The 2011 Olympic National Park Silver Uncirculated Coins from the US Mint are the third of five releases of the 2011-dated America the Beautiful Five Ounce Silver Uncirculated Coins. Contained on the reverse of this silver uncirculated coin is a design emblematic of Olympic National Park found in the state of Washington. The US Mint indicates a release date of Tuesday, November 29, 2011 for the Olympic Silver Uncirculated Coins .
These silver uncirculated coins are created for collectors but feature specifications similar to the Olympic Silver Bullion Coin created under the US Mint’s America the Beautiful Silver Bullion Coin™ Program. As such, each features a diameter of three inches and has a composition of five ounces of .999 fine silver.
However, whereas the bullion coins are intended for investors, the silver uncirculated coins are created for collectors. To this end, the US Mint strikes each with a special finish and takes extra care during their production. Also, as a numismatic piece, the US Mint includes a mintmark of ‘P’ indicating they were struck at the US Mint’s facility in Philadelphia. The bullion strikes are also produced in Philadelphia but contain no mintmark.
2011 Olympic Silver Uncirculated Coin Values
Olympic Silver Uncirculated Coins have three vastly different values associated with them. The first and lowest will be the face value as each are struck as legal tender of the United States with a face value of only $.25. This face value corresponds to the circulating quarter dollar upon which these coins are based.
The second is an intrinsic melt value which is linked to the five ounces of silver that each contains. Accordingly, each has a melt value approximately equal to the current market price of those five ounces of the precious metal.
Third, and the highest worth for the coin is its numismatic value. This is the value that the coin is worth to other collectors based on its condition and rarity. It is the price buyers can expect to pay the end. Those coins with a higher condition will be worth more than those in poor quality. Also, the silver uncirculated coins graded highly by a third party grading service will command a premium above those ungraded.
Olympic Silver Uncirculated Coin Information
Featured on the Olympic Silver Uncirculated Coin reverse is a design emblematic of Olympic National Park found in the state of Washington. Chosen for the design is an iconic Roosevelt Elk standing on a gravel bar of the Hoh River with Mount Olympus in the background. Olympic was first designated as Mount Olympus National Monument in 1909 but attained its current national park status on June 29, 1938. The design was completed by AIP Master Designer Susan Gamble and sculpted by United States Mint Sculptor-Engraver Michael Gaudioso.
Current sales numbers for coins in this series will be shown on the silver coins sales page. That same page also offers melt values based on recent market prices.
George Washington, the first President of the United States, is shown on the obverse of all of the America the Beautiful coins. This image of Washington was first used on the 1932 circulating quarter dollar and was completed by John Flanagan.
|Composition:||999 Fine Silver|
|Minting Facility:||Philadelphia (P)|
|Obverse Design:||Portrait of George Washington|
|Obverse Designer:||John Flanagan|
|Reverse Design:||Roosevelt Elk with Mount Olympus in the background|
|Reverse Designer:||Susan Gamble / Michael Gaudioso|