Hot Springs Silver Uncirculated Coins

The 2010 Hot Springs National Park Silver Uncirculated Coins are the inaugural strikes of a new series of silver uncirculated coins issued by the United States Mint for collectors.

Hot Springs Silver Coin

Hot Springs Silver Uncirculated Coin

Each Hot Springs Silver Uncirculated Coin is struck from five ounces of .999 fine silver like other coins of the series. As the name suggests, they are an uncirculated version of similar investment-grade coins also from the US Mint. Check out the Hot Springs bullion coins for more information on those. Both honor Hot Springs National Park, located in the state of Arkansas.

Each of the uncirculated coins are part of the America the Beautiful Five Ounce Uncirculated Coin series announced by the US Mint in late 2010. They are collector versions of the America the Beautiful Silver Bullion Coin™ Program which debuted in December 10, 2010. They feature an uncirculated finish and contain a ‘P’ mintmark indicating they were struck at the US Mint’s facility in Philadelphia. The bullion coins were also struck in Philadelphia but contain no mintmark.

The United States Mint struck these coins late in 2010 with an extremely limited mintage of only 27,000. The Mint apparently had insufficient time to strike more before the end of the year owing to initial production difficulties with both America the Beautiful Five Ounce Coin series.

This forced the Mint to only release these Hot Springs Coins the following year on April 28, 2011. Demand was intense in the first hours of availability with collectors ordering 19,000 of them in the first nine hours. Within two weeks, the Mint indicated a sell-out of the limited mintage strikes. Each coin sold for $279.95.

Values for Hot Springs Silver Uncirculated Coins

The Hot Springs Silver Uncirculated Coins include five ounces of silver. As such, each will always have an intrinsic melt value equal to the current market price of five ounces of the precious metal.

However, as uncirculated coins are collector grade, their true value will be to other collectors. This is known as a coin’s numismatic value, which typically increases based on the coin’s condition and rarity. The United States Mint produced only 27,000, which is more likely to result in higher values.

For the uncirculated coins that have been slabbed and graded by an independent grading service, the values can escalate even higher. This is especially true for those that attain the highest grades approaching mint state condition.


 

Hot Springs Silver Uncirculated Coin Information

Hot Springs Silver Uncirculated Coins features a reverse design emblematic of Hot Springs National Park, which is located in the state of Arkansas. This national park has the distinction of being the first land set aside for protection by the federal government.

The uncirculated coins were initially be sold by the United States Mint. This is different than the related bullion coins which are sold through the US Mint’s network of authorized purchasers. However, the uncirculated premiums were significantly higher than those initially placed on the bullion strikes which the Mint marks up by only $9.75.

As mentioned, a maximum mintage of 27,000 was set for each of the 2010 uncirculated coins which led to a quick sell-out of these Hot Springs Silver Coins(See current year silver coins sales figures for the most recent information on the sales level of current releases.)

All of the America the Beautiful Coins (including these uncirculated coins, the bullion coins and the circulating America the Beautiful Quarters) features a portrait or George Washington on their obverse. It is the same portrait that was originally designed by John Flanagan and was first used on the circulating 1932 quarter.

The reverse features the Hot Springs National Park headquarters building is shown with a thermal fountain in front of it. The design was completed by Don Everhart and sculpted by Joseph Menna.

Hot Springs Silver Coin Specifications

Face Value: $.25
Composition: 999 Fine Silver
Mintage Cap: 27,000 Maximum
Diameter: 3.0 Inches
Weight 5.0 Ounces
Edge: Incused Lettering
Minting Facility: Philadelphia (P)
Obverse Design: Portrait of George Washington
Obverse Designer: John Flanagan
Reverse Design: Park headquarters building and fountain
Reverse Designer: Don Everhart / Joseph Menna

 

 

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