2014 Everglades 5 Oz Silver Uncirculated Coin Released

by Mike Unser on November 6, 2014 · 8 comments

Everglades National Park makes one of its final appearances on a collectible product from United States Mint with today’s release of a three-inch, five ounce silver coin bearing a reverse design emblematic of the site in Florida.

2014-P Everglades National Park Five Ounce Silver Uncirculated Coin and Presentation Case

2014-P Everglades National Park Five Ounce Silver Uncirculated Coin and Presentation Case

Just released is the 2014-P Everglades silver coin, the fifth and last issue of the year and the 25th overall from the Mint’s series of America the Beautiful Five Ounce Silver Uncirculated Coins.

Everglades National Park Silver Coin Design

Designs on the uncirculated coin are the same as on the Everglades National Park Quarter that launched on Monday.

2014-P Everglades National Park Five Ounce Silver Uncirculated Coin

2014-P Everglades National Park Five Ounce Silver Uncirculated Coin

The reverse or tails side, created by Joel Iskowitz and sculpted by Joseph Menna, shows an anhinga with outstretched wings on a willow tree with a roseate spoonbill visible in the mid-ground. Obverses of America the Beautiful coinage have the John Flanagan effigy of George Washington.

America the Beautiful Five Ounce Silver Uncirculated Coin - Obverse

America the Beautiful Five Ounce Silver Uncirculated Coin – Obverse

Edges of America the Beautiful Quarters and companion silver coins are different. Quarters have a reeded edge while those on the five ounce coins are flat and incused with ".999 FINE SILVER 5.0 OUNCE."

Photo of Edge Letterings on America the Beautiful Five Ounce Silver Coins

This photo shows the incused edge letterings that appear on all America the Beautiful Five Ounce Silver Coins. These happen to be bullion versions, which are described lower.

See how five ounce coins are made at the Philadelphia Mint.

Pricing and Premium

This latest coin is $154.95. While that is well lower than the first 2010 issues (they were $279.95 each), the price is giving some collectors pause. There are two major reasons.

First, the U.S. Mint discontinued its 10% subscriber discount. Those who signed up to automatically get series’ coins on release paid $139.45 for each of the four prior issues. That was a savings of $15.50 per coin.

Second, the intrinsic or melt value of the coins is now much lower because of diving silver prices. The $154.95 price feels more expensive as a result. America the Beautiful Five Ounce Silver Coins are struck in 99.9% fine silver and at Thursday’s London silver price of $15.28 an ounce each has a melt value of $76.40. That places the coin’s premium above melt at $78.55 ($15.71 per ounce). The previous four coins launched at premiums of $61.75, $58, $56.65 and $55.90.

Sales of 2013 – 2014 ATB 5 Ounce Silver Uncirculated Coins

A sales advantage this release may have over the prior one and a number of others are how many people live in Florida where Everglades National Park is located. That makes for a larger pool of potential buyers. The first batch of sales figures for the coin will be published next week on CoinNews.net. They will show how it stacks up to others.

This year’s first coin and all of last year’s coins have sold out. The U.S. Mint did not produce them to the original stated mintages since early demand sets how many are actually made. Here is a table of 2013 and 2014 sales as of Sunday, Nov. 2:

Sales Stated Mintages Notes
2014-P Great Sand Dunes Silver Uncirculated Coin 22,089 30,000 Released Sept 15
2014-P Arches Silver Uncirculated Coin 27,294 Released June 12
2014-P Shenandoah Silver Uncirculated Coin 27,280 Released May 15
2014-P Great Smoky Mountains Silver Uncirculated Coin 24,722 25,000 Sold Out
2013-P White Mountain Silver Uncirculated Coin 20,530
2013-P Perry’s Victory Silver Uncirculated Coin 17,707
2013-P Great Basin Silver Uncirculated Coin 17,792
2013-P Fort McHenry Silver Uncirculated Coin 19,802
2013-P Mount Rushmore Silver Uncirculated Coin 23,547

 

Ordering

2014-P Everglades National Park Five Ounce Silver Uncirculated Coins may be purchased from the United States Mint website by visiting this product page, or by calling 1-800-USA-MINT (872-6468). No per household ordering limits are in place.

Coins arrive encapsulated, set inside a protective outer box and come with a United States Mint Certificate of Authenticity.

