Marking the last scheduled release from the United States Mint this month, the U.S. Navy 1 Ounce Silver Medal goes on sale beginning today at noon ET. Priced at $75, the medal is composed of 1 troy ounce of 99.9% silver and features designs honoring the rich history and duty of the Navy.
Unlike its larger 2.5-ounce counterpart, which shares the same designs, went on sale last year, and sold out, the medal has no official mintage limit and no limits on product or household orders.
For some background, this medal is the latest issue from the U.S. Mint’s Armed Forces Silver Medal Program, which dates back two years and includes a variety of sizes and compositions. Each medal is struck to honor one of the six branches of the U.S. Armed Forces: Air Force, Army, Coast Guard, Marine Corps, Navy, and Space Force.
To date, releases in the Armed Forces series include:
- Air Force 2.5 Ounce Silver Medal – released July 13, 2021
- Coast Guard 2.5 Ounce Silver Medal – released August 17, 2021
- Navy 2.5 Ounce Silver Medal – released March 11, 2022
- Marine Corps 2.5 Ounce Silver Medal – released July 15, 2022
- Air Force 1 Ounce Silver Medal – released August 16, 2022
- Coast Guard 1 Ounce Silver Medal – released September 26, 2022
- Air Force Bronze Medal – released November 29, 2022
- Army 2.5 Ounce Silver Medal– released March 6, 2023
- Coast Guard Bronze Medal – released May 11, 2023
The U.S. Navy Bronze Medal is scheduled to be issued next month on August 8th, with the Marine Corps 1-ounce silver and bronze medals listed for September 11th and this fall, respectively. No dates have been provided for any other medals, including those celebrating the Space Force.
Turning back to today’s release of the Navy silver medal, its obverse (heads side) depicts the Navy destroyer John Paul Jones on the left, the historic U.S.S. Constitution on the right, and an F-18 Hornet formation overhead. Inscriptions on the obverse read "UNITED STATES NAVY" and, lastly, "DON’T GIVE UP THE SHIP," which was spoken by mortally wounded Commander James Lawrence to his crew on the U.S.S. Chesapeake during the War of 1812.
This design was created by Artistic Infusion Program Designer Donna Weaver, with United States Mint Medallic Artist Jay M. Kushwara sculpting it.
The reverse (tails side) shows a line of sailors manning the rail while the American flag flies in the background. Inscriptions display the Navy’s core values, "HONOR," "COURAGE," and "COMMITMENT." This design was created by Artistic Infusion Program Designer Steve Ferris and sculpted by United States Mint Medallic Artist John P. McGraw.
Navy 1 oz Silver Medal Specifications
| Denomination: | N/A |
|---|---|
| Finish: | Matte |
| Composition: | 99.9% Silver |
| Weight: | 1.000 Troy oz. |
| Diameter: | 1.598 in |
| Edge: | Plain |
| Mint and Mint Mark: | N/A |
| Privy Mark: | None |
Ordering
The Navy 1 Ounce Silver Medal is available directly from the U.S. Mint via their online store for silver medals.
My order starting processing Saturday the 15th.
Yep Rooster, think it was Friday or Saturday when US Mint charged my credit card. As a Navy vet looking forward to receiving my two medals. Hope they arrive as quickly as my Peace & Morgan subscriptions.
It’s a striking medal. I got the 2.5 oz out of memory for my Dad, a proud sailor who served in the Pacific theater during WW II.
Thank you for your service, Chris, and thanks to your Dad for his, Major D. Happily, it’s a very impressive medal, one that does honor and justice to the Navy.
Thank you Kaiser.
Good going Major D. I purchased the 2.5oz medal too. Navy and Space Force will be the only 2.5oz medals I pick up. Navy b/c I served and Space Force as it will be the first item struck by Mint for that service.
The 7-16 sales report is out:
PEACE UNC $
23XH: 255,877
23XH040: 194 x 40 = 7,760
Total: 263,637
(11,363 below 275,000 product limit)
MORGAN UNC $
23XE: 255,904
23XE040: 210 x 40 = 8,400
Total: 264,304
(10,696 below 275,000 product limit)
Thank you for the info. It will be interesting to see how many Morgan/ Peace get returned. I wonder if the mint would sell much closer to the product limit for the Morgan/Peace dollars. They haven’t yet on the AGE products, yet the only one they still sell is the 1/10 oz while the other options still have a lot of room for additional sales.
Nice update. Thank you!
There’s a 275,000 mintage limit as well as product limit. Technically, I believe the Bulk40 count towards the mintage limit instead of product limit, but the result is the same. The Mint did not do Bulk40 with the 2021 Peace and Morgan dollars, so this is something new.
Thanks, Major D and East Coast Guru, for the 2023 Morgan and Peace Dollar updates. Those two coins have certainly given us a lot to talk about.
I just received my Morgans and Peace Dollars and looking at them I feel quite confident in saying they are all MS70’s!
Good to hear. My Morgan dollars look great as well, but still waiting on my Peace subscription to ship- it’s still in processing. I’m looking forward to seeing the sales numbers tomorrow- to know how many more may still become available.
Fingers crossed you get your Peace coin quickly Major D.
Yes, I look forward to seeing the sales figures. Agree that there’s probably a good amount available still.
See on the TV shopping networks that the Peace coin is available for $199! 😮
Thanks Chris, it finally shipped today- hopefully I don’t have a batch of returns already. When it sells out that quickly, I always wish in hindsight that I bought a few more. So, in expectation of it becoming available again I keep checking every morning for the “Add to Bag”. The sales numbers out later today will let us know how many were teed up for release day, and how many might be in a second wave.
