Today, at 12:00 PM (noon) ET, the United States Mint released the collectible Glacier National Park Five Ounce Silver Uncirculated Coin.
One factor that may give a boost to easing sales in the coin series will be its lower price of $229.95, since the price used to be $50 more for all six earlier launches. The Glacier silver coin is the second 2011-dated issue and the seventh overall.
For the coin's start, the United States Mint is limiting the initial household limit to five coins, at least for the first full week of sales. In the past, the Mint kept a limit for the first couple of months of availability.
Similar to the 2011 Gettysburg silver coin released in September, the Glacier uncirculated coin will have a maximum mintage of 35,000. This was an increase over the coins dated 2010, which had a maximum of 27,000.
This latest release comes encased in a presentation case with a Certificate of Authenticity. The coin's diameter is 3.0 inches, it weighs five ounces, and it is struck in .999 fine silver.
Its reverse design mimics the circulating Glacier quarter, already in the market. It was designed by Barbara Fox and engraved by Charles L. Vickers, and it depicts the classic view of the northeast slope of Mount Reynolds in the background with a mountain goat on a rocky slope in the foreground. Inscriptions are GLACIER, MONTANA, 2011 and E PLURIBUS UNUM.
For reference, the United States Mint press release about the Glacier National Park Five Ounce Silver Uncirculated Coin follows.
WASHINGTON - The United States Mint will open sales for the 2011 America the Beautiful Five Ounce Silver Uncirculated Coin - Glacier National Park (Montana) on October 25, 2011, at noon Eastern Time (ET). Orders will be limited to five coins per household for the first week of sales. At the end of one week, the United States Mint will re-evaluate this limit and either extend, adjust or remove it. The maximum mintage is limited to 35,000 units.
Currently, pricing for the 2011 America the Beautiful Five Ounce Silver Uncirculated Coin - Glacier National Park is set at $229.95. As with all products sold by the United States Mint containing precious metals, pricing is subject to change.
Orders will be accepted at http://www.usmint.gov/catalog or at 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may order at 1-888-321-MINT (6468). A shipping and handling charge of $4.95 will be added to all domestic orders.
The America the Beautiful Five Ounce Silver Uncirculated Coins are collector versions of the coins issued through the America the Beautiful Silver Bullion Coin™ Program. The three-inch uncirculated coins feature the same designs that appear on the bullion coins and the corresponding circulating quarters issued through the America the Beautiful Quarters® Program.
The America the Beautiful Five Ounce Silver Uncirculated Coins are struck in .999 fine silver and display the "P" mint mark indicating production at the United States Mint at Philadelphia. To protect the uncirculated finish, each coin is enclosed in a capsule and an attractive presentation case. A Certificate of Authenticity is included.
Note: To ensure that all members of the public have fair and equal access to United States Mint products, orders placed prior to the official on-sale date and time of October 25, 2011, noon ET shall not be deemed accepted by the United States Mint and will not be honored. For more information, please review the United States Mint's Frequently Asked Questions, Answer ID #175.
The United States Mint, created by Congress in 1792, is the Nation's sole manufacturer of legal tender coinage and is responsible for producing circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces proof, uncirculated and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.
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Gettysburg National Military Park Five Ounce Silver Uncirculated Coin ReleaseUS Mint Sales: Glacier National Park Five Ounce Silver Uncirculated Coin DebutsTagged as: Silver Coins, United States Mint
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