1995-W Silver Eagle
dmwest
Posts: 959 ✭✭✭✭
Quick explanation as to why this one is valued so high?
Don't quote me on that.
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dmwest
Posts: 959 ✭✭✭✭
Comments
30000 (?) mintage. Yep, I don't get it either.
Joseph J. Singleton - First Superintendent of the U.S. Branch Mint in Dahlonega Georgia
Findley Ridge Collection
About Findley Ridge
Was only available in a set of gold coins, so not many knew about it, and not many could afford to buy the whol set of gold to get the silver.
anyone know how much the set was? Just curious.
Don't quote me on that.
Not very many of the coins were sold back in 1995, You needed to buy a 5 coin set the four gold eagles and the W Proof Silver eagle. The cost of the set was more than the 4 gold coin set and the 95P Proof Eagle do few bought the set. Later Dealers bought these set for the gold coins and disposed of the silver eagle. Most of the 95W are in the hands of collectors and it takes a high value to pry them loose.
If I recall correctly it was $995
Coinfacts shows 30k+ as the mintage. PCGS has only graded 3,633 95-W's. I wonder if the mintage is overstated by the mint and never corrected?
I can see two type of collectors that would not slab their coins not to mention dealers who still keep them in the safe. The one that put in the dansco. And the one who prefer to collect them in the original GOP/COA.
I have seen some crummy raw ones that would have gotten low grades like PR-66. For a coin like that PR-66 is a low grade. They are most all nice.
At any rate I think that this coin is vastly overpriced. The trend has been downward over the years, and I think that the only money that will be made from these coins will be realized by those who bought them at the lower levels years ago.
Yes there are a lot of collectors who keep up with these things, but as we saw on another thread the mint seems to have created a second Proof with a different mint mark that is a quickly sold out "rarity." If I were collecting these things my patience with such games would be running thin. You might same common ones for the silver content, but as collectors' items, fix is in.
If the mintage truly was 30k, then it would be risky to buy or own one at these levels. ($3600 PF68DCAM) How many moderns have fallen off the cliff when the true demand versus availability is sorted out? In fairness, it has been 20+ years. Are there really 30,000 Collectors out there clamoring for a chance at the 95-W?
By contrast, the Old Spanish Trail, mintage 10k, can be had in MS66 for $1500.
I have not doubt that there are far more collectors working on set of SAEs than the classic commemorative coins.
It was either $999 or $995. I bought 2 of them from the mint after agonizing over the cost for awhile. It was a time when I had the money available but was trying to decide on a couple of things I'd wanted to buy.
I sold one off several years later and still have the one. When the prices for PR70 ones were rocketing, I thought about submitting the whole set for slabbing.
I bought 3 sets and after the prices stagnated, I sold for a small profit. Should have bought more and held!
Worthless thread w/o a picture!
It started out as PCGS PR67DCAM with haze, & above after conservation.
And to think I almost returned it to the mint for being flat broke.
I have all the '95W gold and silver coins slabbed...assembled the hard way... since at the time of the set offering, I thought $995? No way.... Gold was much cheaper then and when I received the mint flyer, neither the ASE mint mark or mintage registered in my mind.... way to busy with work and other things. It is a regret I revisit frequently. Cheers, RickO
I believe the actual pops to be 30,125. 30k is close enough. the price is high mainly because only that many guys can have a complete set of silver eagles. They're actually at a level which is less than they used to be and tempting to acquire.
``https://ebay.us/m/KxolR5
I appropriated my uncle's '95W set, so got it for free!
Well, just Love coins, period.
Is it possible t keep this coin at artificially high prices in the "sheets" People that contribute to the sheets just don't look at it much or follow this market....Just a question...
Yes, you bought the Gold set for a grand and got the 1995W silver for free. Wished I bought a bunch back then.
100% Positive BST transactions
Looked it up on Quicken. $999.00.
Here's a warning parable for coin collectors...
$999 it was. For less the $400 worth of metal, so yeah, it was a big deal to buy them. Like others here, I knew it would be a low mintage set BECAUSE you had to buy the gold to get the ASE but I actually didn't realize how low it was until a few years later.
Incidentally, melt on that set is about $2100 now.
Yes.... the gold value certainly has appreciated.... and although I did not buy the set at the time... I did acquire all the coins (slabbed) while gold was still cheap...and the 95W reasonable..before it hit the high mark (since retreated, but still way above what I paid for it). Cheers, RickO
Several years ago I had the entire set in NGC PF 70 DCAM except the 1995W and 1993. I bought the 1995W for $2800 in 08. I sold the entire se in 2012 for almost the same amount that I purchased them all separately. I also sold the 1995w for around $2800 right before they increased in value to around $4500.
Box of 20