The United States Mint Set To Release the Third Five Ounce Silver Bullion Coin in the 2017 America The Beautiful Series.
The third coin in the 2017 America The Beautiful from the United States Mint, the Ozark National Scenic Riverways will be released in mid-June and is now available to order from BGASC.com for shipment by June 15.
The Ozark National Scenic Riverways
The much anticipated Ozark National Scenic Riverways silver bullion five ounce silver coins are now available for order from BGASC.com.
The Ozark National Scenic Riverways silver bullion coin is the third in a series of five 2017 America The Beautiful (ATB) quarters. As part of the ATB quarter program, the U.S. Mint also simultaneously produces five ounce silver coins with the same design as the ATB quarters. Demand for 2016 ATB silver coins were the second highest in the coin’s history.
The first two ATB coins in the 2017 were minted in low numbers. The first coin, the Effigy Mounds National Monument sold under 27,000 through late May. The second coin, The Frederick Douglass National Historical Site sold out its original run of 20,000 coins and it is unclear whether the Mint intends to producer any more.
On the Back of the Coin
The Ozark National Scenic Riverways coin features Alley Mill, a flour mill built in 1894, in the background and a river flowing through it in the foreground. The words “E Pluribus Unum” and “Ozark Riverways” and “Missouri” are emblazoned on the coin. The coin’s reverse was designed by Ron Sanders and engraved by United States Mint Sculptor-Engraver Sculptor-Engraver Renata Gordon.
The Ozark National Scenic Riverways is a National Park established in 1964 that protects 134 miles of rivers (the Current and Jack Fork rivers) in Missouri and over 80,000 surrounding acres of land. The park features many caves and hiking trails as well as boating and kayaking opportunities on the rivers. The Ozark National Scenic Riverways is located at 404 Watercress Drive, Van Buren, MO 63965.
On the Front of the Coin
The ATB silver bullion coins look like giant quarters and even bear a face value of a “quarter dollar”, though the five ounces of silver contained in the coins makes them worth far more.
Sales of the U.S. Mint’s ‘other’ silver bullion coin, the America The Beautiful (ATB) coin are on the rise. ATB coins are produced in limited mintages, that have never exceeded 126,700. In contrast, the U.S. Mint has sold record amounts of one ounce American Silver Eagle coins from 2013-2015, selling over 133 million ounces. Sales of five ounce ATB coins from 2013 – 2015 were just 508,000 reflecting 2,540,000 ounces of silver sold.
In 2016, sales of American Silver Eagle coins fell 20% from 2015’s record sales. Sales of ATB coins in 2016, however, soared 35% from 2015. The U.S. Mint sold 286,000 American the Beautiful coins in 2016, the second highest total ever in the coin’s seven year history. The best selling coin in 2016 was the first coin of the series the Shawnee National Forest coin that sold 105,00. The coin with the lowest mintage in 2016 was the Fort Moultre National Monument coin that sold 27,900.
About The America The Beautiful Coin Series
The America The Beautiful five ounce silver coins were authorized in 2008 under Public Law 110-456. The ATB coins are five ounces of .999 fine silver and are exact replicas of the designs of the America the Beautiful quarters ($.25) minted for general circulation. The ATB five ounce silver coins even have stamped on them “quarter dollar” on the obverse. ATB five ounce coins are the first five ounce silver coins ever produced by the U.S. Mint.
Each year since 2010, the U.S. Mint has produced five different designs of America the Beautiful coins. The reverse of the ATB coins features various depictions of U.S. National Parks or other national sites. The obverse of the ATB coins looks like a U.S. quarter featuring a portrait of George Washington. Indeed, the ATB series includes U.S. quarters intended for general circulation with face values of twenty five cents that are produced in the same design as their five ounce silver commemorative counterparts.
The ATB quarter program is a 12-year initiative that will honor 56 national parks and other national sites by 2020.
What’s Coming In 2017?
The Effigy Mound National Monument (IA), the Frederick Douglass National Historic Site (DC) and the Ozark National Scenic Riverways (MO) coins will be followed by the Ellis Island (Statue of Liberty National Monument)(NJ) and George Rogers Clark National Historical Park (IN) coins later in 2017.
Because of their limited mintages, the ATB silver coins often sell out quickly and in later years sell for higher premiums over the value of their silver bullion content.
This article by BGASC is not, and should not be regarded as, investment advice or as a recommendation regarding any particular course of action.