Bullion Version of Great Sand Dunes 5 Oz Silver Coin

The U.S. Mint also produces bullion five ounce America the Beautiful silver coins that are intended for investors, though collectors buy them as well. Everglades National Park Five Ounce Silver Bullion Coins debuted along with the quarters on Monday, Nov. 3. It has sales of 22,000 as of Wednesday, well higher than the previous Great Sand Dunes bullion coin that launched on Aug. 25 and has sales of 16,800. The U.S. Mint sells bullion coins to authorized distributors who buy them in bulk and resell them in smaller quantities to dealers or straight to the public.

Bullion five ounce silver coins share the same designs and main specifications as companion uncirculated coins. In differences, they:

  • have a brilliant instead of matte finish like the uncirculated coins,
  • are also struck in Philadelphia but lack the "P" mint mark, and
  • do not ship in special U.S. Mint packaging

Bullion coins are usually available from precious metals and coin dealers for a few dollars per ounce over spot.

{ 8 comments… read them below or add one }

Jp November 6, 2014 at 3:35 pm

I noticed that by offering the subscription discount on these coins, this provided bigger sales of the “collector” versions when compared to previous years that did not have a subscription offer. I also am not happy about the mints decision to end the subscription on these coins for this year. I think that was a raw deal they pulled on all of the regular coin buyers. Of course I will still continue to buy these as I have no intention of ending this coin series. (They got us there…) Now that the price of silver has dropped substantially it’s too bad the Mint has become more greedy and not lowered the price to reflect the silver mint values. It’s possible that this will backfire on them. Maybe… I’m still buying though, ( grudgeingly ).

Teach November 6, 2014 at 3:50 pm

It will be interesting to see the first sales numbers on the new pucks. I would assume they will be lower than any other puck this year. There are probably still some people out there with subscriptions who will auto buy. I feel others will wait and see if there is a price drop over the next several months.

Terry November 6, 2014 at 4:54 pm

I’m a little annoyed…..I subscribed to the set (3 coins per release) last year when the 10% deal looked like a good deal (it was). I saw the note about the 10% discount ending, but I assumed it was the end of the calendar year. I also mistakenly assumed that their ending of the discount would end my subscription.

Wrong.

When I saw my order come through, I assumed it was a mistake at $154….especially since silver is under $16/oz now and falling. At $154, these are no bargains. These should be selling around $125 or so. I’ll wait and buy mine in the aftermarket at a bargain price. After they messed up on the initial Platinum Eagle pricing (mistakenly putting up $1600 instead of $1650 on the opening day for a few hours), you would think that someone’s looking at the pricing grid.

Wake up, Mint. We’re really not idiots out here……

Terry November 6, 2014 at 4:55 pm

….and I’m going to be a lot more wary before I take out another subscription.

Jeff November 6, 2014 at 5:37 pm

Be happy there was a discount program. The only other coins to have discounts are the commemoratives. That is only the first month, and quite nominal at best, particularly for the golds. I wouldn’t look to any price adjustment for 2014 silver this close to the end of the year. Look for it in next year’s offerings The AtB should be in the $125 to $130 range. Silver proof sets should be around $47.50. ASEs should be $38 Uncirc and $47 Proof.
And we haven’t seen anything about the LESPS for this year. Remember the note that indicated a change in the authorizing language changing to a MINIMUM of 90% silver without any reference to an alloying metal? Perhaps rather than testing a new alloy, there is going to be a REAL reason to buy the LESFS – all silver at .999 fine (dime, quarters, half as well as the ASE). Makes sense, doesn’t it? No on-sale date yet and we are getting pretty close to the end of the year. First delivery may not be until after the first of the year.

Kevin November 6, 2014 at 10:59 pm

Silver eagle w burnished coins were also offered at a discount for a subscription. No más.

Ilovesilver November 7, 2014 at 1:03 am

if u feel expensive , then don’t buy, BUT remember compare other foreign countries, we are the least expensive
or Sell short SLV on stock market , like I did when I purchase these EXPENSIVE 5OZ silver

Boz November 10, 2014 at 2:29 pm

For what it is worth, if you wanted it quick, the Everglades P enrollment coins that were not cancelled have already been delivered to the customer. This new vendor is really getting stuff out the door!

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