Five Ounces of Silver 4


In the previous post, I spoke about my visit to the US Mint in Philadelphia earlier this week. At the end of the tour, I went to their gift shop. I had to buy a T-Shirt. So I saw a black T-Shirt with a Lincoln Cent on it and without hesitation, purchased it. However, my main mission of going to this shop was to obtain a coin or coin set. Now, I saw the current year’s Proof Sets, American Eagle Silver Dollars and Bullion Gold Coins. Also saw some recent Commemoratives which included the 2014 Hall of Fame Silver Dollars. I was considering going for this silver dollar, but wanted to continue looking at what else they had. They also had some medals that had been minted there. They did have coin sets like Franklin Half Dollars, Kennedy Half Dollars
and Jefferson Nickels. Finally, I found something that I had considered buying for the last year, and today would be the day.

The first time I heard about the Five Ounce Silver Coin was 2 years ago when I saw them in the 2016 Red Book. They are known officially as the “America the Beautiful Silver Five Ounce Silver Uncirculated Coins” as they are minted alongside the quarters that have been minted since 2010. Currently, they are only minted in Philadelphia which was perfect as it will be a remembrance of visiting that Mint building.

The shop had five different 5 ounce coins on display: 4 from 2016 and 1 from 2017. The one I picked was the Theodore Roosevelt National Park in North Dakota. I thought Theodore Roosevelt would be most appropriate as when he was President, he wanted to see different designs in coins.

Differences Between America the Beautiful Quarter and 5 Ounce Coin

  1. Size – Diameter of the Quarter (0.95 Inches), Diameter of the 5 Ounce Coin (3 Inches)
  2. Composition – Philadelphia Quarter (75% copper, 25% nickel), Philadelphia 5 Ounce (99.9% Silver)
  3. Edge – Quarter has a reeded edge, 5 Ounce has a smooth edge with the writing “.999 FINE SILVER  5.0 OUNCE”

The obverse and the reverse of the 5 ounce coin have the same design and lettering as its quarter counterpart.

Would I Consider Purchasing More 5 Ounce Coins

Tough call. I love the one I currently have, but what would I have to consider to get all of them. First of all, there have minted 5 different coin each year since 2010 and are considering minting them until at least 2021. That’s 12 years and 5 each year would be 60 coins total. The mint sells them at $149.95 each which means the set would cost around $9,000. Looking at the Red Book, some have gone down in price, while a few have gone up. The current silver price is around $18 per ounce which makes the current silver value of each coin above or below $90. Another thing to consider is where would I put all of these coins. With each coin being 3 inches in diameter, a whole set will be taking up quite a bit of space. Will definitely have to get a bigger safe.

Would You Want a 5 Ounce Coin

Definitely not something you would put in your pocket, but if you’re looking a big coin with nice detail, then this coin is it. You won’t find these in circulation. The average mintages for each coin between 2010 and 2016 are between 10,000 and 30,000 which makes it more for the collector. It also could be a future investment if the price of silver rises. You decide.


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4 thoughts on “Five Ounces of Silver

  • angelce903

    Hello,

    just to tell you that you made a Wise decision when you bought this silver coin! Many experts think that a huge crisis is coming and that gold and silver might be the solution. Moreover, if you sell this coin in some time, you’ll earn a huge deal of money! Well done!

  • casey

    hi, I have a small collection of coins I have 2 America the beautiful 1once uncirculated silver dollars from 2000 which are considered to be the most detailed coins of the year and I have a collectors map of quarters from each state which was released from 1998-2008 but the only thing is I don’t know how much these will be worth in the future and I was wondering if maybe you would know anything about these.

    • Kevin Post author

      Thanks for the comment Casey! I think you mean American Eagle Silver Dollars. Some do considered them the most beautiful US coins. The obverse of the coin came from the Walking Liberty Half Dollar which was minted between 1916 – 1947 and was considered the most beautiful circulating coin that the US produced.

      I also have a map which came from the Mint that house a quarter from each state. Like my set, you probably have clad (copper and nickel) quarters in there which probably won’t be worth a lot, but is still nice to look at and quite an accomplishment since it took 10 years to complete.