Sales of 2015 Homestead 5 Oz Silver Bullion Coins Hit Max

by Mike Unser on March 31, 2015 · 3 comments

2015 Homestead National Monument of America Five Ounce Silver Bullion Coin, Reverse

Photo of the 2015 Homestead National Monument of America Five Ounce Silver Bullion Coin

Sales of 2015 Homestead National Monument of America Five Ounce Silver Bullion Coins have likely ended for good. The United States Mint earmarked the coin’s mintage at 35,000 coins, and U.S. Mint distributors ordered the last 600 from that total today.

Struck in versions of investment-grade bullion and collector uncirculated, a combined 65,000 are authorized. The collectible uncirculated coin has sales of 18,198. There is a possibility, however unlikely, that some of the silver planchets targeted for the collector version could shift toward bullion production.

"An announced maximum mintage limit of 30,000 coins has been issued for the America the Beautiful 5 Ounce Homestead Uncirculated Coin," Adam Stump, deputy director of the U.S. Mint’s Office of Corporate Communications, told CoinNews on Mar. 9. "However, based on demand, the U.S. Mint has the flexibility to mint and issue more than the minimum of 35,000 America the Beautiful 5 Ounce Homestead Silver bullion Coins so long as we do not exceed the 65,000 coin limit."

Since sales of the uncirculated coins tend to go into the next year, it seems unlikely that the U.S. Mint would make the call to produce more Homestead bullion coins unless demand for the Homestead uncirculated coin fell sharply and quickly.

Coin News Update: The U.S. Mint on April 1 sent its distributors the following memo: "Authorized Purchasers, this is to inform you that we have now sold out of 2015 America the Beautiful 5 Ounce Silver Bullion Coins — Homestead. The next release, the 2015 America the Beautiful 5 Ounce Silver Bullion Coin — Kisatchie, will go on sale on Monday, April 20th 2015."

Both editions are produced at the United States Mint in Philadelphia and from the same coining press, but only the collector option has a "P" mint mark. (See photo comparisons of the two.) The bullion version launched on Feb. 17 and the uncirculated version launched on March 5. The Homestead bullion coin is available from precious metals and coin dealers for about $110, with pricing adjusted daily based on the silver market. The collectible uncirculated coin is available directly from the United States Mint at www.usmint.gov/catalog for a fixed price of $149.95.

{ 3 comments… read them below or add one }

profitter April 1, 2015 at 8:49 am

I had Chinese customers bought 200 piece unc ,he brings it to China resale make 3 – 4x profit

Boz April 1, 2015 at 10:21 am

Would not be surprised to hear that China is knocking out “replica” coins of these 5 oz designs.

Bettyclone April 1, 2015 at 4:19 pm

They won’t able to make 5oz unc version, our US custom are seriously to take care all illegal products ,
The most important thing is COA , contain US government’s Seal !
Anyone making fake copies of that seal will facing $500000 and 25 years of prison!
I guess this is good reason to collect 5oz unc coin

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