America the Beautiful 5 oz silver coins - show your love

The US Mint has released the 5th and final America the Beautiful (ATB) 5 oz silver coin recently - Everglades National Park, one of America's largest and well known.

Bullion coin sales appear to be strong and it's still too early to tell on the collector "P" mint mark version because sales figures are not available yet.

Are you collecting this series? Do you have some coins from this series? Do you prefer the bullion or the collector version?

Finally, as most members probably already know, the US Mint has ceased it discounted subscription service. So while the bullion version of the ATB coins have seen their prices drop significantly with the big drops in the silver spot price, the collector version price has not dropped at all. In fact, with the loss of the subscription discount, those who subscribed are actually paying even more now for the collector coins.

It will be interesting to see how this may affect the total sales figures for the collector versions of the ATB coins.

Your thoughts....

 

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Thank you for sharing that...what grade did that gorgeous coin get?

 

I decided to collect the "P" puck from the beginning, so I'm in for Boom or Bust

 

Bravo...great pics McBlzr! Thanks for sharing.

Do you have favorites of the series yet? I am slowly trying to put together a collection of these unique US Mint coins. It's getting rather expensive to buy previous years. I remember when I first learned about these in like early 2013 (I still consider myself a newbie) on one coin forum I used to frequent, many members were ridiculing these beautiful coins. I never understood why.

Oh well, to each their own.

 

I got the bullion version of Mt Rushmore from APMEX.

 

I thought the same thing about the ridiculing. I decided that I wanted one and got one right away when the coin dealer near by said that he predicted they would rise in price(collectors value). Then....price of silver dropped again. I could have bought one for a lot cheaper. Oh well, I still really like it.

 

Click on picture to enlarge.

 

It seems to be stretching the definition of a coin beyond all reality to call these things 'coins'. They may be legal tender for 25c. and officially issued by a national mint, but they are just more NCLT puffery of the Franklin Mint collectable variety.

 

So you have an extremely narrow definition of a coin and believe that the only thing that is really a coin is a denominated piece of round metal no bigger than a silver dollar that has been in circulation?

 

By "final" you mean last for the year, right? Is the mint discontinuing the series in 2015, because I had not heard anything about that...

 

Well, yes. That's about it. It's what anyone would have understood a coin to be since the dawn of coins. Anything else is non circulating legal tender or medallions. Paying a grading service to nitpick over the production standards of brand new material simply compounds the madness. People in general may not be well versed in the 17th C Dutch tuilp mania, but Beanie Babies are a more recent horrible example of people taking froth for substance.

Everyone should read 'Extraordinary Popular Delusions and the Madness of Crowds' by Makay.

http://en.wikipedia.org/wiki/Extraordinary_Popular_Delusions_and_the_Madness_of_Crowds

It is of course, a given that the crowds, at the time, did not consider themselves in the least bit mad,and only in retrospect does it seem a wonder that so many were carried along with the enthusiasm.

 

except for a slight mania with the 2010 release due more to a botched job by the mint these coins seem to follow a "normal" path. some are up quite a bit, some flat and some gaining a few points over issue/spot price. that doesn't seem like a mania to me. the series seems to get a bit more attention year by year in a healthy way.

 

Bubbles seem to be perfectly reflective from the inside, it's from the outside that they wobble and shimmer and can be seen to pop eventually. Since is is usually your pocket money you are spending you'll just get a little damp, not soaked.

 

Coins v Tulips = Apples v Oranges. However, a good example is the crazy prices paid for high grade common coins. These Pucks on the other hand have low enough mintages to be true rarities.

I’ve collected the P Pucks from the beginning, but I’ll wait on the FL coin until the mint lowers the price. Opening sales are down about a third, so may not be long.

 

I have enjoyed every "puck" purchased from the US Mint since the first issue and plan to continue to do so until the series comes to an end.

 

Something that in the natural course of things just happened to be made in low numbers is a true rarity.

Merely making small numbers of modern NCLT is manipulating the gullibility of the market. They will continue churning out this type of thing in an ever increasing variety, as has been done wholesale since the 1960s, as long as there is a profit in it. They are false rarities. A longer view of these issues will show them to be just the Emperor's new clothes, a passing fad with no numismatic significance.



I'd not give you a Una and the Lion for a bucket of them.

 

I have to disagree with the price of the latest couple showing a rise in value. The Great Dunes graded SP70 had a hard time hitting $180 on eBay. That barely covered the cost of even dealer grading, shipping, etc. I think the latest Everglades will suffer the same fate or maybe even go for around $170 at SP70 but we shall see in the next few weeks when they start coming back from the TPGs. True, some of the ones in the past have shown a nice rise in value but I think the drop in silver has hurt those prices some. The true test will be if the sales figures for the P puck are very low due to the Mint dropping the 10% discount on them. Then it might be time to jump in and buy a few.

I love the vapor blasted P pucks. I am not a fan of the bullion pucks that are all shiny.

 

I have all 20 5 oz coins.........a few numis but mostly Bullion and I love all of them
I plan to have all 56 if Im around that long!! The last one I got for $106-for 5 oz that is a GREAT price.