George Rogers Clark 5-oz. silver Uncirculated coin goes on sale December 5

The U.S. Mint will begin accepting orders for the 2017 America the Beautiful 5-ounce silver Uncirculated coin honoring George Rogers Clark National Historical Park (product code 17AN) on December 5 at noon Eastern Time (ET).

Hover to zoom.

The America the Beautiful 5-ounce silver Uncirculated coins replicate the designs featured on the Mint’s ATB quarters. This coin’s reverse depicts George Rogers Clark leading his men through the flooded plains approaching Fort Sackville. Inscriptions are GEORGE ROGERS CLARK, INDIANA, 2017, and E PLURIBUS UNUM.

The obverse (heads) design features the 1932 restored portrait of George Washington by John Flanagan.

Struck in .999 fine silver at the Philadelphia Mint, the coin is three inches in diameter and weighs 5 troy ounces. It is encapsulated and accompanied by a certificate of authenticity.

Pricing for this coin is set at $149.95. However, as with all Mint products containing precious metals, this price is subject to change.

Orders will be accepted at the Mint’s online catalog or at 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may order at 1-888-321-MINT. Visit us online for information about shipping options.

The current authorized mintage limit for both numismatic and bullion 2017 America the Beautiful 5-ounce silver coins for George Rogers Clark National Historical Park is 150,000 units.


About the United States Mint
The United States Mint was created by Congress in 1792 and became part of the Department of the Treasury in 1873. It is the Nation’s sole manufacturer of legal tender coinage and is responsible for producing circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces numismatic products, including Proof, Uncirculated, and commemorative coins; Congressional Gold Medals; and silver and gold bullion coins. Its numismatic programs are self-sustaining and operate at no cost to taxpayers. The Mint is celebrating its 225th anniversary in 2017 (#USMint225).

Press release courtesy of the United States Mint.

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Comments

  1. Erik H says

    OT, I didn’t know you can buy silver from APMEX through Walmart’s website

    https://www.walmart.com/ip/50-gram-Silver-Bar-PAMP-Suisse-Fortuna-In-Assay/845327589?wmlspartner=wlpa&selectedSellerId=1118&adid=22222222228119294525&wl0=&wl1=g&wl2=m&wl3=233671954680&wl4=pla-414410248444&wl5=9012149&wl6=&wl7=&wl8=&wl9=pla&wl10=118771194&wl11=online&wl12=845327589&wl13=&veh=sem

    The funny thing is that the same bar was cheaper on APMEX’s web page. I wonder how many Walmart shoppers buy their silver this way.

  2. JARHEADnFLORIDA says

    @Erik H, I believe the difference in pricing is shipping cost and that is only if you purchased that 1 bar.

  3. John Q. Coinage says

    No matter what direct from AMPEX would likely be a better deal, they now take BITCOIN for payment, wow @ $10k a coin now……wow maybe I’m wrong maybe not now with TV ads to invest your IRA in Bitcoins…..who kows they say they’ll go to $1M! Can you get bread @ the market with them,? Maybe in the future, can you get spot for silver @ the market for food, not now, maybe never as well… as to the burnished pucks I bought to many @ the $229+ price & am buried but for Volcanoes….. $149 is not ‘too bad” with the bullion @ 11o each, but when they fall <$100 the premium is too much to justify, get more silver 1 1/2 for the price of 1. My retail LCS said he has never had a customer come in looking for a burnished ATB……

  4. Sith says

    John Q. Coinage – Bitcoin is up 1K today…with the irony that PMs got smacked down as usual…argggg!

    Erik H – I actually called APMEX out on this, and why they gave better pricing (with free shipping) on E-bay, then their own customers. Their response was anyone that buys from them is their customer. I now check E-bay to confirm that APMEX is not selling a product cheaper there; Toys”R”Us does the same thing, as I got a toy just last week from them at E-bay for half the price of their own website. I read somewhere that companies use E-bay to increase market share, and to compete with other (cheaper?) vendors they must cut their price. You figure it out, but if you considered E-bay a marketplace, and not a competitor, the fees are just the cost of doing business on that market.

