The Homestead National Monument of America Silver Uncirculated Coin will be the first 2015 strike of the US Mint’s America the Beautiful Five Ounce Silver Uncirculated Coin™ Program. Shown on the reverse of the silver uncirculated coin will be a design emblematic of Homestead National Monument of America found in the state of Nebraska. A release date for the coin was not known at the time of this posting.
This series of coins are each struck from five ounces of .999 fine silver to a diameter of three inches. They are considered the numismatic versions of another series of coins from the US Mint, the America the Beautiful Silver Bullion Coins™. However, whereas the bullion coins are struck for investors, these uncirculated coins are intended for collectors.
Thus, when issued, the Homestead Coin will be initially sold directly to the public by the US Mint for a price significantly above the market value of the precious metal contained within the coin. This is standard for a numismatic product from the Mint and differs from the bullion coins which will be sold through the Mint’s network of authorized purchasers at prices near the market value of the five ounces of silver in each.
Contained on the obverse of each coin will be a portrait of George Washington that was initially designed by John Flanagan. This portrait will be familiar to many as it has graced the obverse of circulating quarter dollars in one form or another since 1932. In fact, as these coins also contain the same designs as an associated quarters series, the inscriptions surrounding the portrait will be UNITED STATES OF AMERICA, LIBERTY, IN GOD WE TRUST and QUARTER DOLLAR.
The reverse will showcase the design emblematic of Homestead National Monument of America. Surrounding the design will be the inscriptions of HOMESTEAD, NEBRASKA, 2015 and E PLURIBUS UNUM.
Homestead National Monument of America in Nebraska
Congress officially established Homestead National Monument of America on March 19, 1936 in the state of Nebraska. It was created to commemorate the Homestead Act of 1862 and the many people who participated in the Act to receive up to 160 acres of land free from the federal government.
One of those individuals, and believed to be the first, was Daniel Freeman. It is the location of his original homestead that is now the site of the national monument.
