1995 "W" West Point Silver Eagle Replicas. Who's minting them?

Ljr1964

Saw this tonight.

Looks like a National Collector's Mint proof but seller won't say. Anyone know?

1995 "W" Silver Eagle Replica

airplanenut

It doesn't say, and the setup claims that this coin is real- I'm reporting it, and encourage you guys to do the same...

FatMan

Scum Alert!

Ljr1964

I don't get the impression it's real. There is a size variance, 40mm verse 39mm, he uses commemorative in the title, lists it as a silver clad.

I can't afford a real one and the bid amount is crazy for a proof that probably goes for $11.00.

nwcs

Just like the 1933 $20 issue. I know that the mint has gone after this company (NCM) for deceptive ads before. I wish they'd go after them again...

airplanenut

rules and safety

The problem is, some think of ASEs, especially the 95W as commems- if they don't look closely at the specifications (or don't know the real ones), he says that this is made in West Point, so someone thinks it is real- don't forget, the reverse, which is modified, is not visable, so the picture looks real, too.

Jeremy

Ljr1964

3 entries found for commemorative.
com·mem·o·ra·tive ( P ) Pronunciation Key (k-mmr--tv, --r-)
adj.
Honoring or preserving the memory of another.

n.
Something that honors or preserves the memory of another.

--------------------------------------------------------------------------------
com·memo·ra·tive·ly adv.


I think the ad is clear. As long as you read it. I just want one to fill the hole in my Eagle collection. (For $11.00)

fcloud

Doesn't it have to have the word "copy" on it by law? They don't show the reverse, so that must be where it is.

dpoole

That is really awkwardly-worded. His blurb sounds very much like he's walking the line between deceipt and covering his tail.

dbldie55

This guy is walking a line. Here is the wording: Composition: 100 Mil .999 Pure Silver Clad Base Well, all silver eagles are .999 SILVER, not Silver clad. It also says it is "Now in commemoration of this special issue, you can get your own 1995 Pure Silver clad West Point Silver Eagle Proof at only a fraction of the original's cost." Also, notice no reverse scan (which I would be does not have a W mint mark)

Well the original cost was $999 but you got 4 gold coins to go with it.

Edited to add:
Well, I just sent the seller a message that makes it pretty clear my thoughts of this title "1995 "W" West Point Silver Eagle Proof *NR " if it is not what it says. Be interesting if it answers.

Ljr1964

The Proof will have a "W" mark on the reverse, and will be stamped copy probably in the feathers. There will also be a serial number on the reverse.

My feeling is that if ethically marketed, it fills a real need, surely this is why a mint(s) decided to create it.

Marketing does not create a need, the need exists already.

nwcs

>Doesn't it have to have the word "copy" on it by law? They don't show the reverse, so that must be where it is

NOPE!!!

That only applies when the coin is an exact copy. What NCM does is to modify the reverse design and (generally) remove the denomination. By removing the denomination, it's not an exact copy any longer.

>Marketing does not create a need, the need exists already.

That's what they teach in business school (I have a marketing degree) but the reality is that marketing exists to convince someone they have a need so they'll buy a product you're selling to meet that need you made them aware of.

asnooker

It looks like a rip-off to me. Very deceptive!

MadMarty

The National Collectors Mint does not have this one listed, must be some other scumbag outfit!

Bigern

It looks like two bidders read it a second time and retracted their bids. I agree the seller is walking a very fine line between reality and deception.

Bigern

Its at $200 now, apparently someone has $202 to spend on a trinket. I really wonder if these bidders know that its not the real deal. Caveat Emptor.

nucklehead

I can't believe someone would be foolish enough to pay just over $200.00 for nothing more than a silver round.

Ljr1964

They are from NCM, I ordered my five to pedal and all my ads will include : This proof complies with the Hobby Protection Act of 1973 and is clearly marked “copy” on the reverse.

It's in all my replica ads to avoid any misrepresentation.

If someone STILL wants to pay me $200 for something that runs $11.00 while being honest and upfront with what it really is, then I can still sleep well at night. I just use that profit to buy real coins for my collection.

The best thing is, even if I get $20 for it, my profit margins are very acceptable, and I still did very well.

BillJones

Gee! Just think! It's a genuine replica with a genuine certificate of authenticity!

This outfit only charged $20 for their 1933 double eagle with genuine gold coating. According to the bids some poor Bozo has already bid $227.50 on this piece of crap.

There should be book called "Ebay for Idiot Bidders."

Ljr1964

With all due respect Bill, how else would anyone own a "1933 St. Gaudens if not by replica?"

The mint run is pretty limited, wouldn't you say?

Of course, if your friendly with Bill Gates, maybe he'll buy you the original. What's Seven million for a close friend?

As much as you migh hate these replicas, they fill a niche for the masses who can't justify or don't have thousands, hundreds of thousands or millions to invest in a hobby. They are very eager to acquire them.

My 1804 draped Bust, 1889-CC,1893-S, 1893-O, 1895 Morgans, 1964-D Peace Dollar, and now, my 1995-W SAE, cost me $77.00, and I'll flip them collectively for from $140 to several hundred dollars. My customers know what they're buying, no deception.

They commemorate, they're shiny, and they make a lot of people feel good.

You can take that to the bank.

BillJones

What do I do since I can't afford to own those mega rare coins? I don't have any of them in any form, and that doesn't bother me in the least.

I don't really have a problem with the replicas of these super rare coins, but I think a lot of people have a BIG problem with the way this replica of the 1995-W silver eagle is being marketed. They also hate see some poor fool pay more than 10 times what it is worth. Normal people CAN own this coin. They are available if you are willing to pay the price.

dbldie55

Well people were retracting their bids left and right, so the seller closed it to try and get some money from this. What a jerk.