Are American Eagle Silver Proof coins a Good investment?
Reasons American Silver Eagles are a Good Investment: American Silver Eagles make great investments because they carry an intrinsic value and won't fall in value like other currencies.
Complete Silver Eagle Set value
These coins have been graded in perfect PF70 grade by NGC. This same set in MS70 would run you $40,000+. You're paying less than $250 per coin here, which is a bargain when you consider that the 1993 and 1994 coins alone are worth approximately $1,500 per coin!
While the 1995 bullion silver eagle may, at times, be an afterthought, the 1995 West Point (W) minted proof silver eagle is the most valuable of the silver eagle coins. A mere 30,125 of these coins were produced and were only available as part of the 1995-W 10th-anniversary gold and silver eagle proof set.
The lowest mintage for a bullion coin is the 1996 Silver Eagle, at 3,603,386. The highest mintage bullion year is 2015, with sales reaching an astounding 47,000,000 coins and achieving the sixth annual sales record in seven years. * Mintage Notes: 1993: Proof mintage includes 12,689 coins sold in the Philadelphia Set.
Rarity: Proof coins are less common than general uncirculated coins, making them highly collectable. Value: Proof coins are typically considered more valuable (but this is not always the case). Condition: Proof coins are shipped in exceptional condition and are usually free from any visual blemishes.
Proofs are almost always going to command a higher premium than an Uncirculated coin, but they also offer better presentation, quality and lower populations. Uncirculated coins are generally the best way to invest in Precious Metals at a modest price point.
Only 0.7% of all the American Silver Eagles ever minted were struck in 1996, making this a truly rare find. Offered in Brilliant Uncirculated condition, your coin contains one full Troy oz. of 99.9% silver. The obverse side of this silver coin features renowned sculptor Adolph A.
The 2008 silver eagle with no mint mark is worth around $36 in uncirculated condition. The 2008 W burnished silver eagle is worth around $48 in uncirculated condition. Lastly the 2008 W proof silver eagle is worth around $55 in proof condition.
The 1999 silver eagle with no mint mark is worth around $55 in uncirculated condition. The 1999 P proof silver eagle is worth around $100 in proof condition.
Of note, the proof coin itself has no mintage limit. For example, it was also available for purchase in a 40-coin bulk option (product code 21EMN040). Its total remained unchanged at 645 units for 25,800 coins. Combined, sales of the 2021-S Proof Silver Eagle are now at 284,169.
How many Silver Eagles will be minted in 2021?
| BULLION COINS | MINT | Coins Produced |
|---|---|---|
| 2021 1 OZ AE SILVER BULLION 500 oz BOX LS OLD DESIGN | WEST POINT | 200,000 |
| 2021 1 OZ AE SILVER BULLION 500 oz BOX NEW DESIGN | WEST POINT | 13,768,500 |
| 2021 1 OZ AE SILVER BULLION 500 oz BOX FS NEW DESIGN | WEST POINT | 200,000 |
The sets will be sold by both mints, with a product limit of 100,000 in the US and 10,000 in Canada. On November 14, 2019, the San Francisco mint mark Reverse Proof American Silver Eagles went on sale by the US Mint.
In general, the MS70 grade retails at about 2 to 3 times the cost of a raw coin while the MS69 grade retails at about 1.5 to 2 times the cost of a raw coin. Unfortunately, these graded coins only have a "one-way-market" from the big national coin dealers to the consumer.
A complete Uncirculated Silver American Eagle dollar date collection contains over 60 coins (as of 2018) – a good reason to consider your options for storage and display!
The 1995-W Proof Silver Eagle emerged as a fortuitous rarity for anyone who purchased the 10th Anniversary Set. The key date Silver Eagle can sell for prices of $3,000 or more depending on condition. This is actually more than the current value for the other four gold coins originally included in the set.
