The obverse of the Ellis Island coin features a classic portrait of our first president, George Washington. This portrait was originally designed by John Flanagan and is present on all circulated quarters.
The reverse of the Ellis Island 5 oz silver coin prominently features a family of immigrants looking both forward to their new life and backward to what they are leaving behind. Behind the family, a hospital building is visible. Around the edges are the inscriptions of "ELLIS ISLAND," "NEW JERSEY," "2017," "E PLURIBUS UNUM."
Ellis Island was originally named after Samuel Ellis who owned the island before it was used as an entry point for immigrants to the United States. Before 1890, immigration was regulated at the state level; however, in that year Congress decided that the first federal immigration station should be constructed on Ellis Island.
From the time Ellis Island was opened to its closing in 1954, it processed over 12 million immigrants. In fact, around 40% of Americans can trace their heritage back to Ellis Island. Many immigrant came from southern and eastern Europe in order to escape war or persecution.
Ellis Island was made a national monument in 1966 and has hosted an immigration museum since 1990.
- Mint: U.S. Mint (West Point)
- Type: Bullion (Investment)
- Mintage: Minted in 2017, final mintage to be determined
- Silver Content: 0.999 fine silver
- Diameter: 76.2 mm in diameter (3 in.)
- Thickness: 3.25 mm in thickness (0.128 in.)
- Weight: 5 troy ounces (155.5g)
- Face Value: $0.25
- Coin Highlights:
- Contains 0.999 fine silver
- The 39th coin to be released in the America the Beautiful series
- Final design was chosen from sixteen possible options
- Coin quality is guaranteed by the U.S. Mint
- Coin's size (3 inches in diameter) is unique for the U.S. Mint
The America the Beautiful Silver Coin Series is a great investment because the coins are both highly collectible, and a well recognized investment instrument. The US Mint has annually released five designs in this series since 2010. Each design is minted and available from the mint for a limited time, which limits the mintage of each design. A limited mintage increases the collectibility and value of the coin on the secondary market.
Also, each coin consists of five troy ounces of .999 fine silver, which was largely sourced from the United States. While the ATB Silver Coins are recognized as legal tender, the value of the silver in the coin far exceeds the face value of the coin. And because each coin is manufactured by the US Mint, an ISO 9001 facility, each coin qualifies to be included in a precious metals IRA.