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.
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.
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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