2025 Laser Engraved Proof Silver Eagles sell below mint pricing
HalfDime
Posts: 933 ✭✭✭✭✭
The 2025 Laser Engraved privy Proof silver eagle was released with a 100,000 limit, and final sales show it has a final mintage of 99,297. This is very low for a modern proof silver eagle, yet prices for the coins RAW are currently selling below current mint issue pricing of $173 for 2026 products.
This means it is likely the sales for future proof silver eagles will need to be below 100,000 mintage to hold any collector premium.
For the Uncirculated collector silver eagles, mintages may have to be down below 75,000 or less.
For comparison, the 2026 Congratulations set will have a proof mintage of only 60,000. That is low enough to be the second lowest in the entire series, yet it will likely not be more than a double due to the lower demand.
Many will stop collecting the silver eagle series from this point forward due to the high pricing from the US Mint, however it is possible that now will be the best time to start collecting issues only going forward, as sales drop off and create very low mintage coins below 100,000.
Comments
Some people here defend the Mint and its marketing and some revile it. I’m in the latter.
Maybe, but maybe not.
Speaking for myself, I still buy the occassional issue that interests me but the mint lost me as a regular customer of certain products long ago. Too many issues, too expensive, too many instant sell-outs, etc. I've moved on and haven't looked back.
I suspect that many others like me who whose business the mint has lost won't be coming back.
"Likely not be more than a double"? 🤣🤣🤣
It's the only thing I'm on the fence about getting at all, due to the low mintage. It might be a $200-250 coin at that mintage. Maybe not. But nowhere near $350.
As I have been saying repeatedly here, when the Mint sets its pricing, for everything with precious metals, it ignores the fact that the numismatic premium fades when precious metal prices rise. Which is why you can buy MS 63 classic gold for melt now.
100K is a relatively low mintage, but $173 is a relatively high price. The fact that the value would still be $175 if silver was $50 an ounce does not help you when silver is $90 an ounce.
The market simply does not retain the premium, even though the Mint does. Which is why 500K dual date proof ASEs, with a privy mark to boot, are going to be dogs at $173. Unless silver goes to $250 an ounce. And even then, you'd be better off with bullion.
Mint pricing is off the rails now, and demand is going to fall off a cliff as a result. Even the Best of the Mint stuff, which most of us have been looking forward to.
I believe that all of the “privy series” for 2025 fall into the sub 100,000 category and all are selling below mint prices. I have them all and when melt passes $105 issue price, off they will go to the furnace.
The Laser ASE sold for $105, rendering the title of this thread misleading.
Without even looking, I'll bet the Laser ASE sells for more than $105.
Apples and oranges.
All comments reflect the opinion of the author, even when irrefutably accurate.
Yes, I just sold a Marine privy for $150
All comments reflect the opinion of the author, even when irrefutably accurate.
I'll take whatever you have right now for $106 each. Just send me a DM.
Should be able to get one around original issue price.Recently sold mine to forum member for $125 . With Mint cost 110.95 and shipping I broke even,more or less.
I think the Mint is trying very hard to sell fewer and fewer gold, silver, platinum & palladium coins each year.
The coin to sell if anyone has one is the 1995 W Proof, it could be the new Jackie Robinson coin that loses much of its value. The 2026 Congratulations set is only double the mintage (30k vs 60k), and they may have to drop below that issue to make a "special" release in the future.
How about the 2019 s enhanced reverse proof ase? Should I throw that one into the collection plate this weekend?
i wish this coin was a winner. i was really excited for it when it was first announced and ever since then, i've been reading nothing but negativity about it. i'm still going to pick one up for my collection, but no more than that.
It's my inference that the majority of the ASE collector base doesn't collect at this price point. Two years ago from when spot was roughly $20 to now is a huge change for what is actually a mostly at best moderately affluent collector base. This is aside from the merits of the coin as a collectible.
I know this is the US side of the forum, but anyone who isn't familiar with it should look at the mintages on world NCLT. The mintages are much lower, probably even considering the difference in collector base size. I bought two of the 2025 Australia silver pillar dollar proof commemorative for roughly spot when it was about $100. The mintage is 2000. I bought it as a supplement to my pillar collection but there are just too many world NCLT, as there are with the ever increasing number in the US.
Remember when the Franklin Mint and the Pobjoy Mint had good things going, and they killed their golden geese by producing so much stuff that their collectors gave up trying to keep up?
I consider it easily one of the most overpriced coins in the world for its collectible attributes. Still, if a noticeable percentage of the collector base may or will get priced out from the increasing spot price and US Mint issue prices, definitely a realistic possibility the ASE collector population shrinks.
The difference though is that the ASE is apparently perceived more closely to circulating coinage while modern gold commemoratives mostly aren't collected as a series. The 95-W is the only "key" for the "basic" set which makes the series less affordable than previously but still relatively affordable.