  5. Sith says

    I guess you could also consider Groupon along the same lines. You pay Groupon for the privilege of giving your customers a discount, but I guess it is even out because you only give it to those that are actually looking for it, and anyone who goes directly to your website pays full price. But if those customers realize everyone else got a discount, while they are the only fools to pay full price… Again not sure the how, and why this is being done.

  6. John Q. Coinage says

    So BITCOIn @ $11k wow….groupon is awful….. I just checked & BITCOIN fell after it hit $11k it lost $1,000! tulips baby!!!

  7. earthling says

    Has anyone put out a Crypto named” Enroncoin” yet? It just seems like a natural name for this type of investment.

  8. cagcrisp says

    Marvin Goodfriend has been nominated by Trump to be a Federal Reserve governor. In the Past Goodfriend has supported negative interest rates. Here is what he said at Jackson Hole in 2016 about negative interest rates “well worth it to provide better employment security and more secure lifetime savings.”

    The Departure from most economists is just how far he would go to address negative interest rate policy. In academic literature he has written that paper currency must float to allow negative interest rates to work.
    In other words he sees that it would be ok for a dollar to Not be redeemed for par ($1.00).

    …SO…with a floating dollar a dollar could only be redeemed for $.99 if you had a 1% negative interest rate…

  9. Daveinswfl says

    Negative interest rates are GUARANTEED if they are able to implement a cashless society!
    TOTAL government control of our lives is on its way. The people have no lobby, but the bankers are in complete control. What will it take for the people to revolt? Or they be led to slaughter like little sheep?
    JMHO

  10. cagcrisp says

    @datadave, “Do you think we will have negative interest rates in the US in the next 5 years?”

    Nope.

    I see an interest rate Hike in 2 weeks and then 2 more Hikes in 2018. Whether it happens or not depends on the wind down of the Fed’s balance sheet.

    That would be a Total of 7 rate Hikes since 2015…

  11. Buzz Killington says

    @daveinswfl

    The funny thing is, people thought they were voting for a revolt. Instead, it turns out they were voting for a plutocracy, but I don’t think the voters responsible really understand what has happened yet.

  12. Sith says

    @Buzz Killington- That is not true. The shock on some of the voters is palatable. Its just too bad things are spiraling down so fast, that you can’t even invoke schadenfreude. Still that does not stop me from saying the old “I told you so.”

  13. Buzz Killington says

    @Sith — I would be inclined to agree EXCEPT there is basically radio-silence on this debt-exploding tax proposal from the rank and file of what was formerly the party of fiscal responsibility.

  14. Sith says

    @cagcrisp – Interest rate hikes? You maybe right but I say dream on. We will not be able to afford the higher interest rates. As far as the balance sheet, it will not be winded down in my life time…well at least not outside of inflating it away, or defaulting. In order to wind down the balance sheet someone will have to buy their toxic waste of CDOs (mortgage-backed securities,) and Agency debt. “Even though the Fed is talking – a lot – about gradually reducing the balance sheet, it doesn’t have to and probably won’t sell any of the securities it has purchased. ” Greg McBride, chief financial analyst at Bankrate.com, sees the process ultimately lasting 15 or 20 years, with plenty of rests in between as the Fed goes back to asset purchases during economic downturns.” Then add the very real threat of war.

  15. Hidalgo says

    @Tom – silver prices have popped this morning.. As of this writing, the price is below $16.40 per ounce. Some analysts think the prices will go down further with time.

    Reason for today’s morning drop: US dollar has strengthened when compared to the international basket of currencies. May go down again with the threats from North Korea and a negative outcome from the vote on the US Tax Bill in Congress.

    If you can buy silver in the $15 price range ($15 – $15.99) that would be a good deal in the short term. Who knows what the price will be in the long run?

