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Provisions of Public Law 116-330 - Circulating Collectible Coin Redesign Act of 2020 - modified the 5-ounce production directive, providing the Treasury secretary the discretion to direct the production 5-ounce versions without the mandate. Stay tuned for future developments.All were executed on a special dedicated coin press. The upcoming America the Beautiful Silver bullion coin program has generated interest from both precious metals investors and collectors. ![]() For the year to date, the US Mint has recorded sales of 27,480,500 of the one ounce coins. Premiums charged to authorized purchasers are $2 per coin above the market price of silver. 999 fine silver and are required to be produced in quantities sufficient to fulfill public demand. The current American Silver Eagle bullion coin program was authorized in 1985, with the first coins released in 1986. This product will represent the second silver bullion program of the United States Mint. The level of the premium has not yet been established. #AMERICA THE BEAUTIFUL SILVER COINS FOR SALE PLUS#Pricing for authorized purchasers will be based on the market price of silver plus a premium. ![]() Authorized purchasers will be able to order the new silver bullion coins in minimum quantities of 2,000 coins, with purchases above the minimum allowed in 100 coin increments. These bulk bullion dealers buy the coins directly from the Mint and then resell the coins to other bullion dealers, coin dealers, and the public. Similar to other bullion products of the US Mint, the America the Beautiful Silver Bullion coins will be distributed through a network of authorized purchasers. The tubes and containers will be marked with the seal of the United States Mint. The tubes will be placed in vaccuum formed inserts in molded plastic shipping containers. The 5 ounce silver coins will be packaged for distribution in tubes containing of 10 coins, resulting in a bullion weight of 50 ounces of silver. Overall production is planned to be 500,000 coins for 2010, with 100,000 produced for each of the five designs featuring Hot Springs National Park, Yellowstone National Park, Yosemite National Park, Grand Canyon National Park, and Mount Hood National Forest. The edge of the coin carries incused lettering “.999 FINE SILVER 5.0 OUNCE.” The coins have the required diameter of 3.0 inches, which results in a thickness of 0.16 inches. The US Mint was reported to have begun production of the America the Beautiful Silver Bullion coins at the Philadelphia Mint on September 20, 2010. The coins may only be available for sale during the year in which the quarter is issued. The law specifies that the coins may be available for sale no sooner than the first day of the year of issue for the corresponding quarter. 999 fine silver, and incused edge lettering indicating the fineness and weight of the coin. This includes the denomination stated as “QUARTER DOLLAR”, which curiously gives the over-sized bullion coins a legal tender value of 25 cents.Īdditional requirements for the bullion coins include a weight of 5.0 ounces, diameter of 3 inches, composition of. #AMERICA THE BEAUTIFUL SILVER COINS FOR SALE SERIES#The law provides for a new series of circulating quarter dollars featuring national parks and sites from each of the states, territories, and the District of Columbia, as well as an accompanying silver bullion coin series with designs that are exact duplicates of the quarters. The America the Beautiful Silver bullion coins were authorized under Public Law 110-456, the “America’s Beautiful National Parks Quarter Dollar Coin Act of 2008”. ![]() Although a release date for the coins have not yet been established by the US Mint, anticipation has been running high for the new bullion product. The coins will feature the designs of the America the Beautiful Quarters and will be struck in 5 ounces of. The United States Mint will introduce a new series of silver bullion coins this year. ![]()
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