Ft. McHenry and Mt. Rushmore 5 Oz Silver Bullion Coins Sell Out

by Mike Unser on November 22, 2013 · 4 comments

Fort McHenry, Mount Rushmore 5 Oz Silver Bullion Coins

Fort McHenry and Mount Rushmore Five Ounce Silver Bullion Coins sold out this week

Just two of the five 2013 America the Beautiful Five Ounce Silver Bullion Coins from the United States Mint remain after two sold out this week and one sold out in September.

The three-inch, five ounce .999 pure silver series is enjoying stronger demand this year and particular strength in November.

For the year-to-date, U.S. Mint dealers have ordered 218,800 coins compared to last year’s annual total of 118,100 coins. Sales during the first three weeks in November are at 39,100 coins, which is the best total for a month since May 2011.

Newest to the sellout list is the 2013 Mount Rushmore Five Ounce Silver Bullion Coin, the last of this year’s releases with its launch date of Nov. 4, 2013. Today, its sales jumped 6,100 to top out at 35,000.

The U.S. Mint correctly anticipated higher demand for the Mount Rushmore coin since mintages for the previous three coins are 5,000 less at 30,000 each. One of those, the Fort McHenry Five Ounce Silver Bullion Coin, sold out this past Tuesday after rising 300 to 30,000. The first of this year’s coins to sell out was also the first released, the 2013 White Mountain Five Ounce Silver Bullion Coin.

Supporting the coins is fewer bullion American Silver Eagles to satisfy demand. This month the U.S. Mint has limited Silver Eagle sales to 500,000 a week as it directs silver blanks towards next year’s issue which launches on Jan. 13, 2014. This year’s one-ounce, .999 pure silver coins already hit an all-time sales record with more than 40 million sold.

Here is a table of this year’s America the Beautiful Five Ounce Silver Bullion Coins with release dates, sell out dates, sales for the month so far and current sales:

Released Sold Out November Sales Sales / Mintage
White Mountain National Forest Five Ounce Silver Bullion Coins May 13 Sept 11 N/A 35,000 of 35,000
Perry’s Victory and International Peace Memorial Five Ounce Silver Bullion Coins Jun 3 N/A 900 27,100 of 30,000
Great Basin National Park Five Ounce Silver Bullion Coins Jun 24 N/A 1,400 28,600 of 30,000
Fort McHenry Fort McHenry National Monument and Historic Shrine Five Ounce Silver Bullion Coins Aug 26 Nov 19 1,800 30,000 of 30,000
Mount Rushmore National Memorial Five Ounce Silver Bullion Coins Nov 4 Nov 22 35,000 35,000 of 35,000

 

These bullion coins are sold by the U.S. Mint to a network of authorized dealers who resell them for a bit over their melt value. Unlike the version for collectors with an uncirculated finish, they lack the "P" mint mark although they are also made at the Philadelphia Mint.

{ 4 comments… read them below or add one }

Kevin November 25, 2013 at 12:01 am

Numismatic versions selling briskly too.

Martin November 25, 2013 at 8:39 pm

After reading your article on November 22 about the Mt. Rushmore 5 Oz Silver Coins selling out I immediately went the US Mint’s Web Page. It was still listed so I placed an order. They shipped it out on November 25. That’s cutting it close.

Bubba December 8, 2013 at 10:22 pm

This is the bullion one that they are talking about. Collector version is still available.

dalereese December 19, 2013 at 4:17 pm

now sold out collectors version along with the uncir silver eagle- mintage very low around 197,000 2013 uncir silver eagle

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