Monday 7 April 2014

2014-P Great Smoky Mountains 5 Ounce Silver Coins for Collectors

On Monday, April 7, 2014, the United States Mint will release the 2014-P Great Smoky Mountains National Park Five Ounce Silver Uncirculated Coin.


Image of the 2014-P Great Smoky Mountains 5 Ounce Silver Coin - Obverse, Reverse and its Presentation Case
 
These silver coins are for collectors, carrying the ‘P’ mintmark for the Philadelphia Mint which is unlike the five ounce bullion version that has current sales 15,000 since launching on March 17, 2014.

They mark the 2014 debut of the U.S. Mint’s America the Beautiful Five Ounce Silver Uncirculated Coin™ program. In addition, it is the twenty-first in the series overall which dates back to five 2010-dated releases.

Pricing and Discount
Pricing of the uncirculated Great Smoky Mountains Silver Coin is listed as $154.95. This is the same price point at which the last three program issues debuted. 

Previous silver coins were originally offered at higher price points. In fact, the original 2010-dated coins debuted at $279.95. A softer silver market has resulted in the lower pricing.

This year, those who subscribe to receive the silver coins automatically also get a 10% discount, which brings the price down $15.50 to $139.45 — the lowest ever.
 
Great Smoky Mountains National Park Silver Coin Design
2014-P Great Smoky Mountains National Park Five Ounce Silver Coins bear the same basic designs as found on the much smaller Great Smoky Mountains Quarter which debuted on January 27, 2014. 

The quarters appear as part of the Mint’s America the Beautiful Quarters® Program with the five ounce silver coins taking direction from the smaller sized program.
 
Shown on the reverse is a design by United States Mint Artistic Infusion Program (AIP) artist Chris Costello and executed by United States Mint Sculptor-Engraver Renata Gordon. 

It depicts a historic log cabin found within Great Smoky Mountains National Park along with its forest surroundings and a hawk circling above. Inscriptions are GREAT SMOKY MOUNTAINS, TENNESSEE, 2014, and E PLURIBUS UNUM.

All America the Beautiful related coinage have the same obverse imagery of a portrait of George Washington. 

John Flanagan designed the image of the first President of the United States and it first appeared on quarter dollars in 1932. Inscriptions include UNITED STATES OF AMERICA, LIBERTY, IN GOD WE TRUST, and QUARTER DOLLAR. 

An as mentioned, the ‘P’ mintmark found on the obverse identifies that it was struck at the United States Mint facility in Philadelphia. Only collector versions have these mintmarks, although the bullion silver coins are also made there.
 
Incused on the edge of all America the Beautiful silver coins are .999 FINE SILVER 5.0 OUNCE, indicative of their weight and fineness.
 
Great Smoky Mountains National Park Coin Specifications and Mintages
Each Great Smoky Mountains National Park Silver Coin is struck to 99.9% purity for a total weight of 5.000 troy ounces. 

The diameter of the coin is 3.0 inches with a thickness of 0.165 inches.
The maximum mintage for this coin is 25,000 units.
 
Ordering
2014-P Great Smoky Mountains National Park Five Ounce Silver Uncirculated Coins may be ordered from the U.S. Mint when released. Orders are accepted on the Mint’s website, right here, or by phone at 1-800-USA-MINT1-800-USA-MINT (872-6468). There are no ordering limits.
 
Every coin is encapsulated, set inside a protective outer box and accompanied with a United States Mint Certificate of Authenticity.
 
Bullion Version 
Also produced and mentioned earlier are 2014 Great Smoky Mountains Five Ounce Silver Bullion Coins. They appear as part of the Mint’s related America the Beautiful Five Ounce Silver Bullion Coin™ Program.
 
Whereas the uncirculated silver coins are struck for collectors and sold directly to the public at a premium, the bullion coins are produced for investors and sold through the Mint’s network of authorized purchasers for a smaller amount over the melt price of the five ounces of silver each contains.
 
In addition, no special packaging or certificate of authenticity is included with the bullion coins.

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