The United States Mint began accepting orders for the Olympic National Park America the Beautiful Silver Bullion Coin on May 23, 2011. As with other bullion offerings, these coins could only be ordered by the Mint’s network of authorized purchasers, who would in turn resell the coins to other bullion dealers, coin dealers, and the broader market.
On the first day of availability, AP’s placed orders for 60,700 of the coins, accounting for 303,500 troy ounces of silver bullion. The US Mint had previously indicated an initial quantity of 126,700 coins available for this design.
The Olympic National Park design features a Roosevelt elk stepping onto a gravel bar of the Hoh River, with Mount Olympus visible in the background, as designed by Susan Gamble. The obverse features a portrait of George Washington designed by John Flanagan.
This is the third of five designs to be released by the United States Mint this year. The previous two designs featuring Gettysburg National Military Park and Glacier National Park sold out of their initial quantities of 126,700 coins available. These coins are now available from many bullion dealers and coin dealers, generally at prices based on the market price of silver plus a mark up.
The subsequent two designs will feature Vicksburg National Military Park and Chickasaw National Recreation Area. Release dates for these coins have not yet been announced, however the Mint has indicated that they aim to have an initial quantity available of at least 126,700 coins for each design.
The America the Beautiful Silver Bullion Coins feature the same designs as the America the Beautiful Quarters.