2014-P Great Sand Dunes National Park Five Ounce Silver Uncirculated Coin

Today, September 15, 2014 at 12:00 Noon ET, the United States Mint will begin sales of the Great Sand Dunes National Park Five Ounce Silver Uncirculated Coins. This will represent the twenty-fourth overall release within the numismatic series.

Sand Dunes Silver Coin

The reverse design carries the image of a father and son playing in the sand within the park next to a creek bed. The background includes the distinctive mountains and sand dunes of the site. Inscriptions around the outer circumference read “Great Sand Dunes”, “Colorado”, “2014”, and “E Pluribus Unum”. The reverse was both designed and engraved by Don Everhart.

On the obverse of the coin is the 1932 portrait of George Washington designed by John Flanagan. The inscriptions read “United States of America”, “Liberty”, “In God We Trust”, and “Quarter Dollar”. The “P” mint mark appears to represent the Philadelphia Mint.

Incused edge inscriptions indicate the precious metal weight and purity as “.999 Fine Silver 5.0 Ounce”.

This coin represents a numismatic release which carries a limited mintage and is sold directly by the United States Mint to the public. The numismatic version is differentiated with an uncirculated finish created through a vapor blasting technique and the “P” mint markΒ  on the obverse.

A maximum mintage of 30,000 has been indicated. Pricing is $154.95 per coin, with orders fulfilled through the US Mint’s online subscription program receiving the discounted price o $139.45 per coin. There are no household ordering limits imposed.

The first numismatic release of the series for this year featuring Great Smoky Mountains National Park had sold out at last reported sales of 24,725 compared to the maximum mintage of 25,000 pieces. The subsequent two releases have reached sales of 26,375 for Shenandoah and 26,252 for Arches from maximum mintages of 30,000 pieces each.

Bullion versions of this year’s coins have seen sales to date of 30,000 for Great Smoky Mountains, 21,000 for Shenandoah, and 21,200 for Arches. The Great Sand Dunes bullion version, which was made available to order from August 25 has reached sales of 10,000 pieces.

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Comments

  1. Pittsburgh P says

    Ikaika no problem… You’ll have to cancel it yourself if you want to. It’ll just be transfered to the enrollment program.

  2. gary says

    @Clark… As you are a devoted collector of the First Spouse series I suppose the 10% discount may affect the FS collectors the most (if it applied to FS, I don’t know for sure)
    The $4.95 shipping is a really nominal charge and yes it is a good perk for the expedited shipping of PM items. I think the Mint might do some free shipping perks again for limited times but the 10% discount may not return except on selected non precious metal coins.
    Could even be that after assessing all of their expenses associated stemming from what may be the a growing habit of certain abusive speculators who continuously order, prescreen OGP for the fabled 70 grade, pull them out and repackage to return the (deemed) 69s in & repeat the process.

  3. Boz says

    My Sand Dunes subscription order was automatically “placed” on September 11. Status today the 16th is “in stock and reserved” at the $139.45 price. It would be a bummer if just because the mint delays shipping it would cause the price to go back up. In such case I suspect I would return the entire order for refund and switch over to cheaper bullion coins for the rest of the series.

    The Everglades subscription on my account is also still showing at the $139.45 price, even though it obviously will not be given the change in the program. I think there is something deceptive about that, even though it may not have been intentional. I would also expect the price to be lowered further for the Everglades given the value of silver continues to plummet.

    Lately the actual shipping on “subscriptions” has been taking place about 5-10 days after the initial availability date. One must assume that that is the quickest the fulfillment people can box and ship, which is a little odd since they could have had the Sand Dunes order ready to go out the door the first day. After all, the order was ” placed” and the credit card dinged last week.

    I like the “enrollments” because the order gets placed and I don’t forget about a coin, leaving a hole in my collection, which has happened in the past. I especially like the discounted price. There also is the distinct possibility with something like the ATB puck or the First Spouse, with such relatively small mintages, that the entire production could sell out via “enrollment,” if one company placed an order for the entire mintage (in situations where there are no ordering limits).

    I dislike “enrollments” because if there is a price increase, such as happened with the silver eagles a few years ago, you can get a nasty surprise in between when you planned your purchase and when they were delivered.

    I never “enrolled” any gold because of the possibility of price fluctuations. I only “enrolled” some silver because the discount was offered. Now it appears the same thing will happen to silver, and there will be no point in “enrolling” anything except some common clads so as not to forget about them.

  4. Louis says

    Anyone think we should wait until our Sand Dunes pucks ship before cancelling the sub? Mine says in stock and reserved so I think cancelling the sub would only impact the next coin.

  5. Sith says

    @gary – They may do another round of ATBs but considering the lack public awareness I doubt it. I for one I’m getting burned out on the changing quarter designs, I will most likely pass on another 11 year program.

