1995 Five Coin Gold Proof Set.

keets · May 20, 2016 6:43AM

What is your opinion of the 1995 Five Coin Gold Proof Set as a long term investment??

Al H.

ricko · May 21, 2016 2:26AM

Hard to say Al. It 'seems' to have slowly decreased in value, from the fever times.

Although, many who offer it, still price it high... I have heard that in most cases, they are willing to negotiate down.... So, at this point... I think it has stabilized... and there would need to be some 'event' to reignite interest.... JMO... I do have a slabbed set though, with the original box. Cheers, RickO

keets · May 21, 2016 2:40AM

we sold a complete set this week with all COA/box to a regular customer who probably took it right to the bank. the price intact seems to have stabilized around $7000-$7300 without regard to Gold, so I think it is probably a safe bet but not something that will move up much, if at all.

ProofArtworkonCircs · May 22, 2016 10:59AM

What are the five coins?

coindeuce · May 22, 2016 12:39PM

Originally posted by: ProofArtworkonCircs

What are the five coins?

I'm sure he meant the 5 coin 1995W 10th Anniversary Proof Eagle Set, composed of the 4 gold denominations, plus the '95W Proof Silver Eagle which is the key coin of the set. The '95W Proof Silver Eagle has a reported mintage of 30,125 which was made available only in the 5 coin set. A single PCGS Proof 70 DCAM example (probably the 1st) brought a record price of nearly $87,000 in 2013, so there is no shortage of prospectors for a repeat performance if anyone can get another out of a set and make a PR70 DCAM. This is probably the sole factor for the sustained market price of these sets.

If PCGS ever does produce another PR70 DCAM, there will be a renewed frothy frenzy of speculators driving the set price back to previous highs, even though the auction price of the 5-PCGS PR70 DCAMS sold after that record sale have not surpassed $30K, and as recent as April 2016 had settled down to $21,150. With a reported PCGS population of 120 PR70DCAMs (which includes the Hall, Standish,Moy & Mercanti signature labels) since 1995, the odds are slowly diminishing for additional examples to have survived well enough in the OGP to make the pinnacle grade/designation.

BillJones · May 22, 2016 12:52PM

I have long found this set intriguing, but have not punched one in the nearer term because of the overpriced silver eagle. Oh for that coin show day in the mid 1990s when I could have bought one of these sets for $1,300! I say this not for greed, but as a collector. The trouble was I was devoting every dollar to my fledgling business!

I have no doubts that the price of the 1995 silver eagle will fall. With mintage just north of 30,000 cons, the prices north of five figures are too much.

Overdate · May 22, 2016 3:55PM

There were few if any flippers in 1995 buying the sets for short-term profit. The five-coin sets didn't come close to selling out - only 2/3 of the mintage limit of 45,000 were bought before the off-sale deadline. For months afterward the Silver Eagle was easily available for under $300. Probably the majority of sets were put away by collectors and have not yet entered the aftermarket, which would help explain the $3000+ price for raw and 69 specimens. I don't see any big upside from here - 30k is not considered a low mintage these days.

7Jaguars · May 22, 2016 10:07PM

Aw, but you mentioned dispersion - that is something nearly TOTALLY missing from the latest "flipper's delights". As you said collectors bought this issue & the latest not so much to put it mildly.
Which is NOT to say the 95w set has IMO much growth potential, stagnation is most likely.

ProofArtworkonCircs · May 23, 2016 7:37AM

Thanks, it all makes sense now. I was trying to picture an all gold 5 coin set.

1995 Five Coin Gold Proof Set.

Comments

Leave a Comment