Major D and Craig, Glad to hear you guys really lucked out regarding the condition of your Peace and Morgan Dollars; I wish I could say the same. My Peace Dollar arrived in pristine condition and sure looks like a 70 to me. On the other hand, the Morgan that came my way has a distinctly visible blemish about the same size as the U in PLURIBUS located just below that letter. Unfortunately it spoils the appearance of the coin for me and is quite frankly rather a disappointment. I just wish the Mint wouldn’t send a coin with such… Read more »
Sorry to hear about your Morgan $ Kaiser. I’d request a “Remind Me” notice and give it a few more days. That way if they’re back available you can order another one- and once you get a good one, return the blemished one.
Thanks, Major D. I’ve given this whole situation quite a bit of thought according to what I like to call my “24 hour rule” for making decisions. After tossing all the plusses and minuses around in my head I opted to keep the Morgan Dollar I now have in my possession rather than sending it back and opening myself to possibly even greater disappointment. Anyway, as best I can tell it looks like it has a smudge or a grease mark rather than a metallic defect in the coin itself so this is far from being the end of the… Read more »
Got my Peace coin on Saturday and the Morgan arrived today, Monday. And yes Craig, these look amazing. Pleased I did the subscription for both assured purchase and quick delivery.
Now hoping my Navy medals post quickly too.
Chris Terp,
As info, the Navy 1 oz medal now shows “unavailable”, you can still order it, but with a 10/3/2023 back order date.
Thank you for the heads up Chuck. I did the subscription path and thankfully the Mint is processing the order already 🙂
The coins that I received today were all top notch. Next up is the 1 ounce Navy medal.
I’m happy that you guys are reporting back positive notes re: the appearance of the coins you’ve received. Congratulations! I’ve seen more than a few videos on YT where the quality was less than desirable to say the least. Also I have read some reports of other low grade(estimated at MS67) coins being received. I know they won’t all be perfect or non-perfect, however the coins currently sound headed for possible condition rarity? Guess time will tell… I didn’t buy any and feel the coins look too digitized or sterile. I o/u a couple 2021 Peace dollars and I’m good… Read more »
CaliSkier, Rooster and Chris,
My Peace Dollar is likely a 70 but the Morgan would be lucky to get a 68, possibly a 67 with its obvious blemish on the obverse. Bummer in the summer.
What’s frustrating is if you return it you may or may not even get another one. With the prices though there should be zero quality issues.
Or, Rooster, I could possibly get another already returned one in exchange that’s in even worse condition. The Mint strikes again!
Yes a bummer about your Morgan Kaiser. Guess it’s the luck of the draw with Mint. But as Rooster states, at these prices more care must be taken by Mint staff to ensure quality control at these prices.
Thanks Chris and Rooster, for your kind and wise words regarding this little glitch in the Mint’s quality control situation. In an ideal world such things wouldn’t happen, but I suppose here in the real world we have to be able to roll with the punches of the inevitable occasional mishap. Here’s to happy collecting supported by the wherewithal to shake off the effects of any fallout from the Mint’s intermittent slip ups.
Clever way to profit off the rise in silver interest. Not financial advice, but I see the silver spot price going above $75 either this year or next. Until then make that $$$.
Any idea where gold will be in a year?
Rooster,
Hopefully, some will still be in the USA.
Lmao. Good one. I hope so to.
Maybe the government is allowing gold to be kept close to home to make it all that much easier to carry out the second great confiscation.
Mto, I’ve long thought it to be undervalued, but every time I think it’s on a steady climb it just rolls right back below where it was… (but I really hope you’re right!)
You ‘see’ the spot price of Ag above $75 this year or next? Those must be some clever eyeglass’s you are wearing.
Two more 1-oz silver medals this year (Navy and Marine Corps) so that leaves Army next year to round out the five 1-oz. I presume they’re still going ahead with the Space Corps medal and the 2.5 oz will be coming out next year? Has anyone heard anything on that or seen a design?
And Major Mint is also going to produce bronze versions of the military medals.
Space Force design may be interesting as much of their work is classified. So maybe a skunk on the medal for their secret space & satellite image? 😉
Yes, the bronze medals– I’m a sucker for bronze so will need to get some of those. Regarding the Space Corps design, I suppose they could just take the reverse of the Eisenhower and SBA dollar and slap on top of it the Star Trek logo that they appropriated- but I really hope that they’re more imaginative than that.
For my money the “Space Corps” is a ripoff of “Space Balls” and the Department of Homeland Security sounds like a modern KGB unit. Go figure.
Wonder if recruits will be called Space Cadets?
Major D,
If so, that would be hitting the nail right on the head. On the other hand, it might more correctly be said that the creators of this totally inane entity are the actual “space cadets”.
Major D & Kaiser, an Air Force unit in the late-1950s used a delta insignia for its unit moniker before Star Trek. I will admit that Space Force’s delta insignia is boring but worst of all is their dress uniforms – they look like bell hops.
Chris Terp, Rooster,
Notified my order (Navy Medal) shipped. Scheduled for delivery on Friday. Hope we all receive ones we like.
I’m in the same boat Chuck too as my Navy medals arrive Friday the 21st 🙂
Friday as well but out of town till Sunday. Looking forward to this. Ordered 1.
I wonder if a certain venerable musical group is acquiring their share of these also?