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.
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.
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 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."
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.
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.