U.S. Mint image of the Gettysburg National Military Park Five Ounce Silver Uncirculated CoinThe United States Mint will begin accepting orders for the collector Gettysburg National Military Park Five Ounce Silver Uncirculated Coin on Thursday, September 22, at 12:00 PM (noon) Eastern Time.
Followers of the series will be thrilled to learn that the U.S. Mint has increased the Gettysburg silver coin initial household limit to five coins for the first week of sales. For previous releases, it had been only one coin. The limit may change over time, when the Mint does its evaluation.
Another change for this launch is that the Gettysburg coin mintage will be 35,000. Older coins in the America the Beautiful Five Ounce Silver Uncirculated Coin series had maximum mintages of 27,000.
As for the opening price, it will remain the same at $279.95. Since the collectible 3.0 inch diameter coin is struck in .999 fine silver and weighs five ounces, the premium works out to be about $15.65 per ounce given the price of silver on the London Fix at the time of this writing was $40.34 an ounce.
Four out of five issues in the program have sold out in a matter of weeks, with the fourth coin, honoring the Grand Canyon, reaching its order ceiling in approximately eight weeks. The fifth one, for Mount Hood, is still for sale after seven weeks with 5,712 available as of Monday, September 12.
The Gettysburg coin's reverse depicts the 72nd Pennsylvania Infantry Monument, an American Civil War monument located on the battlefield. Inscriptions include GETTYSBURG, PENNSYLVANIA, 2011 and E PLURIBUS UNUM.
The bullion version, that is already circulating in the coin market, is different than the new uncirculated issue. The new strike has extra features for collectors, such as the uncirculated finish, lower mintage, and the "P" mint mark on its obverse. It is also packaged within a specially designed box that includes a Certificate of Authenticity.
For reference, the United States Mint press release about the Gettysburg National Military Park Five Ounce Silver Uncirculated Coin follows.
WASHINGTON - The United States Mint today announced the release of the 2011 America the Beautiful Five Ounce Silver Uncirculated Coin - Gettysburg National Military Park (Pennsylvania) on September 22, at noon Eastern Time (ET). The coin is currently priced at $279.95. As with all products sold by the United States Mint containing precious metals, pricing is subject to change.
The maximum mintage for each of the five 2011 coins is limited to 35,000 units. 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 America the Beautiful Five Ounce Silver Uncirculated Coins are collector versions of those 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 with each coin.
The United States Mint will accept orders at http://www.usmint.gov/catalog and 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 fee of $4.95 will be added to all domestic orders.
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 September 22, 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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