Appearing as the first 2015 release of the US Mint’s America the Beautiful Silver Bullion Coin™ Program will be the Homestead National Monument of America Silver Bullion Coin. This release will contain a reverse design emblematic of Homestead National Monument of America found in the state of Nebraska. At the time of this posting, a release date for the silver bullion coin was not known.
Each of these silver bullion coins will be struck from five ounces of silver to a diameter of three inches like the other coins of the series. They will be sold through the Mint’s network of authorized purchasers to allow the public to obtain them at prices closest to the current market value of the silver contained within them.
In fact, that is why Congress created the America the Beautiful Silver Bullion Coin series. They are struck for investors as a low-cost option of adding silver to their portfolios. Their designs, however, are taken from an associated America the Beautiful Quarters® Program.
As such, the obverse of each five ounce bullion coin will contain the same portrait of George Washington that is featured on the circulating quarter dollars. That image was originally designed by John Flanagan for the 1932 quarter and it has been in use on the quarter dollars ever since. Inscriptions around the portrait will include UNITED STATES OF AMERICA, LIBERTY, IN GOD WE TRUST and QUARTER DOLLAR.
The reverse side of the coin will showcase the design emblematic of Homestead National Monument of America. That design will be surrounded by the inscriptions of HOMESTEAD, NEBRASKA, 2015 and E PLURIBUS UNUM.
Homestead National Monument of America in Nebraska
Homestead National Monument of America was officially established in the state of Nebraska on March 19, 1936. The purpose of the monument was to recall those who participated in the giving away of land by the federal government authorized by the passage of the Homestead Act of 1862.
Under the Act, individuals were given the chance to initially obtain up to 160 acres of land for no charge. These "homesteaders" just had to make improvements to the land and file the appropriate paperwork.
