The second week of June brings Arches National Park Quarters to the U.S. public and also two silver coins with the same designs but in a much larger format.
Weighing 5.000 ounces, having diameters of 3.000 inches and compositions of 99.9% silver, the two silver coins are intended for two different purposes — one for coin collectors and the other for investors.
An official kickoff for Arches quarters happened on June 6, 2014 when the United States Mint and National Park Service held a ceremony introducing them to the public. On June 9, 2014, the U.S. quarters start entering circulation for commerce and the U.S. Mint makes them available in rolls, sets and bags.
Also on June 9 and for investors, the U.S. Mint starts selling Arches National Park Five Ounce Silver Bullion Coins through its network of bullion dealers. The public can get these investment-grade coins through dealers for a few dollars per ounce over spot.
Then on the June 12 and for everyone with collectors in mind, the U.S. Mint starts selling Arches National Park Five Ounce Silver Uncirculated Coins from its website at www.usmint.gov for $154.95.
The following table shows how the quarters and coins and are both similar and different:
|US Quarters||Bullion Coin||Uncirculated Coin|
|Intended For||Commerce and Coin Collectors||Investors||Coin Collectors|
|Mint Marks||‘P’ for Philadelphia Mint; ‘D’ for Denver Mint; ‘S’ for San Francisco||None||‘P’ for Philadelphia Mint|
|Composition||Cupro-Nickel Clad (8.33% Nickel, Balance Cu)||99.9% Silver|
|Weight||5.670 grams||5.000 troy ounces|
|Diameter||0.955 inches||3.000 inches|
|Thickness||1.75 mm||0.165 inches|
|Edges||Reeded||Letterings of ‘.999 FINE SILVER 5.0 OUNCE’|
The U.S. Mint offers Arches quarters in rolls, sets and bags and Arches uncirculated silver coins beginning at noon ET on their release dates.