1995-W Silver Eagle

Greeniejr

Trying to do some research into the 1995-W Proof Silver Eagle and am trying to find what the release date of the sets was. Any help would be appreciated.

NumisMe

All I can say is. good luck with your research. here is a link to the closest that I was able to get to the answer.

Coin World article




Cheers !

2manycoins2fewfunds

Many people don't realize there were actually 2 different display boxes for these coins.

The first sets released came from mint in rather plain burgandy boxes stamped with US Mint emblem in gold on lid. The inside came with a thick cardboard piece appox 3.5" x 3.5" with cut out holes for the 5 coins. Enclosed was a note saying to use this display box until the fancy burgandy felt covered book like cases became available. Very, very few of those OGP display cases still exist.

I have 5 complete OGP with note from mint about the delay................

SoundPoint

<< <i>Trying to do some research into the 1995-W Proof Silver Eagle and am trying to find what the release date of the sets was. Any help would be appreciated. >>



Release Date was April 21, 1995.

I ordered a 10th Anniversary Five Coin set April 21, 1995 at 10:59pm Central time using phone number 800-420-6300. Other phone numbers in use at the time that I know of were 800-766-5710 and 202-283-2646. I was one minute early and I was put on hold by the mint's ordering service until they were officially taking orders at midnight eastern time - which they allowed me to do. On October 5, 1995, I called the mint to check on the status of this order. The mint had no record of this order. The order mysteriously disappeared. I believe Numismatic News was the first to report the issue of "disappearing orders" in their letter to the editor column on October 24,1995. (NOTE: I could be wrong but I do not believe any other numismatic publication published anything on this issue of "disappearing orders.") Several more letters to the editor of Numismatic News followed on 11/7/1995, 11/14/1995, 11/21/1995, 12/5/1995 - all complaining of disappearing orders. I had to reorder this set on 10/5/1995 from the US Mint. IMHO, due to disappearing orders (probably from the mint's ordering service) from April 21, 1995 thru probably the end of 1995, it appeared to me that this set was in no way going to be a sellout and that the Silver Dollar would be a relative rarity. Consequently, I ordered another set at the end of December 1995. Sales ended December 31, 1995. On 2/20/1996, Numismatic News reported a mintage of 30,125 for the five-coin anniversary issue. The big question that never got answered at the time or any time thereafter was: IS "DISAPPEARING ORDERS" THE REASON THIS PARTICULAR SET DID NOT SELLOUT??

Best of luck to you in your research!

CaptHenway

@Sound Point ... The Mint began taking orders on April 21, but did not begin shipping until Sept. 22nd!!!! People were quite upset, and the Mint eventually changed its ordering process.

The set did not sell out because of the price of the set, $999. I remember late in the year we discussed at the store buying a few for inventory just to get the dollar, but you had to bust up the set to do so, and the gold coins in capsules only were worth slightly less at retail than regular BU's. The gold spot price at the time was such that after blowing off the gold the dollar would cost you about $300, and everybody agreed it would never be worth that much.

TD

Edited to add: Gold was relatively flat (by our standards) between Sept. 1, 1995 and Dec. 31, with one brief dip below $380 and a couple of swoops near $390. Using $385 as the four-month average, the gold in a set melted at $712.25. We knew that the coin was there, but just didn't think it was worth that much!

Overdate

<< On 2/20/1996, Numismatic News reported a mintage of 30,125 for the five-coin anniversary issue. The big question that never got answered at the time or any time thereafter was: IS "DISAPPEARING ORDERS" THE REASON THIS PARTICULAR SET DID NOT SELLOUT?? >>

I think it was the price. The announced mintage limit was 45,000, and I think there would have been a much greater hue and cry if nearly 15,000 orders had "disappeared". Most of those with "disappeared" orders likely reordered before the deadline.

The Mint offered 1995 4-gold-coin proof sets either with or without the 1995-W Silver Eagle. If I recall correctly, several thousand 4-coin gold proof sets were ordered and sold without the key Silver Eagle.

jmski52

Phillip Diehl really did a number on ASE collectors who had faithfully supported the Proof Silver Eagle program up until 1995. He said that the 95-W was a "reward". More like a slap in the face, if you couldn't afford the thousand bucks.

Typical clueless bureaucrat.

pf70collector

I had an NGC PF 69 bought at $2800 and sold at $3100. Held for 5 years. I should have sold when they were going for $4K. HIghest I believe that these attained for 69s.

Mission16

Still have one of the 2 sets I bought.

7over8

Bought one set by phone order 12/31/95.

I believe $995.

ldhair