Great Smoky Mountains National Park makes a big but last major numismatic appearance with today’s launch of a three-inch, five ounce silver coin emblematic of the site in Tennessee.
New from the United States Mint is the 2014-P Great Smoky Mountains National Park Five Ounce Silver Uncirculated Coin, the first release this year and the 21st overall from the series of America the Beautiful Five Ounce Silver Uncirculated Coins.
Pricing, Discount and Premiums
Priced at $154.95, it is available to anyone who orders online at www.usmint.gov/catalog. In a better bargain — the best for one of the coins, U.S. Mint subscribers pay $15.50 less, or $139.45, thanks to a discount promotion.
With the coins composed in 99.9% pure silver and at Monday’s London silver fix price of $19.81 an ounce, each has an intrinsic or melt value of $99.05. At the coin’s regular or non-discounted price, that puts the U.S. Mint premium per ounce at $11.18. In contrast, the Mint’s premium for its one-ounce proof Silver Eagle is $33.14 and at $24.14 for the upcoming Thursday release of the uncirculated Silver Eagle.
Great Smoky Mountains Silver Coin Design
Designs found on the uncirculated coin are the same as on the Great Smoky Mountains quarter which launched into circulation back on Jan. 27, 2014.
The reverse or tails side design of the quarter, created by Chris Costello and sculpted by Renata Gordon, shows an image of a historic log cabin found within Great Smoky Mountains National Park. Around the cabin is a segment of the lush green forest with a hawk circling above.
Obverses of America the Beautiful coins show the 1932 portrait of George Washington as designed by John Flanagan. Coin edges vary. Edges on quarters are reeded while silvers coins are flat and incused with ".999 FINE SILVER 5.0 OUNCE."
See how the 5 oz coins are made at the U.S. Mint facility in Philadelphia.
2014-P Great Smoky Mountains National Park Five Ounce Silver Uncirculated Coins may be ordered from the U.S. Mint at the product page, located here, or by phone using 1-800-USA-MINT (872-6468).
There are no household ordering limits but, like in 2013 and 2012, this year’s five ounce silver uncirculated coins have mintages limits of 25,000 each.
Coins arrive encapsulated, set inside a protective outer box and come with a U.S. Mint Certificate of Authenticity.
2013 ATB Uncirculated Coins Sold Out
All of last year’s America the Beautiful Five Ounce Silver Uncirculated Coins sold out, though the U.S. Mint did not produce the maximum 25,000. Here is a table of 2013 sales:
|2013-P White Mountain Silver Uncirculated Coins||20,530|
|2013-P Perry’s Victory Silver Uncirculated Coins||17,707|
|2013-P Great Basin Silver Uncirculated Coins||17,792|
|2013-P Fort McHenry Silver Uncirculated Coins||19,802|
|2013-P Mount Rushmore Silver Uncirculated Coins||23,547|
Bullion Great Smoky Mountains 5 Oz Silver Coins
The U.S. Mint also strikes and sells bullion five ounce coins intended for investors. The Great Smoky Mountains Five Ounce Silver Bullion Coin was released on March 17 and has current sales of 15,000. The Mint does not sell bullion coins to the public. Instead, its network of authorized distributors buys them in bulk and resells them in smaller quantities to dealers or straight to the public. The coins are typically available for several dollars per ounce over spot.
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.