One coin remains in the 2015 America the Beautiful 5-ounce silver
bullion coin program and already the year is the second highest in
terms of sales since the series began in 2010.
As of Nov. 17, the Mint had sold 167,000 of the first four 2015
coins. Sales for the 2015 Saratoga National Historic Park coin are set
to begin Nov. 30. By coin, 2015 sales total 35,000 of the Homestead
National Monument of America coins, 42,000 of the Kisatchie National
Forest coin, and 45,000 each for the Blue Ridge Parkway and Bombay
Hook National Wildlife Refuge coins. All four coins sold out.
The 2015 total is second only to the 465,100 5-ounce coins sold in
2011. That was the second year of the program and the first year in
which sales to authorized purchasers were conducted normally.
The Mint did not offer the five 2010 America the Beautiful 5-ounce
silver bullion coins to its authorized purchasers until December.
Sales were limited to 33,000 of each coin, well below mintages
previously announced by the Mint of 100,000 pieces per coin. The lower
mintages caught the authorized purchasers off guard and led to a
frenzy of speculation in the marketplace as sales approached.
Once sales began and even before the authorized purchasers took
delivery of the coins, the coins were being offered by sellers at
prices that were many multiples of their bullion value, prompting
complaints by collectors to the Mint of "price gouging." The
Mint in response suspended sales and delivery of the coins before
announcing restrictions on the authorized purchasers when sales were
resumed. The Mint required that the authorized purchasers sell the
coins only to the public and not to secondary market dealers, and
required them to sell the coins at a premium no higher than 10 percent
above the authorized purchasers' acquisition price.
Starting in 2011, sales of the America the Beautiful 5-ounce bullion
coins were conducted normally, with authorized purchasers permitted to
sell both to the public and secondary tier dealers.
Sales of the coins dropped off after 2011, totaling a program low of
113,800 coins in 2012, 160,000 pieces in 2013, and 136,000 coins in 2014.