Today, June 6, the United States Mint released the collector 2013-P Perry’s Victory and International Peace Memorial Five Ounce Silver Uncirculated Coin.
Priced at $179.95, it is the second for 2013 and the 17th overall in the series of America the Beautiful Five Ounce Silver Coins.
2013 Perry’s Victory Coin Designs
Perry’s Victory and International Peace Memorial is located in northern Ohio and was established in 1919 to honor those who fought in the Battle of Lake Erie during the War of 1812. It is also a reminder to celebrate the peace between the U.S., Canada, and Britain.
On the new release, the reverse design by Don Everhart depicts a statue of Oliver Hazard Perry, US Navy Master Commandant, in the foreground, with the Peace Memorial, a 352 foot tall Doric column erected at Lake Erie, in the background. Inscriptions are PERRY’S VICTORY, OHIO, 2013 and E PLURIBUS UNUM.
George Washington’s portrait by John Flanagan and the "P" mint mark of Philadelphia Mint are seen on the obverse. Inscriptions surrounding the first President’s image include UNITED STATES OF AMERICA, LIBERTY, IN GOD WE TRUST and QUARTER DOLLAR.
Edge-incused lettering defines the coin’s weight and fineness, stating .999 FINE SILVER 5.0 OUNCE.
Ordering Information & Mintage Limits
Orders for the collector 2013-P Perry’s Victory Five Ounce Silver Uncirculated Coin may be placed from the U.S. Mint either from its website, right here, or by phone at 1-800-USA-MINT (872-6468).
There are no household ordering limits, but the U.S. Mint’s stated mintage limit is 25,000 units. That is the same as the previous issue as well as the 2012-dated silver coins.
While $179.95 for a single coin can feel steep compared to other silver products from the U.S. Mint, these coins stand in a league of their own due to their size and weight. Every strike is composed of five troy ounces of 99.9% fine silver, as opposed to the American Silver Eagle series which boasts coins with one troy ounce of .999 silver.
$179.95 is the same price charged for the 2013 White Mountain Five Ounce Silver Uncirculated Coin released a few weeks ago when silver was at $22.26 an ounce. Today, the London fixing for silver was $22.60.
If the London silver Fix fluctuates by several dollars either up or down, the price of the coin is subject to change. The U.S. Mint will never sell its numismatic silver products below or extremely close to their melt values. As an example, in November 2012 when the Denali uncirculated coin launched, the price of the five ouncer was $229.95 as silver was near $35 an ounce.
In addition to this just released uncirculated coin for collectors, the U.S. Mint sells Perry’s Victory Five Ounce Silver Bullion Coins. The bullion version was released on Monday, June 3. These coins are not sold directly to the public.
A limited number of companies called Authorized Purchasers are allowed to buy them from the Mint. When they do, they must order at least 100 coins of one design at a time, with 100 coin ordering increments. The AP’s pay $9.75 over spot for each one. The coins then will trickle into the consumer market for a few dollars per ounce over the spot price of silver. Also unlike the collector versions, the bullion coins have a brilliant finish, lack the "P" mint mark and do not come in special U.S. Mint packaging with a Certificate of Authenticity.
Upcoming 2013 ATB 5 Ounce Silver Uncirculated Coins
Three more America the Beautiful Five Ounce Silver Uncirculated Coins will be released by the U.S. Mint later this year. The sites they honor and release dates include:
- Great Basin National Park in Nevada on June 27, 2013
- Fort McHenry National Monument and Historic Shrine in Maryland in August 2013 and
- Mount Rushmore National Memorial in South Dakota on November 2013
This year’s first coin depicting White Mountain National Forest in New Hampshire launched on May 16. It has sales of 13,917 as of Monday, June 4.
Here is a table of 2011- and 2012-dated ATB Silver Uncirculated Coins and their final reported sales amounts before they were declared sold out or they went off sale.
|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|
The U.S. Mint will release five America the Beautiful coin designs annually until the final one in 2021. Each design honors one site per state and U.S. territory. The artwork is the same as corresponding America the Beautiful Quarters struck for public commerce.