Coin Specifications

Category: Modern Commemoratives (1982-Date)
Mint: Philadelphia
Mintage: 49,671
Obverse Designer: Norman E. Nemeth
Reverse Designer: Charles Vickers
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $13.28 (4/21/2018)
Diameter: 38.1mm
Edge: Reeded
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2005 P MARINES S$1 MS obverse 2005 P MARINES S$1 MS reverse


  
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Description & Analysis

The United States Marine Corps was established by the Continental Congress on November 10, 1775, and it celebrated its 230th anniversary in 2005. To mark this occasion, and to honor the corps in general, a bill was signed into law August 6, 2004 which authorized the coining of up to 500,000 silver dollars dated 2005. Proceeds from the sale of these coins were directed toward the creation of a National Museum of the Marine Corps in Quantico, Virginia. This is being overseen by the Marine Corps itself, in conjunction with the Marine Corps Heritage Foundation.

Joe Rosenthal’s famous photograph of Marines raising the American flag on Mount Suribachi is recreated on the obverse of this coin by sculptor-engraver Norman Nemeth of the U. S. Mint. This epic moment in the campaign to capture Iwo Jima from the Japanese Army in 1945 is perhaps the image that best portrays the spirit of the United States Marine Corps. To the left of the figures is the inscription “MARINES 1775 2005.” The date of coining and the artist’s initials are both placed within the rock outcropping that is the summit of Mount Suribachi. Statutory mottoes complete this side.

Charles L. Vickers of the U. S. Mint’s engraving staff prepared the reverse of this coin, which features the Marine Corps emblem. This consists of a globe superimposed over an antique anchor, with an eagle perched atop the globe. The Corps’ motto of Semper Fidelis (ever faithful) is placed below, and beneath this is the coin’s mintmark. Two arcs of stars totaling thirteen in all are arranged around the border at left and right, and the designer’s initials appear below the globe. Legends of a purely statutory nature complete the reverse.

Perhaps the only criticism of this design is that the requirement of including the entire length of the flag staff reduced the human figures greatly within the overall field of the coin. A cropping of the staff just above their heads, with the figures superimposed over an image of the flag, would have been preferable from an artistic standpoint, permitting the figures to occupy most of the coin’s field.

As seems to be the norm for silver dollar commemoratives in recent years, both the proof and uncirculated editions of this issue were produced at the Philadelphia Mint. The sales period lasted from July 20 through December 31 of 2005, and this offering was a complete sellout. Given the tremendous popularity of both the theme and the imagery, this is not too surprising. It appears that this commemorative coin provided a rare instance of significant sales occurring outside of the established coin hobby, with many Marine Corps members and retirees undoubtedly seeking a souvenir of their service.

GRADE SUMMARY

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Price Guide

Last Updated: 3/1/2017

Click on a price to see historical prices, comparison charts and trends.

2005 P MARINES S$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 19.00 20.00 21.00 22.00 25.00 28.75 30.00 31.00 35.00 50.00 110

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Census

 
NGC GRADE SUMMARY

Total Graded: 12731
Low Grade: 67
Average Grade: 69
High Grade: 70

The chart showing 67 series, 68 series, 69 series, 70 series.
NGC CENSUS DETAIL Last Updated: 4/16/2018 2005 P MARINES S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------------2155594712012731
-----------------------
-----------------------
-----------------------
Total------------------2155594712012731
 ------------------0 %0 %44 %56 % 

Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/5/2009 PCGS MS 70   Teletrade Auction 2675, 2675/Lot# 2203 $149.50
7/31/2009 PCGS MS 70   Heritage Auctions 2009 August Los Angeles, CA US Coin Auction #1128, 1128/Lot# 9348 $161.00
9/25/2011 PCGS MS 70   Heritage Auctions Internet Coin Auction Session(1), 131140/Lot# 22719 $94.00
3/8/2012 NGC MS 69   Heritage Auctions Thursday Modern Coin Auctions Session(1), 241211/Lot# 16527 $36.00
9/16/2012 PCGS MS 70   Teletrade Auction 3347, 3347/Lot# 1999 $70.00
12/1/2013 PCGS MS 69   David Lawrence Rare Coins Internet Auction # 780, 789/Lot# 339 $101.00
4/14/2014 NGC MS 69   Stack's Bowers iAuction 3477, 6026/Lot# 20876 $30.55
7/6/2014 NGC MS 69   GreatCollections GreatCollections Coin Auctions 07/06/2014, 188/Lot# 155017 $40.00


NGC Registry

NGC Registry Score 2005 P S$1 MS MARINES
 PrAgGVGFVF4045505355586061626364656667686970
Base373737373737373737373776818589102119123127139227366
3737373737373737373750788286931081201241311682730
00000037373737507882869310812012413116800
00000037373737637984889811312212613519800
Registry Image Gallery
Grade: MS 70
Points: 366
Owner: 123cents
 
Grade: MS 70
Points: 366
Owner: akiuftis77
 
View the Registry Image Gallery

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