2014-P Great Smoky Mountains Five Ounce Silver Uncirculated Coin

Today, April 7, 2014 at 12:00 Noon ET, the United States Mint will begin accepting orders for the 2014 Great Smoky Mountains National Park Five Ounce Silver Uncirculated Coin. This will represent the first numismatic release of the year for the large sized silver bullion coin series and the twenty first release within the series overall.

great-smoky

The reverse design of the Great Smoky Mountains Silver Coin features a depiction of a historic log cabin found within the park. The image also incorporates a view of the lush green forest and mountains beyond with a hawk circling in the air. The reverse was designed by Chris Costello and engraved by Renata Howard. The obverse of the coin contains the 1932 portrait of George Washington designed by John Flanagan. The original details of the portrait were restored for the series.

Each coin is struck in 99.9% silver with a weight of 5.000 troy ounces and diameter of 3.000 inches. The edge of the coin includes incused edge lettering indicating the precious metal weight and fineness. The obverse contains the unusual denomination for the large silver piece of “Quarter Dollar”.

This numismatic release includes the “P” mint mark on the obverse to signify production at the Philadelphia Mint. The coins carry an uncirculated finish created through a vapor blasting technique.

The US Mint previously released the bullion version of the coin, which does not contain a mint mark and has a brilliant finish. Sales had opened on March 17, 2014 through bullion distribution channels. Sales for this bullion version have reached 15,000 units to date.

The 2014-P Great Smoky Mountains Five Ounce Silver Uncirculated Coins are priced at $154.95. Customers who have their orders fulfilled under the US Mint’s Online Subscription Program are charged the discounted price of $139.45 per coin. A maximum mintage of 25,000 pieces is indicated for this release, unchanged from the level used for the prior year releases.

Last year, the US Mint did not produce the five designs to the full extent of the indicated maximum mintage. Rather, each of the coins sold out within the year of issue after availability periods ranging from about one month to six months. The last reported sales for the designs ranged from a low of 17,707 for Perry’s Victory to a high of 23,540 for Mount Rushmore.

See this previous post for a summary of all bullion and numismatic 2010-2013 ATB 5 oz Silver Coin sales and mintages.

Demand for the series may see a boost this year. The subscription discount takes the price level to the lowest on record for the series. With the discount, the numismatic version is priced around $20 to $25 more than the bullion version, representing a lower than typical numismatic premium. The series has also experienced some recent quick sell outs and higher secondary market prices for some issues, which may have reawakened some collector interest.

Baseball Hall of Fame Coin Sales Update

silver-dollarThe United States Mint has provided updated sales figures for the 2014 National Baseball Hall of Fame Commemorative Coins, reflecting sales through this morning, April 7, 2014 at 9:30 AM ET. The figures show the silver dollar quickly approaching a sell out.

The silver dollar has recorded sales of 238,636 proofs and 127,704 uncirculated coins for a total of 366,340 across both options. This represents 91.59% of the maximum authorized mintage of 400,000 pieces and leaves only 33,660 coins remaining available for purchase.

Sales for the half dollar have reached 100,118 proofs and 63,883 uncirculated coins for a total of 164,001 across both options. The half dollars still remain a far way off from the 750,000 maximum mintage.

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Comments

  1. IndenturedServant says

    Ordered 50 each of the dollars last night 4-7-14 at 11:19pm. Status went from hold to in process and coins are backordered to 7-7-14. Never saw anything that said sold out.

  2. IndenturedServant says

    Make your own. Louisville slugger split lengthwise with hideaway hinges. White leather interior with red baseball style stitching and a recess for each of the six capsules. Magnetic closure and if the COA’s are small enough a slot can be milled to store each of those. Make a box out of white ash with a glass lid to hold the bat. Some dingleberry with $$$ to burn will step right up to buy ’em.

  3. GoldGuru says

    Don’t get me wrong, I Still♡AMY, but Karla knows her stuff too!!! Please guys don’t drop a dime on me!! Can u say Polygamy? I’m Mormon!!………….NOT!!!

  4. John says

    Quick question….if my order has changed to “in process” but i still have a cancel box, what exactly does that mean? Is that essentially a waitlist, or have i been confirmed to get one, but its not in stock yet so it can still be canceled?

    I have one order that is in process, no cancel box, and expected ship 4/16.

    The order im talking about says in process, a cancel box, and backordered until 6/21.

    Hoping my status means im confirmed to be in on the gold 50k, but can still cancel it because it hasnt been made yet.

  5. MikeD says

    Same here. Moved to ”in process” 1 gold proof order March 28 around 9pm EST. Cancel box still there. Still backordered.

  6. longarm says

    Why hasn’t anyone mentioned the possibility the Smokey Mountain 5 oz ATB having sold out? I got my first order in at 12:02 and decided to get a couple more ( at 12:05) and as soon as I checked on the order page the first order was already backordered and the second wasn’t even there so I checked My Account and it said sold out. Now my first order says in stock and reserved, but the second is now on backorder. What’s up?

  7. thePhelps says

    longarm – I subscribed to these – and looked at my order and it was back ordered before these went to general sale. We don’t even know yet how many subscriptions there were or what the 1st days/week sales totals are. I don’t think they’ll sale out in a few days – we’ll have to wait and see.

    If you are ordering 3 – you should have subscribed and saved $40!!

  8. thePhelps says

    John – it depends on what is happening with your order.

    Most moved to in process – and then the mint shipped the bags. Some of the very early orders also have had coins shipped.

    Mine went to in process – my bag shipped – the cancel option was gone until the shipping notice was sent – then it returned.

    Until they go to ship my coins again it will probably stay as it is.

    For those with orders on Friday – we probably won’t know what is going to happen until we get to the end of the shipping process for the 1st day. No one has said when the mint truly reached 50,000 coins. Some have speculated over night Thursday and I’ve seen some that say by noon on Friday. We also don’t know who has cancelled orders on their own freeing up stock – or any other numbers that would help. So far all we have heard is 11,000 more coins were ordered than the mint is going to produce, and that means there will be a lot of cancellations done by the mint.

    MikeD – your order is one that would not have me sitting comfortably assuming I have a coin in the process.

  9. longarm says

    I ordered 10 the first time and two the second. I should have had a subscription but I didn’t, I do now.

  10. Durk says

    Parsing the few clues provided on the terse Order Confirmation page: My order 4296#### for $5 HOFs (2 each PR & UNC) submitted around 12:02am Friday (yep, just after midnight) went from “on hold” to “in process” yesterday. Today my bag shipped (woohoo…) and the shipping date for UNC moved up from 7/17 to 4/24, though this seems to be a moving target.

    The only check box that has disappeared was next to the bag; best guess is this indicates all $5 will be shipped once minted, but I can still cancel/adjust this order. It’ll be Xmas in July!

    With yesterday’s report of the $1 already over 90% (as of Sunday), I put in an order for these as well this afternoon. Seeing 4/24 shipping date on all of these. Any experience on the reality of these dates?

  11. thePhelps says

    Durk… the put the dates in a blender and see what they look like after a few days. The dates have been a farce and don’t really tell you much. The only way they help is when comparing yours to others who are getting shipments – and seeing where you are in the queue.

    In one of the other threads there is a discussion right now – because all the dates that people had -just got shifted again.

  12. Brandon says

    I got mine in today, and I can’t believe the big whopping knicks to the left of George Washington’s face. It is so noticeable. Uhggg!!!

  13. longarm says

    The mint released the mintage today at 21,415 which could very well be full production for the Smoky. My order of 10 comes tomorrow but my order of 2 is still on backorder(but they shipped the bag), I bet I won’t get them though…..

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