The America the Beautiful Silver Bullion Coin™ Program will be in its third year with the release of the 2012 America the Beautiful 5 Ounce Silver Bullion Coins. Each 2012 coin will contain five ounces of .999 fine silver with current law requiring their diameter to be three inches.
These bullion coins will feature obverse and reverse imagery identical to that found on the US Mint’s circulating America the Beautiful Quarters™ Program.
The obverse will contain a portrait of George Washington, the first President of the United States, while the reverse will showcase a design emblematic of the honored location. (Proposed reverse designs of the 2012 America the Beautiful coins are shown above.)
Locations for all fifty-six coins to be struck under the program have already been announced by the US Mint with one site of national interest chosen from each state, the District of Columbia and the U.S. territories. Some information on each of the 2012 America the Beautiful 5 Ounce Silver Bullion Coins is shown below. Additional details for each may be found by following the provided links.
2012 El Yunque 5 Ounce Silver Bullion Coins
Honoring one of the oldest reserves in the Western Hemisphere will be the El Yunque Silver Coin representing the national forest of the same name located in the United States territory of Puerto Rico. It will be the first America the Beautiful Silver Bullion Coins issued in 2012 and will mark the eleventh for the program overall.
The land currently a part of El Yunque was reserved by King Alfonso XII of spain in 1876 when Puerto Rico was still a colony of that country. It has remained under government protection since then and is the only tropical rain forest in the national forest system of the United States.
2012 Chaco Culture 5 Ounce Silver Bullion Coins
Appearing as the second issue in 2012 will be the Chaco Culture Silver Coin.
These coins honor the Chaco Culture National Historical Park which is located in the state of New Mexico.
The park preserves the finest concentration of ancient pueblos in the United States.
Each of the structures found in the park were constructed around a thousand years ago with several of them being the largest buildings in North America until as recent as a few hundred years ago.
2012 Acadia 5 Ounce Silver Bullion Coins
The third 2012 release of the program will be Acadia Silver Coins which honor the Acadia National Park found in the state of Maine.
The park was originally established in 1919 as the Lafayette National Park and had the distinction of being the first national park east of the Mississippi.
Consisting of over 47,000 acres today, much of the infrastructure of the park is owed to wealthy philanthropist John D. Rockefeller, Jr. who funded 50-plus miles of carriage trails along with granite bridges and even two gate lodges. Rockefeller even provided substantial assistance to rebuild portions of the park after fire destroyed much of it it in 1947.
2012 Hawaii Volcanoes 5 Ounce Silver Bullion Coins
The Hawaii Volcanoes Silver Coins will be the fourth release of in the series to appear from the US Mint in 2012. It honors the Hawaii Volcanoes National Park which is located on the big island of the state of Hawaii.
Established on August 1, 1916, the national park today encompasses over 500 square miles. Found within the park’s boundaries are a wide variety of features including many of which are thermal and related to the Kīlauea and Mauna Loa volcanoes located there.
2012 Denali 5 Ounce Silver Bullion Coins
Honoring Denali National Park, which is located in the state of Alaska, will be the Denali Silver Coins. These coins will mark the final releases of the program to appear in 2012.
Denali consists of over six million acres and was originally established on February 26, 1917 as Mount McKinley National Park. The name is a source of some contention, however, as local native Americans have called the massive mountain in the park "Denali" for centuries before it was re-dubbed "McKinley" in 1897.
Additional information on this series of coins can be found on a site dedicated to the program by clicking on 5 oz bullion coins.
Bullion coins like these are not sold directly to the public by the US Mint. Instead, the Mint uses a network of authorized purchasers which obtains the coins in bulk from the Mint, only to resell them in smaller quantities for a small premium above the current spot price of the silver contained within them. That premium includes charges covering minting, distribution, and marketing costs and is added to the sale of each coin.
Five of the America the Beautiful 5 oz Silver Bullion Coins will be issued annually until it is completed in 2021. The program may be extended, however, if the Treasury Secretary makes that decision within the time allotted by the authorizing legislation.