1995-W Silver Eagle

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dmwest
dmwest Posts: 959 ✭✭✭✭

Quick explanation as to why this one is valued so high?

Don't quote me on that.

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  • JJSingleton
    JJSingleton Posts: 1,404 ✭✭✭✭✭
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    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

  • jwitten
    jwitten Posts: 5,421 ✭✭✭✭✭
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    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.

  • dmwest
    dmwest Posts: 959 ✭✭✭✭
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    @jwitten said:
    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.

  • djm
    djm Posts: 1,565 ✭✭✭✭✭
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    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.

  • djm
    djm Posts: 1,565 ✭✭✭✭✭
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    @dmwest said:

    @jwitten said:
    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.

    If I recall correctly it was $995

  • bolivarshagnasty
    bolivarshagnasty Posts: 7,359 ✭✭✭✭✭
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    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?

  • TurboSnail
    TurboSnail Posts: 1,669 ✭✭✭✭✭
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    @bolivarshagnasty said:
    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.

  • BillJones
    BillJones Posts: 35,935 ✭✭✭✭✭
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    @bolivarshagnasty said:
    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 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.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • bolivarshagnasty
    bolivarshagnasty Posts: 7,359 ✭✭✭✭✭
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    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.

  • BillJones
    BillJones Posts: 35,935 ✭✭✭✭✭
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    @bolivarshagnasty said:
    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.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • Mission16
    Mission16 Posts: 1,413 ✭✭✭
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    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.

  • Lakesammman
    Lakesammman Posts: 17,696 ✭✭✭✭✭
    edited April 4, 2017 7:21PM
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    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! :D

    Gone but not forgotten: IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Ricko, Big Moose, Cardinal, CoinsAreFun.
  • don129
    don129 Posts: 562 ✭✭✭
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    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.

    Successful BSTs with doubleeagle07, adriana, barrytrot, Bochiman, Dabigkahuna, Modern Coin Mart, oilstates2003, terburn88, THEGENERAL, treybenedict
  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    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

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,219 ✭✭✭✭✭
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    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.

  • 7Jaguars
    7Jaguars Posts: 8,019 ✭✭✭✭✭
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    I appropriated my uncle's '95W set, so got it for free!

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • Coin Finder
    Coin Finder Posts: 7,805 ✭✭✭✭✭
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    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...

    The court jester does not play, but gently pulls the strings…

  • metalmeister
    metalmeister Posts: 4,633 ✭✭✭✭✭
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    Yes, you bought the Gold set for a grand and got the 1995W silver for free. Wished I bought a bunch back then.

    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • dpoole
    dpoole Posts: 5,940 ✭✭✭✭✭
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    @dmwest said:

    @jwitten said:
    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.

    Looked it up on Quicken. $999.00.

  • Mission16
    Mission16 Posts: 1,413 ✭✭✭
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    $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.

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    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

  • pf70collector
    pf70collector Posts: 6,862 ✭✭✭
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    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.

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