America the Beautiful 5 oz Silver Coin
The America the Beautiful 5 oz silver coins are 5 troy ounces of pure silver. The front of the coin is almost identical to John Flanagan’s design of the familiar Washington quarter except much larger (3” in diameter). It features the usual United States of America, Liberty, In God We Trust, and Quarter Dollar. The denomination is symbolic as these large coins contain 5 troy ounces of silver and fluctuate directly with the price of silver.
According to A Guide Book of United States Coins by R.S. Yeoman the reverse of these large silver coins will feature “five different sites of natural or historic significance” will be honored each year from 2010 through 2021 which totals 56 different coins. Mintages on the America the Beautiful 5 oz Silver Coin have varied from a low of 20,000 on Hawaii’s Volcanoes National Park to a high of 126,700 on Montana’s Glacier National Park.
The reverse of the America the Beautiful 5 oz silver coin also features the state, the name of the pictured natural or historic site, E Pluribus Unum and the date.
Because mintages vary the GoldDealer.com buy and sell premium is quoted for the most common dates available. Some issues carry higher premiums and if you have a specific interest in better material call Ken Edwards directly for quotes (1-800-225-7531).
An interesting feature of the America the Beautiful 5 oz silver coin is that the edge of these coins are incused (set inward) and display the coin’s weight and purity. All of the America the Beautiful 5 oz silver coins are minted at the Philadelphia Mint, the coin however carries no Mint Mark which is consistent with earlier Philadelphia issues.
The America the Beautiful 5 oz silver coin offers a number of advantages: (1) They are issued by the US Mint which means these coins are accepted as to purity and content worldwide. This allows traders to easily post both buy and sell prices which directly reflect changes in the world silver market. (2) The America the Beautiful 5 oz silver coin is approved for Individual Retirement Accounts. (3) For most of the series the buy and sell premium is small and therefore attractive to silver bullion investors. (4) The America the Beautiful 5 oz silver coin is not reportable when buying or selling (Form 1099B).