The new America the Beautiful Silver Bullion Coins series will feature the designs of the circulating commemorative quarter dollars presented on five ounces of .999 fine silver. The first year of release will include the Mount Hood National Forest Silver Bullion Coin.
The United States Mint will make the coins available to their network of authorized purchasers starting on December 6, 2010. These bulk bullion purchasers will be able to buy the coins directly from the Mint based on the market price of silver plus a mark up. In turn, they will resell the coins to other bullion dealers, coin dealers, and the public. A total of 165,000 of the 5 oz. silver coins will be released, with 33,000 allocated to each design.
Collector versions with an uncirculated finish will be made available during the first quarter of 2011. These coins will have an overall limit of 135,000 coins for the 2010-dated coins, or 27,000 for each design.
The Mount Hood 5 Ounce Silver Coins will feature a view of Mount Hood with Lost Lake in the foreground. This image was used for the previously released quarter, and designed by Phebe Hemphill.
Specifications for the coin include a 3 inch diameter, 0.16 inch thickness, and incused edge letter "5.0 ounces .999 fine silver". The bullion versions will not carry a mint mark, similar to other US Mint bullion coins. The collector versions will include the "P" mint mark for Philadelphia.
Designer: John Flanagan (obverse), Phebe Hemphill (reverse)
Weight: 5.0 ounces
Composition: 99.9% silver
Diameter: 3.0 inches
Thickness: 0.16 inches
More Information: America the Beautiful Silver Bullion coins