2015 Homestead 5 Oz Silver Uncirculated Coin Released

by Mike Unser on March 5, 2015 · 0 comments

Homestead National Monument of America makes one of its final appearances on a United States Mint collectible product with today’s release of a three-inch, five ounce silver coin depicting a reverse design emblematic of the site in Nebraska.

2015-P Homestead National Monument Five Ounce Silver Uncirculated Coin and Presentation Case

2015-P Homestead National Monument Five Ounce Silver Uncirculated Coins arrive encapsulated, set inside a protective outer box and come with a United States Mint Certificate of Authenticity

This just released 2015-P Homestead silver coin is the first of five this year and the 26th overall from the Mint’s series of America the Beautiful Five Ounce Silver Uncirculated Coins.

Homestead National Monument Silver Coin Design

Struck at the United States Mint in Philadelphia in 99.9% pure silver, designs on the collector coin match those on the Homestead National Monument Quarter which launched into circulation last month and are available in U.S. Mint roll and bag products.

2015-P Homestead National Monument Five Ounce Silver Uncirculated Coin

Reverse of Homestead 5 Oz Silver Uncirculated Coin

The reverse or tails side image, created by Ronald D. Sanders with sculpting by Jim Licaretz, represents the three survival fundamentals common to homesteaders: food, shelter, and water. Obverses of America the Beautiful coinage share 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

America the Beautiful Quarters and companion silver coins have different edges. Quarters have reeded edges while those on 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 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

Pricing for the uncirculated coin is $149.95. With its 99.9% pure silver composition and at Thursday’s London silver price of $16.19 an ounce, each has an intrinsic or melt value of $80.95. That places the U.S. Mint premium per ounce at $13.80.

That’s low compared to other U.S. Mint silver collectibles. As an example, the Mint premium for its one-ounce proof Silver Eagle is $32.76. Last year’s five ounce coins launched at per ounce premiums of $15.71; $12.35; $11.60; $11.33; and $11.18.

Ordering

2015-P Homestead National Monument of American 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. The coin has a maximum mintage of 30,000.

Bullion Version of Homestead 5 Oz Silver Coin

The U.S. Mint also strikes bullion five ounce silver coins that are intended for investors. Homestead National Monument of America Five Ounce Silver Bullion Coins debuted on Feb. 17 and has current sales of 20,000.

Bullion 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.

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

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