady, published price.

Mintages, Ordering and Sales of Past Releases

A maximum mintage of 25,000 will apply to the White Mountain Silver Uncirculated Coin. Last year’s issues did not reach their intended mintages as the U.S. Mint produced fewer based on early collector demand. Reduced pricing may help spark sales this year. For comparison purposes, final sales totals for past issues are illustrated in a chart at the bottom of this article.

The new White Mountain silver coin may be purchased from the U.S. Mint either through its website, found here, or by phone toll-free at 1-800-USA-MINT (872-6468). There are no household ordering limits for this release.

Each numismatic White Mountain National Forest Five Ounce Silver Uncirculated Coin is encapsulated for protection and placed inside an outer box. It ships with a Certificate of Authenticity.

Upcoming 2013 America the Beautiful 5 Ounce Silver Uncirculated Coins

Four more America the Beautiful Five Ounce Silver Uncirculated Coins will be issued by the U.S. Mint this year. Their names and release dates are:

  • Perry’s Victory and International Peace Memorial Silver Uncirculated Coin (OH), scheduled for June 6, 2013
  • Great Basin National Park (NV), scheduled for June 27, 2013
  • Fort McHenry National Monument and Historic Shrine (MD), scheduled for August 2013 and
  • Mount Rushmore National Memorial (SD), scheduled for November 2013

Below is the list of 2011- and 2012-dated ATB Silver Uncirculated Coins and their last reported sales figures before they sold out or went off sale.

  Sales
2012-P Denali 5 Ounce Silver Uncirculated Coin 15,225
2012-P Hawaii Volcanoes 5 Ounce Silver Uncirculated Coin 14,863
2012-P Acadia 5 Ounce Silver Uncirculated Coin 14,978
2012-P Chaco Culture 5 Ounce Silver Uncirculated Coin 17,146
2012-P El Yunque 5 Ounce Silver Uncirculated Coin 17,314
2011-P Gettysburg 5 Ounce Silver Uncirculated Coin 24,625
2011-P Glacier 5 Ounce Silver Uncirculated Coin 20,856
2011-P Olympic 5 Ounce Silver Uncirculated Coin 18,398
2011-P Vicksburg 5 Ounce Silver Uncirculated Coin 18,594
2011-P Chickasaw 5 Ounce Silver Uncirculated Coin 16,827
2010-P Mount Hood 5 Ounce Silver Uncirculated Coin 26,928
2010-P Grand Canyon 5 Ounce Silver Uncirculated Coin 26,019
2010-P Yosemite 5 Ounce Silver Uncirculated Coin 27,000
2010-P Yellowstone 5 Ounce Silver Uncirculated Coin 27,000
2010-P Hot Springs 5 Ounce Silver Uncirculated Coin 27,000

 

As reflected above, the U.S. Mint has released five America the Beautiful coin designs annually. Each new release honors a different national park or site of interest. By the time the program ends in 2021, one site per state and U.S. territory will have been featured. The artwork is the same as the corresponding America the Beautiful Quarters® produced for public commerce.

{ 8 comments… read them below or add one }

Boz May 17, 2013 at 2:40 pm

I just placed my order for all 25,000 of them. I like them a lot.

sammy May 18, 2013 at 7:05 am

Thanks Rhonda. That premium over melt value seems a little steep, no ?

wonkwonk May 18, 2013 at 2:28 pm

I like how the pic has the P mintmark whereas the five-ounce version, according to the article, will have no such P. I think the copy is hilarious, trumpeting how much cheaper this coin is versus previous releases without mentioning silver’s more recent performance. I also find the premium (price over spot) to be offputting.

JanetM May 18, 2013 at 3:00 pm

@wonkwonk, did you read the same article as me?

It doesn’t seem like it. The mint mark on the coin is obvious starting with the first sentence, and the article states how they are on the numismatic coins and not the bullion coins. In terms of trumpeting a cheaper price, I haven’t seen other sites actually list the premium for this coin over its melt value. I suppose the article could have linked to a past one talking about when prices were lowered http://www.coinnews.net/2013/05/01/us-mint-to-cut-2013-silver-eagle-and-5-oz-silver-coin-prices/.

thePhelps May 19, 2013 at 3:52 pm

Once again it seems we have bullion collectors tabulating the premium over melt on a mint issued collectors coin and complaining.

The is an obvious solution to your problem with this coin – buy the bullion coins and you’ll be fine.

It is highly unlikely the person who buys this coin with the P mint mark, will be doing so with the idea they’ll sell it at melt prices in the future. I bought 2 of these – the mint issue at $179.95 and the bullion coin at $142. I wish bullion collectors would stop reading these stories.

wonk – you must have speed read the article – and totally missed most of it.

hungyip May 19, 2013 at 9:32 pm

i ordered it for my Asian Customers, they like it , because it is cheaper than ANY other Nations 5oz! Especaily ,WTF Chinese 5oz silver panda, cost $350+,
2nd reason, it minted by USA. , 3rd reason low mintage,

if u have 1M ,you can control 20% of their volume

Boz May 20, 2013 at 3:33 pm

I have 600 million. I just bot the lotto ticket at Publix. So how should i spend it? Looking for some input here!

nygrump May 21, 2013 at 2:06 pm

I don’t think there is a “White Mountain” in NH – people refer to the White MountainS plural – in Vermont it is the Green Mountains. Yes people say White Mountain National Forest, but I’ve never heard anyone refer to a ‘White mountain’. I think this is a mistake of sorts. we used to take a trip to the White Mountains when I was a kid, not the White Mountain.

Leave a Comment