  16. Sith says

    @Buzz Killington – Yes that is true among the rank, and file, but the shock among “independent” voters is already palatable

  17. earthling says

    Doesn’t it seem like tulipcoin ( or was that bitcoin ?) is the ultimate in stability these days? An actual Coin struck in metal is so yesterday. Imaginary Coins are for real people.

  18. cagcrisp says

    USD is actually Down for the day (At least it’s been down all day to this point in time)…

    …SO…Don’t blame the Dollar for PM weakness…

  19. John Q. Coinage says

    You know the BITCOIN “mania” is out of control when they advertise for you to put your IRA into it!! A Ponzi ala Pyramid scheme, maybe the base, maybe the top…..you cna always @ least print out a paper pic of one, forget gold, silver, real estate, buy bit coins… nah I want guns, gold & grub for when the sheeet hits the fan & it will, or as someone said once, send Lawyers, guns & money…not bitcoin$!

  20. Tinto says

    And I read about Johnny come lately Bitcoin wannabes sprouting up .. left, right and center and now I read about an ETF?? Not into stocks beyond what I have with losses .. at least I can offset against income .. for now … but this Bitcoin thing seems to be in your face stuff .

  21. Sith says

    For all this negative talk about Bitcoin, it maybe safer long term than the dollar…Yes I know it sounds crazy, but not if you live in Zimbabwe, or Venezuela. I thought it was crazy when the first bitcoin transaction was a pizza for 10K Bitcoins. I heard of the million dollar lawn mower, (sold his Walmart shares to buy a riding lawn mower), but now we have the 100K pizza. Then again I remember people buying “magic items” for Ultima for thousands of dollars on E-bay, and for reference Mt GOX which was handling over 70% of all bitcoin transactions worldwide before it was hacked, stands for “Magic: The Gathering Online eXchange”… digital trading card, or BItcoin…what is the difference?

  22. earthling says

    It seems to me when all the “experts ” advise the commoners to buy something, that something has peaked and is about to fall off a cliff. Got to handoff to a bunch of suckers, after all. Then afterwards, a collapse is soon to follow.

  23. Larry says

    Misc. ramblings: The only way the government has been able to increase the debt to 20 trillion is with low interest rates. The interest paid on the debt is actually very low compared to the past.
    Last year the government paid 312 billion interest on 20 trillion debt. That is about 1.6%. If the interest rates ever went back to normal, say 4.5%, the interest on the debt would be 900 billion.
    Last year the government took in 3.2 billion. So the interest on the debt was about 9.75%. With a 4.5% interest rate, the interest would be 28.1% of the whole amount the government took in! That is not sustainable.

  24. Sith says

    Going over board here but as the threads is about Bitcoin, So in defense of Bitcoin, and don’t worry I will go back under my rock after this post.

    “…to the phenomenon of Bitcoin. Crypto-currencies, at least at present, have no leverage and are near impossible to purchase on credit. In other words, if asset bubbles get that way largely through leverage, and there is comparatively no leverage in Bitcoin,”

    “.At the risk of over simplifying… the Tulip trade became intertwined and inseparable from, art.”

    The supply of tulips isn’t fixed. Tulips can be farmed quickly, and that makes their supply responsive to prices….The supply of Bitcoins, by contrast, is fixed. Bitcoins can be mined, too, but their supply isn’t responsive to prices.

  25. John Q. Coinage says

    Sith IF youhave the $ & knowledge & electricity you can mine bitcoins, whatever that means, I am a luddite when it comes to such. BITCOINS are digital virtual $, not even on paper, who knows but seems as they are being touted alot likely ready for some correction, the paypal @ mint is new, but you need to register & provide them a credit card, how does that make paypal attractive it’s to keep your credit card info off the web! In any case I did get a personalized response from the USM within 2 hours of asking & complaining about having to have an account to use paypal, they said it was implemented by the catalogue division! hu in any case they invite me to call & discuss it.. wow bidness must be slow~~~

