1 oz Patriot Silver Round

Military History in Fine Silver from Mason Mint

The 1 oz Mason Mint Patriot silver round is part of a three-design series commemorating major American wars: the American Revolution, World War I, and World War II. Each round contains one troy ounce of .999 fine silver and features historically accurate military hardware and uniforms sculpted by Heidi Wastweet, one of the most accomplished medallists in the United States whose work includes US Mint congressional medals.

The Patriot Series distinguishes itself from generic patriotic rounds through artistic quality and historical specificity. The American Revolution reverse depicts the Old North Church, John Paul Jones's ship Bonhomme Richard in battle, and a Continental Army officer on horseback. The WWI design features a SPAD XIII from the 94th Aero Squadron. The WWII reverse shows a Corsair fighter over an Essex-class carrier. These are researched military illustrations, not generic flag-waving imagery.

Available in both proof-like and antiqued finishes, the rounds are distributed exclusively through Gainesville Coins. The proof-like finish creates a mirror-like field contrasting with frosted design elements, producing visual depth unusual for privately minted rounds. All three designs share a common obverse showing three US military figures (Revolutionary soldier, WWI airman, WWII sailor) standing before an American flag.

Mason Mint Patriot Round Specifications

The Three Designs

All three rounds share a common obverse: three US military figures before a large American flag, with a bald eagle above and the word "PATRIOT." The rim carries "1 TROY OUNCE" and ".999 FINE SILVER." Each reverse commemorates a specific conflict:

• Series 1 (American Revolution): Continental Army officer charging on horseback. Background includes the Old North Church, Bonhomme Richard battling HMS Serapis, regimental drum, and cannon. Rim reads "AMERICAN REVOLUTION" and "DON'T TREAD ON ME" with crossed Colonial pistols.
• Series 2 (World War I): SPAD XIII from the 94th "Hat in the Ring" Aero Squadron. Includes Zeppelins, a Fokker Triplane, cathedral ruins, cavalry, a tank, and infantry. Text reads "THE WAR TO END ALL WARS" with barbed wire borders.
• Series 3 (World War II): Chance Vought F4U Corsair over an Essex-class carrier flight deck. References Yamamoto's "AWAKENED A SLEEPING GIANT" quote.

Patriot Series Tax and IRA Status

The Mason Mint Patriot round is a private mint product with no legal tender status. Tax treatment follows standard rules for .999 fine silver bullion in each jurisdiction.

• United States: No federal sales tax. State sales tax varies; most states exempt .999 silver rounds from sales tax. Capital gains taxed at the 28% collectibles rate for long-term holdings. The .999 purity meets IRA requirements under Section 408(m) for precious metals IRAs, allowing tax-deferred or tax-free growth depending on Traditional or Roth IRA structure.
• United Kingdom: 20% VAT on purchase. Not CGT-exempt (only UK legal tender coins qualify). Limited UK availability given this is primarily a US market product.
• Canada: GST/HST exempt at .999+ purity in qualifying bullion forms. Capital gains at 50% inclusion rate.
• Australia: GST-free at .999+ purity. Subject to CGT with 50% discount for holdings over 12 months.
• Singapore: GST-exempt at .999+ purity under the IPM scheme for qualifying sources.
• Hong Kong: No sales tax, no import duty, no capital gains tax.

Patriot Series vs Other Military and Generic Rounds

The Patriot Series competes in the themed silver round space against both generic patriotic rounds and other military-themed private mint products.

Against the standard Silver Buffalo round (the most widely produced generic round in the US), the Patriot Series offers dramatically more artistic detail and historical specificity, but at a higher premium. Buffalo rounds trade at minimal premiums over spot and are highly liquid on the secondary market. The Patriot Series carries a collectible premium that may not be fully recoverable on resale, particularly through generic buyback programs that price all .999 rounds the same regardless of design.

Against military-themed rounds from SilverTowne, Highland Mint, and other private producers, the Patriot Series is notable for Heidi Wastweet's sculptural quality. Wastweet's credentials (US Mint congressional medals, nationally recognised medallist) elevate these above typical private mint products in artistic execution. The historically accurate aircraft models, correct squadron insignia, and period-accurate uniforms reflect genuine research.

Against sovereign mint products like the 1 oz Silver Britannia or American Silver Eagle, the Patriot Series lacks legal tender status, government backing, and the anti-counterfeiting features that sovereign mints provide. Sovereign coins also offer better secondary market liquidity and, in specific jurisdictions, tax advantages. The Patriot Series is for buyers who specifically want the military commemoration aspect alongside their silver, not for those seeking the most efficient or liquid form of bullion ownership.