The United States Mint has recently provided information on the initial release of the 2013 America the Beautiful 5 oz. Silver Bullion Coins. The available supply of the first design for the year will be distributed through the Mint’s allocation process which rations available supplies amongst authorized purchasers.
The oversized silver bullion series launched in late 2010 and has featured the designs of the America the Beautiful Quarters struck in 5 troy ounces of 99.9% silver. Now in its fourth year, the series will feature designs representing White Mountain National Forest, Perry’s Victory and International Peace Memorial, Great Basin National Park, Fort McHenry National Monument, and Mount Rushmore National Memorial.
Next week on Monday, May 13, the Mint will allocate the initial release for the coins featuring the White Mountain National Forest design. The coins will be distributed to authorized purchasers using the Mint’s standard allocation process. In periods when demand exceeds the available supply, the Mint has used the process to ration coins amongst their primary distributors.
The Mint’s other more popular silver bullion coin offering, the American Silver Eagle, has been subject to allocation since late January amidst a surge in demand. During periods of allocation, premiums are typically higher for retail buyers.
The US Mint has not provided any indication of the planned production levels for the 2013 America the Beautiful 5 oz. Silver Bullion Coins. The 2012 designs had production levels ranging from 20,000 to 25,400, which was considerably lower than previous years.