1995W 10th anniversary

seems like the silver eagle peaked a few years back at $25k and then eased off to $15k. A really nice and rare one for your collection and I would have a problem letting it go

 

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Yes, I was confused by your first post.

As a collector the raw set has an attraction for me. I prefer the modern mint issues in the original packaging over slabs, as a collector. As an investor, a high slab grade will net you more money.

With a mintage of over 30,000 pieces, I have long considered the 1995-W Silver Eagle to be over priced. The prices have been dropping in recent years as these sets get further and further into the past. The Silver Eagle set is very popular, and the 1995-W is the key coin by far, but the demand for the set is static or falling as the coin market has lost steam in recent years. It might be the best time to sell this piece if making money is your goal.

 

I hope so on the sell side. I have a set that is complete except for the 95-W. I held off, thankfully, when the price hit $25k knowing it would cycle lower. Hopefully I can pick one up in the future for something closer to $10k. PCGS still has the population of PR70DCAM at 358 coins, so a rarity. They hit the market value I have seen pretty close at $16,250. But I wish I had the foresight to buy the Mercanti set. The 95-W they have pegged at $50k with very few certified. Like stocks, hindsight is always 20/20.

If you have deep enough pockets this might be a great grading set! But I don't.

 

Do you really have to have a PR-70, @HawkeEye? According to the Bluesheet, bid for a PCGS PR-69 is $2,850 and a PR-70 is $12,000. Can you really see the difference for almost $10k?

As for 358 coins graded coins as a rarity, I have many 18th and 19th century coins that have an entire population in all grades of less than that. Rarity is relative to market demand, but still with that many coins out there, the possibility for further market corrections is strong.

 

All good points, but I am trying to work on a PR70 set to leave to one of the grandkids down the road. In all likelihood I cannot tell the difference between a 69 and a 70 and I actually thought a good strategy might be to buy a 69 or two and resubmit for consideration as a 70. If you make it the payoff is quite good obviously. You could resubmit it a lot of times before you make up the difference, and sometimes you hit a more receptive grader.

I think the 358 number is relatively low because of the collecting population for modern issues. Many newer collectors probably see these as easier to find and understand before heading off in another more complex direction. But for the modern bullion coins with large components it is the accumulated cost of a complete set that kills most, I think.

I also have some coins in the world you described, particularly in the Morgan Dollar VAM arena where I have some singularities. I also built a MS/PR 70 First Spouse set for the grandkids. These became somewhat rare as a complete set because as time passed and gold shot up the set became difficult to keep going. I ate a lot of peanut butter some months to get it done.

But we all see things a little differently and collect what fascinates us.

 

I bought the set from the mint in 1995 and watched the price of just the ASE go to about 10K. Should have sold it and kept the gold. Too late now. I missed that boat but I'm still happy.

I lot of collectors were ticked off when the set came out. They had to spend a $1000 to keep their Silver Eagle set complete. That was a lot of money when the normal proof was only 20 something dollars. CoinWorld was filled with letters from upset collectors.

 

I just looked at my 1995W ASE NGC PF69UC. It has not spotted or degraded in any way for 24 years. I recommend you get the entire set graded/slabbed now.

 

It’s a *conditional* rarity and a *relative* rarity, but not a rarity by any stretch.

I often raise this point with top-pop moderns, and I get vehemently ridiculed. The entirety of the value rests on the holder.

 

And for some, the registry.

 

True and the unknown variables might just be demand, ungraded PR70 coins, and future demand. Looking at the modern bullion sets on the PCGS Registry there are a lot more collectors there than on many other sets. The same can probably be said for most modern bullion sets.

We have this conversation on VAMworld all the time. In my opinion the issue with VAM prices is not increasing the population of VAMers, which increases demand. Morgans are still one of the most popular collectible coins, but few have the interest to delve into the VAM arena for some reason. For me it was the logical next step in seriously collecting Morgans.

Going forward the older bullion coins may or may not attract collectors. Some of the modern gold sets (Eagles and Buffaloes for example) are already beyond the means of most of us.

But I strayed too far from the 95-W. Probably a different discussion for another forum.

 

I was one of them and I just did not have the insight to bite the bullet. If I had just mortgaged the farm and bought 100 sets...…….. Oh well...…….

The same might be said about the 2008 fractional Gold Buffalo coins.

 

Yes, I really liked the 2008 fractional Buffalo gold coins, but I thought that the mint wanted too much for them over melt. After the frenzy hit, people sent them off to be graded to get the most out of them. I don't care for those coins in slabs at all. I like them in the mint package. Today buying the set that way is virtually impossible. Sadly are if I did find such a set, it would probably contain cull coins. Yes, you can find bullion Proof coins marked up. Those odd red spots crops too. These things are supposed to be .999 gold.

Oh, I'll just turn the page on that set and move on. It's not like it's something you have to have.