  6. Ikaika says

    @ Clark

    More often than not prices have a tendency to decrease overtime. It may take a few years, but they do. In 2010, people were paying 3-6 K for the ATB sets. I even remember Louis predicting that the ungraded sets would not be available for under 2K after 2 years (2012). We all know how much they are worth today ($10 over spot if you sell to a major dealer, that is if they are buying). From many years of coin collecting, I learned that if I cannot buy directly from the US Mint, it is worth waiting until the whole freenzy cools down. You might not win every single time (there are exceptions), but you sure have less risk of losing money. Big money that is πŸ™‚

  7. Ikaika says

    @ Louis

    I will cancel after my GSD is shipped. The US Mint works in strange ways and we never know what could happen πŸ˜‰

  8. halfpint says

    hey jon in ct ,no one said you had to look at that site ,but if you can read someone was looking for silver rounds,which might help them,but you are only worry about yourself I can see

  9. Clark says

    Gary–Fortunately, suspension of discounts won’t affect First Spouses as they were not available by subscriptions. As I suggested, it would be nice if the Mint used its new platform flexibility to benefit loyal customers with loyalty programs, pricing, etc. Someone here even suggested giving loyal customers pre-ordering privileges and the like. There’s a lot that the new system could do to build goodwill…let’s see if they seize the opportunity or just allow it to become another public relations blemish associated with higher prices.

  10. eddie says

    I would wait about cancelling my subscription for the ATB’s until the Everglades 5oer is listed on the Mints website before you cancel. Better safe than sorry.

  11. Clark says

    Ikaika–I remember that all too well and share your observations, with the exception that we did not have the option of buying 2010 bullion pucks directly from the Mint; we had to purchase from the Mint’s “Authorized Dealers.” Suspected price gouging and discriminatory sales by some of these authorized dealers cast a now familiar shadow on how the Mint went about introducing a hot new product. That controversy and mintage limits of 33,000 on BULLION coins, fueled the initial buying frenzy and artificially drove up prices. In fairness, silver prices flirted with all time highs, which also contributed to the overall devaluation of 2010 bullion pucks.

  12. Sith says

    It does not hurt to wait but if your going to wait why ask? The mint is clear once the order goes through you are canceling the next coin. As “You may cancel your order at any time prior to processing.”

  13. gary says

    @Sith… LOL, I wasn’t recommending another 11 year round of ATB, but the subject material is there to do it. I agree, one go round is enough already. Lack of public awareness is and always has been a problem for the ATB 5 ounce coins. Much of it has to do with the extremely compressed timeline in which the Mint had to figure out how to uniformly strike such a big coin and still get something out (the bullion versions) in time for a calendar 2010 release in the last month of the year. Speculators hopped on these “meager” 33,000 sets like a bum on a baloney sandwich. Third Party graders had absolutely no idea as to how to set grading standards on these but the hype centered around DMPL and MS69 as the holy grail grade and enormous four figure money was paid for them! When that bubble burst it did so big time. In early April 2011 I picked up a set from APMEX for 970.00 that I thought was a really good deal. When PMs tanked and I was lucky to sell it on Ebay just to get a break even. Yet I like the coins in P-mint finish and used the money towards buying back dates getting them at way less than Mint issue prices on Ebay, except for the Hawaii & Maine. In short, the product launch was a screw up, and you only have one opportunity to make a positive impression with a product launch.

  14. eddie says

    For some reason I thought the Mint said before the NP series was started they were going to do 2 rounds of the NP Quarters.

  15. Sith says

    @gary – The Mint already has Congressional authorization to go another round, and thought you were chomping at the bit for it. My bad.

  16. Sith says

    @ Eddie – See above basically they can go another round but only .β€”If the Secretary makes a determination under clause (i), the program under this subsection shall continue until a second site in each State has been
    so honored

  17. gary says

    I for one am leaving my ATB enrollment alone for this year anyway. If perchance silver went lower and the price dropped on my one coin it’s no big hairy deal for me. If silver skyrocketed up (which I seriously doubt), well that could only better all the ones I already have. Clark… I agree, the Mint should do some special things for loyal collectors with established histories of making purchases. The problem is defining what loyal is and means to the U.S. Mint… Individual collectors or individual mass marketing resellers who order many more coins in excess of what the end user (collector) base can support?

  18. Sith says

    SECOND ROUND AT DISCRETION OF SECRETARY

    DETERMINATION
    .β€”The Secretary may make a determination before the end of the 9-year period beginning when the first quarter dollar is issued under this subsection to continue the period of issuance until
    a second national site in each State, the District of Columbia, and each territory referred to in this sub-
    section has been honored with a design on a quarter dollar

  19. Sith says

    I’m more upset that the mint lowers the price on the product after subscriptions have been filled. You don’t have to help them but maybe a guarantee that you will get a credit if you subscribe and they drop the price would be nice, even a partial credit would be nice.

  20. jhawk92 says

    Clark – Wow, that is starting strong…13 sets of all varieties. Yes, they were expensive back then, and that was what kept me in a single version, the P pucks. While those early versions are really under water in terms of value, I see the last couple of years as a way to dollar cost average down, so that as silver prices rebound, I will come out ahead. And since the prices are low, and I have the ability, I am pressing ahead with the MS69 DMPL slabbed pucks and hopefully can finish out both sets.

    I will be holding onto my subscription/enrollment until I get my GSD puck in hand, then see where things stand. I, too, wish the Mint would reward long term customers somehow. They could look back at our order history and maybe work up some sort of incentive on what we have ordered in the past. I’ve been ordering the mint and proof sets for over 20 years, so keeping a 10% discount would be nice. Not rewarding the bulk buys.

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