The Ellis Island National Monument Silver Bullion Coin will be struck by the US Mint to resemble the Ellis Island Quarter. This will include a reverse design emblematic of Ellis Island National Monument found in the state of New Jersey. At the time of this posting, a release date for the coin was not known.
This coin is struck as part of the US Mint’s America the Beautiful Silver Bullion Coin™ Program. These coins are each composed of five ounces of .999 fine silver and feature diameters of three inches. The entire series is struck to resemble the associated America the Beautiful Quarters® with both their obverse and reverse designs taken from that series of quarter dollars.
Accordingly, the obverse of this coin will feature the portrait of George Washington by John Flanagan seen on circulating quarter dollars since 1932. Surrounding that portrait will be the inscriptions of UNITED STATES OF AMERICA, LIBERTY, IN GOD WE TRUST and QUARTER DOLLAR.
The reverse will contain the design emblematic of Ellis Island National Monument. The reverse will also include the inscriptions of ELLIS ISLAND, NEW JERSEY, 2017 and E PLURIBUS UNUM.
Coins of this series are struck by the Mint for investors and are initially sold to the public through the Mint’s network of authorized purchasers for a small premium above the current spot price of the silver contained within them. As a US Mint bullion product, their weight and purity is guaranteed by the US government making them an ideal device for use in investment portfolios.
Ellis Island National Monument in New Jersey
Ellis Island National Monument of New Jersey has a long and event filled history linked with that of the United States. Near the time of the American Revolution, a man named Samuel Ellis owned the island which is now named after him. By the early 1800’s, it was seen as a valuable military location and its ownership was transferred to the federal government.
A military post operated on the island for decades before an immigration station was established. This immigration station operated from 1892-1954 and saw literally millions of people pass through its halls during that time. It is this immigration station for which the island is best remembered.
