2010 – 5 Ounce Quarters Available December 06, 2010

Posted on December 2, 2010 by


December 09, 2010

 Earlier this week the Mint stopped taking orders from their Authorized Bullion Dealers due to the high pricing of the coins in the secondary market.

The coins are intended to be sold close to their bullion silver value. However, in the secondary market the coins were selling at large premiums over the spot price of silver. Many collectors called the U.S. Mint to report the high markups, and so far, the Mint has decided to halt all sales until further notice.


Posted on December 2, 2010

The 5 Ounce America the Beautiful Quarters went on sale on Monday December 06, 2010.

To everyone’s surprise, the mintages have been lowered considerably. Initially, the Mint set the 2010 – 5 Ounce Quarter mintages at 100,000 for each design. Now, the new mintages are set at 33,000 for each design.

The coins have a lot going for them. First, they are the largest coins ever struck by the U.S. Mint (see image for size comparison next to a Dime). They hold more silver than any other U.S. coin. They are a one time limited design and not to mention, they now have very low mintages.

25c 2010

The 2010 – 5 ounce America the Beautiful Quarters will only be available to U.S. Mint Authorized Bullion Dealers for a small premium over the spot price of silver.  Since the Mint Authorized Bullion Dealers will buy the coins to resell, no one really knows what the markup will be in the secondary market.

Already, there have been numerous pre sales online at  over $300 a coin. Will the price hold or go even higher? To Answer click on “COMMENTS” above this post.

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Comments (6)


  1. With a mintage limit of 33,000 per coin, there is no
    question that this coin series will sell out quickly.

    Moreover, it is also likely that there may be a considerable markup in the secondary market, at least initially, owing to the desire of collectors everywhere to own something that is both rare and unusual.

    Having said this, however, I find it hard to believe that demand for these new 5 oz. Coins from the U.S. Mint will remain high for very long.

    Firstly, the coins aren’t really all that innovative; other countries have been minting (somewhat thicker) 5 oz. silver coins for decades, so the U.S. Mint is merely late to the game.

    Secondly, aside from the large size, and edge stamp, these coins do not offer coin collectors anything new that they haven’t seen before; they are simply oversized reproductions of coins which are already in mass circulation.

    Thirdly and most importantly, the mandated face value of these coins- 25 cents- does nothing to inspire confidence in their actual value as monetary instruments, and completely negates any possibility of these coins ever comparing favorably to the $1, One Ounce Silver Eagle in the eyes of serious collectors.

    Going forward, the Mint has used this opportunity to learn some new minting techniques, which may prove valuable in the design and production of future great products. I just don’t feel that this State Quarter series is going to be one of them.

  2. Chris says:

    Mint has already put a hold on the sale of these due to thousands of compaints about “excessive price gouging” by the so called Authorized Purchasers”. Saw several auctions on eBay where these were being offered ona “pre-sale” basis at $495 each.

    Congress really put the Mint in a difficult position on this one. Order a $2 million dollar press, install it, get it running properly, obtain odd-ball sized coin blanks, implement a coin design as defined by politicians and produce them “in sufficient quantities to satisfy demand”. Not going to happen. You can’t stop the market. Speculators will be all over these things (sigh). Too bad.

  3. Michael says:

    The mint accepted orders from authorized bullion dealers starting on Monday, but later Monday evening announced they were delaying again. You can contact the authorized dealers to confirm.

  4. Tony says:

    The prices of these coins will go higher and once collector’s see how “Cool” these coins look in the new PCGS holders with what amounts to the ultimate MS70 grade……Lookout the upside could be HUGE !!!

    I also think that it would have been a great idea to have PCGS have a contest of some sort to give away one of each of the 5 coins. The contest could maybe be set up in a way where anyone who renews there PCGS membership would be given a chance in a drawing to win one of the five National Park coins by conveying which National Park coin they select to have there chance to get. As an example I live in Arizona, so I renew my membership and I select to have my chance to win a coin for the Grand Canyon and then at random at the cutoff date for the renewals, the drawing is held and the person that is the winner of the drawing is provided with the prize of their new National Park coin graded in a PCGS holder (Preferably with “First Strike” designation). Just my 2 cents worth.

  5. Jon says:

    The Mint must realize that in halting sales they are creating scarcity, and thus the prices are not going to get any cheaper any time soon…

  6. Michael says:

    From what I have seen, the authorized distributors are holding onto the coins and not responding to inquiries — waiting on prices to rise or figuring out how to charge the highest price while still remaining in compliance with the new guidelines? I thought distributors were supposed to distribute. As usual with anything related to the Mint, it is the citizens that pay through the nose.

    I saw the Home Shopping Network offering them for $5,000 a set yesterday evening (January 5th). They said they had 210 sets. This system is working out great for the middle men.

    I called the Mint and was told to call (202) 354-7500 if I had a complaint. I was told this was the office in charge of bullion coins. There was a recording, but you can leave a message.

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