Sales of the investment-grade 2015 Blue Ridge Parkway Five Ounce Silver Bullion Coin ended today, July 29, when the "total sold" reached 45,000. This marks the highest level for a coin in the series since 2011.
Earlier today, the United States Mint told its Authorized Purchasers (APs) that the bullion coin sold out. APs buy America the Beautiful Five Ounce Silver Bullion Coins in bulk orders from the U.S. Mint for $9.75 per coin, plus the price of spot, and then they resell them into the broader market. Blue Ridge silver coins originally launched and temporarily sold out on the same day, June 22. Sales later resumed on July 13 after the Mint made more strikes.
Collectors can still buy the companion uncirculated version that is branded with the ‘P’ mint mark for the Philadelphia Mint. It went on sale July 7. This numismatic edition is available to the public directly from the U.S. Mint’s website, found here, for $149.95 per coin.
Total sales of the collector coin came to 16,085 by last Sunday. The U.S. Mint said it would produce a maximum of 65,000 coins across both bullion and collector versions. With the bullion coin now sold out, a possible 20,000 total is allocated for the collector strike. Hence, less than 4,000 remain available.
CoinNews will present photo-centric overviews of both coins later in the week.
It should be noted that the Mint also told APs that the next release in its bullion series, which honors Bombay Hook National Wildlife Refuge in Delaware, will go on sale on Wednesday, Sept. 30, 2015.