Today, June 12, 2014 at 12:00 Noon ET, the United States Mint will begin sales of the Arches National Park Five Ounce Silver Uncirculated Coins. This will mark the twenty third release within the ongoing series of large sized silver numismatic coins.
The reverse of the coin, which was designed by Donna Weaver and engraved by Charles L. Vickers, features a depiction of Delicate Arch. This 65-foot freestanding natural arch is the most famous feature of Arches National Park and is a widely recognized landmark of Utah. The background of the image contains the La Sal Mountains. The inscriptions read “Arches”, “Utah”, “2014″, and “E Pluribus Unum”.
The obverse of each coin features the 1932 portrait of George Washington designed by John Flanagan with inscriptions “United States of America”, “Liberty”, “In God We Trust”, and “Quarter Dollar”. The coin carries the “P” mint mark to indicate mintage at the Philadelphia Mint.
Each coin is struck in 99.9% silver with a weight of 5.000 troy ounces. The precious metal weight and purity are indicated on incuse edge lettering. The diameter of each coin is 3.000 inches and the thickness is 0.165 inch.
This numismatic version of the coin has an uncirculated finish created through a vapor blasting technique and carries a maximum mintage of 30,000 pieces. Pricing is $154.95 per coin, wither orders fulfilled through the US Mint’s online subscription program eligible for the discounted price of $139.45 per coin. There are no household ordering limits in place.
The numismatic releases of the series for this year have been strong sellers. As of the latest sales report, the previous release featuring Shenandoah National Park has recorded sales of 22,878 units from the 30,000 maximum mintage since its release about a month ago. The first release of the year featuring Great Smoky Mountains National Park had sold out of its 25,000 maximum mintage, with last reported sales indicated as 24,725 units.
Earlier this week, the US Mint began accepting orders for the bullion version of the Arches National Park Five Ounce Silver Coin. These bullion piece have a brilliant finish and do not contain a mint mark. The coins are distributed through the US Mint’s authorized purchaser network and initially sold based on the market value of the silver plus a mark up. Orders for the bullion version have reached 13,500 pieces. The prior bullion releases have reached sales of 28,000 for Great Smoky and 19,600 for Shenandoah National Park.