  26. Tinto says

    I remember some one posting about how they used an auction company to sell a lot of their coins but can’t remember the poster or the auction company. When I read about it, I thought it was ideal for someone like me who has only very few coins of value (over 1k) and the rest made up of moderns and currency. The poster said that the auction company even took over the task of getting the coins graded. Can any one remember whether it was Legend or Great Collections or a different company altogether? I want to get sell my accumulation within a year hopefully but it is quite disorganized especially the currency … I have been too attached I think but it will only be harder the longer I put it off .. and i hear the big coin auction houses have increased their buyer’s premium to 20% (ouch) …

  27. Sith says

    John Q. Coinage- I personally know people who mined Bitcoins. Mining for bitcoins is basically allowing the network\Bitcoin to use your computing power to confirm\make transactions They bought specialized computers, because who ever completes the transaction first gets paid in “mined” bitcoins. It is to my understanding that those older specialized computers are now obsolete, and you need newer specialized computers.

  28. Dustyroads says

    Nice, I love using PayPal. That is when i’m Not in a rush.
    Yeah, no need to be concerned about the USM taking BTC as payment any time soon. You can always buy all the gold you need through another US distributor though. That has become much easier lately.

  29. KCSO says

    Wall Street Journal full article –

    U.S. Mint’s Gold and Silver Coins Turn to Lead for Some Retirement Investors

    The government sells gold-coin proofs at a 25% markup over per-ounce gold prices; ‘it’s sort of like buying a car and driving it off the parking lot’

    By Michael Rothfeld
    Nov. 26, 2017 1:18 p.m. ET
    166 COMMENTS

    The U.S. Mint makes a pretty penny selling gold and silver coins. But there are two sides to the deal, which some investors are calling highway robbery.

    After years of making pennies and nickels that cost more to produce than they are worth, the Treasury Department is making a mint off a line of pricey American Eagle coins in what is known as proof condition—sheathed in plastic and never touched by human hands. Last year, sales totaled $112 million.

    The government currently is selling the gold-coin proofs at a 25% markup over per-ounce gold prices, a premium that can run as high as $360 per coin. The silver coins carry a more than 200% premium over market silver prices.

    That might be well worth it for coin collectors and hoarders—or for stashing in a post-apocalypse bunker along with the guns and freeze-dried macaroni. But some unhappy investors have deposited them into retirement accounts, where the shiny gold and silver coins have performed like lead sinkers.

    Paul Rumage, a 64-year-old retired software engineer from Michigan, said he was looking for a haven from stocks for his individual retirement account in 2013. A private dealer persuaded him to buy 45 four-coin sets of American Eagle gold proofs, and 979 ounces of silver Eagle proofs, records show.

    The 1,135-coin treasure of gold and silver cost him $308,000, which included a 6% commission for the broker. Less than a month later, his IRA statement valued the coins at $212,000.

    “I knew something was wrong,” Mr. Rumage said.

    After filing a lawsuit against the dealer and broker, he sold the coins back at a loss. He since has given up on gold and instead bought land in Arkansas.

    The government’s proof sales amount to a heads-I-win-tails-you-lose deal, according to George Cooper of USAGold, a Denver investment firm. He said he won’t sell the proof coins without reciting an extensive disclaimer.

    Marvin E. Johnson, 61, of Kanawha, Iowa, said American Bullion Inc. sold him 930 American Eagle silver proof coins for his retirement account. He paid the equivalent of nearly 2 1/2 times the market price of silver. Then he sued when he saw his investment drop like a rock.

    “He bought them at a premium where I don’t think he’d ever make a profit,” said Thomas Reavely, Mr. Johnson’s lawyer and coin collector.

    Mr. Johnson and American Bullion later settled the coin dispute confidentially. Orkan Ozkan, American Bullion’s chief executive, said it wasn’t the company’s fault. Mr. Johnson, he said, paid the going rate: “We buy it high, mark it up and sell it high.”

