Block Island Silver Uncirculated Coins

The final of five 2018-dated strikes in the US Mint’s America the Beautiful Five Ounce Uncirculated Coin Program will be the 2018 Block Island Silver Uncirculated Coin. This coin will honor Block Island National Wildlife Refuge of Rhode Island on its reverse and be struck from five ounces of .999 fine silver like other coins in the series.

The US Mint created this series of silver uncirculated coins as the numismatic versions of its 5 ounce bullion strikes known as the America the Beautiful Silver Bullion Coins™. As such, each will feature an obverse portrait of George Washington and a reverse design emblematic of a different site of national interest from around the United States and its territories.

This design criteria is actually taken from the America the Beautiful Quarters® Program, also produced by the US Mint. The quarters and the bullion coins were authorized together by Congress in Public Law 110-456 (America’s Beautiful National Parks Quarter Dollar Coin Act of 2008). These silver uncirculated coins were created by the Mint under the authority granted the Treasury Secretary in 31 U.S.C. §5111(a) (3).

Under that law, the Secretary of the Treasury is allowed to produce and sell items of numismatic interest.

2018 Block Island Silver Uncirculated Coin Values

The 2018 Block Island Silver Uncirculated Coins will only have a face value of twenty-five cents taken from the quarter dollars they are struck to resemble. However, of three values associated with the strike, this face value should be the smallest.

This series of coins is struck from five ounces of silver, as previously mentioned. This gives each strike an intrinsic melt value approximately equal to what five ounces of the precious metal would trade for on the open market. So, if it is going for $40 an ounce, these coins would have a melt value of about $200 – five ounces times $40 an ounce equals $200.

Finally, the highest value likely to be associated with the strike will be its numismatic value. This is the amount a collector would be willing to pay to obtain the coin and generally increases based on condition and rarity.

The Mint Prices, Values & Sales Figures page shows recent sales figures for the coin, once they have been issued by the Mint. Also shown will be melt values based on recent market activity.

Block Island Silver Uncirculated Coin Information

Shown on the obverse of the 2018 Block Island Silver Uncirculated Coin will be a portrait of George Washington, as previously mentioned. This image was created by John Flanagan for the 1932 circulating quarter dollar and has been in use on the quarters in one form or another ever since.

The reverse of the coin will feature a design emblematic of Block Island National Wildlife Refuge found in the state of Rhode Island. The final design should be unveiled by the US Mint late in 2017.

Coin Specifications