Today, Sept. 7, the United States Mint released the 2017-P Ellis Island Five Ounce Silver Uncirculated Coin.
Each piece is composed of 5 ounces of 99.9% pure silver to a diameter of 3 inches. The coin is issued as part of the U.S. Mint’s America the Beautiful Five Ounce Silver Uncirculated Coin™ series.
Ellis Island coins feature a reverse (tails side) design emblematic of the New Jersey portion of the island (www.nps.gov/elis/). This site served as the processing center for millions of immigrants making their way to the United States.
Coin Designs
United States Mint Artistic Infusion Program (AIP) Designer Barbara Fox designed the image found on coin’s reverse. It depicts a scene from Ellis Island’s past showing a family heading to the processing center. The site’s iconic hospital building appears in the background. U.S. Mint Sculptor-Engraver Phebe Hemphill was charged with sculpting the design.
Of note, if the design looks familiar that is because it also appears on the related Ellis Island quarter. The 25-cent piece launched into circulation last week and is available in U.S. Mint rolls and bags, plus other collector products. (See photos of the quarter.)
The obverse (heads side) image is also a familiar one as it is the same portrait of George Washington that graces quarter dollars. The effigy by John Flanagan has seen some minor variations over the years but it has appeared on quarters since 1932.
A ‘P’ mintmark indicates the coin’s production at the U.S. Mint facility in Philadelphia.
Additional specifications for the five ounce coin are inscribed on the edge of each coin with "999 FINE SILVER 5.0 OUNCE."
Ordering
The 2017-P Ellis Island Five Ounce Silver Uncirculated Coin is available from this U.S. Mint product page or by calling 1-800-USA-MINT (872-6468). Mintage limit is 25,000. Current pricing of the coin is $149.95.
Series Background and Bullion Edition
America the Beautiful Five Ounce Silver Uncirculated Coins debuted with five 2010-dated strikes and are issued as collector-grade versions of the U.S. Mint’s five ounce bullion series. These programs are based on the related quarter program which celebrates five different sites of national interest each year.
Similar to the uncirculated coin, the U.S. Mint struck counterpart Ozark Riverways bullion coins. They are produced for investors, sold through the Mint’s network of authorized purchasers, and are available from coin and precious metal dealers for a premium above their melt value.
These bullion pieces are produced to a brilliant finish at the Philadelphia Mint but they lack mintmarks. The Ellis Island bullion coin launched Sept. 28. The Mint made 40,000 and all were ordered within a week.
These are 99.93% fine silver & are the Vapor Blast version with “P” Mint mark. The bullion version without Mint mark is also an Uncirculated coin but doesn’t have a Mint mark, doesn’t come in a presentation box with hard plastic capsule & doesn’t come with a COA & are packed in plastic tubes of 10 coins all touching on each other during shipment (therefore there is no such thing as a true MS-70 bullion version since they all have abrasions on them (it is a grading company scam!!) MS-70 coins are not supposed to have any scratches or marks… Read more »
The bullion version of the Ellis Island 5-ounce silver ATB coin sold out on August 31 & the Mint will not be producing any more. All of the 2017 5- ounce bullion version “pucks” have sold out. The Mint still has some of the 2016 Harper’s Ferry bullion version “pucks” available to the Mint’s bullion coin Authorized Purchasers. A new 2017 5-ounce silver coin does not come out till November!
-NumisDudeTx
@Seth Riesling How true about grading company scam! I don’t know if anyone has ever really counted how many labels have been concocted by them (including those specific/customized for some large quantity buyers) to lure folks in .. and of course the First Strike/Early Release/First Day of Issue/similar stuff where it is now commanding a premium over a coin without it (from same TPG) , though it has the same grade .. wouldn’t be surprising if this got started with big dealers’ shills paying more at the onset of these labels to start the ball rolling ….. and now folks/flippers… Read more »
Tinto – You got it right man! An outright scam is what “special” labels are. The worse thing is that the TPGs list each label separately in it’s census report, instead of listing for example all MS-69 2017 ASE $1 coins as a total figure, you have to know what labels we’re offered & look up each one & then add them up yourself for a real census total figure. This situation makes it look like some coins with a pretty picture on the label, but grade the same, are “rare”. The TPGs do everything they can to confuse the… Read more »
Seth & Tinto great marketing & $$$ milking from the special label boys, I see it like sode, you have coke, diet coke, decafe coke, decafe diet coke, decafe low sugar coke, stevia coke, classic cloke, new coke, etc, eating up shelf space, as with PCGS labels like Chumlee fingerprint on Morgan $1 label, etc. “70” Bullion pucks seems a little scammy, rim nicks, etc. @ minimum usually……
I am looking for some information regarding the 2016 West Point Mint Silver Eagle from the 2016 “Congratulations” set. HSN is selling a 2016-W Silver Eagle “Congratulations” set coin graded PR70 DCAM by ANACS for $1999.95. They claim that the full production for this special congratulations set silver eagle is only 5966. I recognize that HSN is typically over priced, however, can anyone tell me 1) if the production number is accurate and 2) how much this 2016 W Mint Congratulations set coin is really worth in today’s collector market as graded PR70 by any of the major coin grading… Read more »
Robert – The 2016 Congratulations Set had the same 2016-W Proof ASE $1 coin that was sold separately. It is not a “special” coin & trades with reputable dealers for like $100 or less in Proof-70. The “set” had sales of nearly 6,000 & obviously was not a popular product since it has only a regular coin that is still available separately in it. Mezack is playing up the “low” sales figure on this set to make it sound special, when it is really a very common coin. He never mentions that the coin was sold separately & there are… Read more »
even if it was a 2017 S proof 70 Silver Eagle with a mintage of 75,000 from the Congratulations Set, it would be foolish to pay $1,999.95 . If all 75,000 were all graded by all the certified grading company,s & maybe 1000 were graded ultra deep cameo proof 70 i could sea paying something like that. Mike is a expert minipulater . He is good to learn from.
Robert, pass, $2k! License to Steal he has……the paper holder is Ltd. to 6k sets…collect holders?