    Then he pointed a finger at the government. “Maybe you should ask that question of the Mint: Why are you charging so much for these coins?” he said.

    The U.S. Mint does operate a bit like a coin dealer. Salespeople answer phones. An online store, with a pop-up chat window, adorns the website. Customers can sign up to have annual proof sets charged to their credit cards.

    Mint profits on gold Eagle proofs hit nearly 18% last year. Net profits on the Silver Eagle proofs were even better, reaching about 41% last year.

    The Mint transfers its profits to the Treasury’s General Fund. “We are not in it to make money,” said Kristie McNally, the Mint’s chief financial officer.

    Mint officials said they pitch proof coinage as collector’s items, not investments. But Congress kept the door open to putting the coins into retirement account investments a few years after banning other collectible items in 1981.

    Before the ban, said Ken Swab, former counsel for a House subcommittee on consumer affairs and coinage, investors could keep Persian rugs in their living rooms and IRA accounts.

    “It was perfect,” he said. “You could walk on your tax deduction every day.”

    Lawmakers allowed American Eagle proofs as an exception to the rule, making them a favorite for coin dealers pitching a “Gold IRA” to retirees.

    Balint Mezei, a self-employed contractor, said he bought about $50,000 worth of U.S. proof coins around 2006 for his retirement account after being convinced by a coin dealer they would be safer from the government’s hands than regular bullion.

    Mr. Mezei said his account statement after the purchase valued the coins at $35,000. “I just wanted to diversify,” he said, calling the dealer’s 30% markup unfair. Gold prices rose, so he sold the coins last year for more than he paid, though he would have made more had he invested in regular gold bullion.

  30. KCSO says

    Mr. Mezei said his account statement after the purchase valued the coins at $35,000. “I just wanted to diversify,” he said, calling the dealer’s 30% markup unfair. Gold prices rose, so he sold the coins last year for more than he paid, though he would have made more had he invested in regular gold bullion.

    Most buyers are better off not expecting any profits from U.S. proof coinage, experts say. Some collectors say they get joy simply by possessing the coins.

    The American Eagle proof, a double-struck coin, has been described as the most beautiful coin ever made. Plus, “you get a certificate” and “a little leather box,” said Rick Boss of Ohio, a proof-coin collector and retired AT&T engineer. “You’re getting a piece of history.”

    Nonetheless, Jeffrey Christian, a precious-metals investment adviser, said he steers his clients away: “It’s sort of like buying a car and driving it off the parking lot. It will have an immediate depreciation.”

    Corrections & Amplifications
    Gold and silver proof coins sold by the U.S. Mint aren’t colored with a special dye. An earlier version of this article incorrectly stated a special dye was used. (Nov. 27, 2017)

  31. Tom says

    Thanks for the info Hidalgo. I’m holding for the moment. How many remember silver around 4 bucks and gold at 260.00?

  32. Sith says

    I just read this, yes I lied about not posting…Bitcoin Soars After CFTC Approves Futures Trading…Whether anyone is brave enough to put on a sizable short position remains to be seen. But anyone who wants to back up their “Bitcoin is a fraud” talk with dollars will soon have a place to express their viewpoint.

    @Tom – I remember $7, and $400

    @KCSO – Nice article…

  33. Tinto says

    @So Krates

    Thanks a lot, appreciate it! I’ll contact Great Collections about my coins/currency.

  34. Dustyroads says

    It just occurred to me that Paypal is one method offered by Coinbase to withdraw funds. So the USM is essentially now by way of Paypal excepting Bitcoin.

  35. Dustyroads says

    Well, they’re not excepting Bitcoin, but they are excepting money converted from Bitcoin.

  36. So Krates says

    Anyone collect or deal in 5 nines gold and have a feel for premiums on the .99999 CMLs? As in how much more than regular maples are they worth on the buy and sell side? They have 12 cents more gold and a $200 face value.

  37. So Krates says

    For all you crypto folks wondering whether to report your gains..

