![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/quotes_2a.gif)
2010 America the Beautiful 5 Oz Silver Uncirculated Coin Prices
April 12, 2011 by Silver Coins Today · 7 Comments
The United States Mint on Tuesday announced prices for the collector 2010 America the Beautiful 5 Oz Silver Uncirculated Coin, saying it will charge $279.95.
The US Mint was clear to indicate that "pricing is subject to change" for all "products sold by the United States Mint containing precious metals." That suggests the coins will see their prices adjusted if silver prices rise or fall significantly.
The United States Mint generally watches the London Fix prices of precious metals to determine what to charge for its coins containing silver, gold or platinum. Using the fixing price of silver on Monday at $41.37 an ounce, each of the .999 fine America the Beautiful 5 oz coins would have an intrinsic or melt value of $206.85, making the premium for the uncirculated coin just over $73. (See this site’s Mint prices and values page for current melt values).
United States Mint premiums for collector pieces are always significantly higher than those it charges for its bullion products. For example, the Mint premium for each of the bullion America the Beautiful silver coins is just $9.75. That is what buyers paid above silver spot for each of the 2010-dated issues released last year and the premium it will charge for the two upcoming 2011-dated releases in April.
The 2010 Hot Springs 5 Ounce Silver Uncirculated Coin, the debuting release in the new collector series, is scheduled for an April 28 release date. This uncirculated coin, like the investor-grade Hot Springs 5 Ounce Silver Bullion Coin issued on December 10 and the circulating Hot Springs quarter launched on April 19, honors Hot Springs National Park located in the state of Arkansas. All three coins share the same obverse and reverse design, and all three are legal tender.
Other collector 2010 5oz uncirculated coins scheduled for release this year celebrate Yellowstone National Park in Wyoming, Yosemite National Park in California, Grand Canyon National Park in Arizona, and Mount Hood National Forest in Oregon. The United States Mint at some point is also expected to announce when it will issue the 2011 collectible versions.
5 oz Uncirculated and Bullion Differences
Knowing the difference between a United States Mint investor-intended bullion product and a collector-intended one can sometimes be confusing, as the coins share the same designs and coin specifications.
In terms of differentiating factors for the two types of 5 oz silver coins aside from prices, collector pieces feature a special brilliant uncirculated finish and have a Philadelphia ("P") mint mark. Bullion pieces have no special finish and while they are also produced at the Philadelphia Mint, they do not bear a mint mark.
The way the coins are sold is also different. All collector coins may be purchased by directly from the United States Mint. There is no middleman. Bullion products, however, are distributed through a small network of "Authorized Purchasers" who buy in bulk and resell in smaller quantities to other coin dealers, precious metals providers and sometimes directly to the public.
Finally, collector versions are encapsulated in plastic, accompanied by a presentation case and Certificate of Authenticity signed by the Director of the United States Mint, and are generally produced in limited quantities. Bullion versions have no special packaging and their mintages are expected to be driven by investor demand.
In terms of differentiating factors for the two types of 5 oz silver coins aside from prices, collector pieces feature a special brilliant uncirculated finish and have a Philadelphia (“P”) mint mark. Bullion pieces have no special finish and while they are also produced at the Philadelphia Mint, they do not bear a mint mark.
The bullion silver eagles may meet the finish standards outlined above but a mirror finish on a 2010 ATB bullion 5 oz is in another category. Never have understood why the Mint produced the 2010 versions with polished surfaces. Then again nothing has made sense with this issue.
Hi- thanks for the article -Do you know what the purchase limit will be on the 2010 5 oz uncirculated coins-thanks
Joe, the Mint has not indicated if there will be household limits.
I think the Mint will probably check with its AP network first to get some advice on which household limit scenario will help to re-create the same level of clusterf**k that occured with the bullion version.
So will this collector series now devalue the investor series I just bought because of flooding the market with new supply? Or will buyers differentiate between collector and investor series and pay up for investor series given the limited mintage?
please help a newbie coin-hound. i do not understand…
is it true (according to the USMint website) that i will be able to purchase all 5 of the 2010 ATB 5 oz. coins in 2011 (starting with Hot Springs on 4/28/11) ?
robertf, it is true for the collector uncirculated 5 oz ATB coins. The bullion versions, however, like all U.S. Mint bullion investment-grade products, are sold through the Mint’s network of Authorized Purchasers.