Buy 1995-W 1 oz Proof American Silver Eagle Coin PCGS PR70 DCAM

Description

1995-W 1 oz Proof American Silver Eagle Coin PCGS PR70 DCAM

Out of the merely 30,125 Proof Silver Eagles Minted at West Point in 1995, only 36 coins are known to have been certified as a PR70DCAM grade by the PCGS. Out of these 36 coins, we have managed to get a hold of only one and are pleased to be offering it up for sale!

These Proof American Silver Eagles were minted almost 20 years ago in 1995 at the West Point branch of the United States Mint. Only approximately 30,125 proof coins where minted at this facility in 1995, giving these particular pieces the lowest mintage in the whole Proof Silver Eagle series. Since the Silver American Eagle has been being produced in large quantities for just over 25 years, to have a coin with such a low mintage is quite astonishing. As these US Minted coins are one of the most popular in the world, it is no surprise that 1995-w PCGS PR70DCAM coins are one of the most sought after by serious collectors.

Why Are These Proof Silver Eagles So Rare?

Aside from the coin having an extremely low mintage, it also bears the distinguishing factor of having been graded by the PCGS and certified to be in its perfect, newly minted state. The company has certified this coin as being in a PR70 (Proof 70) condition with a deep cameo appearance, meaning that it has deeply frosted areas and lettering that contrast with mirror-like fields. Of the just over 30,000 proof coins minted at West Point in 1995, only 36 of them have the differentiation of being graded at this high level.

For the 10th year anniversary in 1995, a special issue 5 piece gold coin set was offered by the US Mint which contained a tenth, quarter, half, and one ounce Proof Gold Eagle. Included in this set as a bonus was the brand new 1995-W Proof Silver Eagle. Further adding to this coins allure is the fact that prior to 1995, Silver Eagle Proof coins were only minted in San Francisco and Philadelphia. In fact a majority of the proof coins from 1995 were minted in Philadelphia and bear the “P” mintmark. This makes the 1995-W Proof Coin the first one ever to be produced at West Point.

In 2013 one of the coins from this collection sold for just over $86,000! This set the record for the most expensive American Silver Eagle coin to ever be sold at auction. The coin has also made the “Top 50 Most Popular Modern Coins” by NGC and the top 100 list for the PCGS.

This Sunday, November 3, bidding ends on GreatCollections.com for a perfect specimen of the key date West Point 1995 American Silver Eagle. It has been graded PR-70 by PCGS and given a DCAM (Deep Cameo) designation.

Back in 2013, GreatCollections famously sold another PR70 DCAM 1995-W Silver Eagle for the record price of $86,654 USD (including a 10% buyer’s premium). A startling price, but indicative of the intense demand Silver Eagle collectors have for the lowest mintage coin in the entire series. And that’s before one considers the fact that the 1995-W is a condition rarity, with most of the run showing numerous dings and other flaws.

As of late 2019, PCGS has graded 381 specimens at PR70, whereas only eight had been certified at the time of the March 2013 auction. It is quite clear that the high price commanded by the GreatCollections record holder encouraged dealers and collectors to submit their coins and try for a perfect grade, but after six years the percentage of the total available coins that have achieved this lofty status is barely greater than one percent.

More recent auctions show much more “attainable” prices.

In April of this year, an example sold for $9,600, while 2018 saw a perfect 1995-W go for $15,600. In 2017, several specimens were sold, all of which priced in the five-digit range. The lowest, which sold in March, went for $15,275; the highest, which sold in April, went for $22,326.

2015 and 2014 show similar, if even higher, results. January 2015 was that year’s winner, with a non-Cameo PR70 1995-W selling for $30,550. October and April are tied as the high-water mark for 2014 at $41,125 each. It’s worth noting that the lowest price on record for an example from 2014 is $33,166 – higher than 2015’s top number.

At the time of writing, the high bid for the 1995-W Proof Silver Eagle currently on offer is $10,800 after 20 bids.

Be sure to check GreatCollections for other sales of American Silver Eagles – or to check out how the other great coins that you need for your collection have performed. To do that, search through the GreatCollections Auction Archives, with records for over 600,000 certified coins the company has sold over the past seven years.

About the 1995-W

The American Silver Eagle is one of the most-collected modern silver coins actively produced in the world today.

Beginning in 1986, America’s preeminent silver bullion coin has been issued in Proof collector versions, with other varieties–such as Burnished and Reverse Proof coins–being issued later.

And out of 34 years’ worth of options for collectors and investors alike, the 1995-W American Silver Eagle Proof coin is widely considered the key to the entire series.

30,125 Silver Eagle coins were struck at the West Point Mint to accompany a limited edition set of Proof American Gold Eagle coins that was released in that year. Naturally, when a set also includes four gold denominations ($5 1/10th-ounce, $10 1/4-ounce, $25 1/2-ounce, and $50 1-ounce coins), it is an expensive proposition just for one coin, which is why such a low number of 1995-Ws were manufactured.

To add to the collector fervor, the issue is known as a condition rarity. But ever since the record-breaking 1995-W PCGS PR70 DCAM coin that sold at Great Collections set the highly publicized record price of $86,654.70, the PCGS certified population of PR70 DCAMs of this issue has expanded from eight to the present census of 381 pieces.

Shipping and Availability

This extremely collectible and elusive coin is now available for purchase at JM Bullion. As we only have one coin in stock and they rarely ever go up for sale, don’t miss out on a chance to own one of the most unique Proof Silver Eagles to have ever come off the press at the US Mint and make it the centerpiece of your collection!

Every package is fully insured against damage or loss while on its way to you so you can rest easy knowing it will arrive in pristine condition.

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