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Friday, May 24, 2013

Perry's Victory 5 oz Silver Specimen Coin June Release Planned

The second 2013 America the Beautiful five ounce silver specimen coin will be released in June.  It honors the Perry's Victory and International Peace Memorial site in Ohio.  (The first 2013 five ounce silver specimen coin, honoring White Mountain National Forest, was released in May, and is now in stock for immediate shipping through Coins Jewelry & More at www.coinsjewelrymore.com .


These coins are the special numismatic version of the 5 oz. silver bullion coins from the United States Mint.  These are legal tender coins with a nominal face value of 25-cents.  Five designs are minted each year, as part of the America the Beautiful Quarters Program.
 

Both the ordinary bullion version and the numismatic specimen version are minted in five troy ounces of .999 fine silver.  The numismatic specimen version is easily distinguished from the ordinary bullion version by finish and mint mark.  Only the numismatic specimen version carries the “P” (Philadelphia) mint mark on the obverse (heads) side.  The numismatic coins present a beautiful uniform satin finish as a result of a special ‘vapor-blast’ process at the mint.


Both ordinary bullion and numismatic versions of the 5 oz. silver America the Beautiful coins have a place with investors.  The numismatic version benefits from the additional demand of coin collectors worldwide.  Prices for ordinary bullion coins track closely with the spot market for silver.  The numismatic version has, over the past three plus years, maintained value and increased in value based on global demand from collectors as well as investors.  We believe that the numismatic version is the better choice for almost everyone apart from institutional investors.

 
The total authorized mintage for the numismatic version of the Perry's Victory 5 oz. silver coins is 25,000 – however, in recent years, the actual mintage of these coins has consistently fallen short of the authorized mintage, by as much as eight to nine thousand coins.  The smaller mintages are contributing to increasing prices even as the spot price for silver has fallen.

 
Coins Jewelry & More will begin offering the new Perry's Victory numismatic coins in early June.  In addition, we have nearly all of the previous numismatic America the Beautiful 5 oz. silver coins from 2010 through 2013 available for our customers worldwide.
About the Perry's Victory America the Beautiful Coins
Perry’s Victory and International Peace Memorial site in Ohio was established to honor those who fought in the Battle of Lake Erie during the War of 1812 and to celebrate the long-lasting peace among Britain, Canada and the U.S.


The memorial, a Doric column rising 352 feet over Lake Erie, is situated five miles from the longest undefended border in the world. The memorial bears the name of Master Commandant Oliver Hazard Perry. Six naval officers (three American and three British) slain during the battle are buried under its rotunda. It was first established as a national site on March 3, 1919 (40 Stat. 1322).
 

The series features the 1932 portrait of George Washington by John Flanagan, restored to bring out subtle details and the beauty of the original model, on the obverse (heads). The reverse (tails) design depicts the statue of Master Commandant Oliver Hazard Perry with the Peace Memorial located in the distance. The memorial is one of the tallest of its kind in the U.S.
 

These striking numismatic collectibles are produced with an uncirculated finish and display a "P" mint mark for the United States Mint at Philadelphia, where they are struck. These coins are legal tender and have a nominal face value of 25 cents. Their fineness and weight are edge-incused on the coins. The coins are encapsulated, set in a protective outer box, and are accompanied by a Certificate of Authenticity. These coins are produced in limited quantities.
 

About the America the Beautiful Quarters Program
In 2010, the United States Mint began to issue 56 quarter-dollar coins featuring designs depicting national parks and other national sites as part of the United States Mint America the Beautiful Quarters® Program. 2013 marks the fourth year of the program and features the next 5 quarters.

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