    “Cryptocurrency exchange Coinbase has been ordered to disclose details of more than 14,000 customers to the U.S. Internal Revenue Service (IRS).

    The dispute over user records has been ongoing since November 2016, with the IRS proposing a reduced summons in July this year – down from an initial 480,000 customer accounts requested.

    Back in July, Coinbase argued that the scope of the reduced summons remained too wide, labelling it a “fishing expedition.”

    As a result, some of the data required has also been reduced from the initial order, which included information such as wallet addresses and public keys.”

    From the Court:

    Coinbase is ORDERED to produce the following documents for accounts with at least the equivalent of $20,000 in any one transaction type (buy, sell, send, or receive) in any one year during the 2013 to 2015 period:

    (1) the taxpayer ID number,
    (2) name,
    (3) birth date,
    (3) address,
    (4) records of account activity including transaction logs or other records identifying the date, amount, and type of transaction (purchase/sale/exchange), the post transaction balance, and the names of counterparties to the transaction, and
    (5) all periodic statements of account or invoices (or the equivalent)

  38. John Q. Coinage says

    Sith, thanks I still don’t get the whole mining deal, reagrdless I used to write FORTRAN & COBAL way back in college inthe stone age, but tech has flown by me. I am a luddit, I have a flip phone & an 11 year old car…. Proof gold, I bought a ton when I got them for $65 for 1/10’s in early 2000’s….. the mint prices are ridiculous for proof aAGE & ASEs, even the pucks are 2x spot, which i not too bad- for he USM. But for the paranoid, the proof will likely never be subject to a seizure, cannot see the gov’t saying they are NOT ‘collector coins’, the request for BITCOIN tradrs ID is a crazy wrench, isn’t the purpose of BITCOIN$ to avoid ID’ing yourself…..and for those who invest in rare CD’s— Martin Shkreli might have to forfeit his one-of-a-kind Wu-Tang album “Once Upon a Time in Shaolin.”…boo hoo he needs to go to a pier in SF & look for an illegal guy dropping abag…..

  39. Jerry Diekmann says

    Buzz – there is silence from the party of fiscal responsibility because they know this tax bill will increase the deficit by at leastb$1.5 trillion. Their strategy is then to complain about the soaring deficit and say that Medicare and Medicaid have to be curtailed or eliminated. They know exactly what they are doing, and I hope they all go to hell for what they are doing to the American people. Congress does not represent the people – they work for, represent, and are paid for by the wealthy and the big corporations. Anyone who believes otherwise is just fooling themselves. It really is the end of our democracy, I’m afraid. Think about it – they are not holding any hearings and NO ONE in Congress knows what is in the tax bill, yet the Republican leaders are forcing a vote now, so they can quickly get Trump to sign it into law, and then they can say they did something, only what they did was terrible. And Trump is toast, and they won’t need him anymore after he signs this bill into law. And you can be sure that Trump knows nothing of what iu in this bill, and he doesn’t even care..

  40. earthling says

    He who has the Gold makes the rules. Long before our current puppet Trump came along, the rich have always been in power. Our “two party system” has always been just a show. Just a commercialized period of money grabbing. At least the old Soviet Union was honest, with their 1 candidate.

  41. Black River fox says

    I just ordered one of these 5 ounce coins. I hope this particular design looks better on the larger coin than it did on the regular size quarter. I know many people thought this design was great, but to me it just seemed like the Mint tried to cram too much detail into too small a space.

  42. CW says

    Jerry Diekmann pay your fair share. Most of us are sick of the last administration’s tax schemes.

  43. John Q. Coinage says

    I like the design, not really a national Park per se design but no bird @ least!! The “last administration” had no “tax scheme” please elaborate….? Also, NO indictments nor criminal charges, speical prosecutors, despite constant investigation & opposition from day 10 from the other party. The current POTUS` swampteam has 4 guilty pleas & a real “tax scheme”…..bait & switch my friend, “they” may hate taxes but as Ben F said they are inevitable……

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