Grand Canyon Silver Uncirculated Coins

The 2010 Grand Canyon National Park Silver Uncirculated Coins mark the fourth release in a new United States Mint series. The silver uncirculated coins contain a reverse design emblematic of the Grand Canyon National Park found in the state of Arizona.

Grand Canyon Silver Uncirculated Coins

Each is similar in design to those released under the America the Beautiful Silver Bullion Coin™ Program. For more information on the related strikes, see the Grand Canyon bullion coins. The uncirculated coins also includes five ounces of .999 fine silver like those bullion strikes.

The main difference in the series is that each coin is struck for collectors and will be of uncirculated quality. That typically results in an improved finish and heightened detail as compared to bullion coins. Also, as a numismatic product of the United States Mint, each will show the mintmark of ‘P’ indicating it was struck at the Mint’s facility in Philadelphia. The bullion version is also struck in Philadelphia but contains no mintmark.

Five America the Beautiful Five Ounce Uncirculated Coins will be produced by the Mint annually until the program is completed in 2021. Typically, numismatic products of the United States Mint would also be issued in the same year in which they are struck. However, likely owing to production difficulties relating to the series, these coins were not released by the US Mint until June 29, 2011.

The strikes sold for $279.95 and were extremely popular with collectors. However, a sell-out of the coins did not occur as fast as previous releases in the series as it took two months for the entire mintage of 27,000 to be ordered.

2010 Grand Canyon Silver Coin Values

The United States government considers the uncirculated coins legal tender, although they only have a face value of $.25. That face value is significantly lower, however, than both the coin’s intrinsic melt value and its numismatic value.

Each of the Grand Canyon Silver Uncirculated Coins will have a melt value roughly equal to the current market price of five ounces of silver, the amount that is within each. Their true value is what coin collectors will pay for them. This is known as numismatic value, which generally increases based on a coin’s condition and rarity. As the mintage on these uncirculated coins is relatively low, they will likely have an inherent rareness as compared to other modern silver coins.

Those featuring the best condition will be worth the most. This can be amplified if a coin has been slabbed and graded highly by a third party grading service. Those attaining the coveted "70" grade will realize the highest numismatic values.

Grand Canyon Silver Uncirculated Coin Information

Grand Canyon uncirculated coins feature a reverse design emblematic of the Grand Canyon National Park in Arizona. This park is probably one of the most recognized around the world owing to the massive size of the gorge which can reach depths of up to one mile and widths in excess of eighteen miles.

When initially available, the coins were sold directly by the United States Mint to the public for $279.95, signifying a significant premium over and above the cost of the precious metal contained within them. This is different than the related bullion coins which are sold through the Mint’s network of authorized purchasers but at a price containing a much smaller premium — the Mint sell them to AP’s for only $9.75 more than their silver value.

Only 27,000 of the Grand Canyon uncirculated coins were produced helping to lead them to a relatively quick sell-out. Future year’s releases in the series will likely take longer to achieve such a status, if they ever do.(See current year silver coins sales figures for the most recent information on sales.)

The obverse or heads side of all the America the Beautiful coins, including the uncirculated, the bullion and the circulating America the Beautiful Quarters®, contain an image of George Washington, the first President of the United States. The design was originally completed by John Flanagan for the 1932 circulating quarter dollar and has been used in one form or another on the quarter ever since.

A look at the granaries above the Nankoweap Delta near the Colorado River of the Grand Canyon is shown on the reverse or tails side of the uncirculated coins. It was designed and sculpted by Phebe Hemphill.

Grand Canyon Silver Coin Specifications