Pictured Rocks Silver Bullion Coins

The 2018 Pictured Rocks Silver Bullion Coins will mark the first strikes to be released as part of the 2018 America the Beautiful Silver Bullion Coins™ Program. Coins in this series are each composed of five ounces of .999 fine silver with a diameter of three inches and feature reverse designs emblematic of selected sites of national interest. The reverse of this specific silver bullion coin will honor Pictured Rocks National Lakeshore found in the state of Michigan.

Actually, both the obverse and reverse design will be taken from another coin produced by the US Mint – the Pictured Rocks Quarter struck as part of the America the Beautiful Quarters® Program. This entire series of bullion coins are based on the associated quarters and will be issued on a schedule similar to those circulating strikes.

Both programs debuted in 2010 and feature five coins released annually per series. The programs are scheduled to end in 2021 when the last of fifty-six per series will be issued. At that time, one coin per program will have been struck honoring a specific site in each state as well as the District of Columbia and the five US territories.

The US Mint will strike these 2018 Silver Bullion Coins for investors as a means for them to add the precious metal to their portfolio with government guaranteed bullion pieces. Another series will also be minted for collectors known as the 2018 Silver Uncirculated Coins which will be sold directly to the public by the US Mint.

2018 Pictured Rocks Silver Coin Values

Struck to resemble the associated quarter dollar, each of these 2018 Pictured Rocks Silver Bullion Coins will only have a face value of twenty-five cents like those circulating quarters. That face value is small, however, compared to the strikes melt and numismatic values.

The US Mint creates each of these coins from five ounces of .999 fine silver giving them an intrinsic melt value approximately equal to that amount of the precious metal on the open market. Thus, if it is currently trading for $25 an ounce, these strikes will have a melt value of about $125 – five ounces times $25 an ounce equals $125.

Finally, many collectors will likely also be interested in owning these bullion coins and would also likely be willing to pay a premium above the coin’s melt value to obtain them. This is known as the strikes numismatic value and typically increases based on the perceived rarity and condition of the coin.

The Mint Prices, Values & Sales Figures Page will show current sales information for the strikes once released by the US Mint. Also shown will be a melt value for each coin based on recent market activity.

Pictured Rocks Silver Bullion Coin Information

Each 2018 Pictured Rocks Silver Bullion Coin will have a portrait of George Washington, first President of the Untied States, on its obverse. This image is actually found on the obverse of all of the America the Beautiful related coins and was created by John Flanagan originally for the 1932 circulating quarter dollar.

The reverse of the coin will be emblematic of Pictured Rocks National Lakeshore of Michigan. A final design for the strike should be unveiled by the Mint in late 2017 after it has been selected by the Treasury Secretary.

Pictured Rocks Silver Coin Specifications